# Natural Cycles funding: rounds and investors

> Natural Cycles has raised $33M across 2 rounds since 2017. Investors include Headline, JP Morgan and EQT Ventures. Every round with its source.

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

Sweden · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Natural Cycles*

2 rounds we have observed, with the 8 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.

Consumer Apps Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$33M** raised across 2 rounds since 2017, from 2 sources

**$30M** Series B **$2.6M** Venture

- **Latest round:** Venture, $2.6M Jan 2025
- **Biggest round:** $30M Series B · Nov 2017
- **Investors:** 8

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.

2019 2021 2023 2025

**$30M** Series B

**$2.6M** Venture

- **First round:** Series B, $30M
- **Biggest round:** $30M
- **Between rounds:** 7.2 years

## The rounds

- **Jan 2025** Venture **$2.6M** *5 new* [Headline](https://millionrounds.com/fund/headline) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) [Heartcore Capital](https://millionrounds.com/fund/heartcore-capital) Source recorded
- **Nov 2017** Series B **$30M** *3 new* [E-Ventures](https://millionrounds.com/fund/e-ventures-2) Bonnier Growth EQT Ventures/ Sunstone Reported by FinSMEs

## 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.

**Series B** 2017 **Venture** 2025 [Headline](https://millionrounds.com/fund/headline) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) [Heartcore Capital](https://millionrounds.com/fund/heartcore-capital) [E-Ventures](https://millionrounds.com/fund/e-ventures-2) Bonnier Growth EQT Ventures/ Sunstone

## Everyone who backed them

[Headline](https://millionrounds.com/fund/headline) VC firm **1** round

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[EQT Ventures](https://millionrounds.com/fund/eqt-ventures) VC firm **1** round

[Point72 Ventures](https://millionrounds.com/fund/point72-ventures) VC firm **1** round

[Heartcore Capital](https://millionrounds.com/fund/heartcore-capital) VC firm **1** round

[E-Ventures](https://millionrounds.com/fund/e-ventures-2) Investment firm **1** round

Bonnier Growth no record of our own yet **1** round

EQT Ventures/ Sunstone 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=natural-cycles).

## Also claim to have backed them

This firm lists Natural Cycles as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[TR Invest AG](https://millionrounds.com/fund/tr-invest-ag) Company Per its own site

## Quick answers about Natural Cycles

### Who invested in Natural Cycles?

Natural Cycles's investors include Headline, JP Morgan, EQT Ventures, Point72 Ventures and Heartcore Capital, and 3 more on record.

### How much has Natural Cycles raised?

Natural Cycles has raised $33M across 2 rounds since 2017.

### When did Natural Cycles last raise?

Natural Cycles's most recent round was a Venture of $2.6M in Jan 2025.

### What was Natural Cycles's biggest round?

Natural Cycles's largest round on record is $30M (Series B), in Nov 2017.

### Who backed Natural Cycles first?

Natural Cycles's first round on record, in Nov 2017, was backed by E-Ventures, Bonnier Growth and EQT Ventures/ Sunstone.

### What stage is Natural Cycles at?

Natural Cycles's latest named round is a Venture, in Jan 2025.

### Where is Natural Cycles based?

Natural Cycles is based in Sweden.

## Companies like Natural Cycles

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

[**Neko Health** $1.7B · Sept 2026](https://millionrounds.com/company/neko-health)[**Tandem Health** $150M · Sept 2026](https://millionrounds.com/company/tandem-health)[**EnginZyme** $7.6M · Sept 2026](https://millionrounds.com/company/enginzyme)[**CubaseBio** $9.2M · Sept 2026](https://millionrounds.com/company/cubasebio)[**OncoZenge** $3.9M · Sept 2026](https://millionrounds.com/company/oncozenge)[**Pixelgen Technologies** $29M · Aug 2026](https://millionrounds.com/company/pixelgen-technologies)

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