# TARGAN funding: rounds and investors

> TARGAN has raised $65M across 2 rounds since 2022. Investors include Mountain Group Partners, NovaQuest and National Science Foundation.

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

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

# Who invested in *TARGAN*

2 rounds we have observed, with the 5 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.

Agtech Biotech Healthcare

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$65M** raised across 2 rounds since 2022, from 3 sources

**$35M** Series C **$30M** Debt

- **Latest round:** Debt, $30M Mar 2026
- **Biggest round:** $35M Series C · May 2022
- **Investors:** 5 (2 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.

2023 2024 2025 2026

**$35M** Series C

**$30M** Debt

- **First round:** Series C, $35M
- **Biggest round:** $35M
- **Between rounds:** 3.8 years

## The rounds

- **Mar 2026** Debt **$30M** *1 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Source recorded
- **May 2022** Series C **$35M** *4 new* [Mountain Group Partners](https://millionrounds.com/fund/mountain-group-partners) Lead [NovaQuest](https://millionrounds.com/fund/novaquest-capital-management) Lead [Oval Park Capital](https://millionrounds.com/fund/oval-park-capital) [Merck Animal Health](https://millionrounds.com/fund/merck-animal-health-ventures) Reported by Firms' own news pages and 1 other SEC filing: $28M sold, first sale May 2022

## Founders and team

From TARGAN's own website and the SEC filings it signed: 2 founders, 5 on the team.

**Ramin Karimpour** Founder and CEO of TARGAN *Named on its 2022 Form D*

**Mike Roberts** Founder & Owner

- **Clint Lewis** CEO of Agrofresh
- **John A. Roush** CEO of Pine Environmental Services
- **Elizabeth Ann Turpin** Executive Officer i
- **James Ford Eubanks** Executive Officer i
- **Taylor S. Barbosa** General Director

On the board, as filed i *Clinton Maher Lewis* *John Michael Roberts* *Robin S. Readnour*

## 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** 2022 **Debt** 2026 [Mountain Group Partners](https://millionrounds.com/fund/mountain-group-partners) L [NovaQuest](https://millionrounds.com/fund/novaquest-capital-management) L [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Oval Park Capital](https://millionrounds.com/fund/oval-park-capital) [Merck Animal Health](https://millionrounds.com/fund/merck-animal-health-ventures)

## Everyone who backed them

[Mountain Group Partners](https://millionrounds.com/fund/mountain-group-partners) VC firm **1** round, led 1

[NovaQuest](https://millionrounds.com/fund/novaquest-capital-management) Private equity **1** round, led 1

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Oval Park Capital](https://millionrounds.com/fund/oval-park-capital) VC firm **1** round

[Merck Animal Health](https://millionrounds.com/fund/merck-animal-health-ventures) Corporate VC **1** round

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

## Quick answers about TARGAN

### Who invested in TARGAN?

TARGAN's investors include Mountain Group Partners, NovaQuest, National Science Foundation, Oval Park Capital and Merck Animal Health.

### How much has TARGAN raised?

TARGAN has raised $65M across 2 rounds since 2022.

### When did TARGAN last raise?

TARGAN's most recent round was a Debt of $30M in Mar 2026.

### What was TARGAN's biggest round?

TARGAN's largest round on record is $35M (Series C), in May 2022, led by Mountain Group Partners.

### Who backed TARGAN first?

TARGAN's first round on record, in May 2022, was backed by Mountain Group Partners, NovaQuest and Oval Park Capital and 1 others.

### What stage is TARGAN at?

TARGAN's latest named round is a Debt, in Mar 2026.

### Where is TARGAN based?

TARGAN is based in the United States.

### Who led TARGAN's rounds?

Mountain Group Partners led the Series C in 2022.

## Companies like TARGAN

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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