FundedIQ
Biotechnology

Avstera Therapeutics: Funding, Investors & Team (Oct 2026)

A specialty oncology-focused biopharmaceutical company with a large pipeline of novel small molecules and biologics that focuses on the science underpinning tumor biology while methodologically breaking down barriers and employing cutting-edge techniques to provide cancer patients with effective treatments.

avstera.com LinkedIn Philadelphia, United States 1-10 employees
Biotechnology Health Care Medical Therapeutics
Total raised
$9.6M
Rounds
2
Latest
Undisclosed round
Oct 2023

Avstera Therapeutics has raised $9.6M across 2 funding rounds on record, the most recent an undisclosed round of $5.0M announced in Oct 2023.

That round is below the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Avstera Therapeutics Company Profile and Key Stats

Total funding raised
$9.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$5.0M in Oct 2023
Employees
1-10
reported band
Headquarters
Philadelphia, United States

Latest funding round on record: Oct 2023.

Avstera Therapeutics Funding Rounds

Date
Round
Amount
Undisclosed round
$5.0M
Seed
$4.6M

Avstera Therapeutics raised $4.6M in a Seed announced in Nov 2022.

11 months later, an undisclosed round of $5.0M was announced in Oct 2023.

Avstera Therapeutics Founders and Leadership Team

Name
Role
Contact
Ajay Raju
Founder
—
Karthik Musunuri
CEO
Locked

Contact details for the Avstera Therapeutics team: 1 of 2 have an email address on file.

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Avstera Therapeutics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.1M
30,234
$7.6M

Avstera Therapeutics' latest round of $5.0M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Avstera Therapeutics Funding FAQs

What does Avstera Therapeutics do?

A specialty oncology-focused biopharmaceutical company with a large pipeline of novel small molecules and biologics that focuses on the science underpinning tumor biology while methodologically breaking down barriers and employing cutting-edge techniques to provide cancer patients with effective treatments.

How much funding has Avstera Therapeutics raised?

Avstera Therapeutics has raised $9.6M across 2 rounds on record. The most recent is an undisclosed round of $5.0M announced in Oct 2023.

When did Avstera Therapeutics last raise funding?

Avstera Therapeutics' most recent funding round on record is an undisclosed round of $5.0M, announced in Oct 2023.

Who founded Avstera Therapeutics?

FundedIQ lists Ajay Raju (Founder) at Avstera Therapeutics.

Who is the CEO of Avstera Therapeutics?

Karthik Musunuri is listed as CEO at Avstera Therapeutics.

Where is Avstera Therapeutics headquartered?

Avstera Therapeutics is based in Philadelphia, Pennsylvania, United States.

How many employees does Avstera Therapeutics have?

Avstera Therapeutics is in the 1-10 employee band.

How does Avstera Therapeutics' funding compare to other Biotechnology startups?

Avstera Therapeutics' latest round of $5.0M is below the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Avstera Therapeutics 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 Avstera Therapeutics is left off this page rather than filled in.

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