# Magnitude Biosciences funding: rounds and investors

> Magnitude Biosciences has raised $4.0M across 3 rounds since 2022. Investors include Northstar Ventures, Innovate UK and Maven Ventures.

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

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

# Who invested in *Magnitude Biosciences*

3 rounds we have observed, with the 5 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.

AI Biotech Robotics

Raised 2 months ago

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Funding summary Updated 7 Nov 2026

**$4.0M** raised across 3 rounds since 2022, from 5 sources

**$1.3M** Round **$946K** Seed **$1.8M** Seed

- **Latest round:** Seed, $1.8M Sept 2026
- **Led by:** Northstar Ventures
- **Step-up i:** 1.9×
- **Investors:** 5 (1 led)

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.

2023 2024 2025 2026

**$1.3M** Round

**$946K** Seed

**$1.8M** Seed

- **First round:** Round, $1.3M
- **Biggest round:** $1.8M
- **Usual gap between rounds:** 2.5 years

## The rounds

- **Sept 2026** Seed **$1.8M** *3 new* *2 returning* [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) Lead [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Maven Ventures](https://millionrounds.com/fund/maven-ventures) [Finance Durham Fund](https://millionrounds.com/fund/finance-durham-fund) [NPIF II – Maven Equity Finance](https://millionrounds.com/fund/npif-ii-maven-equity-finance) Reported by EU-Startups and 2 others
- **May 2025** Seed **$946K** *2 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) Source recorded
- **Oct 2022** Round **$1.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Founders and team

From Magnitude Biosciences's own website: 5 on the team.

- **Dr. Fozia Saleem** CEO
- **Dr. Chris Saunter** CTO
- **Sara Leighton** COO
- **Derek McFerran** Non-Executive Director
- **Dr. Sally Waterman** Non-Executive Director

## 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** 2022 **Seed** 2025 **Seed** 2026 [Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) L [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Maven Ventures](https://millionrounds.com/fund/maven-ventures) [Finance Durham Fund](https://millionrounds.com/fund/finance-durham-fund) [NPIF II – Maven Equity Finance](https://millionrounds.com/fund/npif-ii-maven-equity-finance)

## Everyone who backed them

[Northstar Ventures](https://millionrounds.com/fund/northstar-ventures) VC firm **2** rounds, led 1

[Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **2** rounds

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

[Finance Durham Fund](https://millionrounds.com/fund/finance-durham-fund) VC firm **1** round

[NPIF II – Maven Equity Finance](https://millionrounds.com/fund/npif-ii-maven-equity-finance) VC firm **1** round

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

## Quick answers about Magnitude Biosciences

### Who invested in Magnitude Biosciences?

Magnitude Biosciences's investors include Northstar Ventures, Innovate UK, Maven Ventures, Finance Durham Fund and NPIF II – Maven Equity Finance. Northstar Ventures led its latest round.

### How much has Magnitude Biosciences raised?

Magnitude Biosciences has raised $4.0M across 3 rounds since 2022.

### When did Magnitude Biosciences last raise?

Magnitude Biosciences's most recent round was a Seed of $1.8M in Sept 2026, led by Northstar Ventures.

### What was Magnitude Biosciences's biggest round?

Its most recent round, $1.8M in Sept 2026, is also its largest on record.

### Who backed Magnitude Biosciences first?

Magnitude Biosciences's first round on record, in May 2025, was backed by Innovate UK and Northstar Ventures.

### What stage is Magnitude Biosciences at?

Magnitude Biosciences's latest named round is a Seed, in Sept 2026.

### Where is Magnitude Biosciences based?

Magnitude Biosciences is based in the United Kingdom.

### Who led Magnitude Biosciences's rounds?

Northstar Ventures led the Seed in 2026.

## Companies like Magnitude Biosciences

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**T-Therapeutics** $279M · Nov 2026](https://millionrounds.com/company/t-therapeutics)[**Alethio Therapeutics** $98M · Nov 2026](https://millionrounds.com/company/alethio-therapeutics)[**bit.bio** $264M · Nov 2026](https://millionrounds.com/company/bit-bio)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)

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