# Recursion funding: rounds and investors

> Recursion has raised $81M across 2 rounds since 2017. Investors include DCVC and Square 1 Bank. Every round with its source.

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

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

# Who invested in *Recursion*

2 rounds we have observed, with the 2 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

**$81M** raised across 2 rounds since 2017, from 2 sources

**$60M** Series B **$21M** Round

- **Latest round:** Round, $21M Jun 2018
- **Biggest round:** $60M Series B · Oct 2017
- **Investors:** 2 (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.

2018

**$60M** Series B

**$21M** Round

- **First round:** Series B, $60M
- **Biggest round:** $60M
- **Between rounds:** 8 months

## The rounds

- **Jun 2018** Round **$21M** *1 new* [Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Reported by FinSMEs
- **Oct 2017** Series B **$60M** *1 new* [DCVC](https://millionrounds.com/fund/data-collective) Lead Reported by TechCrunch

## Founders and team

From Recursion's own website: 2 on the team.

- **Li Chang** Chief Executive Officer
- **Richard Koss** Chief Research Officer

## 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 B** 2017 **Round** 2018 [DCVC](https://millionrounds.com/fund/data-collective) L [Square 1 Bank](https://millionrounds.com/fund/square-1-bank)

## Everyone who backed them

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round, led 1

[Square 1 Bank](https://millionrounds.com/fund/square-1-bank) Investment firm **1** round

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

## Quick answers about Recursion

### Who invested in Recursion?

Recursion's investors include DCVC and Square 1 Bank.

### How much has Recursion raised?

Recursion has raised $81M across 2 rounds since 2017.

### When did Recursion last raise?

Recursion's most recent round was an Undisclosed round of $21M in Jun 2018.

### What was Recursion's biggest round?

Recursion's largest round on record is $60M (Series B), in Oct 2017, led by DCVC.

### Who backed Recursion first?

Recursion's first round on record, in Oct 2017, was backed by DCVC.

### What stage is Recursion at?

Recursion's latest named round is an Undisclosed round, in Jun 2018.

### Where is Recursion based?

Recursion is based in the United States.

### Who led Recursion's rounds?

DCVC led the Series B in 2017.

## Companies like Recursion

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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