# Ri Bio funding: rounds and investors

> Ri Bio has raised $4K across 1 round since 2024. Investors include Economic Development Administation and U.S. Department of Commerce.

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

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

# Who invested in *Ri Bio*

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.

Biotech

Funding summary Updated 26 Oct 2026

**$4K** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $4K Aug 2024
- **Investors:** 2

See who backed them

## The rounds

- **Aug 2024** Grant **$4K** [Economic Development Administation](https://millionrounds.com/fund/economic-development-administation) [U.S. Department of Commerce](https://millionrounds.com/fund/u-s-department-of-commerce) Source recorded

## Founders and team

From Ri Bio's own website: 2 founders, 5 on the team.

**Brian Morley** Founder, Emerge Health RI, Providence, RI

**Life Sciences Entrepreneur** Co-Founder/CSO, Hot Spot Therapeutics, Cambridge, MA

- **Jeff Vallerga** Vice President, Business Development, BIO Business Solutions
- **Elizabeth Atalay** Social Media Director
- **Glenn Robertelli** Executive Director
- **Kristie Stark** Creative/Art Director
- **Martha Langer** Biotech Boot Camp Training Director

## Everyone who backed them

[Economic Development Administation](https://millionrounds.com/fund/economic-development-administation) Investment firm **1** round

[U.S. Department of Commerce](https://millionrounds.com/fund/u-s-department-of-commerce) Government **1** round

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

## Quick answers about Ri Bio

### Who invested in Ri Bio?

Ri Bio's investors include Economic Development Administation and U.S. Department of Commerce.

### How much has Ri Bio raised?

Ri Bio has raised $4K across 1 round since 2024.

### When did Ri Bio last raise?

Ri Bio's most recent round was a Grant of $4K in Aug 2024.

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

Its most recent round, $4K in Aug 2024, is also its largest on record.

### Who backed Ri Bio first?

Ri Bio's first round on record, in Aug 2024, was backed by Economic Development Administation and U.S. Department of Commerce.

### What stage is Ri Bio at?

Ri Bio's latest named round is a Grant, in Aug 2024.

### Where is Ri Bio based?

Ri Bio is based in the United States.

## Companies like Ri 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)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app