# Magnet Biomedicine funding: rounds and investors

> Magnet Biomedicine has raised $50M across 1 round since 2023. Investors include ARCH Venture Partners. Every round with its source.

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

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

# Who invested in *Magnet Biomedicine*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Funding summary Updated 26 Oct 2026

**$50M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series A, $50M Sept 2023
- **Investors:** 1

See who backed them

## The rounds

- **Sept 2023** Series A **$50M** [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) Source recorded

## Founders and team

From Magnet Biomedicine's own website: 8 on the team.

- **Bharat Reddy** Vice President of Drug Discovery
- **Jennifer Franklin** Vice President of Operations
- **Mabel Lee** Vice President, Clinical Operations
- **Brian Safina** Chief Medical Officer
- **Nick Vlahakis** Chief Business Officer
- **Rajesh Menon** VP, Regulatory Affairs
- **Danielle Thibault** Office Manager
- **Super Presenter** Lead Op

Advisers *Benjamin F. Cravatt* *David A. Spiegel* *Jordan Zwick* *Michael Rosbash* *Ramnik Xavier* *Richa Saxena*

## Everyone who backed them

[ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) VC firm **1** round

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

## Quick answers about Magnet Biomedicine

### Who invested in Magnet Biomedicine?

Magnet Biomedicine's investors include ARCH Venture Partners.

### How much has Magnet Biomedicine raised?

Magnet Biomedicine has raised $50M across 1 round since 2023.

### When did Magnet Biomedicine last raise?

Magnet Biomedicine's most recent round was a Series A of $50M in Sept 2023.

### What was Magnet Biomedicine's biggest round?

Its most recent round, $50M in Sept 2023, is also its largest on record.

### Who backed Magnet Biomedicine first?

Magnet Biomedicine's first round on record, in Sept 2023, was backed by ARCH Venture Partners.

### What stage is Magnet Biomedicine at?

Magnet Biomedicine's latest named round is a Series A, in Sept 2023.

### Where is Magnet Biomedicine based?

Magnet Biomedicine is based in the United States.

## Companies like Magnet Biomedicine

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)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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