# Protego Biopharma funding: rounds and investors

> Protego Biopharma has raised $130M across 1 round since 2025. Investors include Novartis Venture Fund, Forbion Capital Partners and Lightspeed Venture Partners.

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

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

# Who invested in *Protego Biopharma*

One round we have observed, with the 10 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.

Pharma

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$130M** raised across 1 round since 2025, from 3 sources

- **Latest round:** Series B, $130M Dec 2025
- **Led by:** Novartis Venture Fund and Forbion Capital Partners
- **Investors:** 10 (2 led)

See who backed them

## The rounds

- **Dec 2025** Series B **$130M** [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) Lead [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Lead [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) [Omega Funds](https://millionrounds.com/fund/omega-funds) [Digitalis Ventures](https://millionrounds.com/fund/digitalis-ventures) [Vida Ventures](https://millionrounds.com/fund/vida-ventures) [Droia Ventures](https://millionrounds.com/fund/droia-ventures) [Scripps Research](https://millionrounds.com/fund/scripps-research) [YK Bioventures](https://millionrounds.com/fund/yk-bioventures) Reported by Firms' own news pages and 2 others SEC filing: $33M sold, first sale Oct 2025

## Everyone who backed them

[Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) Corporate VC **1** round, led 1

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

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

[MPM Capital](https://millionrounds.com/fund/mpm-bioimpact) Private equity **1** round

[Omega Funds](https://millionrounds.com/fund/omega-funds) VC firm **1** round

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

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

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

[Scripps Research](https://millionrounds.com/fund/scripps-research) VC firm **1** round

[YK Bioventures](https://millionrounds.com/fund/yk-bioventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Protego Biopharma 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.

[Vida Ventures](https://millionrounds.com/fund/vida-ventures-llc) VC firm Per its own site

## Quick answers about Protego Biopharma

### Who invested in Protego Biopharma?

Protego Biopharma's investors include Novartis Venture Fund, Forbion Capital Partners, Lightspeed Venture Partners, MPM Capital and Omega Funds, and 5 more on record. Novartis Venture Fund led its latest round.

### How much has Protego Biopharma raised?

Protego Biopharma has raised $130M across 1 round since 2025.

### When did Protego Biopharma last raise?

Protego Biopharma's most recent round was a Series B of $130M in Dec 2025, led by Novartis Venture Fund.

### What was Protego Biopharma's biggest round?

Its most recent round, $130M in Dec 2025, is also its largest on record.

### Who backed Protego Biopharma first?

Protego Biopharma's first round on record, in Dec 2025, was backed by Novartis Venture Fund, Forbion Capital Partners and Lightspeed Venture Partners and 7 others.

### What stage is Protego Biopharma at?

Protego Biopharma's latest named round is a Series B, in Dec 2025.

### Where is Protego Biopharma based?

Protego Biopharma is based in the United States.

### Who led Protego Biopharma's rounds?

Novartis Venture Fund led the Series B in 2025.

## Companies like Protego Biopharma

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

[**Matchpoint Therapeutics** $220M · Oct 2026](https://millionrounds.com/company/matchpoint-therapeutics)[**Rx Bandz** Oct 2026](https://millionrounds.com/company/rx-bandz)[**Hera Biotech** $1.8M · Sept 2026](https://millionrounds.com/company/hera-biotech)[**GevRx Nutraceuticals** $300K · Sept 2026](https://millionrounds.com/company/gevrx-nutraceuticals)[**RegCell** $81M · Sept 2026](https://millionrounds.com/company/regcell)[**ClearSight Therapeutics** $307K · Sept 2026](https://millionrounds.com/company/clearsight-therapeutics)

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