United States · Funded startup

Who invested in Moderna

3 rounds we have observed, with the 14 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.

BiotechHealthcare

Raised 5 months ago

Funding summaryUpdated 26 Oct 2026

$675Mraised across 3 rounds since 2018, from 4 sources

$500MRound$125MSeries H$50MGrant
Latest round
Grant, $50MJun 2026
Biggest round
$500MRound · Feb 2018
Investors
14
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.

20182020202220242026
$500MRound$125MSeries H$50MGrant
First round
Round, $500M
Feb 2018
Biggest round
$500M
Round · Feb 2018
Usual gap between rounds
8.1 years
the median of 2
ModernaBiotech/health1 / 12Their pitch deckModerna's pitch deck, 12 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Jun 2026
    Grant$50M4 new

    Source recorded and 1 other

  2. May 2018
  3. Feb 2018

Founders and team

From the SEC filings it signed: 4 on the team.

  • Stephane BancelPresident, Chief Executive Officer, Directori
  • Lorence KimChief Financial Officeri
  • James KasingerGeneral Counseli
  • Noubar AfeyanChairman of the Board of Directorsi

On the board, as filediHenri TermeerJohn MendleinLee BabissPeter HuttRobert CarpenterRobert LangerTheo Melas-Kyriazi

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

Sequoia CapitalVC firm1round
HSGVC firm1round
RA Capital ManagementPrivate equity1round
FidelityVC firm1round
EDBIVC firm1round
Ares ManagementGrowth equity1round
BB Biotech VenturesGrowth equity1round
ArrowMark PartnersPrivate equity1round
PictetVC firm1round
Julius Baerno record of our own yet1round
Vikingno record of our own yet1round

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

Quick answers about Moderna

Who invested in Moderna?

Moderna's investors include Sequoia Capital, HSG, RA Capital Management, Fidelity and Wellington Management, and 9 more on record.

How much has Moderna raised?

Moderna has raised $675M across 3 rounds since 2018.

When did Moderna last raise?

Moderna's most recent round was a Grant of $50M in Jun 2026.

What was Moderna's biggest round?

Moderna's largest round on record is $500M (Undisclosed round), in Feb 2018.

Who backed Moderna first?

Moderna's first round on record, in Feb 2018, was backed by Sequoia Capital, Fidelity and EDBI and 6 others.

What stage is Moderna at?

Moderna's latest named round is a Grant, in Jun 2026.

Where is Moderna based?

Moderna is based in the United States.

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