# SweetBio funding: rounds and investors

> SweetBio has raised $1.3M across 2 rounds since 2021. Investors include Korea Development Bank, Innova Memphis and Lotte Ventures. Every round with its source.

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

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

# Who invested in *SweetBio*

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.

Chemicals & Materials Food & Beverage

Funding summary Updated 26 Oct 2026

**$1.3M** raised across 2 rounds since 2021, from 2 sources

- **Latest round:** Series B, $1.3M Jul 2024
- **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.

2022 2023 2024

**?** Venture

**$1.3M** Series B

- **First round:** Venture
- **Biggest round:** $1.3M
- **Between rounds:** 2.9 years

## The rounds

- **Jul 2024** Series B **$1.3M** *2 new* [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [Lotte Ventures](https://millionrounds.com/fund/lotte-ventures) Source recorded
- **Aug 2021** Venture **Amount undisclosed** *1 new* [Innova Memphis](https://millionrounds.com/fund/innova-memphis) 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.

**Venture** 2021 **Series B** 2024 [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [Innova Memphis](https://millionrounds.com/fund/innova-memphis) [Lotte Ventures](https://millionrounds.com/fund/lotte-ventures)

## Everyone who backed them

[Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) Government **1** round

[Innova Memphis](https://millionrounds.com/fund/innova-memphis) Government **1** round

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

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

## Also claim to have backed them

These 3 firms list SweetBio as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[The JumpFund](https://millionrounds.com/fund/the-jumpfund) VC firm Per its own site

[1945 Capital](https://millionrounds.com/fund/1945-capital) Family office Per its own site

[Lotte Ventures Japan](https://millionrounds.com/fund/lotte-ventures-japan) Corporate VC Per its own site

## Quick answers about SweetBio

### Who invested in SweetBio?

SweetBio's investors include Korea Development Bank, Innova Memphis and Lotte Ventures.

### How much has SweetBio raised?

SweetBio has raised $1.3M across 2 rounds since 2021. One round did not disclose an amount, so the total is a floor.

### When did SweetBio last raise?

SweetBio's most recent round was a Series B of $1.3M in Jul 2024.

### What was SweetBio's biggest round?

Its most recent round, $1.3M in Jul 2024, is also its largest on record.

### Who backed SweetBio first?

SweetBio's first round on record, in Aug 2021, was backed by Innova Memphis.

### What stage is SweetBio at?

SweetBio's latest named round is a Series B, in Jul 2024.

### Where is SweetBio based?

SweetBio is based in the United States.

## Companies like SweetBio

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

[**Wilde** $40M · Oct 2026](https://millionrounds.com/company/wilde)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Dan-O's Seasoning** $25M · Oct 2026](https://millionrounds.com/company/dan-o-s-seasoning)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)[**Roxberry Naturals** $4.0M · Oct 2026](https://millionrounds.com/company/roxberry-naturals)[**Azulene Labs** $3.4M · Sept 2026](https://millionrounds.com/company/azulene-labs)

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