# Ocugen funding: rounds and investors

> Ocugen has raised $151M across 4 rounds since 2016. Investors include Janus Henderson Investors, RTW Investments LLC and Abdi Ibrahim.

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

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

# Who invested in *Ocugen*

4 rounds we have observed, with the 8 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 Pharma

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$151M** raised across 4 rounds since 2016, from 4 sources

**$6.0M** Series A **$7.5M** Series B **$23M** Round **$115M** Debt

- **Latest round:** Debt, $115M May 2026
- **Step-up i:** 5.1×
- **Investors:** 8

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 2020 2022 2024 2026

**$6.0M** Series A

**$7.5M** Series B

**$23M** Round

**$115M** Debt

- **First round:** Series A, $6.0M
- **Biggest round:** $115M
- **Usual gap between rounds:** 6 months

## The rounds

- **May 2026** Debt **$115M** *2 returning* [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Source recorded
- **Jan 2026** Round **$23M** *2 new* [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Source recorded
- **Jun 2017** Series B **$7.5M** *4 new* Abdi Ibrahim Frank Leo JSC Lancaster Group John Zhang Reported by FinSMEs SEC filing: $7.5M sold, first sale May 2017
- **Dec 2016** Series A **$6.0M** *2 new* Dr. Bernhard Hampl EB5 Life Sciences Reported by FinSMEs SEC filing: $6.0M sold, first sale Nov 2016

## Founders and team

From Ocugen's own website and the SEC filings it signed: 2 founders, 18 on the team.

**Shankar Musunuri** Chairman of the Board, CEO & Co-founder *Named on its 2020 Form D*

**Uday B Kompella** Co-founder and Director *Named on its 2020 Form D*

- **Abhi Gupta** Executive Vice President, Commercial and Business Development
- **Paul Staid** Executive Vice President, Operations
- **Arun Upadhyay** Chief Scientific Officer, Head of Research & Development
- **Mohamed Genead** Chief Medical Officer
- **Rita Johnson-Greene** Chief Financial Officer
- **Vijay B Tammara** Chief Development Officer
- **Jyothy Pillai** VP, Head of Regulatory & Quality
- **Kristen Craft** Head of People and Culture
- **Blaise Coleman** Director
- **Jesse Simmers** Board of directors
- **John Kouch** General Counsel
- **John Zhang** Director
- **Kirsten M. Castillo** Director
- **Satish Chandran** Director
- **Daniel B Jorgensen** Executive Officer i
- **Kelly B Beck** Executive Officer i
- **Rasappa B Arumugham** Executive Officer i
- **Sanjay B Subramanian** Executive Officer i

On the board, as filed i *Junge Zhang* *Kristen B Castillo* *Manish B Potti* *Prabhavathi B Fernandes* *Ramesh Kumar* *Suha B Taspolatoglu*

## 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 A** 2016 **Series B** 2017 **Round** 2026 **Debt** 2026 [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Abdi Ibrahim Dr. Bernhard Hampl EB5 Life Sciences Frank Leo John Zhang JSC Lancaster Group

## Everyone who backed them

[Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **2** rounds

[RTW Investments LLC](https://millionrounds.com/fund/rtw-investments-lp) Growth equity **2** rounds

Abdi Ibrahim no record of our own yet **1** round

Dr. Bernhard Hampl no record of our own yet **1** round

EB5 Life Sciences no record of our own yet **1** round

Frank Leo no record of our own yet **1** round

John Zhang no record of our own yet **1** round

JSC Lancaster Group 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=ocugen).

## Quick answers about Ocugen

### Who invested in Ocugen?

Ocugen's investors include Janus Henderson Investors, RTW Investments LLC, Abdi Ibrahim, Dr. Bernhard Hampl and EB5 Life Sciences, and 3 more on record.

### How much has Ocugen raised?

Ocugen has raised $151M across 4 rounds since 2016.

### When did Ocugen last raise?

Ocugen's most recent round was a Debt of $115M in May 2026.

### What was Ocugen's biggest round?

Its most recent round, $115M in May 2026, is also its largest on record.

### Who backed Ocugen first?

Ocugen's first round on record, in Dec 2016, was backed by Dr. Bernhard Hampl and EB5 Life Sciences.

### What stage is Ocugen at?

Ocugen's latest named round is a Debt, in May 2026.

### Where is Ocugen based?

Ocugen is based in the United States.

## Companies like Ocugen

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)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
