# Fuse Diagnostics funding: rounds and investors

> Fuse Diagnostics has raised $4.5M across 4 rounds since 2023. Investors include Innovate UK and The FSE Group. Every round with its source.

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

United Kingdom · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Fuse Diagnostics*

4 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.

Manufacturing

Raised 2 months ago

Funding summary Updated 26 Oct 2026

**$4.5M** raised across 4 rounds since 2023, from 4 sources

**$630K** Round **$2.0M** Seed **$590K** Round **$1.3M** Pre-seed

- **Latest round:** Pre-seed, $1.3M Sept 2026
- **Biggest round:** $2.0M Seed · May 2024
- **Step-up i:** 2.2×
- **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.

2024 2025 2026

**$630K** Round

**$2.0M** Seed

**$590K** Round

**$1.3M** Pre-seed

- **First round:** Round, $630K
- **Biggest round:** $2.0M
- **Usual gap between rounds:** 9 months

## The rounds

- **Sept 2026** Pre-seed **$1.3M** *1 new* *1 returning* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [The FSE Group](https://millionrounds.com/fund/the-fse-group) Source recorded
- **Dec 2025** Round **$590K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2024** Seed **$2.0M** *1 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) Source recorded
- **Nov 2023** Round **$630K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Fuse Diagnostics filed 5 raises, $2.1M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2026 **$610K** UK share allotment
- Dec 2025 **$590K** UK share allotment
- May 2024 **$299K** UK share allotment
- Nov 2023 **$325K** UK share allotment
- Nov 2023 **$305K** 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** 2023 **Seed** 2024 **Round** 2025 **Pre-seed** 2026 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [The FSE Group](https://millionrounds.com/fund/the-fse-group)

## Everyone who backed them

[Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **2** rounds

[The FSE Group](https://millionrounds.com/fund/the-fse-group) VC firm **1** round

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

## Quick answers about Fuse Diagnostics

### Who invested in Fuse Diagnostics?

Fuse Diagnostics's investors include Innovate UK and The FSE Group.

### How much has Fuse Diagnostics raised?

Fuse Diagnostics has raised $4.5M across 4 rounds since 2023.

### When did Fuse Diagnostics last raise?

Fuse Diagnostics's most recent round was a Pre-seed of $1.3M in Sept 2026.

### What was Fuse Diagnostics's biggest round?

Fuse Diagnostics's largest round on record is $2.0M (Seed), in May 2024.

### Who backed Fuse Diagnostics first?

Fuse Diagnostics's first round on record, in May 2024, was backed by Innovate UK.

### What stage is Fuse Diagnostics at?

Fuse Diagnostics's latest named round is a Pre-seed, in Sept 2026.

### Where is Fuse Diagnostics based?

Fuse Diagnostics is based in the United Kingdom.

## Companies like Fuse Diagnostics

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

[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**Extend Robotics** $4.7M · Oct 2026](https://millionrounds.com/company/extend-robotics)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**Isometric** $50M · Sept 2026](https://millionrounds.com/company/isometric)[**Rheon Labs** $208M · Sept 2026](https://millionrounds.com/company/rheon-labs)

## Find investors like these

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