# EnteroBiotix funding: rounds and investors

> EnteroBiotix has raised $38M across 4 rounds since 2019. Investors include Scottish Enterprise, Equity Gap and SyndicateRoom. Every round with its source.

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

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

# Who invested in *EnteroBiotix*

4 rounds we have observed, with the 10 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 Healthcare

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$38M** raised across 4 rounds since 2019, from 4 sources

**$2.6M** Seed **$7.8M** Round **$1.4M** Venture **$26M** Venture

- **Latest round:** Venture, $26M Apr 2026
- **Step-up i:** 18.4×
- **Investors:** 10 (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.

2019 2020 2021 2022 2023 2024 2025 2026

**$2.6M** Seed

**$7.8M** Round

**$1.4M** Venture

**$26M** Venture

- **First round:** Seed, $2.6M
- **Biggest round:** $26M
- **Usual gap between rounds:** 23 months

## The rounds

- **Apr 2026** Venture **$26M** *1 returning* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Source recorded SEC filing: $5.3M sold
- **Jul 2025** Venture **$1.4M** *1 new* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Source recorded SEC filing: $1.4M sold, first sale Jul 2025
- **Aug 2023** Round **$7.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet SEC filing: $6.7M sold, first sale Aug 2023
- **May 2019** Seed **$2.6M** *9 new* [Equity Gap](https://millionrounds.com/fund/equity-gap) Lead [SyndicateRoom](https://millionrounds.com/fund/syndicateroom) [Gabriel Investments](https://millionrounds.com/fund/gabriel-investments) [Fund Twenty8](https://millionrounds.com/fund/fund-twenty8) [SIS Ventures](https://millionrounds.com/fund/sis-ventures) Bank Workers Charity Barwell Plc NCIMB University of Aberdeen Reported by FinSMEs

## Funding filed with regulators

EnteroBiotix filed 2 raises, $7.8M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2024 **Amount not stated** UK share allotment
- Aug 2023 **$7.8M** UK share allotment

## Founders and team

From EnteroBiotix's own website: 5 on the team.

- **Dr James McIlroy** CEO & Board Member
- **Dr James Barnes** COO
- **Melissa Strange** CFO
- **Elmar Schnee** Non-Executive Chairman
- **Professor Yan Yiannakou** Consultant Neurogastroenterologist & Director of R&D

Advisers *Professor William D. Chey*

## 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.

**Seed** 2019 **Round** 2023 **Venture** 2025 **Venture** 2026 [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Equity Gap](https://millionrounds.com/fund/equity-gap) L [SyndicateRoom](https://millionrounds.com/fund/syndicateroom) [Gabriel Investments](https://millionrounds.com/fund/gabriel-investments) [Fund Twenty8](https://millionrounds.com/fund/fund-twenty8) [SIS Ventures](https://millionrounds.com/fund/sis-ventures) Bank Workers Charity Barwell Plc NCIMB University of Aberdeen

## Everyone who backed them

[Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **2** rounds

[Equity Gap](https://millionrounds.com/fund/equity-gap) Angel network **1** round, led 1

[SyndicateRoom](https://millionrounds.com/fund/syndicateroom) VC firm **1** round

[Gabriel Investments](https://millionrounds.com/fund/gabriel-investments) VC firm **1** round

[Fund Twenty8](https://millionrounds.com/fund/fund-twenty8) VC firm **1** round

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

Bank Workers Charity no record of our own yet **1** round

Barwell Plc no record of our own yet **1** round

NCIMB no record of our own yet **1** round

University of Aberdeen 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=enterobiotix).

## Quick answers about EnteroBiotix

### Who invested in EnteroBiotix?

EnteroBiotix's investors include Scottish Enterprise, Equity Gap, SyndicateRoom, Gabriel Investments and Fund Twenty8, and 5 more on record.

### How much has EnteroBiotix raised?

EnteroBiotix has raised $38M across 4 rounds since 2019.

### When did EnteroBiotix last raise?

EnteroBiotix's most recent round was a Venture of $26M in Apr 2026.

### What was EnteroBiotix's biggest round?

Its most recent round, $26M in Apr 2026, is also its largest on record.

### Who backed EnteroBiotix first?

EnteroBiotix's first round on record, in May 2019, was backed by Equity Gap, SyndicateRoom and Gabriel Investments and 6 others.

### What stage is EnteroBiotix at?

EnteroBiotix's latest named round is a Venture, in Apr 2026.

### Where is EnteroBiotix based?

EnteroBiotix is based in the United Kingdom.

### Who led EnteroBiotix's rounds?

Equity Gap led the Seed in 2019.

## Companies like EnteroBiotix

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

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