Funding round
Element Biosciences Series E
Element Biosciences, which works in sequencing platform manufacturing in San Diego, raised $175M in a Series E round announced on 9 Jun 2026, led by Samsung Electronics. 1 firm took part, 1 of them already investors. It is Element Biosciences' fifth venture round on record; the one before was a Series D in Jul 2024.
$175M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Element Biosciences did not disclose a valuation in this round; its last disclosed one was $1.03B at the Series D (Jul 2024). It came 23 months after Element Biosciences' Series D. It is 21% of the $823M Element Biosciences has raised in the venture rounds on record. No later venture round is on record for Element Biosciences.
Element Biosciences' funding rounds
Element Biosciences has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Samsung Electronics led the round. Samsung Electronics had backed Element Biosciences before.
Lead investor
- Samsung Electronics existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
5 Series E rounds in Biotechnology within a year either side disclosed an amount; the median was $50M, and this round was 3.5 times the median. The closest in time, other companies' Series E rounds in Biotechnology:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| LifeMine Biotechnology | 7 Aug 2026 | $263M | not disclosed | Milky Way Investments |
| Biotechnology | 25 Aug 2026 | $50M | not disclosed | not named |
| Biotechnology | 15 Apr 2026 | $40M | $1.00B | not named |
| Enveda Biotechnology | 23 Sep 2026 | $311M | $2.00B | Catalio Capital Management |
| Biotechnology | 8 Jan 2026 | $48M | not disclosed | ARCH Venture Partners and M Ventures |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Element Biosciences raise in its Series E round?
Element Biosciences raised $175M in its Series E round, announced in Jun 2026.
Who led Element Biosciences' Series E round?
Samsung Electronics led it.
What was Element Biosciences' valuation at the Series E round?
It was not disclosed; its last disclosed one was $1.03B at the Series D (Jul 2024).
How does it compare with other Series E rounds in Biotechnology?
5 Series E rounds in Biotechnology within a year either side disclosed an amount; the median was $50M, and this round was 3.5 times the median.