# Eolas Medical funding: rounds and investors

> Eolas Medical has raised $20M across 3 rounds since 2021. Investors include Ascension, Acton Capital and Portfolio Ventures. Every round with its source.

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

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

# Who invested in *Eolas Medical*

3 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.

Data Infrastructure

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$20M** raised across 3 rounds since 2021, from 3 sources

**$2.6M** Round **$5.0M** Seed **$12M** Series A

- **Latest round:** Series A, $12M Jan 2026
- **Step-up i:** 2.4×
- **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.

2022 2023 2024 2025 2026

**$2.6M** Round

**$5.0M** Seed

**$12M** Series A

- **First round:** Round, $2.6M
- **Biggest round:** $12M
- **Usual gap between rounds:** 2.8 years

## The rounds

- **Jan 2026** Series A **$12M** *4 new* [Ascension](https://millionrounds.com/fund/ascension) [Acton Capital](https://millionrounds.com/fund/acton-capital) [Portfolio Ventures](https://millionrounds.com/fund/will-martin) [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) Source recorded
- **Mar 2023** Seed **$5.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2021** Round **$2.6M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Eolas Medical filed 5 raises, $19M in all. Filings say how much was sold and to how many investors; they never name the investors.

- May 2026 **$309K** UK share allotment
- Apr 2026 **$482K** UK share allotment
- Dec 2025 **$10M** UK share allotment
- Mar 2023 **$5.0M** UK share allotment
- Jun 2021 **$2.6M** 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 **Seed** 2023 **Series A** 2026 [Ascension](https://millionrounds.com/fund/ascension) [Acton Capital](https://millionrounds.com/fund/acton-capital) [Portfolio Ventures](https://millionrounds.com/fund/will-martin) [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc)

## Everyone who backed them

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

[Acton Capital](https://millionrounds.com/fund/acton-capital) VC firm **1** round

[Portfolio Ventures](https://millionrounds.com/fund/will-martin) VC firm **1** round

[Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) VC firm **1** round

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

## Quick answers about Eolas Medical

### Who invested in Eolas Medical?

Eolas Medical's investors include Ascension, Acton Capital, Portfolio Ventures and Kindred Capital.

### How much has Eolas Medical raised?

Eolas Medical has raised $20M across 3 rounds since 2021.

### When did Eolas Medical last raise?

Eolas Medical's most recent round was a Series A of $12M in Jan 2026.

### What was Eolas Medical's biggest round?

Its most recent round, $12M in Jan 2026, is also its largest on record.

### Who backed Eolas Medical first?

Eolas Medical's first round on record, in Jan 2026, was backed by Ascension, Acton Capital and Portfolio Ventures and 1 others.

### What stage is Eolas Medical at?

Eolas Medical's latest named round is a Series A, in Jan 2026.

### Where is Eolas Medical based?

Eolas Medical is based in the United Kingdom.

## Companies like Eolas Medical

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

[**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**PlayerData** $12M · May 2026](https://millionrounds.com/company/playerdata)[**SurrealDB** $44M · Feb 2026](https://millionrounds.com/company/surrealdb)[**Crisp** $108M · Dec 2025](https://millionrounds.com/company/crisp)[**Haystack** $602K · Jun 2025](https://millionrounds.com/company/haystack)[**Fragment** $22M · Oct 2026](https://millionrounds.com/company/fragment)

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