FundedIQ
Biotechnology

Beta Bionics: Funding, Investors & Team (Oct 2026)

Beta Bionics is a biotechnology company that develops an integrated bionic pancreas system called the iLet. The iLet Bionic Pancreas System was granted breakthrough designation in all configurations (insulin-only, glucagon-only, and bihormonal), including use with Zealand Pharma’s dasiglucagon, a glucagon analog with a unique stability profile in a ready-to-use aqueous solution. It also offers a bionic pancreas device for glucose metabolism to the diabetes community. Beta Bionics was founded in 2015 and is based in Boston, Massachusetts, United States.

www.betabionics.com LinkedIn Boston, United States 101-250 employees
Biotechnology Diabetes Medical Device
Total raised
$117M
Rounds
2
Latest
Series E
Nov 2024

Beta Bionics has raised $117M across 2 funding rounds on record, the most recent a Series E of $60.0M announced in Nov 2024.

That round is above the $8.4M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Beta Bionics Company Profile and Key Stats

Total funding raised
$117M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series E
$60.0M in Nov 2024
Employees
101-250
reported band
Headquarters
Boston, United States

Latest funding round on record: Nov 2024.

Beta Bionics Funding Rounds

Date
Round
Amount
Series E
$60.0M
Series C
$57.0M

Beta Bionics raised $57.0M in a Series C announced in Feb 2022.

2.8 years later, a Series E of $60.0M was announced in Nov 2024.

Beta Bionics Founders and Leadership Team

Name
Role
Contact
Sean Saint
Founder
Locked
Ed Damiano
CEO
Locked

Contact details for the Beta Bionics team: 2 of 2 have an email address on file.

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Beta Bionics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.4M
30,319
$7.7M
277
$100M

Beta Bionics' latest round of $60.0M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Beta Bionics Funding FAQs

What does Beta Bionics do?

Beta Bionics is a biotechnology company that develops an integrated bionic pancreas system called the iLet. The iLet Bionic Pancreas System was granted breakthrough designation in all configurations (insulin-only, glucagon-only, and bihormonal), including use with Zealand Pharma’s dasiglucagon, a glucagon analog with a unique stability profile in a ready-to-use aqueous solution. It also offers a bionic pancreas device for glucose metabolism to the diabetes community. Beta Bionics was founded in 2015 and is based in Boston, Massachusetts, United States.

How much funding has Beta Bionics raised?

Beta Bionics has raised $117M across 2 rounds on record. The most recent is a Series E of $60.0M announced in Nov 2024.

When did Beta Bionics last raise funding?

Beta Bionics' most recent funding round on record is a Series E of $60.0M, announced in Nov 2024.

Who founded Beta Bionics?

FundedIQ lists Sean Saint (Founder) at Beta Bionics.

Who is the CEO of Beta Bionics?

Ed Damiano is listed as CEO at Beta Bionics.

Where is Beta Bionics headquartered?

Beta Bionics is based in Boston, Massachusetts, United States.

How many employees does Beta Bionics have?

Beta Bionics is in the 101-250 employee band.

How does Beta Bionics' funding compare to other Biotechnology startups?

Beta Bionics' latest round of $60.0M is above the $8.4M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Beta Bionics 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 Beta Bionics is left off this page rather than filled in.

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