# F2G funding: rounds and investors

> F2G has raised $136M across 4 rounds since 2008. Investors include Astellas Venture Management, Merifin Capital and K Nominees. Every round with its source.

Source: https://millionrounds.com/company/f2g (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *F2G*

4 rounds we have observed, with the 9 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

Funding summary Updated 26 Oct 2026

**$136M** raised across 4 rounds since 2008, from 4 sources

**$12M** Venture **$30M** Venture **$60M** Round **$34M** Series G

- **Latest round:** Series G, $34M Jul 2021
- **Biggest round:** $60M Round · Jun 2016
- **Investors:** 9

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.

2008 2010 2012 2014 2016 2018 2020

**$12M** Venture

**$30M** Venture

**$60M** Round

**$34M** Series G

- **First round:** Venture, $12M
- **Biggest round:** $60M
- **Usual gap between rounds:** 4.1 years

## The rounds

- **Jul 2021** Series G **$34M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2016** Round **$60M** *1 new* [Sectoral Asset Management](https://millionrounds.com/fund/sectoral-asset-management) Reported by FinSMEs
- **Sept 2012** Venture **$30M** *4 new* *3 returning* [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) [Advent Venture Partners](https://millionrounds.com/fund/advent-venture-partners) [Astellas Venture Management](https://millionrounds.com/fund/astellas-venture-management) [Merifin Capital](https://millionrounds.com/fund/merifin-capital) [Novartis Bioventures](https://millionrounds.com/fund/novartis-bioventures) [K Nominees](https://millionrounds.com/fund/k-nominees) Reported by fiercebiotech.com
- **Aug 2008** Venture **$12M** *4 new* [Astellas Venture Management](https://millionrounds.com/fund/astellas-venture-management) [Merifin Capital](https://millionrounds.com/fund/merifin-capital) [BankInvest Biomedical Venture](https://millionrounds.com/fund/bankinvest-biomedical-venture) [K Nominees](https://millionrounds.com/fund/k-nominees) Reported by f2g.com

## 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.

**Venture** 2008 **Venture** 2012 **Round** 2016 **Series G** 2021 [Astellas Venture Management](https://millionrounds.com/fund/astellas-venture-management) [Merifin Capital](https://millionrounds.com/fund/merifin-capital) [K Nominees](https://millionrounds.com/fund/k-nominees) [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) [Advent Venture Partners](https://millionrounds.com/fund/advent-venture-partners) [Sectoral Asset Management](https://millionrounds.com/fund/sectoral-asset-management) [Novartis Bioventures](https://millionrounds.com/fund/novartis-bioventures) [BankInvest Biomedical Venture](https://millionrounds.com/fund/bankinvest-biomedical-venture)

## Everyone who backed them

[Astellas Venture Management](https://millionrounds.com/fund/astellas-venture-management) Corporate VC **2** rounds

[Merifin Capital](https://millionrounds.com/fund/merifin-capital) Private equity **2** rounds

[K Nominees](https://millionrounds.com/fund/k-nominees) VC firm **2** rounds

[Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) Corporate VC **1** round

[Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) VC firm **1** round

[Advent Venture Partners](https://millionrounds.com/fund/advent-venture-partners) VC firm **1** round

[Sectoral Asset Management](https://millionrounds.com/fund/sectoral-asset-management) Private equity **1** round

[Novartis Bioventures](https://millionrounds.com/fund/novartis-bioventures) Growth equity **1** round

[BankInvest Biomedical Venture](https://millionrounds.com/fund/bankinvest-biomedical-venture) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=f2g).

## Also claim to have backed them

These 3 firms list F2G 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.

[Aisling Capital](https://millionrounds.com/fund/aisling-capital) Private equity Per its own site

[AMR Action Fund](https://millionrounds.com/fund/amr-action-fund) VC firm Per its own site

[Brace Pharma](https://millionrounds.com/fund/brace-pharma-capital) VC firm Per its own site

## Quick answers about F2G

### Who invested in F2G?

F2G's investors include Astellas Venture Management, Merifin Capital, K Nominees, Novartis Venture Fund and Sunstone Life Science Ventures, and 4 more on record.

### How much has F2G raised?

F2G has raised $136M across 4 rounds since 2008.

### When did F2G last raise?

F2G's most recent round was a Series G of $34M in Jul 2021.

### What was F2G's biggest round?

F2G's largest round on record is $60M (Undisclosed round), in Jun 2016.

### Who backed F2G first?

F2G's first round on record, in Aug 2008, was backed by Astellas Venture Management, Merifin Capital and BankInvest Biomedical Venture and 1 others.

### What stage is F2G at?

F2G's latest named round is a Series G, in Jul 2021.

### Where is F2G based?

F2G is based in the United Kingdom.

## Companies like F2G

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)

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