# Muna Therapeutics funding: rounds and investors

> Muna Therapeutics has raised $1.0M across 1 round since 2026. Investors include Polaris Partners, Sofinnova Partners and Novo Holdings.

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

Denmark · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Muna Therapeutics*

One round we have observed, with the 4 investors 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.

Pharma

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$1.0M** raised across 1 round since 2026, from 1 source

- **Latest round:** Grant, $1.0M Jan 2026
- **Investors:** 4

See who backed them

## The rounds

- **Jan 2026** Grant **$1.0M** [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Sanofi](https://millionrounds.com/fund/sanofi) Source recorded

## Founders and team

From Muna Therapeutics's own website: 3 on the team.

- **David Howe** Vice-President, Head of Early Clinical Development
- **Pernille Aasholm** Vice-President, Head of People
- **Danielle Frederiksen** Vice-President, Finance

## Everyone who backed them

[Polaris Partners](https://millionrounds.com/fund/polaris-partners) VC firm **1** round

[Sofinnova Partners](https://millionrounds.com/fund/sofinnova-partners) VC firm **1** round

[Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round

[Sanofi](https://millionrounds.com/fund/sanofi) Investment firm **1** round

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

## Also claim to have backed them

These 2 firms list Muna Therapeutics 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.

[Droia Ventures](https://millionrounds.com/fund/droia-ventures) VC firm Per its own site

[V-Bio Ventures](https://millionrounds.com/fund/v-bio-ventures) VC firm Per its own site

## Quick answers about Muna Therapeutics

### Who invested in Muna Therapeutics?

Muna Therapeutics's investors include Polaris Partners, Sofinnova Partners, Novo Holdings and Sanofi.

### How much has Muna Therapeutics raised?

Muna Therapeutics has raised $1.0M across 1 round since 2026.

### When did Muna Therapeutics last raise?

Muna Therapeutics's most recent round was a Grant of $1.0M in Jan 2026.

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

Its most recent round, $1.0M in Jan 2026, is also its largest on record.

### Who backed Muna Therapeutics first?

Muna Therapeutics's first round on record, in Jan 2026, was backed by Polaris Partners, Sofinnova Partners and Novo Holdings and 1 others.

### What stage is Muna Therapeutics at?

Muna Therapeutics's latest named round is a Grant, in Jan 2026.

### Where is Muna Therapeutics based?

Muna Therapeutics is based in Denmark.

## Companies like Muna Therapeutics

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

[**Zealand Pharma** $100M · Aug 2026](https://millionrounds.com/company/zealand-pharma)[**ADCendo** $210M · Apr 2026](https://millionrounds.com/company/adcendo)[**BOOST Pharma** $3.6M · Nov 2025](https://millionrounds.com/company/boost-pharma)[**ExpreS2ion** $1.3M · Oct 2025](https://millionrounds.com/company/expres2ion)[**Aribio** Oct 2026](https://millionrounds.com/company/aribio)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)

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