# Octarine Bio funding: rounds and investors

> Octarine Bio has raised $5.9M across 1 round since 2026. Investors include MassChallenge and The Danish Growth Fund. Every round with its source.

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

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

# Who invested in *Octarine Bio*

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

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$5.9M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $5.9M Jan 2026
- **Investors:** 2

See who backed them

## The rounds

- **Jan 2026** Series A **$5.9M** [MassChallenge](https://millionrounds.com/fund/masschallenge) [The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) Also list them on their own site [Edaphon](https://millionrounds.com/fund/edaphon) Source recorded

## Founders and team

From Octarine Bio's own website: 2 founders, 5 on the team.

**Nethaji Gallage** CEO & Co-Founder

**Nick Milne** Cso & Co-Founder

- **Emmanuel Petiot** Chief Business Officer
- **Jan K. Villadsen** Chief Financial Officer
- **Akshat Kshetrapal** Board member representing DSM-Firmenich Ventures
- **Claudia Blomgren-Hansen** Independent board member
- **Stephanie Michelle King** Board Of Directors

Advisers *Prof. Joanna Neill*

## Everyone who backed them

[MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **1** round

[The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) VC firm **1** round

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

## Also claim to have backed them

This firm lists Octarine Bio 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.

[Edaphon](https://millionrounds.com/fund/edaphon) VC firm 2026, per its site

## Quick answers about Octarine Bio

### Who invested in Octarine Bio?

Octarine Bio's investors include MassChallenge and The Danish Growth Fund.

### How much has Octarine Bio raised?

Octarine Bio has raised $5.9M across 1 round since 2026.

### When did Octarine Bio last raise?

Octarine Bio's most recent round was a Series A of $5.9M in Jan 2026.

### What was Octarine Bio's biggest round?

Its most recent round, $5.9M in Jan 2026, is also its largest on record.

### Who backed Octarine Bio first?

Octarine Bio's first round on record, in Jan 2026, was backed by MassChallenge and The Danish Growth Fund.

### What stage is Octarine Bio at?

Octarine Bio's latest named round is a Series A, in Jan 2026.

### Where is Octarine Bio based?

Octarine Bio is based in Denmark.

## Companies like Octarine Bio

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

[**Zealand Pharma** $100M · Aug 2026](https://millionrounds.com/company/zealand-pharma)[**Curasight A/S** $3.1M · Jun 2026](https://millionrounds.com/company/curasight-a-s)[**Alcolase** $2.1M · May 2026](https://millionrounds.com/company/alcolase)[**ADCendo** $210M · Apr 2026](https://millionrounds.com/company/adcendo)[**ENZIDIA** $241K · Mar 2026](https://millionrounds.com/company/enzidia)[**Mycoverse** $2.8M · Mar 2026](https://millionrounds.com/company/mycoverse)

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