Thunder Biotech: Funding, Investors & Team (Sep 2026)
Thunder Biotech is the operator of a biotechnology company intended to treat cancer. The company employs technology to treat cancer by empowering patients' immune systems to combat and eradicate the disease by modifying a patient's own immune cells (called macrophages) to have receptors that target cancer cells. Thunder Biotech was established in 2016 by Tod Schulthess in Alpine, Utah.
Thunder Biotech has raised $19.4M across 3 funding rounds on record, the most recent an undisclosed round of $100k announced in Feb 2024.
That round is below the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
Thunder Biotech Company Profile and Key Stats
Latest funding round on record: Feb 2024.
Thunder Biotech Funding Rounds
Thunder Biotech raised $18.3M in an undisclosed round announced in Aug 2022.
2 months later, a Debt Financing of $1.0M was announced in Oct 2022.
1.3 years later, an undisclosed round of $100k was announced in Feb 2024.
Thunder Biotech Founders and Leadership Team
Contact details for the Thunder Biotech team: 1 of 2 have an email address on file.
Start 14-day free trial →Thunder Biotech Funding Compared to Other Biotechnology Startups
Thunder Biotech's latest round of $100k is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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Thunder Biotech Funding FAQs
What does Thunder Biotech do?
Thunder Biotech is the operator of a biotechnology company intended to treat cancer. The company employs technology to treat cancer by empowering patients' immune systems to combat and eradicate the disease by modifying a patient's own immune cells (called macrophages) to have receptors that target cancer cells. Thunder Biotech was established in 2016 by Tod Schulthess in Alpine, Utah.
How much funding has Thunder Biotech raised?
Thunder Biotech has raised $19.4M across 3 rounds on record. The most recent is an undisclosed round of $100k announced in Feb 2024.
When did Thunder Biotech last raise funding?
Thunder Biotech's most recent funding round on record is an undisclosed round of $100k, announced in Feb 2024.
Who founded Thunder Biotech?
FundedIQ lists Jeff Hone (Founder) at Thunder Biotech.
Who is the CEO of Thunder Biotech?
Tod Schulthess is listed as CEO at Thunder Biotech.
Where is Thunder Biotech headquartered?
Thunder Biotech is based in Provo, Utah, United States.
How many employees does Thunder Biotech have?
Thunder Biotech is in the 11-50 employee band.
How does Thunder Biotech's funding compare to other Biotechnology startups?
Thunder Biotech's latest round of $100k 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 Thunder Biotech 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 Thunder Biotech is left off this page rather than filled in.
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