# Biotech startup funding, July 2026: Neko Health's $700M Series C leads 12 rounds > We read 12 equity rounds in Biotech announced in July 2026, raising $1.3B between them: 6% of all the rounds we read that month and 3% of the money. Source: https://millionrounds.com/news/monthly/2026-07/sector/biotech (Millionrounds; every figure on the page links to its filing or article) Equity rounds **12** in Biotech, 12 with an amount Raised **$1.3B** across those rounds Lead named **92%** of rounds say who led Share of the month **6%** of rounds; 3% of the money ## The biggest rounds - [1 **Neko Health** Series C · Sweden · led by Lightspeed Venture Partners, O.G. Venture Partners **$700M**](https://millionrounds.com/company/neko-health) - [2 **AdvanCell** Series D · Australia · led by Ally Bridge Group, Alpha Wave **$315M**](https://millionrounds.com/company/advancell) - [3 C **Crystalys Therapeutics** Series B · led by Frazier Life Sciences **$130M**](https://millionrounds.com/company/crystalys-therapeutics) - [4 **FORE Biotherapeutics** Series D · United States · led by SR One, Medicxi **$67M**](https://millionrounds.com/company/fore-biotherapeutics) - [5 **Qureight** Series B · United Kingdom · led by Molten Ventures **$20M**](https://millionrounds.com/company/qureight) - [6 **Syntax Bio** Series A · United States **$14M**](https://millionrounds.com/company/syntax-bio) - [7 **Katalyze AI** Seed · United States · led by Bonfire Ventures **$11M**](https://millionrounds.com/company/katalyze-ai) - [8 **Cheiron** Seed · led by Menlo Ventures **$8.0M**](https://millionrounds.com/company/cheiron) - [9 **Outlier Space** Pre-seed · New Zealand · led by GD1 **$7.3M**](https://millionrounds.com/company/outlier-space) - [10 R **Reme-D** Pre-seed · Egypt · led by Anara Impact Capital **$1.4M**](https://millionrounds.com/company/reme-d) ## Day by day Equity rounds in Biotech announced each day of July. The busiest day was 15 July, with 2. 1 July 31 July ## 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-seed](https://millionrounds.com/benchmarks/pre-seed) *2* **$4.4M** this month **$2.0M** 12 months, all sectors [Seed](https://millionrounds.com/benchmarks/seed/biotech) *4* **$4.7M** this month **$6.7M** 12 months here [Series A](https://millionrounds.com/benchmarks/series-a/biotech) *1* **$14M** this month **$33M** 12 months here [Series B](https://millionrounds.com/benchmarks/series-b/biotech) *2* **$75M** this month **$55M** 12 months here [Series C](https://millionrounds.com/benchmarks/series-c) *1* **$700M** this month **$100M** 12 months, all sectors [Series D](https://millionrounds.com/benchmarks/series-d) *2* **$191M** this month **$150M** 12 months, all sectors ## Where - [United States](https://millionrounds.com/news/monthly/2026-07/united-states) **3** - [Australia](https://millionrounds.com/news/monthly/2026-07/australia) **2** - [United Kingdom](https://millionrounds.com/news/monthly/2026-07/united-kingdom) **2** - Egypt **1** - New Zealand **1** - Sweden **1** United States had the most Biotech rounds this month. ## Against the month - Rounds, Biotech **12** - Rounds, all sectors **216** - Raised, Biotech **$1.3B** - Raised, all sectors **$41B** [The whole of July 2026](https://millionrounds.com/news/monthly/2026-07) ## Other sectors in July [131 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-07/sector/ai)[36 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-07/sector/fintech)[16 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-07/sector/climate)[16 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-07/sector/energy)[16 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-07/sector/manufacturing)[15 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-07/sector/healthcare)[15 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-07/sector/cybersecurity)[15 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-07/sector/robotics)[13 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-07/sector/software)[13 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-07/sector/aerospace)[12 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-07/sector/hardware)[12 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-07/sector/construction)[12 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-07/sector/big-data) **How this roundup is made** It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)