# Pelage Pharmaceuticals funding: rounds and investors

> Pelage Pharmaceuticals has raised $120M across 1 round since 2025. Investors include Google Ventures and ARCH Venture Partners. Every round with its source.

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

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

# Who invested in *Pelage Pharmaceuticals*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Healthcare

Funding summary Updated 26 Oct 2026

**$120M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series B, $120M Oct 2025
- **Investors:** 2

See who backed them

## The rounds

- **Oct 2025** Series B **$120M** [Google Ventures](https://millionrounds.com/fund/gv) [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) Source recorded SEC filing: $120M sold, first sale Sept 2025

## Everyone who backed them

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

[ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pelage-pharmaceuticals).

## Quick answers about Pelage Pharmaceuticals

### Who invested in Pelage Pharmaceuticals?

Pelage Pharmaceuticals's investors include Google Ventures and ARCH Venture Partners.

### How much has Pelage Pharmaceuticals raised?

Pelage Pharmaceuticals has raised $120M across 1 round since 2025.

### When did Pelage Pharmaceuticals last raise?

Pelage Pharmaceuticals's most recent round was a Series B of $120M in Oct 2025.

### What was Pelage Pharmaceuticals's biggest round?

Its most recent round, $120M in Oct 2025, is also its largest on record.

### Who backed Pelage Pharmaceuticals first?

Pelage Pharmaceuticals's first round on record, in Oct 2025, was backed by Google Ventures and ARCH Venture Partners.

### What stage is Pelage Pharmaceuticals at?

Pelage Pharmaceuticals's latest named round is a Series B, in Oct 2025.

### Where is Pelage Pharmaceuticals based?

Pelage Pharmaceuticals is based in the United States.

## Companies like Pelage Pharmaceuticals

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)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)

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