# Zealand Pharma funding: rounds and investors

> Zealand Pharma has raised $100M across 1 round since 2026. Investors include Royalty Pharma. Every round with its source.

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

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

# Who invested in *Zealand Pharma*

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.

Biotech Pharma

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$100M** raised across 1 round since 2026, from 1 source

- **Latest round:** Round, $100M Aug 2026
- **Led by:** Royalty Pharma
- **Investors:** 1 (1 led)

See who backed them

## The rounds

- **Aug 2026** Round **$100M** [Royalty Pharma](https://millionrounds.com/fund/royalty-pharma) Lead Reported by Royalty Pharma

## Everyone who backed them

[Royalty Pharma](https://millionrounds.com/fund/royalty-pharma) Growth equity **1** round, led 1

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

## Also claim to have backed them

These 3 firms list Zealand Pharma as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[KurmaPartners](https://millionrounds.com/fund/kurmapartners) VC firm Per its own site

[Athyrium Capital Management](https://millionrounds.com/fund/athyrium-capital-management-lp) Private equity Per its own site

[Avoro Capital Advi...](https://millionrounds.com/fund/avoro-capital-advi) Private equity Per its own site

## Quick answers about Zealand Pharma

### Who invested in Zealand Pharma?

Zealand Pharma's investors include Royalty Pharma. Royalty Pharma led its latest round.

### How much has Zealand Pharma raised?

Zealand Pharma has raised $100M across 1 round since 2026.

### When did Zealand Pharma last raise?

Zealand Pharma's most recent round was an Undisclosed round of $100M in Aug 2026, led by Royalty Pharma.

### What was Zealand Pharma's biggest round?

Its most recent round, $100M in Aug 2026, is also its largest on record.

### Who backed Zealand Pharma first?

Zealand Pharma's first round on record, in Aug 2026, was backed by Royalty Pharma.

### What stage is Zealand Pharma at?

Zealand Pharma's latest named round is an Undisclosed round, in Aug 2026.

### Where is Zealand Pharma based?

Zealand Pharma is based in Denmark.

### Who led Zealand Pharma's rounds?

Royalty Pharma led the Undisclosed round in 2026.

## Companies like Zealand Pharma

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

[**Curasight A/S** $3.1M · Jun 2026](https://millionrounds.com/company/curasight-a-s)[**Alcolase** $2.1M · May 2026](https://millionrounds.com/company/alcolase)[**ADCendo** $210M · Apr 2026](https://millionrounds.com/company/adcendo)[**ENZIDIA** $241K · Mar 2026](https://millionrounds.com/company/enzidia)[**Mycoverse** $2.8M · Mar 2026](https://millionrounds.com/company/mycoverse)[**Galecto** $365M · Feb 2026](https://millionrounds.com/company/galecto)

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