United States · Funded startup

Who invested in Palvella Therapeutics

2 rounds we have observed, with the 4 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.

BiotechHealthcare

Raised 9 months ago

Funding summaryUpdated 26 Oct 2026

$210Mraised across 2 rounds since 2018, from 2 sources

$10MRound$200MRound
Latest round
Round, $200MFeb 2026
Step-upi
20×
Investors
4
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.

2020202220242026
$10MRound$200MRound
First round
Round, $10M
Dec 2018
Biggest round
$200M
Round · Feb 2026
Between rounds
7.1 years
from the last two

The rounds

  1. Feb 2026
  2. Dec 2018
    Round$10M1 new

    Reported by FinSMEsSEC filing: $3.4M sold, first sale Mar 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.

Everyone who backed them

Samsara BioCapitalVC firm1round
Blue OwlAsset manager1round
Ligand PharmaceuticalsGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Palvella Therapeutics

Who invested in Palvella Therapeutics?

Palvella Therapeutics's investors include Adams Street Partners, Samsara BioCapital, Blue Owl and Ligand Pharmaceuticals.

How much has Palvella Therapeutics raised?

Palvella Therapeutics has raised $210M across 2 rounds since 2018.

When did Palvella Therapeutics last raise?

Palvella Therapeutics's most recent round was an Undisclosed round of $200M in Feb 2026.

What was Palvella Therapeutics's biggest round?

Its most recent round, $200M in Feb 2026, is also its largest on record.

Who backed Palvella Therapeutics first?

Palvella Therapeutics's first round on record, in Dec 2018, was backed by Ligand Pharmaceuticals.

What stage is Palvella Therapeutics at?

Palvella Therapeutics's latest named round is an Undisclosed round, in Feb 2026.

Where is Palvella Therapeutics based?

Palvella Therapeutics is based in the United States.

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