FundedIQ
Biotechnology

Circio: Funding, Investors & Team (Sep 2026)

Circio Holding ASA is a company in the clinical stage that is developing immune activators for challenging diseases. Their goal is to use vector-based technology to create a new type of circRNA medicines. They are working with Prof Michael Uhlin and his team at the Karolinska Institutet in Stockholm to develop advanced RNA therapeutics. Additionally, the company is conducting two collaborative clinical trials for a mutant RAS cancer vaccine program in the USA and Norway. They are also exploring financing options for a phase 2 study of ONCOS-102, a genetically modified oncolytic adenovirus.

www.circio.com LinkedIn Oslo, Norway 11-50 employees
Total raised
$34.0M
Rounds
3
Latest
Undisclosed round
Jun 2026

Circio has raised $34.0M across 3 funding rounds on record, the most recent an undisclosed round of $31.5M announced in Jun 2026.

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

Circio Company Profile and Key Stats

Total funding raised
$34.0M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$31.5M in Jun 2026
Employees
11-50
reported band
Headquarters
Oslo, Norway

Latest funding round on record: Jun 2026.

Circio Funding Rounds

Date
Round
Amount
Undisclosed round
$31.5M
Undisclosed round
$240k
Undisclosed round
$2.3M

Circio raised $2.3M in an undisclosed round announced in Nov 2024.

6 months later, an undisclosed round of $240k was announced in May 2025.

1.1 years later, an undisclosed round of $31.5M was announced in Jun 2026.

Circio Founders and Leadership Team

Name
Role
Contact
Erik Digman
Founder
Locked
Gustav Gaudernack
Founder

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

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Circio Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
232
$8.7M

Circio's latest round of $31.5M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Circio Funding FAQs

What does Circio do?

Circio Holding ASA is a company in the clinical stage that is developing immune activators for challenging diseases. Their goal is to use vector-based technology to create a new type of circRNA medicines. They are working with Prof Michael Uhlin and his team at the Karolinska Institutet in Stockholm to develop advanced RNA therapeutics. Additionally, the company is conducting two collaborative clinical trials for a mutant RAS cancer vaccine program in the USA and Norway. They are also exploring financing options for a phase 2 study of ONCOS-102, a genetically modified oncolytic adenovirus.

How much funding has Circio raised?

Circio has raised $34.0M across 3 rounds on record. The most recent is an undisclosed round of $31.5M announced in Jun 2026.

When did Circio last raise funding?

Circio's most recent funding round on record is an undisclosed round of $31.5M, announced in Jun 2026.

Who founded Circio?

FundedIQ lists Erik Digman (Founder), Gustav Gaudernack (Founder) at Circio.

Where is Circio headquartered?

Circio is based in Oslo, Norway.

How many employees does Circio have?

Circio is in the 11-50 employee band.

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

Circio's latest round of $31.5M 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 Circio 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 Circio is left off this page rather than filled in.

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