# Covatic funding: rounds and investors

> Covatic has raised $10M across 8 rounds since 2021. Investors include Techstars, Parkwalk and Oxford Science Enterprises. Every round with its source.

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

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

# Who invested in *Covatic*

8 rounds we have observed, with the 7 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.

Advertising & Adtech

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$10M** raised across 8 rounds since 2021, from 9 sources

**$312K** Round **$704K** Round **$448K** Round **$5.0M** Series A **$470K** Round **$817K** Round **$455K** Round **$2.0M** Series B

- **Latest round:** Series B, $2.0M Jun 2026
- **Led by:** West Midlands Co-Investment Fund
- **Biggest round:** $5.0M Series A · May 2023
- **Step-up i:** 4.4×
- **Investors:** 7 (1 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.

2022 2023 2024 2025 2026

**$312K** Round

**$704K** Round

**$448K** Round

**$5.0M** Series A

**$470K** Round

**$817K** Round

**$455K** Round

**$2.0M** Series B

- **First round:** Round, $312K
- **Biggest round:** $5.0M
- **Usual gap between rounds:** 5 months

## The rounds

- **Jun 2026** Series B **$2.0M** *3 new* *3 returning* [West Midlands Co-Investment Fund](https://millionrounds.com/fund/west-midlands-co-investment-fund) Lead [Techstars](https://millionrounds.com/fund/techstars) [Parkwalk](https://millionrounds.com/fund/parkwalk) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) [PXN Group](https://millionrounds.com/fund/pxn-group) [Creative Growth Finance](https://millionrounds.com/fund/creative-growth-finance) Reported by Future Planet Capital Regional and 1 other
- **Mar 2025** Round **$455K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2024** Round **$817K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2024** Round **$470K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2023** Series A **$5.0M** *4 new* [Techstars](https://millionrounds.com/fund/techstars) [Parkwalk](https://millionrounds.com/fund/parkwalk) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) [Praetura Ventures](https://millionrounds.com/fund/praetura-ventures) Source recorded
- **Apr 2022** Round **$448K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2021** Round **$704K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2021** Round **$312K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Covatic filed 12 raises, $10.0M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2026 **$670K** UK share allotment
- Mar 2026 **$1.2M** UK share allotment
- Apr 2025 **$196K** UK share allotment
- Mar 2025 **$259K** UK share allotment
- Dec 2024 **$138K** UK share allotment
- Oct 2024 **$679K** UK share allotment
- Aug 2024 **$470K** UK share allotment
- Jun 2023 **$1.9M** UK share allotment
- Mar 2023 **$3.0M** UK share allotment
- Apr 2022 **$448K** UK share allotment
- Dec 2021 **$704K** UK share allotment
- Aug 2021 **$312K** UK share allotment

## 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.

**Round** 2021 **Round** 2021 **Round** 2022 **Series A** 2023 **Round** 2024 **Round** 2024 **Round** 2025 **Series B** 2026 [Techstars](https://millionrounds.com/fund/techstars) [Parkwalk](https://millionrounds.com/fund/parkwalk) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) [West Midlands Co-Investment Fund](https://millionrounds.com/fund/west-midlands-co-investment-fund) L [Praetura Ventures](https://millionrounds.com/fund/praetura-ventures) [PXN Group](https://millionrounds.com/fund/pxn-group) [Creative Growth Finance](https://millionrounds.com/fund/creative-growth-finance)

## Everyone who backed them

[Techstars](https://millionrounds.com/fund/techstars) VC firm **2** rounds

[Parkwalk](https://millionrounds.com/fund/parkwalk) VC firm **2** rounds

[Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) VC firm **2** rounds

[West Midlands Co-Investment Fund](https://millionrounds.com/fund/west-midlands-co-investment-fund) VC firm **1** round, led 1

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

[PXN Group](https://millionrounds.com/fund/pxn-group) Growth equity **1** round

[Creative Growth Finance](https://millionrounds.com/fund/creative-growth-finance) Growth equity **1** round

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

## Also claim to have backed them

This firm lists Covatic 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.

[Future Planet Capital Regional](https://millionrounds.com/fund/future-planet-capital-regional) VC firm Per its own site

## Quick answers about Covatic

### Who invested in Covatic?

Covatic's investors include Techstars, Parkwalk, Oxford Science Enterprises, West Midlands Co-Investment Fund and Praetura Ventures, and 2 more on record. West Midlands Co-Investment Fund led its latest round.

### How much has Covatic raised?

Covatic has raised $10M across 8 rounds since 2021.

### When did Covatic last raise?

Covatic's most recent round was a Series B of $2.0M in Jun 2026, led by West Midlands Co-Investment Fund.

### What was Covatic's biggest round?

Covatic's largest round on record is $5.0M (Series A), in May 2023.

### Who backed Covatic first?

Covatic's first round on record, in May 2023, was backed by Techstars, Parkwalk and Oxford Science Enterprises and 1 others.

### What stage is Covatic at?

Covatic's latest named round is a Series B, in Jun 2026.

### Where is Covatic based?

Covatic is based in the United Kingdom.

### Who led Covatic's rounds?

West Midlands Co-Investment Fund led the Series B in 2026.

## Companies like Covatic

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

[**Velocity** $105M · Sept 2026](https://millionrounds.com/company/velocity)[**Adthena** $110M · Jul 2026](https://millionrounds.com/company/adthena)[**InfoSum** $164M · Jun 2026](https://millionrounds.com/company/infosum)[**Vector** $91M · May 2026](https://millionrounds.com/company/vector)[**Go Swag** $5.0M · May 2026](https://millionrounds.com/company/go-swag)[**Hanei** $284K · Apr 2026](https://millionrounds.com/company/hanei)

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