# Elita funding: rounds and investors

> Elita has raised $3.2M across 3 rounds since 2025. Investors include Startmate, Archangel Ventures and LaunchVic. Every round with its source.

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

Australia · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Elita*

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.

Biotech Consumer Goods Genomics Healthcare

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$3.2M** raised across 3 rounds since 2025, from 3 sources

**$681K** Pre-seed **$1.1M** Pre-seed **$1.4M** Seed

- **Latest round:** Seed, $1.4M Sept 2026
- **Step-up i:** 1.3×
- **Investors:** 8 (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.

2025 2026

**$681K** Pre-seed

**$1.1M** Pre-seed

**$1.4M** Seed

- **First round:** Pre-seed, $681K
- **Biggest round:** $1.4M
- **Usual gap between rounds:** 13 months

## The rounds

- **Sept 2026** Seed **$1.4M** *1 new* *3 returning* [Boost VC](https://millionrounds.com/fund/boost-vc) [Startmate](https://millionrounds.com/fund/startmate) [LaunchVic](https://millionrounds.com/fund/launchvic) [Archangel Ventures](https://millionrounds.com/fund/archangel-ventures) Source recorded
- **Jul 2025** Pre-seed **$1.1M** *4 new* *2 returning* [Alice Anderson Fund](https://millionrounds.com/fund/alice-anderson-fund) Lead [Startmate](https://millionrounds.com/fund/startmate) [Archangel Ventures](https://millionrounds.com/fund/archangel-ventures) [M8 Ventures](https://millionrounds.com/fund/m8-ventures) [Side Stage Ventures](https://millionrounds.com/fund/side-stage-ventures) [XA Network](https://millionrounds.com/fund/xa-network) Reported by Startup Daily
- **Jan 2025** Pre-seed **$681K** *3 new* [Startmate](https://millionrounds.com/fund/startmate) [LaunchVic](https://millionrounds.com/fund/launchvic) [Archangel Ventures](https://millionrounds.com/fund/archangel-ventures) Source recorded

## Founders and team

From Elita's own website: 1 founder, 4 on the team.

**Paloma Newton** Co-Founder & CEO

- **Edgar Allan Paws** Chief Morale Officer
- **Jackson Gritching** Chief Technical Officer
- **Dr Kit Kennedy** Head of Translational Science
- **Tom Morley MSc** Senior Scientist

## 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.

**Pre-seed** 2025 **Pre-seed** 2025 **Seed** 2026 [Startmate](https://millionrounds.com/fund/startmate) [Archangel Ventures](https://millionrounds.com/fund/archangel-ventures) [LaunchVic](https://millionrounds.com/fund/launchvic) [Alice Anderson Fund](https://millionrounds.com/fund/alice-anderson-fund) L [Boost VC](https://millionrounds.com/fund/boost-vc) [M8 Ventures](https://millionrounds.com/fund/m8-ventures) [Side Stage Ventures](https://millionrounds.com/fund/side-stage-ventures) [XA Network](https://millionrounds.com/fund/xa-network)

## Everyone who backed them

[Startmate](https://millionrounds.com/fund/startmate) Accelerator **3** rounds

[Archangel Ventures](https://millionrounds.com/fund/archangel-ventures) VC firm **3** rounds

[LaunchVic](https://millionrounds.com/fund/launchvic) Accelerator **2** rounds

[Alice Anderson Fund](https://millionrounds.com/fund/alice-anderson-fund) VC firm **1** round, led 1

[Boost VC](https://millionrounds.com/fund/boost-vc) VC firm **1** round

[M8 Ventures](https://millionrounds.com/fund/m8-ventures) VC firm **1** round

[Side Stage Ventures](https://millionrounds.com/fund/side-stage-ventures) Angel network **1** round

[XA Network](https://millionrounds.com/fund/xa-network) Angel network **1** round

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

## Also claim to have backed them

These 3 firms list Elita as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Arcanys Ventures](https://millionrounds.com/fund/arcanys-ventures) Venture studio Per its own site

[Davis Enterprises Holdings](https://millionrounds.com/fund/davis-enterprises-holdings) Family office Per its own site

[Female Leaders VC Fund](https://millionrounds.com/fund/female-leaders-vc-fund) VC firm Per its own site

## Quick answers about Elita

### Who invested in Elita?

Elita's investors include Startmate, Archangel Ventures, LaunchVic, Alice Anderson Fund and Boost VC, and 3 more on record.

### How much has Elita raised?

Elita has raised $3.2M across 3 rounds since 2025.

### When did Elita last raise?

Elita's most recent round was a Seed of $1.4M in Sept 2026.

### What was Elita's biggest round?

Its most recent round, $1.4M in Sept 2026, is also its largest on record.

### Who backed Elita first?

Elita's first round on record, in Jan 2025, was backed by Startmate, LaunchVic and Archangel Ventures.

### What stage is Elita at?

Elita's latest named round is a Seed, in Sept 2026.

### Where is Elita based?

Elita is based in Australia.

### Who led Elita's rounds?

Alice Anderson Fund led the Pre-seed in 2025.

## Companies like Elita

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

[**Kinoxis Therapeutics** $14M · Sept 2026](https://millionrounds.com/company/kinoxis-therapeutics)[**GonGlobal** $1.2M · Sept 2026](https://millionrounds.com/company/gonglobal)[**ENA Respiratory** $24M · Sept 2026](https://millionrounds.com/company/ena-respiratory)[**Heidi Health** $332M · Sept 2026](https://millionrounds.com/company/heidi-health)[**updoc** $23M · Sept 2026](https://millionrounds.com/company/updoc)[**Vexev** $17M · Aug 2026](https://millionrounds.com/company/vexev)

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