# Wave Life Sciences funding: rounds and investors > Wave Life Sciences has raised $434M across 3 rounds since 2015. Investors include RA Capital Management, Cormorant Asset Management and Redmile Group. Source: https://millionrounds.com/company/wave-life-sciences (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Wave Life Sciences* 3 rounds we have observed, with the 10 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. Biotech Raised 11 months ago Funding summary Updated 26 Oct 2026 **$434M** raised across 3 rounds since 2015, from 3 sources **$18M** Series A **$66M** Series B **$350M** Round - **Latest round:** Round, $350M Dec 2025 - **Step-up i:** 5.3× - **Investors:** 10 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. 2015 2017 2019 2021 2023 2025 **$18M** Series A **$66M** Series B **$350M** Round - **First round:** Series A, $18M - **Biggest round:** $350M - **Usual gap between rounds:** 10.3 years ## The rounds - **Dec 2025** Round **$350M** *1 new* *4 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Fidelity](https://millionrounds.com/fund/fidelity) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) Source recorded - **Aug 2015** Series B **$66M** *6 new* *1 returning* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) [Jennison Associates](https://millionrounds.com/fund/jennison-associates) [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) From a historical funding record - **Feb 2015** Series A **$18M** *3 new* [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [SNBL USA](https://millionrounds.com/fund/snbl-usa) Peter Kolchinsky From a historical funding record ## 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 A** 2015 **Series B** 2015 **Round** 2025 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) [Redmile Group](https://millionrounds.com/fund/redmile-group) [Foresite Capital](https://millionrounds.com/fund/forsite-capital) [Fidelity](https://millionrounds.com/fund/fidelity) [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) [Jennison Associates](https://millionrounds.com/fund/jennison-associates) [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) [SNBL USA](https://millionrounds.com/fund/snbl-usa) Peter Kolchinsky ## Everyone who backed them [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) Private equity **3** rounds [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) Private equity **2** rounds [Redmile Group](https://millionrounds.com/fund/redmile-group) VC firm **2** rounds [Foresite Capital](https://millionrounds.com/fund/forsite-capital) Private equity **2** rounds [Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round [New Leaf Venture Partners](https://millionrounds.com/fund/new-leaf-venture-partners) VC firm **1** round [Jennison Associates](https://millionrounds.com/fund/jennison-associates) Growth equity **1** round [Fidelity Management and Research Company](https://millionrounds.com/fund/fidelity-management-and-research-company) Growth equity **1** round [SNBL USA](https://millionrounds.com/fund/snbl-usa) Corporate VC **1** round Peter Kolchinsky no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=wave-life-sciences). ## Quick answers about Wave Life Sciences ### Who invested in Wave Life Sciences? Wave Life Sciences's investors include RA Capital Management, Cormorant Asset Management, Redmile Group, Foresite Capital and Fidelity, and 5 more on record. ### How much has Wave Life Sciences raised? Wave Life Sciences has raised $434M across 3 rounds since 2015. ### When did Wave Life Sciences last raise? Wave Life Sciences's most recent round was an Undisclosed round of $350M in Dec 2025. ### What was Wave Life Sciences's biggest round? Its most recent round, $350M in Dec 2025, is also its largest on record. ### Who backed Wave Life Sciences first? Wave Life Sciences's first round on record, in Feb 2015, was backed by RA Capital Management, SNBL USA and Peter Kolchinsky. ### What stage is Wave Life Sciences at? Wave Life Sciences's latest named round is an Undisclosed round, in Dec 2025. ### Where is Wave Life Sciences based? Wave Life Sciences is based in the United States. ## Companies like Wave Life Sciences In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app