# Jellagen funding: rounds and investors

> Jellagen has raised $10M across 5 rounds since 2017. Investors include Innovate UK, Sting and Development Bank of Wales. Every round with its source.

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

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

# Who invested in *Jellagen*

5 rounds we have observed, with the 8 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 Healthtech

Raised 9 months ago

Funding summary Updated 26 Oct 2026

**$10M** raised across 5 rounds since 2017, from 5 sources

**$2.0M** Round **$7.4M** Round **$637K** Round

- **Latest round:** Venture Feb 2026
- **Biggest round:** $7.4M Round · Oct 2022
- **Investors:** 8

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.

2017 2019 2021 2023 2025

**?** Seed

**$2.0M** Round

**$7.4M** Round

**$637K** Round

**?** Venture

- **First round:** Seed
- **Biggest round:** $7.4M
- **Usual gap between rounds:** 2 years

## The rounds

- **Feb 2026** Venture **Amount undisclosed** *3 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Sting](https://millionrounds.com/fund/sting) [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) Source recorded
- **Jan 2024** Round **$637K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2022** Round **$7.4M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2022** Round **$2.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2017** Seed **Amount undisclosed** *5 new* [Finance Wales](https://millionrounds.com/fund/finance-wales) [London Business Angels](https://millionrounds.com/fund/london-business-angels) [Angels in MedCity](https://millionrounds.com/fund/angels-in-medcity) [Welsh Angel Network](https://millionrounds.com/fund/welsh-angel-network) [Xenos](https://millionrounds.com/fund/xenos) Reported by Firms' own news pages

## Funding filed with regulators

Jellagen filed 4 raises, $12M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Feb 2026 **$2.4M** UK share allotment
- Jan 2024 **$637K** UK share allotment
- Oct 2022 **$7.4M** UK share allotment
- Mar 2022 **$2.0M** UK share allotment

## Founders and team

From Jellagen's own website: 6 on the team.

- **Thomas-Paul Descamps** Chief Executive Officer
- **Oliver Schofield** Chief Financial Officer
- **Alex Picton** Head of Operations
- **Dr. Andy Weymann** Chairman
- **Maggie A. Pax** Non-Executive Director
- **Rhodri Allen** Quality Manager

Advisers *Dr Alex Pretsch* *Dr Mike Barbeck* *Dr Tim Morley FRCPath*

## 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.

**Seed** 2017 **Round** 2022 **Round** 2022 **Round** 2024 **Venture** 2026 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Sting](https://millionrounds.com/fund/sting) [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) [Finance Wales](https://millionrounds.com/fund/finance-wales) [London Business Angels](https://millionrounds.com/fund/london-business-angels) [Angels in MedCity](https://millionrounds.com/fund/angels-in-medcity) [Welsh Angel Network](https://millionrounds.com/fund/welsh-angel-network) [Xenos](https://millionrounds.com/fund/xenos)

## Everyone who backed them

[Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round

[Sting](https://millionrounds.com/fund/sting) VC firm **1** round

[Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) Government **1** round

[Finance Wales](https://millionrounds.com/fund/finance-wales) Investment firm **1** round

[London Business Angels](https://millionrounds.com/fund/london-business-angels) VC firm **1** round

[Angels in MedCity](https://millionrounds.com/fund/angels-in-medcity) VC firm **1** round

[Welsh Angel Network](https://millionrounds.com/fund/welsh-angel-network) VC firm **1** round

[Xenos](https://millionrounds.com/fund/xenos) VC firm **1** round

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

## Quick answers about Jellagen

### Who invested in Jellagen?

Jellagen's investors include Innovate UK, Sting, Development Bank of Wales, Finance Wales and London Business Angels, and 3 more on record.

### How much has Jellagen raised?

Jellagen has raised $10M across 5 rounds since 2017. 2 rounds did not disclose an amount, so the total is a floor.

### When did Jellagen last raise?

Jellagen's most recent round was a Venture in Feb 2026.

### What was Jellagen's biggest round?

Jellagen's largest round on record is $7.4M, in Oct 2022.

### Who backed Jellagen first?

Jellagen's first round on record, in Mar 2017, was backed by Finance Wales, London Business Angels and Angels in MedCity and 2 others.

### What stage is Jellagen at?

Jellagen's latest named round is a Venture, in Feb 2026.

### Where is Jellagen based?

Jellagen is based in the United Kingdom.

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