# Matalan funding: rounds and investors

> Matalan has raised $106M across 2 rounds since 2022. Investors include Bantry Bay and NAP. Every round with its source.

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

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

# Who invested in *Matalan*

2 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.

Fashion Retail

Funding summary Updated 26 Oct 2026

**$106M** raised across 2 rounds since 2022, from 2 sources

**$73M** Debt **$34M** Seed

- **Latest round:** Seed, $34M Apr 2025
- **Biggest round:** $73M Debt · Jul 2022
- **Investors:** 2 (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

**$73M** Debt

**$34M** Seed

- **First round:** Debt, $73M
- **Biggest round:** $73M
- **Between rounds:** 2.8 years

## The rounds

- **Apr 2025** Seed **$34M** *1 new* [NAP](https://millionrounds.com/fund/nap) Source recorded
- **Jul 2022** Debt **$73M** *1 new* [Bantry Bay](https://millionrounds.com/fund/bantry-bay) Lead Reported by Firms' own news pages

## 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.

**Debt** 2022 **Seed** 2025 [Bantry Bay](https://millionrounds.com/fund/bantry-bay) L [NAP](https://millionrounds.com/fund/nap)

## Everyone who backed them

[Bantry Bay](https://millionrounds.com/fund/bantry-bay) Investment firm **1** round, led 1

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

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

## Quick answers about Matalan

### Who invested in Matalan?

Matalan's investors include Bantry Bay and NAP.

### How much has Matalan raised?

Matalan has raised $106M across 2 rounds since 2022.

### When did Matalan last raise?

Matalan's most recent round was a Seed of $34M in Apr 2025.

### What was Matalan's biggest round?

Matalan's largest round on record is $73M (Debt), in Jul 2022, led by Bantry Bay.

### Who backed Matalan first?

Matalan's first round on record, in Jul 2022, was backed by Bantry Bay.

### What stage is Matalan at?

Matalan's latest named round is a Seed, in Apr 2025.

### Where is Matalan based?

Matalan is based in the United Kingdom.

### Who led Matalan's rounds?

Bantry Bay led the Debt in 2022.

## Companies like Matalan

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

[**MishiPay** $20M · Jul 2026](https://millionrounds.com/company/mishipay)[**Castore** $306M · May 2026](https://millionrounds.com/company/castore)[**Flax London** $442K · Apr 2026](https://millionrounds.com/company/flax-london)[**HoxtonAi** Apr 2026](https://millionrounds.com/company/hoxtonai)[**Gozney** $19M · Apr 2026](https://millionrounds.com/company/gozney)[**Hosel** $673K · Mar 2026](https://millionrounds.com/company/hosel)

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