# IBEX Innovations funding: rounds and investors

> IBEX Innovations has raised $14M across 4 rounds since 2018. Investors include Mercia Tech, IP Group and EISMEA. Every round with its source.

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

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

# Who invested in *IBEX Innovations*

4 rounds we have observed, with the 7 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 Manufacturing

Funding summary Updated 26 Oct 2026

**$14M** raised across 4 rounds since 2018, from 4 sources

**$1.3M** Round **$1.3M** Round **$9.2M** Round **$2.6M** Venture

- **Latest round:** Venture, $2.6M Mar 2025
- **Biggest round:** $9.2M Round · Jun 2021
- **Investors:** 7

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 2023 2024 2025

**$1.3M** Round

**$1.3M** Round

**$9.2M** Round

**$2.6M** Venture

- **First round:** Round, $1.3M
- **Biggest round:** $9.2M
- **Usual gap between rounds:** 2 years

## The rounds

- **Mar 2025** Venture **$2.6M** *2 new* *2 returning* [EISMEA](https://millionrounds.com/fund/eismea) [IP Group](https://millionrounds.com/fund/ip-group) [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) Source recorded
- **Jun 2021** Round **$9.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2019** Round **$1.3M** *3 new* *1 returning* [Mercia Tech](https://millionrounds.com/fund/mercia-tech) [European Regional Development Fund](https://millionrounds.com/fund/european-regional-development-fund) [The North East Fund Ltd.](https://millionrounds.com/fund/the-north-east-fund-ltd) Group plc Reported by FinSMEs
- **Nov 2018** Round **$1.3M** *2 new* [IP Group](https://millionrounds.com/fund/ip-group) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) Reported by FinSMEs

## Funding filed with regulators

IBEX Innovations filed 3 raises, $8.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Feb 2025 **$272K** UK share allotment
- Feb 2025 **$3.8M** UK share allotment
- Jun 2021 **$4.6M** 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** 2018 **Round** 2019 **Round** 2021 **Venture** 2025 [Mercia Tech](https://millionrounds.com/fund/mercia-tech) [IP Group](https://millionrounds.com/fund/ip-group) [EISMEA](https://millionrounds.com/fund/eismea) [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) [European Regional Development Fund](https://millionrounds.com/fund/european-regional-development-fund) [The North East Fund Ltd.](https://millionrounds.com/fund/the-north-east-fund-ltd) Group plc

## Everyone who backed them

[Mercia Tech](https://millionrounds.com/fund/mercia-tech) VC firm **3** rounds

[IP Group](https://millionrounds.com/fund/ip-group) VC firm **2** rounds

[EISMEA](https://millionrounds.com/fund/eismea) Investment firm **1** round

[Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) VC firm **1** round

[European Regional Development Fund](https://millionrounds.com/fund/european-regional-development-fund) VC firm **1** round

[The North East Fund Ltd.](https://millionrounds.com/fund/the-north-east-fund-ltd) VC firm **1** round

Group 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=ibex-innovations).

## Quick answers about IBEX Innovations

### Who invested in IBEX Innovations?

IBEX Innovations's investors include Mercia Tech, IP Group, EISMEA, Northstar Ventures and European Regional Development Fund, and 2 more on record.

### How much has IBEX Innovations raised?

IBEX Innovations has raised $14M across 4 rounds since 2018.

### When did IBEX Innovations last raise?

IBEX Innovations's most recent round was a Venture of $2.6M in Mar 2025.

### What was IBEX Innovations's biggest round?

IBEX Innovations's largest round on record is $9.2M, in Jun 2021.

### Who backed IBEX Innovations first?

IBEX Innovations's first round on record, in Nov 2018, was backed by IP Group and Mercia Tech.

### What stage is IBEX Innovations at?

IBEX Innovations's latest named round is a Venture, in Mar 2025.

### Where is IBEX Innovations based?

IBEX Innovations is based in the United Kingdom.

## Companies like IBEX Innovations

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

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