# SQZ Biotechnologies funding: rounds and investors

> SQZ Biotechnologies has raised $137M across 2 rounds since 2018. Investors include Google Ventures, Invus and Nano Dimension. Every round with its source.

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

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

# Who invested in *SQZ Biotechnologies*

2 rounds we have observed, with the 15 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

**$137M** raised across 2 rounds since 2018, from 2 sources

**$72M** Series C **$65M** Series D

- **Latest round:** Series D, $65M May 2020
- **Led by:** Temasek Holdings
- **Biggest round:** $72M Series C · Aug 2018
- **Investors:** 15 (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.

2019 2020

**$72M** Series C

**$65M** Series D

- **First round:** Series C, $72M
- **Biggest round:** $72M
- **Between rounds:** 21 months

## The rounds

- **May 2020** Series D **$65M** *4 new* *3 returning* [Temasek Holdings](https://millionrounds.com/fund/temasek) Lead [Google Ventures](https://millionrounds.com/fund/gv) [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [Invus](https://millionrounds.com/fund/invus) [Illumina Ventures](https://millionrounds.com/fund/illumina-ventures) [Nano Dimension](https://millionrounds.com/fund/nanodimension) [T1D Fund](https://millionrounds.com/fund/t1d-fund) Reported by Firms' own news pages SEC filing: $66M sold, first sale Dec 2019
- **Aug 2018** Series C **$72M** *11 new* [Google Ventures](https://millionrounds.com/fund/gv) [Invus](https://millionrounds.com/fund/invus) [Nano Dimension](https://millionrounds.com/fund/nanodimension) [Goldbell Group](https://millionrounds.com/fund/polaris) [Illumina](https://millionrounds.com/fund/illumina) [EverBlue Ventures](https://millionrounds.com/fund/everblue-ventures) [JDRF T1D](https://millionrounds.com/fund/jdrf-t1d) [Orient Life](https://millionrounds.com/fund/orient-life) [Viva Ventures](https://millionrounds.com/fund/viva-ventures) Bridger Healthcare Partners Global Health Science Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 1 founder, 6 on the team.

**Armon Sharei** Founder, CEO & President *Named on its 2020 Form D* i

- **David W. First** Chief People Officer i
- **Alexandra W. Balcom** Treasurer i
- **Howard W. Bernstein** Executive Officer i
- **Lawrence W. Knopf** Secretary and General Counsel i
- **Oliver W. Rosen** Executive Officer i
- **Teri W. Loxam** Executive Officer i

On the board, as filed i *Amy W. Schulman* *Eric W. Moessinger* *Jonathan Fleming* *Klavs F. Jensen* *Marc W. Elia* *Pushkal W. Garg* *Zafrira W. Avnur*

## 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 C** 2018 **Series D** 2020 [Google Ventures](https://millionrounds.com/fund/gv) [Invus](https://millionrounds.com/fund/invus) [Nano Dimension](https://millionrounds.com/fund/nanodimension) [Temasek Holdings](https://millionrounds.com/fund/temasek) L [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [Illumina Ventures](https://millionrounds.com/fund/illumina-ventures) [Goldbell Group](https://millionrounds.com/fund/polaris) [Illumina](https://millionrounds.com/fund/illumina) [T1D Fund](https://millionrounds.com/fund/t1d-fund) [EverBlue Ventures](https://millionrounds.com/fund/everblue-ventures)

## Everyone who backed them

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **2** rounds

[Invus](https://millionrounds.com/fund/invus) Private equity **2** rounds

[Nano Dimension](https://millionrounds.com/fund/nanodimension) Growth equity **2** rounds

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round, led 1

[Polaris Partners](https://millionrounds.com/fund/polaris-partners) VC firm **1** round

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

[Goldbell Group](https://millionrounds.com/fund/polaris) Growth equity **1** round

[Illumina](https://millionrounds.com/fund/illumina) Company **1** round

[T1D Fund](https://millionrounds.com/fund/t1d-fund) Corporate VC **1** round

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

[JDRF T1D](https://millionrounds.com/fund/jdrf-t1d) Growth equity **1** round

[Orient Life](https://millionrounds.com/fund/orient-life) VC firm **1** round

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

Bridger Healthcare Partners no record of our own yet **1** round

Global Health Science no record of our own yet **1** round

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

## Quick answers about SQZ Biotechnologies

### Who invested in SQZ Biotechnologies?

SQZ Biotechnologies's investors include Google Ventures, Invus, Nano Dimension, Temasek Holdings and Polaris Partners, and 10 more on record. Temasek Holdings led its latest round.

### How much has SQZ Biotechnologies raised?

SQZ Biotechnologies has raised $137M across 2 rounds since 2018.

### When did SQZ Biotechnologies last raise?

SQZ Biotechnologies's most recent round was a Series D of $65M in May 2020, led by Temasek Holdings.

### What was SQZ Biotechnologies's biggest round?

SQZ Biotechnologies's largest round on record is $72M (Series C), in Aug 2018.

### Who backed SQZ Biotechnologies first?

SQZ Biotechnologies's first round on record, in Aug 2018, was backed by Google Ventures, Invus and Nano Dimension and 8 others.

### What stage is SQZ Biotechnologies at?

SQZ Biotechnologies's latest named round is a Series D, in May 2020.

### Where is SQZ Biotechnologies based?

SQZ Biotechnologies is based in the United States.

### Who led SQZ Biotechnologies's rounds?

Temasek Holdings led the Series D in 2020.

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