# Spine BioPharma funding: rounds and investors > Spine BioPharma has raised $14M across 2 rounds since 2024. Investors include Vulcan Capital and Cercano Management. Every round with its source. Source: https://millionrounds.com/company/spine-biopharma (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Spine BioPharma* 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 Raised 5 months ago Funding summary Updated 26 Oct 2026 **$14M** raised across 2 rounds since 2024, from 2 sources **$14M** Venture **$385K** Round - **Latest round:** Round, $385K Jun 2026 - **Biggest round:** $14M Venture · Dec 2024 - **Investors:** 2 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. 2025 2026 **$14M** Venture **$385K** Round - **First round:** Venture, $14M - **Biggest round:** $14M - **Between rounds:** 18 months ## The rounds - **Jun 2026** Round **$385K** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $385K sold, first sale Jun 2026 - **Dec 2024** Venture **$14M** *2 new* [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [Cercano Management](https://millionrounds.com/fund/cercano-management) Source recorded SEC filing: $14M sold, first sale Sept 2024 ## 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. **Venture** 2024 **Round** 2026 [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) [Cercano Management](https://millionrounds.com/fund/cercano-management) ## Everyone who backed them [Vulcan Capital](https://millionrounds.com/fund/vulcan-capital) Family office **1** round [Cercano Management](https://millionrounds.com/fund/cercano-management) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=spine-biopharma). ## Also claim to have backed them This firm lists Spine 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. [Pak Ventures](https://millionrounds.com/fund/pak-ventures) VC firm Per its own site ## Quick answers about Spine BioPharma ### Who invested in Spine BioPharma? Spine BioPharma's investors include Vulcan Capital and Cercano Management. ### How much has Spine BioPharma raised? Spine BioPharma has raised $14M across 2 rounds since 2024. ### When did Spine BioPharma last raise? Spine BioPharma's most recent round, $385K, was in Jun 2026. ### What was Spine BioPharma's biggest round? Spine BioPharma's largest round on record is $14M (Venture), in Dec 2024. ### Who backed Spine BioPharma first? Spine BioPharma's first round on record, in Dec 2024, was backed by Vulcan Capital and Cercano Management. ### What stage is Spine BioPharma at? Spine BioPharma's latest named round is a Venture, in Dec 2024. ### Where is Spine BioPharma based? Spine BioPharma is based in the United States. ## Companies like Spine BioPharma 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