# Cera funding: rounds and investors

> Cera has raised $168M across 3 rounds since 2018. Investors include Schroders Capital, BDT & MSD Partners and Y Combinator. Every round with its source.

Source: https://millionrounds.com/company/cera (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Cera*

3 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$168M** raised across 3 rounds since 2018, from 3 sources

**$17M** Series A **$500K** Pre-seed **$150M** Debt

- **Latest round:** Debt, $150M Jan 2025
- **Led by:** Schroders Capital and BDT & MSD Partners
- **Step-up i:** 300×
- **Investors:** 8 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021 2022 2023 2024 2025

**$17M** Series A

**$500K** Pre-seed

**$150M** Debt

- **First round:** Series A, $17M
- **Biggest round:** $150M
- **Usual gap between rounds:** 3.8 years

## The rounds

- **Jan 2025** Debt **$150M** *3 new* [Schroders Capital](https://millionrounds.com/fund/schroders-capital) Lead [BDT & MSD Partners](https://millionrounds.com/fund/bdt-and-msd-partners) Lead [Credo Ventures](https://millionrounds.com/fund/credo-ventures) Reported by TechCrunch
- **Mar 2022** Pre-seed **$500K** *1 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) Source recorded
- **May 2018** Series A **$17M** *4 new* [Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) [Yabeo Capital](https://millionrounds.com/fund/yabeo) Guinness Asset Peter Sands Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Pre-seed** 2022 **Debt** 2025 [Schroders Capital](https://millionrounds.com/fund/schroders-capital) L [BDT & MSD Partners](https://millionrounds.com/fund/bdt-and-msd-partners) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Credo Ventures](https://millionrounds.com/fund/credo-ventures) [Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) [Yabeo Capital](https://millionrounds.com/fund/yabeo) Guinness Asset Peter Sands

## Everyone who backed them

[Schroders Capital](https://millionrounds.com/fund/schroders-capital) Hedge fund **1** round, led 1

[BDT & MSD Partners](https://millionrounds.com/fund/bdt-and-msd-partners) Investment bank **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Credo Ventures](https://millionrounds.com/fund/credo-ventures) VC firm **1** round

[Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) VC firm **1** round

[Yabeo Capital](https://millionrounds.com/fund/yabeo) VC firm **1** round

Guinness Asset no record of our own yet **1** round

Peter Sands no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cera).

## Also claim to have backed them

This firm lists Cera as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Candy Ventures](https://millionrounds.com/fund/candy-ventures) VC firm Per its own site

## Quick answers about Cera

### Who invested in Cera?

Cera's investors include Schroders Capital, BDT & MSD Partners, Y Combinator, Credo Ventures and Kairos Ventures, and 3 more on record. Schroders Capital led its latest round.

### How much has Cera raised?

Cera has raised $168M across 3 rounds since 2018.

### When did Cera last raise?

Cera's most recent round was a Debt of $150M in Jan 2025, led by Schroders Capital.

### What was Cera's biggest round?

Its most recent round, $150M in Jan 2025, is also its largest on record.

### Who backed Cera first?

Cera's first round on record, in May 2018, was backed by Kairos Ventures, Yabeo Capital and Guinness Asset and 1 others.

### What stage is Cera at?

Cera's latest named round is a Debt, in Jan 2025.

### Where is Cera based?

Cera is based in the United Kingdom.

### Who led Cera's rounds?

Schroders Capital led the Debt in 2025.

## Companies like Cera

In the same sector, and raised in the last eighteen months.

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
