# ExSeed Health funding: rounds and investors

> ExSeed Health has raised $4.2M across 3 rounds since 2022. Investors include Ascension and Oryx Fund. Every round with its source.

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

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

# Who invested in *ExSeed Health*

3 rounds we have observed, with the 2 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.

Femtech

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$4.2M** raised across 3 rounds since 2022, from 3 sources

**$3.4M** Seed **$492K** Round **$281K** Round

- **Latest round:** Round, $281K Nov 2025
- **Biggest round:** $3.4M Seed · Feb 2022
- **Investors:** 2

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

**$3.4M** Seed

**$492K** Round

**$281K** Round

- **First round:** Seed, $3.4M
- **Biggest round:** $3.4M
- **Usual gap between rounds:** 3.3 years

## The rounds

- **Nov 2025** Round **$281K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2025** Round **$492K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2022** Seed **$3.4M** *2 new* [Ascension](https://millionrounds.com/fund/ascension) [Oryx Fund](https://millionrounds.com/fund/oryx-fund) Source recorded

## Funding filed with regulators

ExSeed Health filed 4 raises, $1.5M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Nov 2025 **$281K** UK share allotment
- May 2025 **$492K** UK share allotment
- Apr 2022 **$684K** UK share allotment
- Dec 2021 **Amount not stated** UK share allotment

## Founders and team

From ExSeed Health's own website: 3 founders.

**Morten G. Ulsted** CEO & Co-founder

**Daniel Daugaard-Jensen** Co-founder & Board member

**Emil Andersen** CSO & Co-founder

Advisers *Dr Rita Vassena* *Dr. Henrik Pedersen* *Prof. Peter Humaidan*

## 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** 2022 **Round** 2025 **Round** 2025 [Ascension](https://millionrounds.com/fund/ascension) [Oryx Fund](https://millionrounds.com/fund/oryx-fund)

## Everyone who backed them

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

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

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

## Also claim to have backed them

This firm lists ExSeed Health as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Hambro Perks](https://millionrounds.com/fund/hambro-perks) VC firm Per its own site

## Quick answers about ExSeed Health

### Who invested in ExSeed Health?

ExSeed Health's investors include Ascension and Oryx Fund.

### How much has ExSeed Health raised?

ExSeed Health has raised $4.2M across 3 rounds since 2022.

### When did ExSeed Health last raise?

ExSeed Health's most recent round, $281K, was in Nov 2025.

### What was ExSeed Health's biggest round?

ExSeed Health's largest round on record is $3.4M (Seed), in Feb 2022.

### Who backed ExSeed Health first?

ExSeed Health's first round on record, in Feb 2022, was backed by Ascension and Oryx Fund.

### What stage is ExSeed Health at?

ExSeed Health's latest named round is a Seed, in Feb 2022.

### Where is ExSeed Health based?

ExSeed Health is based in the United Kingdom.

## Companies like ExSeed Health

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

[**Emm** $9.0M · Nov 2025](https://millionrounds.com/company/emm)[**Jack Fertility** $5.8M · Oct 2025](https://millionrounds.com/company/jack-fertility)[**Hormona** $6.7M · Sept 2025](https://millionrounds.com/company/hormona)[**Nabta Health** $3.0M · Oct 2026](https://millionrounds.com/company/nabta-health)[**Allara** $56M · Oct 2026](https://millionrounds.com/company/allara)[**Frame** $8.8M · Sept 2026](https://millionrounds.com/company/frame)

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