# Passage Bio funding: rounds and investors

> Passage Bio has raised $380M across 3 rounds since 2019. Investors include Versant Ventures, OrbiMed and Vivo Capital. Every round with its source.

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

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

# Who invested in *Passage Bio*

3 rounds we have observed, with the 12 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

Funding summary Updated 26 Oct 2026

**$380M** raised across 3 rounds since 2019, from 3 sources

**$116M** Series A **$110M** Series B **$154M** Round

- **Latest round:** Round, $154M Jan 2021
- **Step-up i:** 1.4×
- **Investors:** 12 (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

**$116M** Series A

**$110M** Series B

**$154M** Round

- **First round:** Series A, $116M
- **Biggest round:** $154M
- **Usual gap between rounds:** 16 months

## The rounds

- **Jan 2021** Round **$154M** *1 new* *3 returning* [OrbiMed](https://millionrounds.com/fund/orbimed) [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) Source recorded
- **Sept 2019** Series B **$110M** *6 new* *1 returning* [Access Industries](https://millionrounds.com/fund/access-industries) Lead [OrbiMed](https://millionrounds.com/fund/orbimed) [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) Lily Asia Ventures Reported by Endpts
- **Feb 2019** Series A **$116M** *5 new* [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [Lily Asia](https://millionrounds.com/fund/lily-asia) New Leaf OrbiMed Advisors/ Frazier Healthcare Vivo Reported by Biocentury

## 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** 2019 **Series B** 2019 **Round** 2021 [Versant Ventures](https://millionrounds.com/fund/versant-ventures) [OrbiMed](https://millionrounds.com/fund/orbimed) [Vivo Capital](https://millionrounds.com/fund/vivo-capital) [Access Industries](https://millionrounds.com/fund/access-industries) L [Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) [Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) [Lily Asia](https://millionrounds.com/fund/lily-asia) Lily Asia Ventures New Leaf

## Everyone who backed them

[Versant Ventures](https://millionrounds.com/fund/versant-ventures) VC firm **3** rounds

[OrbiMed](https://millionrounds.com/fund/orbimed) Private equity **2** rounds

[Vivo Capital](https://millionrounds.com/fund/vivo-capital) Private equity **2** rounds

[Access Industries](https://millionrounds.com/fund/access-industries) Corporate VC **1** round, led 1

[Lilly Asia Ventures](https://millionrounds.com/fund/lilly-asia-ventures) VC firm **1** round

[New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) VC firm **1** round

[Frazier Healthcare Partners](https://millionrounds.com/fund/frazier-healthcare-partners) Private equity **1** round

[Lily Asia](https://millionrounds.com/fund/lily-asia) Investment firm **1** round

Lily Asia Ventures no record of our own yet **1** round

New Leaf no record of our own yet **1** round

OrbiMed Advisors/ Frazier Healthcare no record of our own yet **1** round

Vivo 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=passage-bio).

## Also claim to have backed them

This firm lists Passage 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.

[Frazier Life Sciences](https://millionrounds.com/fund/frazier-life-sciences) VC firm Per its own site

## Quick answers about Passage Bio

### Who invested in Passage Bio?

Passage Bio's investors include Versant Ventures, OrbiMed, Vivo Capital, Access Industries and Lilly Asia Ventures, and 7 more on record.

### How much has Passage Bio raised?

Passage Bio has raised $380M across 3 rounds since 2019.

### When did Passage Bio last raise?

Passage Bio's most recent round was an Undisclosed round of $154M in Jan 2021.

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

Its most recent round, $154M in Jan 2021, is also its largest on record.

### Who backed Passage Bio first?

Passage Bio's first round on record, in Feb 2019, was backed by Versant Ventures, Lily Asia and New Leaf and 2 others.

### What stage is Passage Bio at?

Passage Bio's latest named round is an Undisclosed round, in Jan 2021.

### Where is Passage Bio based?

Passage Bio is based in the United States.

### Who led Passage Bio's rounds?

Access Industries led the Series B in 2019.

## Companies like Passage Bio

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)

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