# Orchard Therapeutics funding: rounds and investors

> Orchard Therapeutics has raised $377M across 7 rounds since 2018. Investors include RA Capital Management, Temasek Holdings and Cowen Group.

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

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

# Who invested in *Orchard Therapeutics*

7 rounds we have observed, with the 22 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 Genomics Healthcare

Funding summary Updated 26 Oct 2026

**$377M** raised across 7 rounds since 2018, from 7 sources

**$150M** Series C **$671K** Round **$4.0M** Round **$148K** Round **$134K** Round **$34M** Round **$188M** Round

- **Latest round:** Round, $188M Mar 2023
- **Led by:** RA Capital Management
- **Step-up i:** 5.5×
- **Investors:** 22 (1 led)

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.

2019 2020 2021 2022 2023

**$150M** Series C

**$671K** Round

**$4.0M** Round

**$148K** Round

**$134K** Round

**$34M** Round

**$188M** Round

- **First round:** Series C, $150M
- **Biggest round:** $188M
- **Usual gap between rounds:** 7 months

## The rounds

- **Mar 2023** Round **$188M** *3 new* *2 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Lead [Cowen Group](https://millionrounds.com/fund/cowen-healthcare-investments) [Deep Track Capital](https://millionrounds.com/fund/deep-track-capital) [Woodline Partners](https://millionrounds.com/fund/woodline-partners) [Zentree Investments Ltd](https://millionrounds.com/fund/zentree-investments-ltd) Reported by UCL Technology Fund SEC filing: $34M sold, first sale Mar 2023
- **Mar 2023** Round **$34M** *4 new* *1 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) Source recorded SEC filing: $34M sold, first sale Mar 2023
- **Jun 2022** Round **$134K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2021** Round **$148K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2021** Round **$4.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2021** Round **$671K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet SEC filing: $150M sold, first sale Feb 2021
- **Aug 2018** Series C **$150M** *15 new* [Venrock](https://millionrounds.com/fund/venrock) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) [Cormorant Capital](https://millionrounds.com/fund/cormorant-capital) [ArrowMark Partners](https://millionrounds.com/fund/arrowmark-partners) [Foresite](https://millionrounds.com/fund/foresite) [Cowen Group](https://millionrounds.com/fund/cowen-healthcare-investments) [Perceptive Ventures](https://millionrounds.com/fund/perceptive-ventures) Agent Deerfield Management/ RA Driehaus Ghost Tree Medison RTW Sphera Global Reported by FinSMEs

## Funding filed with regulators

Orchard Therapeutics filed 8 raises, $402M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2024 **$132M** UK share allotment
- Mar 2023 **$24M** UK share allotment
- Feb 2023 **$242M** UK share allotment
- Jun 2022 **$134K** UK share allotment
- Dec 2021 **$148K** UK share allotment
- Sept 2021 **$4.0M** UK share allotment
- May 2021 **$457K** UK share allotment
- Mar 2021 **$214K** UK share allotment

## 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 C** 2018 **Round** 2021 **Round** 2021 **Round** 2021 **Round** 2022 **Round** 2023 **Round** 2023 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) L [Temasek Holdings](https://millionrounds.com/fund/temasek) [Cowen Group](https://millionrounds.com/fund/cowen-healthcare-investments) [Venrock](https://millionrounds.com/fund/venrock) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) [Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) [Cormorant Capital](https://millionrounds.com/fund/cormorant-capital) [ArrowMark Partners](https://millionrounds.com/fund/arrowmark-partners)

## Everyone who backed them

[RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **2** rounds, led 1

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **2** rounds

[Cowen Group](https://millionrounds.com/fund/cowen-healthcare-investments) Growth equity **2** rounds

[Venrock](https://millionrounds.com/fund/venrock) VC firm **1** round

[Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) Asset manager **1** round

[Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **1** round

[Foresite Capital](https://millionrounds.com/fund/forsite-capital) Private equity **1** round

[Baillie Gifford](https://millionrounds.com/fund/baillie-gifford) Asset manager **1** round

[Cormorant Capital](https://millionrounds.com/fund/cormorant-capital) VC firm **1** round

[ArrowMark Partners](https://millionrounds.com/fund/arrowmark-partners) Private equity **1** round

[Foresite](https://millionrounds.com/fund/foresite) VC firm **1** round

[Perceptive Ventures](https://millionrounds.com/fund/perceptive-ventures) VC firm **1** round

[Deep Track Capital](https://millionrounds.com/fund/deep-track-capital) Private equity **1** round

[Woodline Partners](https://millionrounds.com/fund/woodline-partners) Private equity **1** round

[Zentree Investments Ltd](https://millionrounds.com/fund/zentree-investments-ltd) Investment firm **1** round

Agent no record of our own yet **1** round

Deerfield Management/ RA no record of our own yet **1** round

Driehaus no record of our own yet **1** round

Ghost Tree no record of our own yet **1** round

Medison no record of our own yet **1** round

RTW no record of our own yet **1** round

Sphera Global 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=orchard-therapeutics).

## Quick answers about Orchard Therapeutics

### Who invested in Orchard Therapeutics?

Orchard Therapeutics's investors include RA Capital Management, Temasek Holdings, Cowen Group, Venrock and Perceptive Advisors, and 17 more on record. RA Capital Management led its latest round.

### How much has Orchard Therapeutics raised?

Orchard Therapeutics has raised $377M across 7 rounds since 2018.

### When did Orchard Therapeutics last raise?

Orchard Therapeutics's most recent round was an Undisclosed round of $188M in Mar 2023, led by RA Capital Management.

### What was Orchard Therapeutics's biggest round?

Its most recent round, $188M in Mar 2023, is also its largest on record.

### Who backed Orchard Therapeutics first?

Orchard Therapeutics's first round on record, in Aug 2018, was backed by Venrock, Temasek Holdings and Baillie Gifford and 12 others.

### What stage is Orchard Therapeutics at?

Orchard Therapeutics's latest named round is an Undisclosed round, in Mar 2023.

### Where is Orchard Therapeutics based?

Orchard Therapeutics is based in the United Kingdom.

### Who led Orchard Therapeutics's rounds?

RA Capital Management led the Undisclosed round in 2023.

## Companies like Orchard Therapeutics

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

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