Who invested in ILC Therapeutics

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.

Biotech

Funding summaryUpdated 26 Oct 2026

$10Mraised across 4 rounds since 2020, from 4 sources

$4.9MRound$2.3MRound$3.3MVenture

Latest round: Venture, $3.3MSept 2024
Biggest round: $4.9MRound · Sept 2021
Step-upi: 1.5×
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.

2021202220232024

?Round$4.9MRound$2.3MRound$3.3MVenture

First round: Round
Biggest round: $4.9M
Usual gap between rounds: 13 months

The rounds

Sept 2024
Venture$3.3M1 new
- Scottish Enterprise
Source recorded
Oct 2022
Round$2.3M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
Sept 2021
Round$4.9M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
Dec 2020
RoundAmount undisclosed1 new
- Medical Incubator Japan K.K.
Reported by Medical Incubator Japan K.K.

Funding filed with regulators

ILC Therapeutics filed 3 raises, $10M in all. Filings say how much was sold and to how many investors; they never name the investors.

Jun 2024$3.2MUK share allotment
Oct 2022$2.3MUK share allotment
Sept 2021$4.9MUK share allotment

Founders and team

From ILC Therapeutics's own website: 3 on the team.

Dr Owain MillingtonChief Executive Officer
Dr Dawn FirminChief Operating Officer
Julie BaileyChief Financial Officer

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.

Round2020Round2021Round2022Venture2024

Scottish Enterprise

Medical Incubator Japan K.K.

Everyone who backed them

Scottish EnterpriseGovernment1round

Medical Incubator Japan K.K.VC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists ILC Therapeutics 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.