Monthly roundup · Biotech · June 2026

Biotech startup funding, June 2026: Flourish's $500M Growth leads 23 rounds

By Millionrounds ResearchPublished 1 July 2026Updated 16 October 2026

We read 23 equity rounds in Biotech announced in June 2026, raising $2.4B between them: 9% of all the rounds we read that month and 7% of the money. The largest was Flourish's $500M Growth, led by Google Ventures and Lux Capital. The median seed round was $7.6M, against $6.7M over the last twelve months in Biotech; at Series A it was $95M. Frazier Life Sciences led the most rounds, with 2.

Equity rounds23in Biotech, 22 with an amount
Raised$2.4Bacross those rounds
Lead named100%of rounds say who led
Share of the month9%of rounds; 7% of the money

The biggest rounds

  1. 1FFlourishGrowth · United States · led by Google Ventures, Lux Capital$500M
  2. 2NewLimitSeries C · United States · led by Founders Fund$435M
  3. 3ccAMPfield Therapeutics, Inc.Series A · United States · led by Frazier Life Sciences$180M
  4. 4Element BiosciencesGrowth · United States · led by Samsung Electronics$175M
  5. 5BBionyra PharmaSeries A · France · led by Sofinnova Partners, Jeito Capital$165M
  6. 6SonoTheraSeries B · United States · led by ARCH Venture Partners, Perceptive Advisors$125M
  7. 7RRQ BioSeries A · United Kingdom · led by Frazier Life Sciences$115M
  8. 8Ethyreal BioSeries A · United States · led by Atlas Venture, Medicxi Ventures$101M
  9. 9CCity TherapeuticsSeries B · United States · led by Sofinnova Investments, Viking Global$100M
  10. 10CCollateSeries A · United States · led by Redpoint$95M

Day by day

Equity rounds in Biotech announced each day of June. The busiest day was 2 June, with 4.

1 June30 June

By stage, against the year

Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors.

Pre-seed1$4.6Mthis month$2.0M12 months, all sectors
Seed3$7.6Mthis month$6.7M12 months here
Series A9$95Mthis month$33M12 months here
Series B6$90Mthis month$55M12 months here
Series C2$260Mthis month$100M12 months, all sectors
Growth2$338Mthis month$113M12 months, all sectors

The most active leads

Firms that led two or more of the month's rounds in Biotech.

Where

United States had the most Biotech rounds this month.

Against the month

  • Rounds, Biotech23
  • Rounds, all sectors245
  • Raised, Biotech$2.4B
  • Raised, all sectors$35B

The whole of June 2026

Other sectors in June

124 roundsAI→39 roundsFintech→37 roundsHealthcare→24 roundsBig Data & Analytics→20 roundsRobotics→20 roundsEnterprise Software→16 roundsEnergy→16 roundsConstruction→15 roundsSoftware→12 roundsFinancial Services→11 roundsHardware & Electronics→11 roundsDefence Tech→11 roundsAerospace & Space→11 roundsMedical Devices→11 roundsLogistics→10 roundsManufacturing→