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Biotech startup funding

Updated 23 Oct 2026

Biotech startups closed 1,390 funding rounds from October 2025 to September 2026, 6.9% of all startup rounds, and raised $31.2 billion in the rounds with a disclosed amount. Source: FundingWatcher, October 2026.

Value
1,390
Unit
funding rounds dated October 2025 to September 2026
Data as of
23 October 2026
Source
FundingWatcher, October 2026
Biotech startup funding rounds per month by region, October 2025 to September 2026United StatesEuropeChinaRest of the worldUnited States, Oct 25: 58Europe, Oct 25: 31China, Oct 25: 11Rest of the world, Oct 25: 14114Oct 25United States, Nov 25: 42Europe, Nov 25: 21China, Nov 25: 28Rest of the world, Nov 25: 17108Nov 25United States, Dec 25: 59Europe, Dec 25: 21China, Dec 25: 39Rest of the world, Dec 25: 16135Dec 25United States, Jan 26: 78Europe, Jan 26: 28China, Jan 26: 39Rest of the world, Jan 26: 10155Jan 26United States, Feb 26: 40Europe, Feb 26: 20China, Feb 26: 17Rest of the world, Feb 26: 1087Feb 26United States, Mar 26: 50Europe, Mar 26: 29China, Mar 26: 19Rest of the world, Mar 26: 16114Mar 26United States, Apr 26: 36Europe, Apr 26: 21China, Apr 26: 14Rest of the world, Apr 26: 1586Apr 26United States, May 26: 51Europe, May 26: 20China, May 26: 25Rest of the world, May 26: 13109May 26United States, Jun 26: 57Europe, Jun 26: 25China, Jun 26: 20Rest of the world, Jun 26: 15117Jun 26United States, Jul 26: 45Europe, Jul 26: 14China, Jul 26: 35Rest of the world, Jul 26: 15109Jul 26United States, Aug 26: 54Europe, Aug 26: 12China, Aug 26: 25Rest of the world, Aug 26: 13104Aug 26United States, Sep 26: 69Europe, Sep 26: 42China, Sep 26: 19Rest of the world, Sep 26: 22152Sep 26
Figure 1. Biotech startup funding rounds per month by region, October 2025 to September 2026. Source: FundingWatcher. Data as of 23 October 2026.

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Month

MonthRoundsShare of all roundsRaised
October 20251146.7%$3.8B
November 20251087.1%$2B
December 20251358.6%$2.7B
January 20261557.3%$4B
February 2026875.3%$1.5B
March 20261146.2%$1.9B
April 2026865.9%$1.7B
May 20261098.1%$2B
June 20261176.2%$3.2B
July 20261096.8%$2.1B
August 20261046.8%$2.7B
September 20261528.2%$3.6B

Table 1. Biotech startup funding, by month. Source: FundingWatcher. Data as of 23 October 2026. Base: 1,390.

Stage

StageRoundsMedian round
Pre-seed169$515K
Seed558$3.2M
Series A350$20M
Series B179$32M
Series C82$44.9M
Series D+52$55M

Table 2. Biotech startup funding, by stage. Source: FundingWatcher. Data as of 23 October 2026. Base: 1,390.

Previous values

MonthData as ofValue
October 202619 October 20261,399
September 202628 September 20261,376

Table 3. Biotech startup funding, value at each monthly update. Source: FundingWatcher. Data as of 23 October 2026.

Method: Rounds dated October 2025 to September 2026, counted from the startup file of 23 October 2026. The file keeps each company's most recent pre-seed, seed, angel or Series A to J round only, so a company that raised twice in the window counts once. Industry is the Crunchbase category group. Raised sums the rounds with a disclosed amount. Full method.

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Biotech startups closed 1,390 funding rounds from October 2025 to September 2026, 6.9% of all startup rounds, and raised $31.2 billion in the rounds with a disclosed amount. Source: FundingWatcher, October 2026.
https://fundingwatcher.com/data/biotech-startup-funding/
<a href="https://fundingwatcher.com/data/biotech-startup-funding/"><img src="https://fundingwatcher.com/static/figures/biotech-startup-funding.png" alt="Biotech startups closed 1,390 funding rounds from October 2025 to September 2026, 6.9% of all startup rounds, and raised $31.2 billion in the rounds with a disclosed amount." width="1200" style="max-width:100%;height:auto"></a>
<p>Source: <a href="https://fundingwatcher.com/data/biotech-startup-funding/">FundingWatcher</a>, October 2026</p>

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