# Pheon Therapeutics funding: rounds and investors

> Pheon Therapeutics has raised $120M across 1 round since 2024. Investors include Lightspeed Venture Partners, Atlas Venture and Perceptive Advisors.

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

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

# Who invested in *Pheon Therapeutics*

One round we have observed, with the 5 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.

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Biotech

Funding summary Updated 27 Oct 2026

**$120M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series B, $120M May 2024
- **Investors:** 5

See who backed them

## The rounds

- **May 2024** Series B **$120M** [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Atlas Venture](https://millionrounds.com/fund/atlas-venture) [Perceptive Advisors](https://millionrounds.com/fund/perceptive-advisors) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Brandon Capital](https://millionrounds.com/fund/brandon-capital) Source recorded

## Funding filed with regulators

Pheon Therapeutics filed 4 raises, $150M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Oct 2025 **$60M** UK share allotment
- Apr 2024 **$60M** UK share allotment
- Mar 2024 **$15M** UK share allotment
- Oct 2023 **$15M** UK share allotment

## Founders and team

From Pheon Therapeutics's own website: 2 on the team.

- **Lawrence Cripe** Vice President, Business Development & Corporate Strategy
- **Myles Clancy** Vice President, Development Operations and Sciences

## Everyone who backed them

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

[Atlas Venture](https://millionrounds.com/fund/atlas-venture) VC firm **1** round

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

[Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Private equity **1** round

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

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

## Quick answers about Pheon Therapeutics

### Who invested in Pheon Therapeutics?

Pheon Therapeutics's investors include Lightspeed Venture Partners, Atlas Venture, Perceptive Advisors, Forbion Capital Partners and Brandon Capital.

### How much has Pheon Therapeutics raised?

Pheon Therapeutics has raised $120M across 1 round since 2024.

### When did Pheon Therapeutics last raise?

Pheon Therapeutics's most recent round was a Series B of $120M in May 2024.

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

Its most recent round, $120M in May 2024, is also its largest on record.

### Who backed Pheon Therapeutics first?

Pheon Therapeutics's first round on record, in May 2024, was backed by Lightspeed Venture Partners, Atlas Venture and Perceptive Advisors and 2 others.

### What stage is Pheon Therapeutics at?

Pheon Therapeutics's latest named round is a Series B, in May 2024.

### Where is Pheon Therapeutics based?

Pheon Therapeutics is based in the United Kingdom.

## Companies like Pheon Therapeutics

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

[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Bactobio** $18M · Oct 2026](https://millionrounds.com/company/bactobio)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai)

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