# Trellis Bioscience funding: rounds and investors

> Trellis Bioscience has raised $37M across 5 rounds since 2007. Investors include Y Combinator, Morgenthaler Ventures and Novartis Venture Fund.

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

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

# Who invested in *Trellis Bioscience*

5 rounds we have observed, with the 7 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.

Advertising & Adtech Biotech

Raised 3 months ago

Funding summary Updated 26 Oct 2026

**$37M** raised across 5 rounds since 2007, from 6 sources

**$10M** Series B **$12M** Venture **$235K** Debt **$6.1M** Venture **$9.0M** Round

- **Latest round:** Round, $9.0M Jul 2026
- **Biggest round:** $12M Venture · Aug 2009
- **Step-up i:** 1.5×
- **Investors:** 7

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.

2007 2010 2013 2016 2019 2022 2025

**$10M** Series B

**$12M** Venture

**$235K** Debt

**$6.1M** Venture

**$9.0M** Round

- **First round:** Series B, $10M
- **Biggest round:** $12M
- **Usual gap between rounds:** 2.5 years

## The rounds

- **Jul 2026** Round **$9.0M** *1 new* [AMR Action Fund](https://millionrounds.com/fund/amr-action-fund) Reported by Firms' own news pages SEC filing: $6.1M sold
- **May 2026** Venture **$6.1M** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Filed with the SEC (Form D); no report of this raise yet and 1 other SEC filing: $6.1M sold, first sale May 2026
- **Nov 2011** Debt **$235K** No investor was named in the report. Reported by sec.gov SEC filing: $235K sold, first sale Oct 2011
- **Aug 2009** Venture **$12M** No investor was named in the report. From a historical funding record SEC filing: $12M sold, first sale Jul 2009
- **Feb 2007** Series B **$10M** *5 new* [Morgenthaler Ventures](https://millionrounds.com/fund/morgenthaler) [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) [Easton Capital](https://millionrounds.com/fund/easton-capital-investment-group) [Novartis Bioventures](https://millionrounds.com/fund/novartis-bioventures) [Pac-Link](https://millionrounds.com/fund/pac-link) Reported by deals.venturebeat.com

## 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 B** 2007 **Venture** 2009 **Debt** 2011 **Venture** 2026 **Round** 2026 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Morgenthaler Ventures](https://millionrounds.com/fund/morgenthaler) [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) [Easton Capital](https://millionrounds.com/fund/easton-capital-investment-group) [Novartis Bioventures](https://millionrounds.com/fund/novartis-bioventures) [Pac-Link](https://millionrounds.com/fund/pac-link) [AMR Action Fund](https://millionrounds.com/fund/amr-action-fund)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Morgenthaler Ventures](https://millionrounds.com/fund/morgenthaler) VC firm **1** round

[Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) Corporate VC **1** round

[Easton Capital](https://millionrounds.com/fund/easton-capital-investment-group) VC firm **1** round

[Novartis Bioventures](https://millionrounds.com/fund/novartis-bioventures) Growth equity **1** round

[Pac-Link](https://millionrounds.com/fund/pac-link) VC firm **1** round

[AMR Action Fund](https://millionrounds.com/fund/amr-action-fund) VC firm **1** round

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

## Also claim to have backed them

This firm lists Trellis Bioscience 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.

[K2X Capital](https://millionrounds.com/fund/k2x-capital) VC firm Per its own site

## Quick answers about Trellis Bioscience

### Who invested in Trellis Bioscience?

Trellis Bioscience's investors include Y Combinator, Morgenthaler Ventures, Novartis Venture Fund, Easton Capital and Novartis Bioventures, and 2 more on record.

### How much has Trellis Bioscience raised?

Trellis Bioscience has raised $37M across 5 rounds since 2007.

### When did Trellis Bioscience last raise?

Trellis Bioscience's most recent round was an Undisclosed round of $9.0M in Jul 2026.

### What was Trellis Bioscience's biggest round?

Trellis Bioscience's largest round on record is $12M (Venture), in Aug 2009.

### Who backed Trellis Bioscience first?

Trellis Bioscience's first round on record, in Feb 2007, was backed by Morgenthaler Ventures, Novartis Venture Fund and Easton Capital and 2 others.

### What stage is Trellis Bioscience at?

Trellis Bioscience's latest named round is an Undisclosed round, in Jul 2026.

### Where is Trellis Bioscience based?

Trellis Bioscience is based in the United States.

## Companies like Trellis Bioscience

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)

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