# NED Biosystems funding: rounds and investors

> NED Biosystems has raised $3.5M across 2 rounds since 2015. Investors include Benjamin Griswold IV. Every round with its source.

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

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *NED Biosystems*

2 rounds we have observed, with the one investor 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

**$3.5M** raised across 2 rounds since 2015, from 2 sources

**$1.5M** Venture **$2.0M** Series B

- **Latest round:** Series B, $2.0M Aug 2018
- **Step-up i:** 1.3×
- **Investors:** 1

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.

2016 2017 2018

**$1.5M** Venture

**$2.0M** Series B

- **First round:** Venture, $1.5M
- **Biggest round:** $2.0M
- **Between rounds:** 2.8 years

## The rounds

- **Aug 2018** Series B **$2.0M** *1 new* Benjamin Griswold IV Reported by FinSMEs
- **Oct 2015** Venture **$1.5M** No investor was named in the report. From a historical funding record SEC filing: $1.5M sold, first sale Oct 2015

## Founders and team

From NED Biosystems's own website: 1 founder, 6 on the team.

**Rebecca Lambert** Founder

- **Elinor Mullins** President & Secretary
- **Clinical Pharmacology Advisor** Board of Directors
- **Diane Whitty** Lead Investors
- **Lily Li** Director
- **Mary Davis** Director
- **Regulatory Advisor** Medical Director / Medical Monitor

Advisers *Systems Champions*

## Everyone who backed them

Benjamin Griswold IV 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=ned-biosystems).

## Quick answers about NED Biosystems

### Who invested in NED Biosystems?

NED Biosystems's investors include Benjamin Griswold IV.

### How much has NED Biosystems raised?

NED Biosystems has raised $3.5M across 2 rounds since 2015.

### When did NED Biosystems last raise?

NED Biosystems's most recent round was a Series B of $2.0M in Aug 2018.

### What was NED Biosystems's biggest round?

Its most recent round, $2.0M in Aug 2018, is also its largest on record.

### Who backed NED Biosystems first?

NED Biosystems's first round on record, in Aug 2018, was backed by Benjamin Griswold IV.

### What stage is NED Biosystems at?

NED Biosystems's latest named round is a Series B, in Aug 2018.

### Where is NED Biosystems based?

NED Biosystems is based in the United States.

## Companies like NED Biosystems

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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