# Lumicell funding: rounds and investors

> Lumicell has raised $30M across 2 rounds since 2014. Investors include Launch Capital and BlueIO. Every round with its source.

Source: https://millionrounds.com/company/lumicell (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Lumicell*

2 rounds we have observed, with the 2 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.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$30M** raised across 2 rounds since 2014, from 2 sources

**$1.6M** Venture **$29M** Series C

- **Latest round:** Series C, $29M Dec 2017
- **Step-up i:** 18.4×
- **Investors:** 2

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.

2015 2016 2017

**$1.6M** Venture

**$29M** Series C

- **First round:** Venture, $1.6M
- **Biggest round:** $29M
- **Between rounds:** 3.6 years

## The rounds

- **Dec 2017** Series C **$29M** *2 new* [Launch Capital](https://millionrounds.com/fund/launch-capital) [BlueIO](https://millionrounds.com/fund/blueio) Reported by FinSMEs SEC filing: $21M sold, first sale Jun 2017
- **Apr 2014** Venture **$1.6M** No investor was named in the report. From a historical funding record SEC filing: $1.6M sold, first sale Dec 2013

## Founders and team

From Lumicell's own website: 1 founder, 3 on the team.

**W. David Lee** Founder, Lumicell

- **Cosimo Fiorenza** Vice President & General Counsel
- **Kate Smith** Vice President, Clinical Affairs & Pharmacovigilance
- **Anika Therapeutics** Board of Observers

## 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.

**Venture** 2014 **Series C** 2017 [Launch Capital](https://millionrounds.com/fund/launch-capital) [BlueIO](https://millionrounds.com/fund/blueio)

## Everyone who backed them

[Launch Capital](https://millionrounds.com/fund/launch-capital) Family office **1** round

[BlueIO](https://millionrounds.com/fund/blueio) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lumicell).

## Also claim to have backed them

These 4 firms list Lumicell as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[LaunchCapital](https://millionrounds.com/fund/launchcapital) VC firm Per its own site

[Rivas Capital](https://millionrounds.com/fund/rivas-capital) Family office Per its own site

[Kinled Holding](https://millionrounds.com/fund/kinled-holding) Private equity Per its own site

[MedScience Ventures, LLC](https://millionrounds.com/fund/medscience-ventures-llc) VC firm Per its own site

## Quick answers about Lumicell

### Who invested in Lumicell?

Lumicell's investors include Launch Capital and BlueIO.

### How much has Lumicell raised?

Lumicell has raised $30M across 2 rounds since 2014.

### When did Lumicell last raise?

Lumicell's most recent round was a Series C of $29M in Dec 2017.

### What was Lumicell's biggest round?

Its most recent round, $29M in Dec 2017, is also its largest on record.

### Who backed Lumicell first?

Lumicell's first round on record, in Dec 2017, was backed by Launch Capital and BlueIO.

### What stage is Lumicell at?

Lumicell's latest named round is a Series C, in Dec 2017.

### Where is Lumicell based?

Lumicell is based in the United States.

## Companies like Lumicell

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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