# Onward funding: rounds and investors > Onward has raised $122M across 7 rounds since 2019. Investors include EIC Accelerator, Matchstick Ventures and EQT Life Sciences. Every round with its source. Source: https://millionrounds.com/company/onward (Millionrounds; every figure on the page links to its filing or article) Netherlands · [Funded startup](https://millionrounds.com/companies) # Who invested in *Onward* 7 rounds we have observed, with the 14 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. Automotive & EVs Biotech Raised 7 months ago Funding summary Updated 26 Oct 2026 **$122M** raised across 7 rounds since 2019, from 8 sources **$1.5M** Seed **$2.5M** Seed **$9.7M** Series A **$500K** Seed **$58M** Round **$48M** Round **$1.9M** Grant - **Latest round:** Round, $48M Apr 2026 - **Biggest round:** $58M Round · Oct 2025 - **Investors:** 14 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. 2020 2021 2022 2023 2024 2025 2026 **$1.5M** Seed **$2.5M** Seed **$9.7M** Series A **$500K** Seed **$58M** Round **$48M** Round **$1.9M** Grant - **First round:** Seed, $1.5M - **Biggest round:** $58M - **Usual gap between rounds:** 11 months ## The rounds - **Apr 2026** Round **$48M** *2 returning* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) Source recorded - **Apr 2026** Grant **$1.9M** *1 new* [National Institute on Aging](https://millionrounds.com/fund/national-institute-on-aging) Source recorded - **Oct 2025** Round **$58M** *3 new* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Wellington Partners](https://millionrounds.com/fund/wellington-partners) [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) Source recorded - **Sept 2023** Seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded - **Oct 2022** Series A **$9.7M** *4 new* [Citibank](https://millionrounds.com/fund/citi) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [TTV Capital](https://millionrounds.com/fund/ttv-capital) Source recorded SEC filing: $9.0M sold, first sale Jul 2022 - **Aug 2022** Seed **$2.5M** *2 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [SpringTime Ventures](https://millionrounds.com/fund/springtime-ventures) Source recorded SEC filing: $9.0M sold, first sale Jul 2022 - **Jul 2019** Seed **$1.5M** *3 new* [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [Royal Street Ventures](https://millionrounds.com/fund/royal-street-ventures) [JPK Capital](https://millionrounds.com/fund/jpk-capital) Reported by TechCrunch and 1 other SEC filing: $1.5M sold, first sale Feb 2019 ## 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. **Seed** 2019 **Seed** 2022 **Series A** 2022 **Seed** 2023 **Round** 2025 **Round** 2026 **Grant** 2026 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Techstars](https://millionrounds.com/fund/techstars) [Citibank](https://millionrounds.com/fund/citi) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Wellington Partners](https://millionrounds.com/fund/wellington-partners) [TTV Capital](https://millionrounds.com/fund/ttv-capital) ## The exit Exit Buyer Price When Acquired [Google](https://millionrounds.com/fund/google-assistant-investments) undisclosed Oct 2018 From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=onward). ## Everyone who backed them [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **2** rounds [Matchstick Ventures](https://millionrounds.com/fund/matchstick-ventures) VC firm **2** rounds [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) VC firm **2** rounds [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round [Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **1** round [Wellington Partners](https://millionrounds.com/fund/wellington-partners) VC firm **1** round [TTV Capital](https://millionrounds.com/fund/ttv-capital) VC firm **1** round [SpringTime Ventures](https://millionrounds.com/fund/springtime-ventures) VC firm **1** round [National Institute on Aging](https://millionrounds.com/fund/national-institute-on-aging) VC firm **1** round [Royal Street Ventures](https://millionrounds.com/fund/royal-street-ventures) VC firm **1** round [JPK Capital](https://millionrounds.com/fund/jpk-capital) Family office **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=onward). ## Quick answers about Onward ### Who invested in Onward? Onward's investors include EIC Accelerator, Matchstick Ventures, EQT Life Sciences, Y Combinator and Techstars, and 9 more on record. ### How much has Onward raised? Onward has raised $122M across 7 rounds since 2019. ### When did Onward last raise? Onward's most recent round was a Grant of $1.9M in Apr 2026. ### What was Onward's biggest round? Onward's largest round on record is $58M (Undisclosed round), in Oct 2025. ### Who backed Onward first? Onward's first round on record, in Jul 2019, was backed by Matchstick Ventures, Royal Street Ventures and JPK Capital. ### What stage is Onward at? Onward's latest named round is a Grant, in Apr 2026. ### Where is Onward based? Onward is based in the Netherlands. ## Companies like Onward In the same sector, and raised in the last eighteen months. [**Tap Electric** $5.7M · Jun 2026](https://millionrounds.com/company/tap-electric)[**Leyden Labs** $221M · Jun 2026](https://millionrounds.com/company/leyden-labs)[**The Protein Brewery** $59M · Jun 2026](https://millionrounds.com/company/the-protein-brewery)[**New Dawn Bio** $2.6M · Jun 2026](https://millionrounds.com/company/new-dawn-bio)[**Emproof** Jun 2026](https://millionrounds.com/company/emproof)[**ProQR Therapeutics** $68M · Jun 2026](https://millionrounds.com/company/proqr-therapeutics) ## 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