# ILC Therapeutics funding: rounds and investors > ILC Therapeutics has raised $10M across 4 rounds since 2020. Investors include Scottish Enterprise and Medical Incubator Japan K.K.. Source: https://millionrounds.com/company/ilc-therapeutics (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Venture startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$10M** raised across 4 rounds since 2020, from 4 sources **$4.9M** Round **$2.3M** Round **$3.3M** Venture - **Latest round:** Venture, $3.3M Sept 2024 - **Biggest round:** $4.9M Round · Sept 2021 - **Step-up i:** 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. 2021 2022 2023 2024 **?** Round **$4.9M** Round **$2.3M** Round **$3.3M** Venture - **First round:** Round - **Biggest round:** $4.9M - **Usual gap between rounds:** 13 months ## The rounds - **Sept 2024** Venture **$3.3M** *1 new* [Scottish Enterprise](https://millionrounds.com/fund/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** Round **Amount undisclosed** *1 new* [Medical Incubator Japan K.K.](https://millionrounds.com/fund/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 **$3.2M** UK share allotment - Oct 2022 **$2.3M** UK share allotment - Sept 2021 **$4.9M** UK share allotment ## Founders and team From ILC Therapeutics's own website: 3 on the team. - **Dr Owain Millington** Chief Executive Officer - **Dr Dawn Firmin** Chief Operating Officer - **Julie Bailey** Chief 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. **Round** 2020 **Round** 2021 **Round** 2022 **Venture** 2024 [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Medical Incubator Japan K.K.](https://millionrounds.com/fund/medical-incubator-japan-k-k) ## Everyone who backed them [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round [Medical Incubator Japan K.K.](https://millionrounds.com/fund/medical-incubator-japan-k-k) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ilc-therapeutics). ## 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. [Eos](https://millionrounds.com/fund/eos-advisory) Angel network Per its own site ## Quick answers about ILC Therapeutics ### Who invested in ILC Therapeutics? ILC Therapeutics's investors include Scottish Enterprise and Medical Incubator Japan K.K.. ### How much has ILC Therapeutics raised? ILC Therapeutics has raised $10M across 4 rounds since 2020. One round did not disclose an amount, so the total is a floor. ### When did ILC Therapeutics last raise? ILC Therapeutics's most recent round was a Venture of $3.3M in Sept 2024. ### What was ILC Therapeutics's biggest round? ILC Therapeutics's largest round on record is $4.9M, in Sept 2021. ### Who backed ILC Therapeutics first? ILC Therapeutics's first round on record, in Dec 2020, was backed by Medical Incubator Japan K.K.. ### What stage is ILC Therapeutics at? ILC Therapeutics's latest named round is a Venture, in Sept 2024. ### Where is ILC Therapeutics based? ILC Therapeutics is based in the United Kingdom. ## Companies like ILC Therapeutics In the same sector, and raised in the last eighteen months. [**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Bactobio** $18M · Oct 2026](https://millionrounds.com/company/bactobio)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai) ## 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