Netherlands · 
Who invested in VarmX?
VarmX's investors include EIC Accelerator, EQT Life Sciences, InnovationQuarter and BioGeneration.
2019202020212022202320242025
$8.7MSeries A$16MVenture
Netherlands · Venture startup
Who invested in VarmX
Funding summaryUpdated 26 Oct 2026
$25Mraised across 2 rounds since 2018, from 2 sources
$8.7MSeries A$16MVenture
- Latest round
- Venture, $16MFeb 2025
- Step-upi
- 1.8×
- Investors
- 4
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series A, $8.7M Jul 2018
- Biggest round
- $16M Venture · Feb 2025
- Between rounds
- 6.6 years from the last two
The rounds
- Feb 2025
- Jul 2018
Founders and team
From VarmX's own website: 6 on the team.
- John GlasspoolChief Executive Officer
- Ged ShortChief Medical Officer
- Martijn NegenChief Operating Officer
- Paul RoosChief Financial Officer
- Daniël VerhoefDirector of Research
- Jan ÖhrströmChairman
AdvisersPieter Reitsma
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.
Everyone who backed them
BioGenerationInvestment firm1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about VarmX
How much has VarmX raised?
VarmX has raised $25M across 2 rounds since 2018.
When did VarmX last raise?
VarmX's most recent round was a Venture of $16M in Feb 2025.
What was VarmX's biggest round?
Its most recent round, $16M in Feb 2025, is also its largest on record.
Who backed VarmX first?
VarmX's first round on record, in Jul 2018, was backed by InnovationQuarter and BioGeneration.
What stage is VarmX at?
VarmX's latest named round is a Venture, in Feb 2025.
Where is VarmX based?
VarmX is based in the Netherlands.
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