United States · Growth startup

Who invested in Liquidia Technologies

7 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Funding summaryUpdated 26 Oct 2026

$74Mraised across 7 rounds since 2006, from 7 sources

$6.0MSeries A$16MSeries B$3.0MGrant$20MSeries C$5.0MSeries C$10MVenture$14MGrowth
Latest round
Growth, $14MJul 2012
Biggest round
$20MSeries C · Jan 2010
Step-upi
1.4×
Investors
11
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

200720082009201020112012
$6.0MSeries A$16MSeries B$3.0MGrant$20MSeries C$5.0MSeries C$10MVenture$14MGrowth
First round
Series A, $6.0M
Jun 2006
Biggest round
$20M
Series C · Jan 2010
Usual gap between rounds
9 months
the median of 6

The rounds

  1. Jul 2012
    Growth$14M

    No investor was named in the report.

    Reported by sec.govSEC filing: $14M sold, first sale Feb 2011

  2. Mar 2011
    Venture$10M3 new

    Reported by finsmes.comSEC filing: $10M sold, first sale Feb 2011

  3. Jul 2010
    Series C$5.0M5 returning

    Reported by onbiovc.comSEC filing: $25M sold, first sale Jul 2009

  4. Jan 2010
    Series C$20M3 new2 returning

    Reported by finsmes.comSEC filing: $20M sold, first sale Jul 2009

  5. Dec 2009
    Grant$3.0M1 new

    Reported by freshnews.comSEC filing: $20M sold, first sale Jul 2009

  6. Mar 2007
    Series B$16M1 new2 returning

    From a historical funding record

  7. Jun 2006

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Firelake Capital ManagementGrowth equity4rounds
CanaanVC firm2rounds
Morningside GroupVC firm2rounds
Pappas VenturesVC firm2rounds
Wakefield GroupVC firm2rounds
SiemensCorporate VC1round
Gates FoundationInstitutional LP1round
Jenny RookeAngel1round
NISTGovernment1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Liquidia Technologies

Who invested in Liquidia Technologies?

Liquidia Technologies's investors include Firelake Capital Management, New Enterprise Associates, Canaan, Morningside Group and Pappas Ventures, and 6 more on record.

How much has Liquidia Technologies raised?

Liquidia Technologies has raised $74M across 7 rounds since 2006.

When did Liquidia Technologies last raise?

Liquidia Technologies's most recent round was a Growth of $14M in Jul 2012.

What was Liquidia Technologies's biggest round?

Liquidia Technologies's largest round on record is $20M (Series C), in Jan 2010.

Who backed Liquidia Technologies first?

Liquidia Technologies's first round on record, in Jun 2006, was backed by Siemens, Firelake Capital Management and Wakefield Group.

What stage is Liquidia Technologies at?

Liquidia Technologies's latest named round is a Growth, in Jul 2012.

Where is Liquidia Technologies based?

Liquidia Technologies is based in the United States.

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