# Ncardia funding: rounds and investors

> Ncardia has raised $72M across 2 rounds since 2017. Investors include EISMEA, InnovationQuarter and S.R.I.W.. Every round with its source.

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

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

# Who invested in *Ncardia*

2 rounds we have observed, with the 7 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

**$72M** raised across 2 rounds since 2017, from 2 sources

**$12M** Series B **$60M** Venture

- **Latest round:** Venture, $60M Nov 2021
- **Step-up i:** 5×
- **Investors:** 7

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.

2018 2019 2020 2021

**$12M** Series B

**$60M** Venture

- **First round:** Series B, $12M
- **Biggest round:** $60M
- **Between rounds:** 3.9 years

## The rounds

- **Nov 2021** Venture **$60M** *2 new* [EISMEA](https://millionrounds.com/fund/eismea) [InnovationQuarter](https://millionrounds.com/fund/innovation-quarter) Source recorded
- **Nov 2017** Series B **$12M** *5 new* [S.R.I.W.](https://millionrounds.com/fund/sriw) [SFPI-FPIM](https://millionrounds.com/fund/sfpi-fpim) [Sambrinvest](https://millionrounds.com/fund/sambrinvest) Vesalius pimède/ InnovationQuarter 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** 2021 [EISMEA](https://millionrounds.com/fund/eismea) [InnovationQuarter](https://millionrounds.com/fund/innovation-quarter) [S.R.I.W.](https://millionrounds.com/fund/sriw) [Sambrinvest](https://millionrounds.com/fund/sambrinvest) [SFPI-FPIM](https://millionrounds.com/fund/sfpi-fpim) pimède/ InnovationQuarter Vesalius

## Everyone who backed them

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

[InnovationQuarter](https://millionrounds.com/fund/innovation-quarter) Government **1** round

[S.R.I.W.](https://millionrounds.com/fund/sriw) Government **1** round

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

[SFPI-FPIM](https://millionrounds.com/fund/sfpi-fpim) VC firm **1** round

pimède/ InnovationQuarter no record of our own yet **1** round

Vesalius 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=ncardia).

## Also claim to have backed them

This firm lists Ncardia 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.

[Epimède](https://millionrounds.com/fund/epimede) Growth equity Per its own site

## Quick answers about Ncardia

### Who invested in Ncardia?

Ncardia's investors include EISMEA, InnovationQuarter, S.R.I.W., Sambrinvest and SFPI-FPIM, and 2 more on record.

### How much has Ncardia raised?

Ncardia has raised $72M across 2 rounds since 2017.

### When did Ncardia last raise?

Ncardia's most recent round was a Venture of $60M in Nov 2021.

### What was Ncardia's biggest round?

Its most recent round, $60M in Nov 2021, is also its largest on record.

### Who backed Ncardia first?

Ncardia's first round on record, in Nov 2017, was backed by S.R.I.W., SFPI-FPIM and Sambrinvest and 2 others.

### What stage is Ncardia at?

Ncardia's latest named round is a Venture, in Nov 2021.

### Where is Ncardia based?

Ncardia is based in Belgium.

## Companies like Ncardia

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

[**Novadip Biosciences** $43M · Sept 2026](https://millionrounds.com/company/novadip-biosciences)[**Amyl Therapeutics** $9.6M · Sept 2026](https://millionrounds.com/company/amyl-therapeutics)[**Revier Therapeutics** $7.0M · Aug 2026](https://millionrounds.com/company/revier-therapeutics)[**Sightera Biosciences** $3.4M · Jul 2026](https://millionrounds.com/company/sightera-biosciences)[**Rainbow Crops** $18M · Jun 2026](https://millionrounds.com/company/rainbow-crops)[**ReVision Implant** $4.7M · May 2026](https://millionrounds.com/company/revision-implant)

## Find investors like these

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Open the investor searchOr these rounds in the app
