FundedIQ
Biotechnology

Noveome Biotherapeutics: Funding, Investors & Team (Aug 2026)

Noveome Biotherapeutics, Inc. is an advanced biopharmaceutical company that focuses on groundbreaking therapies for the regrowth and repair of damaged or inflamed tissues. Originally established as Stemnion, Inc., the company is situated in the bustling center of Pittsburgh near the Southside Works area. Noveome is dedicated to expanding its presence in Allegheny County and contributing to the region's position as a global leader in biotherapeutic research and development. Noveome Biotherapeutics, Inc. is an innovative biopharmaceutical firm actively engaged in developing a cutting-edge technology that revolutionizes the field of drug development. Dissimilar to conventional drugs which target specific conditions using individual molecules, Noveome's product is a complex combination of biomolecules with potential to effectively treat a broad spectrum of ailments and injuries. Noveome collaborates with renowned research institutions to advance these therapeutic applications.

noveome.com LinkedIn Pittsburgh, United States 11-50 employees Founded 2000
Biotechnology Clinical Trials Health Care Life Science
Total raised
$27.4M
Rounds
2
Latest
Convertible Note
Aug 2026

Noveome Biotherapeutics has raised $27.4M across 2 funding rounds on record, the most recent a Convertible Note of $6.8M announced in Aug 2026.

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

Noveome Biotherapeutics Company Profile and Key Stats

Total funding raised
$27.4M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Convertible Note
$6.8M in Aug 2026
Employees
11-50
reported band
Founded
2000
Headquarters
Pittsburgh, United States
Investors on record
2
2 named below

Latest funding round on record: Aug 2026.

Noveome Biotherapeutics Funding Rounds

Date
Round
Amount
Convertible Note
$6.8M
Series E
$20.7M

Noveome Biotherapeutics raised $20.7M in a Series E announced in Aug 2023.

3 years later, a Convertible Note of $6.8M was announced in Aug 2026.

Noveome Biotherapeutics Investors

MAK Capital Government of Pennsylvania

Noveome Biotherapeutics Founders and Leadership Team

Name
Role
Contact
Gretchen Kraemer
Founder
Locked
Larry Brown
Executive Vice President and Chief Scientific Officer
Locked
Brandon Biter
Associate Chief Financial Officer
Locked

Contact details for the Noveome Biotherapeutics team: 3 of 3 have an email address on file, 2 have a LinkedIn profile.

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Noveome Biotherapeutics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
29,722
$7.5M

Noveome Biotherapeutics' latest round of $6.8M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Noveome Biotherapeutics Funding FAQs

What does Noveome Biotherapeutics do?

Noveome Biotherapeutics, Inc. is an advanced biopharmaceutical company that focuses on groundbreaking therapies for the regrowth and repair of damaged or inflamed tissues. Originally established as Stemnion, Inc., the company is situated in the bustling center of Pittsburgh near the Southside Works area. Noveome is dedicated to expanding its presence in Allegheny County and contributing to the region's position as a global leader in biotherapeutic research and development. Noveome Biotherapeutics, Inc. is an innovative biopharmaceutical firm actively engaged in developing a cutting-edge technology that revolutionizes the field of drug development. Dissimilar to conventional drugs which target specific conditions using individual molecules, Noveome's product is a complex combination of biomolecules with potential to effectively treat a broad spectrum of ailments and injuries. Noveome collaborates with renowned research institutions to advance these therapeutic applications.

How much funding has Noveome Biotherapeutics raised?

Noveome Biotherapeutics has raised $27.4M across 2 rounds on record. The most recent is a Convertible Note of $6.8M announced in Aug 2026.

When did Noveome Biotherapeutics last raise funding?

Noveome Biotherapeutics' most recent funding round on record is a Convertible Note of $6.8M, announced in Aug 2026.

Who has invested in Noveome Biotherapeutics?

Investors on record for Noveome Biotherapeutics include MAK Capital, Government of Pennsylvania.

Who founded Noveome Biotherapeutics?

FundedIQ lists Gretchen Kraemer (Founder) at Noveome Biotherapeutics.

Where is Noveome Biotherapeutics headquartered?

Noveome Biotherapeutics is based in Pittsburgh, Pennsylvania, United States.

How many employees does Noveome Biotherapeutics have?

Noveome Biotherapeutics is in the 11-50 employee band.

When was Noveome Biotherapeutics founded?

Noveome Biotherapeutics was founded in 2000.

How does Noveome Biotherapeutics' funding compare to other Biotechnology startups?

Noveome Biotherapeutics' latest round of $6.8M is below the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Noveome Biotherapeutics 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 Noveome Biotherapeutics is left off this page rather than filled in.

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