# Lung Therapeutics funding: rounds and investors

> Lung Therapeutics has raised $52M across 5 rounds since 2013. Investors include UT Horizon Fund, Texas Venture Labs and Bios Partners.

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

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

# Who invested in *Lung Therapeutics*

5 rounds we have observed, with the 4 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

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Funding summary Updated 27 Oct 2026

**$52M** raised across 5 rounds since 2013, from 5 sources

**$1.6M** Series A **$14M** Series B **$36M** Series C

- **Latest round:** Series C, $36M Jun 2019
- **Step-up i:** 2.6×
- **Investors:** 4

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.

2014 2015 2016 2017 2018 2019

**?** Round

**?** Grant

**$1.6M** Series A

**$14M** Series B

**$36M** Series C

- **First round:** Round
- **Biggest round:** $36M
- **Usual gap between rounds:** 2 years

## The rounds

- **Jun 2019** Series C **$36M** *1 new* [Bios Partners](https://millionrounds.com/fund/bios-partners) Reported by FinSMEs SEC filing: $36M sold, first sale May 2019
- **Jun 2017** Series B **$14M** *1 new* Bios Partners/ UT Horizon Fund Reported by FinSMEs SEC filing: $14M sold, first sale Mar 2016
- **Sept 2014** Series A **$1.6M** *1 returning* [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) From a historical funding record SEC filing: $1.6M sold, first sale Sept 2014
- **Dec 2013** Grant **Amount undisclosed** *1 new* [Texas Venture Labs](https://millionrounds.com/fund/brumley-institute-for-graduate-entrepreneurship) From a historical funding record
- **Jul 2013** Round **Amount undisclosed** *1 new* [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) From a historical funding record

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Brian Windsor** Executive Officer, Director i
- **Charles C. Garner** Executive Officer i

On the board, as filed i *Aaron G.L. Fletcher* *William C. Fairey*

## 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.

**Round** 2013 **Grant** 2013 **Series A** 2014 **Series B** 2017 **Series C** 2019 [UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) [Texas Venture Labs](https://millionrounds.com/fund/brumley-institute-for-graduate-entrepreneurship) [Bios Partners](https://millionrounds.com/fund/bios-partners) Bios Partners/ UT Horizon Fund

## Everyone who backed them

[UT Horizon Fund](https://millionrounds.com/fund/ut-horizon-fund) VC firm **2** rounds

[Texas Venture Labs](https://millionrounds.com/fund/brumley-institute-for-graduate-entrepreneurship) Investment firm **1** round

[Bios Partners](https://millionrounds.com/fund/bios-partners) Private equity **1** round

Bios Partners/ UT Horizon Fund no record of our own yet **1** round

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

## Quick answers about Lung Therapeutics

### Who invested in Lung Therapeutics?

Lung Therapeutics's investors include UT Horizon Fund, Texas Venture Labs, Bios Partners and Bios Partners/ UT Horizon Fund.

### How much has Lung Therapeutics raised?

Lung Therapeutics has raised $52M across 5 rounds since 2013. 2 rounds did not disclose an amount, so the total is a floor.

### When did Lung Therapeutics last raise?

Lung Therapeutics's most recent round was a Series C of $36M in Jun 2019.

### What was Lung Therapeutics's biggest round?

Its most recent round, $36M in Jun 2019, is also its largest on record.

### Who backed Lung Therapeutics first?

Lung Therapeutics's first round on record, in Jul 2013, was backed by UT Horizon Fund.

### What stage is Lung Therapeutics at?

Lung Therapeutics's latest named round is a Series C, in Jun 2019.

### Where is Lung Therapeutics based?

Lung Therapeutics is based in the United States.

## Companies like Lung Therapeutics

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**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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