# Strand Therapeutics funding: rounds and investors

> Strand Therapeutics has raised $267M across 3 rounds since 2019. Investors include Playground Global, ANRI and IQ Capital. Every round with its source.

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

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

# Who invested in *Strand Therapeutics*

3 rounds we have observed, with the 8 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

Raised 7 months ago

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Funding summary Updated 27 Oct 2026

**$267M** raised across 3 rounds since 2019, from 3 sources

**$6.0M** Seed **$153M** Series B **$108M** Round

- **Latest round:** Round, $108M Mar 2026
- **Biggest round:** $153M Series B · Aug 2025
- **Investors:** 8 (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 2021 2022 2023 2024 2025 2026

**$6.0M** Seed

**$153M** Series B

**$108M** Round

- **First round:** Seed, $6.0M
- **Biggest round:** $153M
- **Usual gap between rounds:** 6.2 years

## The rounds

- **Mar 2026** Round **$108M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $108M sold, first sale Mar 2026
- **Aug 2025** Series B **$153M** *5 new* *2 returning* [ANRI](https://millionrounds.com/fund/anri) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) [Playground Global](https://millionrounds.com/fund/playground-global) [JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments) [FPV Ventures](https://millionrounds.com/fund/fpv-ventures) Source recorded
- **Jun 2019** Seed **$6.0M** *3 new* [Playground Global](https://millionrounds.com/fund/playground-global) Lead [ANRI](https://millionrounds.com/fund/anri) [Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria) Reported by FinSMEs SEC filing: $5.9M sold, first sale May 2019

## Founders and team

From Strand Therapeutics's own website: 2 founders, 8 on the team.

**Tasuku Kitada** President, Head of R&D, Co-founder

**Jacob Becraft** CEO, Co-Founder

- **Colleen Wilson** Chief People Officer
- **Jason Luke** Chief Medical Officer
- **Kunal Bhatia** Chief Financial Officer
- **Prashant Nambiar** Chief Scientific Officer
- **Samta Kundu** Chief Operating Officer
- **Joe Barberio** VP, Technical Operations
- **Michael Bertram** VP of Finance & Controller
- **Jeb Keiper** Independent Board Director

## 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.

**Seed** 2019 **Series B** 2025 **Round** 2026 [Playground Global](https://millionrounds.com/fund/playground-global) L [ANRI](https://millionrounds.com/fund/anri) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) [JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments) [FPV Ventures](https://millionrounds.com/fund/fpv-ventures)

## Everyone who backed them

[Playground Global](https://millionrounds.com/fund/playground-global) VC firm **2** rounds, led 1

[ANRI](https://millionrounds.com/fund/anri) VC firm **2** rounds

[IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **1** round

[Redmile Group](https://millionrounds.com/fund/redmile-group) VC firm **1** round

[Alexandria Real Estate Equities](https://millionrounds.com/fund/alexandria) VC firm **1** round

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity **1** round

[JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments) VC firm **1** round

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

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

## Quick answers about Strand Therapeutics

### Who invested in Strand Therapeutics?

Strand Therapeutics's investors include Playground Global, ANRI, IQ Capital, Redmile Group and Alexandria Real Estate Equities, and 3 more on record.

### How much has Strand Therapeutics raised?

Strand Therapeutics has raised $267M across 3 rounds since 2019.

### When did Strand Therapeutics last raise?

Strand Therapeutics's most recent round, $108M, was in Mar 2026.

### What was Strand Therapeutics's biggest round?

Strand Therapeutics's largest round on record is $153M (Series B), in Aug 2025.

### Who backed Strand Therapeutics first?

Strand Therapeutics's first round on record, in Jun 2019, was backed by Playground Global, ANRI and Alexandria Real Estate Equities.

### What stage is Strand Therapeutics at?

Strand Therapeutics's latest named round is a Series B, in Aug 2025.

### Where is Strand Therapeutics based?

Strand Therapeutics is based in the United States.

### Who led Strand Therapeutics's rounds?

Playground Global led the Seed in 2019.

## Companies like Strand Therapeutics

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