Fundraising Fox

Trace Bio

Beaverton, US · Founded 2021 · 2 known investors

Find your way into Trace Bio

Trace Biosciences develops technology to make nerves visible in real time during surgical procedures, enabling surgeons to better identify and preserve nerve structures. The company targets operating rooms with fluorescent imaging agents and related surgical visualization tools.

Founders & leadership

Trace Bio was founded in 2021 by Connor Barth.

CBConnor Barth
Connor BarthinCofounder & CEO
SG
Summer GibbsCofounder & CSO
LW
Lei WangCofounder & CTO
JS
Jonathan SorgerNamed on SEC filing

Investors · 2

Reported raises · per SEC filings

Form D private placements

$8.3M disclosed across 1 round · 2026

$8.3MraisedAug 2026 · 19 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Connor BarthExecutive Officer, Director
  • Summer GibbsExecutive Officer, Director
  • Lei WangExecutive Officer, Director
  • Jonathan SorgerDirector
Offering amount
$16.2M
Amount sold
$8.3M
First sale
Jul 2026
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2023$599.2K
National Institutes of Health (NIH)National Institutes of HealthPhase I2023$386.2K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Trace Bio do?
Trace Biosciences develops technology to make nerves visible in real time during surgical procedures, enabling surgeons to better identify and preserve nerve structures. The company targets operating rooms with fluorescent imaging agents and related surgical visualization tools.
Who founded Trace Bio?
Trace Bio was founded by Connor Barth in 2021.
Who are Trace Bio's investors?
Trace Bio's investors include Elevate Capital, SciFounders.
How much funding has Trace Bio raised?
Trace Bio has disclosed $8.3M raised across 1 round.
Where is Trace Bio headquartered?
Trace Bio is headquartered in Beaverton, US.