# Milestone Pharmaceuticals funding: rounds and investors > Milestone Pharmaceuticals has raised $110M across 3 rounds since 2011. Investors include BDC Capital, Fonds de solidarite Ftq and Pappas Ventures. Source: https://millionrounds.com/company/milestone-pharmaceuticals (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # Who invested in *Milestone Pharmaceuticals* 3 rounds we have observed, with the 15 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 **$110M** raised across 3 rounds since 2011, from 3 sources **$13M** Venture **$17M** Series B **$80M** Round - **Latest round:** Round, $80M Oct 2018 - **Step-up i:** 4.7× - **Investors:** 15 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. 2011 2012 2013 2014 2015 2016 2017 2018 **$13M** Venture **$17M** Series B **$80M** Round - **First round:** Venture, $13M - **Biggest round:** $80M - **Usual gap between rounds:** 4 years ## The rounds - **Oct 2018** Round **$80M** *8 new* *2 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) [Boxer Capital](https://millionrounds.com/fund/boxer-capital) [Pappas Capital](https://millionrounds.com/fund/pappas-capital) Domain GO Novo RTW Investments/ Venrock Tekla Reported by FinSMEs SEC filing: $80M sold, first sale Oct 2018 - **Jun 2015** Series B **$17M** *4 new* *2 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Domain Associates](https://millionrounds.com/fund/domain-associates) [Go Capital](https://millionrounds.com/fund/go-capital) [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) [Pappas Ventures](https://millionrounds.com/fund/pappas-ventures) From a historical funding record SEC filing: $3.8M sold, first sale Jun 2015 - **Jun 2011** Venture **$13M** *3 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Pappas Ventures](https://millionrounds.com/fund/pappas-ventures) [GO Capital Fund](https://millionrounds.com/fund/go-capital-fund) Reported by money.msn.com SEC filing: $596K sold, first sale May 2011 ## 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** 2011 **Series B** 2015 **Round** 2018 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) [Pappas Ventures](https://millionrounds.com/fund/pappas-ventures) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Domain Associates](https://millionrounds.com/fund/domain-associates) [Go Capital](https://millionrounds.com/fund/go-capital) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Boxer Capital](https://millionrounds.com/fund/boxer-capital) [Pappas Capital](https://millionrounds.com/fund/pappas-capital) [GO Capital Fund](https://millionrounds.com/fund/go-capital-fund) ## Everyone who backed them [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **3** rounds [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) VC firm **2** rounds [Pappas Ventures](https://millionrounds.com/fund/pappas-ventures) VC firm **2** rounds [Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **1** round [Domain Associates](https://millionrounds.com/fund/domain-associates) VC firm **1** round [Go Capital](https://millionrounds.com/fund/go-capital) VC firm **1** round [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Private equity **1** round [Boxer Capital](https://millionrounds.com/fund/boxer-capital) VC firm **1** round [Pappas Capital](https://millionrounds.com/fund/pappas-capital) VC firm **1** round [GO Capital Fund](https://millionrounds.com/fund/go-capital-fund) VC firm **1** round Domain no record of our own yet **1** round GO no record of our own yet **1** round Novo no record of our own yet **1** round RTW Investments/ Venrock no record of our own yet **1** round Tekla 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=milestone-pharmaceuticals). ## Quick answers about Milestone Pharmaceuticals ### Who invested in Milestone Pharmaceuticals? Milestone Pharmaceuticals's investors include BDC Capital, Fonds de solidarite Ftq, Pappas Ventures, Inovia Capital and Domain Associates, and 10 more on record. ### How much has Milestone Pharmaceuticals raised? Milestone Pharmaceuticals has raised $110M across 3 rounds since 2011. ### When did Milestone Pharmaceuticals last raise? Milestone Pharmaceuticals's most recent round was an Undisclosed round of $80M in Oct 2018. ### What was Milestone Pharmaceuticals's biggest round? Its most recent round, $80M in Oct 2018, is also its largest on record. ### Who backed Milestone Pharmaceuticals first? Milestone Pharmaceuticals's first round on record, in Jun 2011, was backed by BDC Capital, Pappas Ventures and GO Capital Fund. ### What stage is Milestone Pharmaceuticals at? Milestone Pharmaceuticals's latest named round is an Undisclosed round, in Oct 2018. ### Where is Milestone Pharmaceuticals based? Milestone Pharmaceuticals is based in Canada. ## Companies like Milestone Pharmaceuticals In the same sector, and raised in the last eighteen months. [**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**The Wellness Company** $1.2M · Sept 2026](https://millionrounds.com/company/the-wellness-company)[**Fullscript** Sept 2026](https://millionrounds.com/company/fullscript)[**Cardiol Therapeutics** $7.0M · Sept 2026](https://millionrounds.com/company/cardiol-therapeutics)[**QurCan Therapeutics Inc.** $6.0M · Sept 2026](https://millionrounds.com/company/qurcan-therapeutics-inc) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app