United Kingdom · Pre-seed startup

Who invested in Literal Labs

2 rounds we have observed, with the 3 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.

Semiconductors

Funding summaryUpdated 26 Oct 2026

$11Mraised across 2 rounds since 2024, from 2 sources

$5.2MRound$6.2MPre-seed
Latest round
Pre-seed, $6.2MJun 2025
Step-upi
1.2×
Investors
3
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.

2025
$5.2MRound$6.2MPre-seed
First round
Round, $5.2M
Dec 2024
Biggest round
$6.2M
Pre-seed · Jun 2025
Between rounds
5 months
from the last two

The rounds

  1. Jun 2025
    Pre-seed$6.2M3 new

    Source recorded

  2. Dec 2024
    Round$5.2M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

Funding filed with regulators

Literal Labs filed 3 raises, $5.8M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jun 2025$677KUK share allotment
  2. Jan 2025$334KUK share allotment
  3. Dec 2024$4.8MUK share allotment

Founders and team

From Literal Labs's own website: 2 founders, 7 on the team.

Professor Alex YakovlevCo-founder
Professor Rishad ShafikCo-founder
  • Noel HurleyChief Executive Officer
  • Leon FeddenChief Technology Officer
  • Mike ParkChief Financial Officer
  • Daniel P DykesHead of Product
  • Jem DaviesNon-Executive Director
  • Jim DarraghNon-Executive Chairman
  • Professor Ole-Christoffer GranmoTechnical Steering Committee, Chair

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.

Everyone who backed them

Mercuri VCVC firm1round
Northern GritstoneVC firm1round

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

Also claim to have backed them

This firm lists Literal Labs 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.

Dhuna VenturesVC firmPer its own site

Quick answers about Literal Labs

Who invested in Literal Labs?

Literal Labs's investors include Mercuri VC, Northern Gritstone and Sure Valley Ventures.

How much has Literal Labs raised?

Literal Labs has raised $11M across 2 rounds since 2024.

When did Literal Labs last raise?

Literal Labs's most recent round was a Pre-seed of $6.2M in Jun 2025.

What was Literal Labs's biggest round?

Its most recent round, $6.2M in Jun 2025, is also its largest on record.

Who backed Literal Labs first?

Literal Labs's first round on record, in Jun 2025, was backed by Mercuri VC, Northern Gritstone and Sure Valley Ventures.

What stage is Literal Labs at?

Literal Labs's latest named round is a Pre-seed, in Jun 2025.

Where is Literal Labs based?

Literal Labs is based in the United Kingdom.

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