# Stem Pharm funding: rounds and investors

> Stem Pharm has raised $2.6M across 2 rounds since 2025. Investors include National Institutes of Health, Small Business Innovation Research and National...

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

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

# Who invested in *Stem Pharm*

2 rounds we have observed, with the 3 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.

Pharma

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$2.6M** raised across 2 rounds since 2025, from 2 sources

**$75K** Grant **$2.5M** Grant

- **Latest round:** Grant, $2.5M Sept 2026
- **Step-up i:** 33.3×
- **Investors:** 3

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

**$75K** Grant

**$2.5M** Grant

- **First round:** Grant, $75K
- **Biggest round:** $2.5M
- **Between rounds:** 19 months

## The rounds

- **Sept 2026** Grant **$2.5M** *1 new* *2 returning* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) [National Institute on Aging](https://millionrounds.com/fund/national-institute-on-aging) Source recorded
- **Feb 2025** Grant **$75K** *2 new* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) Source recorded

## 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.

**Grant** 2025 **Grant** 2026 [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) [National Institute on Aging](https://millionrounds.com/fund/national-institute-on-aging)

## Everyone who backed them

[National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **2** rounds

[Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) Government **2** rounds

[National Institute on Aging](https://millionrounds.com/fund/national-institute-on-aging) VC firm **1** round

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

## Also claim to have backed them

This firm lists Stem Pharm 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.

[Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund) Corporate VC Per its own site

## Quick answers about Stem Pharm

### Who invested in Stem Pharm?

Stem Pharm's investors include National Institutes of Health, Small Business Innovation Research and National Institute on Aging.

### How much has Stem Pharm raised?

Stem Pharm has raised $2.6M across 2 rounds since 2025.

### When did Stem Pharm last raise?

Stem Pharm's most recent round was a Grant of $2.5M in Sept 2026.

### What was Stem Pharm's biggest round?

Its most recent round, $2.5M in Sept 2026, is also its largest on record.

### Who backed Stem Pharm first?

Stem Pharm's first round on record, in Feb 2025, was backed by National Institutes of Health and Small Business Innovation Research.

### What stage is Stem Pharm at?

Stem Pharm's latest named round is a Grant, in Sept 2026.

### Where is Stem Pharm based?

Stem Pharm is based in the United States.

## Companies like Stem Pharm

In the same sector, and raised in the last eighteen months.

[**Matchpoint Therapeutics** $220M · Oct 2026](https://millionrounds.com/company/matchpoint-therapeutics)[**Rx Bandz** Oct 2026](https://millionrounds.com/company/rx-bandz)[**Hera Biotech** $1.8M · Sept 2026](https://millionrounds.com/company/hera-biotech)[**GevRx Nutraceuticals** $300K · Sept 2026](https://millionrounds.com/company/gevrx-nutraceuticals)[**RegCell** $81M · Sept 2026](https://millionrounds.com/company/regcell)[**ClearSight Therapeutics** $307K · Sept 2026](https://millionrounds.com/company/clearsight-therapeutics)

## 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