# Biotech startup funding, August 2026: AusperBio Therapeutics's $120M Series C leads 11 rounds

> We read 11 equity rounds in Biotech announced in August 2026, raising $467M between them: 5% of all the rounds we read that month and 2% of the money.

Source: https://millionrounds.com/news/monthly/2026-08/sector/biotech (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **11** in Biotech, 10 with an amount

Raised **$467M** across those rounds

Lead named **73%** of rounds say who led

Share of the month **5%** of rounds; 2% of the money

## The biggest rounds

- [1 A **AusperBio Therapeutics** Series C · United States · led by Harbert Growth Partners **$120M**](https://millionrounds.com/company/ausperbio-therapeutics)
- [2 **Infinimmune** Series A · United States · led by Playground Global, Regeneron Ventures **$75M**](https://millionrounds.com/company/infinimmune)
- [3 **Redx Pharma** Series A · United Kingdom **$59M**](https://millionrounds.com/company/redx-pharma)
- [4 K **Khartis Therapeutics** Series B · United States · led by Forge Life Science Partners **$50M**](https://millionrounds.com/company/khartis-therapeutics)
- [5 **Adaptyv** Series A · United Kingdom · led by Highland Europe **$40M**](https://millionrounds.com/company/adaptyv)
- [6 A **Adapyv Bio** Series A · Switzerland · led by Highland Europe **$40M**](https://millionrounds.com/company/adapyv-bio)
- [7 C **Craif** Series D · Japan · led by Granite-Integral, Tauns Co **$33M**](https://millionrounds.com/company/craif)
- [8 **Dash Bio** Series A · United States · led by Oak HC/FT **$30M**](https://millionrounds.com/company/dash-bio)
- [9 N **Nybro** Seed · Australia **$14M**](https://millionrounds.com/company/nybro)
- [10 I **Immunobiota Therapeutics** Seed · Australia **$5.0M**](https://millionrounds.com/company/immunobiota-therapeutics)

## Day by day

Equity rounds in Biotech announced each day of August. The busiest day was 27 August, with 3.

1 August 31 August

## 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.

[Seed](https://millionrounds.com/benchmarks/seed/biotech) *3* **$9.6M** this month **$6.7M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/biotech) *5* **$40M** this month **$33M** 12 months here

[Series B](https://millionrounds.com/benchmarks/series-b/biotech) *1* **$50M** this month **$55M** 12 months here

[Series C](https://millionrounds.com/benchmarks/series-c) *1* **$120M** this month **$100M** 12 months, all sectors

[Series D](https://millionrounds.com/benchmarks/series-d) *1* **$33M** this month **$150M** 12 months, all sectors

## The most active leads

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

- [**Highland Europe** Adaptyv, Adapyv Bio *2 led*](https://millionrounds.com/fund/highland-europe)

## Where

- [United States](https://millionrounds.com/news/monthly/2026-08/united-states) **4**
- [Australia](https://millionrounds.com/news/monthly/2026-08/australia) **2**
- [United Kingdom](https://millionrounds.com/news/monthly/2026-08/united-kingdom) **2**
- Switzerland **1**
- Japan **1**
- Vietnam **1**

United States had the most Biotech rounds this month.

## Against the month

- Rounds, Biotech **11**
- Rounds, all sectors **220**
- Raised, Biotech **$467M**
- Raised, all sectors **$25B**

[The whole of August 2026](https://millionrounds.com/news/monthly/2026-08)

## Other sectors in August

[117 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-08/sector/ai)[32 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/fintech)[24 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/robotics)[21 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-08/sector/construction)[18 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-08/sector/healthcare)[18 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/software)[17 rounds **Energy** *→*](https://millionrounds.com/news/monthly/2026-08/sector/energy)[14 rounds **Logistics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/logistics)[14 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-08/sector/big-data)[13 rounds **Defence Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/defensetech)[12 rounds **Enterprise Software** *→*](https://millionrounds.com/news/monthly/2026-08/sector/enterprise-software)[12 rounds **Cloud** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cloud)[11 rounds **Cleantech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cleantech)[11 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-08/sector/cybersecurity)[10 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-08/sector/climate)

**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)
