# Novosteo funding: rounds and investors

> Novosteo has raised $5.5M across 1 round since 2021. Investors include National Institutes of Health and Elevate Ventures. Every round with its source.

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

[Series A startup](https://millionrounds.com/companies)

# Who invested in *Novosteo*

One round we have observed, with the 2 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.

Biotech

Funding summary Updated 26 Oct 2026

**$5.5M** raised across 1 round since 2021, from 1 source

- **Latest round:** Series A, $5.5M Jan 2021
- **Investors:** 2

See who backed them

## The rounds

- **Jan 2021** Series A **$5.5M** [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-3) Source recorded SEC filing: $4.3M sold, first sale Dec 2020

## Everyone who backed them

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **1** round

[Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-3) VC firm **1** round

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

## Quick answers about Novosteo

### Who invested in Novosteo?

Novosteo's investors include National Institutes of Health and Elevate Ventures.

### How much has Novosteo raised?

Novosteo has raised $5.5M across 1 round since 2021.

### When did Novosteo last raise?

Novosteo's most recent round was a Series A of $5.5M in Jan 2021.

### What was Novosteo's biggest round?

Its most recent round, $5.5M in Jan 2021, is also its largest on record.

### Who backed Novosteo first?

Novosteo's first round on record, in Jan 2021, was backed by National Institutes of Health and Elevate Ventures.

### What stage is Novosteo at?

Novosteo's latest named round is a Series A, in Jan 2021.

## Companies like Novosteo

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

[**Cloverleaf Bio** $33M · Sept 2026](https://millionrounds.com/company/cloverleaf-bio)[**Cheiron** $8.0M · Jul 2026](https://millionrounds.com/company/cheiron)[**Tavo Biotherapeutics** $17M · Jun 2026](https://millionrounds.com/company/tavo-biotherapeutics)[**Countable Labs** $26M · May 2026](https://millionrounds.com/company/countable-labs)[**Oricell Therapeutics** $180M · Apr 2026](https://millionrounds.com/company/oricell-therapeutics)[**Immunofoco** $29M · Mar 2026](https://millionrounds.com/company/immunofoco)

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