# Cyted funding: rounds and investors > Cyted has raised $56M across 2 rounds since 2022. Investors include Innovate UK, Morningside Group and British Business Bank. Every round with its source. Source: https://millionrounds.com/company/cyted (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series B startup](https://millionrounds.com/companies) # Who invested in *Cyted* 2 rounds we have observed, with the 4 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 Funding summary Updated 26 Oct 2026 **$56M** raised across 2 rounds since 2022, from 2 sources **$12M** Round **$44M** Series B - **Latest round:** Series B, $44M Aug 2025 - **Step-up i:** 3.6× - **Investors:** 4 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. 2023 2024 2025 **$12M** Round **$44M** Series B - **First round:** Round, $12M - **Biggest round:** $44M - **Between rounds:** 2.6 years ## The rounds - **Aug 2025** Series B **$44M** *4 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Morningside Group](https://millionrounds.com/fund/morningside) [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) Source recorded - **Dec 2022** Round **$12M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators Cyted filed 2 raises, $38M in all. Filings say how much was sold and to how many investors; they never name the investors. - Aug 2025 **$25M** UK share allotment - Dec 2022 **$12M** UK share allotment ## Founders and team From Cyted's own website: 1 founder, 9 on the team. **Marcel Gehrung PhD** Co-founder & Chief Executive Officer - **Matt Mitcho** Chief Commercial Officer - **Neha Goel PhD** Chief Operating Officer - **Basirat Afinowi** Head of Projects - **Chris Humberston** VP Finance - **Jack Surman** VP People - **Mark Horsburgh PhD** VP Software Engineering - **Sarah Killcoyne PhD** VP Biomarker Development - **Shirin Hasan** VP Clinical and Medical Affairs - **Rob Epstein** Non-Executive Director ## 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** 2022 **Series B** 2025 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Morningside Group](https://millionrounds.com/fund/morningside) [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) ## Everyone who backed them [Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round [Morningside Group](https://millionrounds.com/fund/morningside) VC firm **1** round [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) Corporate VC **1** round [EQT Life Sciences](https://millionrounds.com/fund/eqt-life-sciences) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cyted). ## Quick answers about Cyted ### Who invested in Cyted? Cyted's investors include Innovate UK, Morningside Group, British Business Bank and EQT Life Sciences. ### How much has Cyted raised? Cyted has raised $56M across 2 rounds since 2022. ### When did Cyted last raise? Cyted's most recent round was a Series B of $44M in Aug 2025. ### What was Cyted's biggest round? Its most recent round, $44M in Aug 2025, is also its largest on record. ### Who backed Cyted first? Cyted's first round on record, in Aug 2025, was backed by Innovate UK, Morningside Group and British Business Bank and 1 others. ### What stage is Cyted at? Cyted's latest named round is a Series B, in Aug 2025. ### Where is Cyted based? Cyted is based in the United Kingdom. ## Companies like Cyted In the same sector, and raised in the last eighteen months. [**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)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs) ## 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