Typical seed round size for biotech startups in Research Triangle

Based on 13 Form D filings by Research Triangle biotech issuers at seed stage, filed Oct 2024 – Sep 2026. Updated monthly. Change any segment to compare.

The numbers

  • Median seed raise: $2.1M
  • Middle half of rounds: $1.2M – $3.9M
  • Filings in sample: 13
  • Rounds under $1M: 15%
  • Rounds over $5M: 15%
  • Updated Sep 2026

Read this number carefully

Form D undercounts small SAFE rounds and rounds that rely on other exemptions. Treat the median as a ceiling for "typical", not a target.

Compare segments

Biotech · Seed · Boston ($4.2M)

Biotech · Seed · Bay Area ($3.8M)

Biotech · Seed · San Diego ($1.9M)

Biotech · Seed · New York ($2.5M)

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