# Elasmogen funding: rounds and investors

> Elasmogen has raised $10M across 2 rounds since 2021. Investors include Innovate UK, Business Growth Fund and Scottish Enterprise. Every round with its source.

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

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

# Who invested in *Elasmogen*

2 rounds we have observed, with the 3 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.

Healthcare

Funding summary Updated 26 Oct 2026

**$10M** raised across 2 rounds since 2021, from 2 sources

**$208K** Round **$9.9M** Venture

- **Latest round:** Venture, $9.9M May 2022
- **Step-up i:** 47.7×
- **Investors:** 3

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

**$208K** Round

**$9.9M** Venture

- **First round:** Round, $208K
- **Biggest round:** $9.9M
- **Between rounds:** 12 months

## The rounds

- **May 2022** Venture **$9.9M** *3 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Source recorded
- **Apr 2021** Round **$208K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## 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 **Venture** 2022 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise)

## Everyone who backed them

[Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round

[Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **1** round

[Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round

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

## Quick answers about Elasmogen

### Who invested in Elasmogen?

Elasmogen's investors include Innovate UK, Business Growth Fund and Scottish Enterprise.

### How much has Elasmogen raised?

Elasmogen has raised $10M across 2 rounds since 2021.

### When did Elasmogen last raise?

Elasmogen's most recent round was a Venture of $9.9M in May 2022.

### What was Elasmogen's biggest round?

Its most recent round, $9.9M in May 2022, is also its largest on record.

### Who backed Elasmogen first?

Elasmogen's first round on record, in May 2022, was backed by Innovate UK, Business Growth Fund and Scottish Enterprise.

### What stage is Elasmogen at?

Elasmogen's latest named round is a Venture, in May 2022.

### Where is Elasmogen based?

Elasmogen is based in the United Kingdom.

## Companies like Elasmogen

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)[**52North** $4.3M · Sept 2026](https://millionrounds.com/company/52north)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai)

## Find investors like these

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