# Thermavance funding: rounds and investors

> Thermavance has raised across 1 round since 2025. Investors include Michigan Rise. Every round with its source.

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

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

# Who invested in *Thermavance*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Manufacturing

Funding summary Updated 27 Oct 2026

**Undisclosed** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture Jul 2025
- **Investors:** 1

See who backed them

## The rounds

- **Jul 2025** Venture **Amount undisclosed** [Michigan Rise](https://millionrounds.com/fund/michigan-rise) Source recorded

## Everyone who backed them

[Michigan Rise](https://millionrounds.com/fund/michigan-rise) VC firm **1** round

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

## Quick answers about Thermavance

### Who invested in Thermavance?

Thermavance's investors include Michigan Rise.

### How much has Thermavance raised?

Thermavance has raised 1 round since 2025, none with a disclosed amount.

### When did Thermavance last raise?

Thermavance's most recent round was a Venture in Jul 2025.

### Who backed Thermavance first?

Thermavance's first round on record, in Jul 2025, was backed by Michigan Rise.

### What stage is Thermavance at?

Thermavance's latest named round is a Venture, in Jul 2025.

### Where is Thermavance based?

Thermavance is based in the United States.

## Companies like Thermavance

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

[**Ayar Labs** $904M · Oct 2026](https://millionrounds.com/company/ayar-labs)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)

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