# Satio funding: rounds and investors

> Satio has raised $3.5M across 1 round since 2023. Investors include National Institutes of Health. Every round with its source.

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

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

# Who invested in *Satio*

One round we have observed, with the one investor 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 Medical Devices

Funding summary Updated 26 Oct 2026

**$3.5M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $3.5M Sept 2023
- **Investors:** 1

See who backed them

## The rounds

- **Sept 2023** Grant **$3.5M** [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Source recorded

## Founders and team

From Satio's own website: 1 founder, 5 on the team.

**Namal Nawana** Founder

- **Joanne Brine** VP Finance & Admin
- **Michael Moniz** VP Engineering
- **Peter Stebbins** VP Program and Business Development
- **Alexis Smith** Director of Operations
- **Mike Robbat** General Counsel

## Everyone who backed them

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **1** round

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

## Quick answers about Satio

### Who invested in Satio?

Satio's investors include National Institutes of Health.

### How much has Satio raised?

Satio has raised $3.5M across 1 round since 2023.

### When did Satio last raise?

Satio's most recent round was a Grant of $3.5M in Sept 2023.

### What was Satio's biggest round?

Its most recent round, $3.5M in Sept 2023, is also its largest on record.

### Who backed Satio first?

Satio's first round on record, in Sept 2023, was backed by National Institutes of Health.

### What stage is Satio at?

Satio's latest named round is a Grant, in Sept 2023.

### Where is Satio based?

Satio is based in the United States.

## Companies like Satio

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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