# NMD Pharma funding: rounds and investors

> NMD Pharma has raised $81M across 1 round since 2023. Investors include Novo Holdings. Every round with its source.

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

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

# Who invested in *NMD Pharma*

One round we have observed, with the one investor 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.

Healthcare

Funding summary Updated 26 Oct 2026

**$81M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series B, $81M Nov 2023
- **Investors:** 1

See who backed them

## The rounds

- **Nov 2023** Series B **$81M** [Novo Holdings](https://millionrounds.com/fund/novo-ventures) Source recorded

## Everyone who backed them

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

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

## Also claim to have backed them

This firm lists NMD Pharma 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.

[Inkef](https://millionrounds.com/fund/inkef-capital) VC firm Per its own site

## Quick answers about NMD Pharma

### Who invested in NMD Pharma?

NMD Pharma's investors include Novo Holdings.

### How much has NMD Pharma raised?

NMD Pharma has raised $81M across 1 round since 2023.

### When did NMD Pharma last raise?

NMD Pharma's most recent round was a Series B of $81M in Nov 2023.

### What was NMD Pharma's biggest round?

Its most recent round, $81M in Nov 2023, is also its largest on record.

### Who backed NMD Pharma first?

NMD Pharma's first round on record, in Nov 2023, was backed by Novo Holdings.

### What stage is NMD Pharma at?

NMD Pharma's latest named round is a Series B, in Nov 2023.

### Where is NMD Pharma based?

NMD Pharma is based in Denmark.

## Companies like NMD Pharma

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

[**EpiMass** $646K · Sept 2026](https://millionrounds.com/company/epimass)[**Sylvia Health** $646K · Sept 2026](https://millionrounds.com/company/sylvia-health)[**Orbis Medicines** $187M · Sept 2026](https://millionrounds.com/company/orbis-medicines)[**gMendel** $1.4M · Apr 2026](https://millionrounds.com/company/gmendel)[**ADCendo** $210M · Apr 2026](https://millionrounds.com/company/adcendo)[**Galecto** $365M · Feb 2026](https://millionrounds.com/company/galecto)

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