# FundamentalVR funding: rounds and investors > FundamentalVR has raised $27M across 3 rounds since 2018. Investors include Downing Ventures, Founders Factory and Mayo Clinic. Every round with its source. Source: https://millionrounds.com/company/fundamentalvr (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series B startup](https://millionrounds.com/companies) # Who invested in *FundamentalVR* 3 rounds we have observed, with the 6 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 VR & AR Funding summary Updated 26 Oct 2026 **$27M** raised across 3 rounds since 2018, from 3 sources **$1.5M** Round **$5.6M** Round **$20M** Series B - **Latest round:** Series B, $20M Aug 2022 - **Step-up i:** 3.6× - **Investors:** 6 (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 **$1.5M** Round **$5.6M** Round **$20M** Series B - **First round:** Round, $1.5M - **Biggest round:** $20M - **Usual gap between rounds:** 2.8 years ## The rounds - **Aug 2022** Series B **$20M** *2 new* [Founders Factory](https://millionrounds.com/fund/founder-s-factory) [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) Source recorded - **Oct 2019** Round **$5.6M** *3 new* [Downing Ventures](https://millionrounds.com/fund/downing-ventures) Lead [EPIC Private Equity](https://millionrounds.com/fund/epic-private-equity) Brighteyes Ventures Reported by VentureBeat - **Oct 2018** Round **$1.5M** *1 new* Tern Plc Reported by FinSMEs ## 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** 2018 **Round** 2019 **Series B** 2022 [Downing Ventures](https://millionrounds.com/fund/downing-ventures) L [Founders Factory](https://millionrounds.com/fund/founder-s-factory) [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) [EPIC Private Equity](https://millionrounds.com/fund/epic-private-equity) Brighteyes Ventures Tern Plc ## Everyone who backed them [Downing Ventures](https://millionrounds.com/fund/downing-ventures) VC firm **1** round, led 1 [Founders Factory](https://millionrounds.com/fund/founder-s-factory) Accelerator **1** round [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) Investment firm **1** round [EPIC Private Equity](https://millionrounds.com/fund/epic-private-equity) VC firm **1** round Brighteyes Ventures no record of our own yet **1** round Tern Plc 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=fundamentalvr). ## Also claim to have backed them This firm lists FundamentalVR 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. [Brighteye Ventures](https://millionrounds.com/fund/brighteye-ventures) VC firm Per its own site ## Quick answers about FundamentalVR ### Who invested in FundamentalVR? FundamentalVR's investors include Downing Ventures, Founders Factory, Mayo Clinic, EPIC Private Equity and Brighteyes Ventures, and 1 more on record. ### How much has FundamentalVR raised? FundamentalVR has raised $27M across 3 rounds since 2018. ### When did FundamentalVR last raise? FundamentalVR's most recent round was a Series B of $20M in Aug 2022. ### What was FundamentalVR's biggest round? Its most recent round, $20M in Aug 2022, is also its largest on record. ### Who backed FundamentalVR first? FundamentalVR's first round on record, in Oct 2018, was backed by Tern Plc. ### What stage is FundamentalVR at? FundamentalVR's latest named round is a Series B, in Aug 2022. ### Where is FundamentalVR based? FundamentalVR is based in the United Kingdom. ### Who led FundamentalVR's rounds? Downing Ventures led the Undisclosed round in 2019. ## Companies like FundamentalVR 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) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app