FundedIQ
Biotechnology

ADCendo: Funding, Investors & Team (Sep 2026)

ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment.

adcendo.dk LinkedIn Copenhagen, Denmark 11-50 employees
Total raised
$261M
Rounds
4
Latest
Series C
Apr 2026

ADCendo has raised $261M across 4 funding rounds on record, the most recent a Series C of $75.0M announced in Apr 2026.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

ADCendo Company Profile and Key Stats

Total funding raised
$261M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Series C
$75.0M in Apr 2026
Employees
11-50
reported band
Headquarters
Copenhagen, Denmark

Latest funding round on record: Apr 2026.

ADCendo Funding Rounds

Date
Round
Amount
Series C
$75.0M
Series B
$135M
Series A
$17.3M
Series A
$34.0M

ADCendo raised $34.0M in a Series A announced in Apr 2023.

1.1 years later, a Series A of $17.3M was announced in May 2024.

6 months later, a Series B of $135M was announced in Nov 2024.

1.4 years later, a Series C of $75.0M was announced in Apr 2026.

ADCendo Founders and Leadership Team

Name
Role
Contact
Henrik Stage
Founder
Lars H Engelholm
Founder
Locked
Michael Pehl
Founder
Locked

Contact details for the ADCendo team: 2 of 3 have an email address on file.

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ADCendo Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
371
$3.8M
1,814
$58M

ADCendo's latest round of $75.0M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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ADCendo Funding FAQs

What does ADCendo do?

ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment.

How much funding has ADCendo raised?

ADCendo has raised $261M across 4 rounds on record. The most recent is a Series C of $75.0M announced in Apr 2026.

When did ADCendo last raise funding?

ADCendo's most recent funding round on record is a Series C of $75.0M, announced in Apr 2026.

Who founded ADCendo?

FundedIQ lists Henrik Stage (Founder), Lars H Engelholm (Founder), Michael Pehl (Founder) at ADCendo.

Where is ADCendo headquartered?

ADCendo is based in Copenhagen, Hovedstaden, Denmark.

How many employees does ADCendo have?

ADCendo is in the 11-50 employee band.

How does ADCendo's funding compare to other Biotechnology startups?

ADCendo's latest round of $75.0M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's ADCendo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ADCendo is left off this page rather than filled in.

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