# Maxion Therapeutics funding: rounds and investors

> Maxion Therapeutics has raised $91M across 2 rounds since 2023. Investors include General Catalyst, Innovate UK and Business Growth Fund.

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

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

# Who invested in *Maxion Therapeutics*

2 rounds we have observed, with the 4 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.

IT Services

Funding summary Updated 26 Oct 2026

**$91M** raised across 2 rounds since 2023, from 2 sources

**$16M** Round **$75M** Series A

- **Latest round:** Series A, $75M Mar 2025
- **Step-up i:** 4.7×
- **Investors:** 4

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

**$16M** Round

**$75M** Series A

- **First round:** Round, $16M
- **Biggest round:** $75M
- **Between rounds:** 2.1 years

## The rounds

- **Mar 2025** Series A **$75M** *4 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Eli Lilly](https://millionrounds.com/fund/eli-lilly) Source recorded
- **Feb 2023** Round **$16M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Maxion Therapeutics filed 3 raises, $91M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2025 **$75M** UK share allotment
- Feb 2023 **$16M** UK share allotment
- Feb 2023 **$185K** UK share allotment

## Founders and team

From Maxion Therapeutics's own website: 4 on the team.

- **Dr Sohaib Mir** Non-Executive Director
- **Dr Tim Funnell** Non-Executive Director
- **Elena Viboch** Non-Executive Director
- **Eva-Lotta Allan** Independent 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.

**Round** 2023 **Series A** 2025 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Eli Lilly](https://millionrounds.com/fund/eli-lilly)

## Everyone who backed them

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

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

[Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **1** round

[Eli Lilly](https://millionrounds.com/fund/eli-lilly) Corporate VC **1** round

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

## Also claim to have backed them

This firm lists Maxion 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.

[LifeArc Ventures](https://millionrounds.com/fund/lifearc-ventures) VC firm Per its own site

## Quick answers about Maxion Therapeutics

### Who invested in Maxion Therapeutics?

Maxion Therapeutics's investors include General Catalyst, Innovate UK, Business Growth Fund and Eli Lilly.

### How much has Maxion Therapeutics raised?

Maxion Therapeutics has raised $91M across 2 rounds since 2023.

### When did Maxion Therapeutics last raise?

Maxion Therapeutics's most recent round was a Series A of $75M in Mar 2025.

### What was Maxion Therapeutics's biggest round?

Its most recent round, $75M in Mar 2025, is also its largest on record.

### Who backed Maxion Therapeutics first?

Maxion Therapeutics's first round on record, in Mar 2025, was backed by General Catalyst, Innovate UK and Business Growth Fund and 1 others.

### What stage is Maxion Therapeutics at?

Maxion Therapeutics's latest named round is a Series A, in Mar 2025.

### Where is Maxion Therapeutics based?

Maxion Therapeutics is based in the United Kingdom.

## Companies like Maxion Therapeutics

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

[**Atlian** $933K · Oct 2026](https://millionrounds.com/company/atlian)[**Nuuri** $1.1M · Sept 2026](https://millionrounds.com/company/nuuri)[**SmartyPlants** $461K · Sept 2026](https://millionrounds.com/company/smartyplants)[**InTouchNow** $3.1M · Sept 2026](https://millionrounds.com/company/intouchnow)[**Vitaspan** $976K · Sept 2026](https://millionrounds.com/company/vitaspan)[**Universal Quantum** $101M · Sept 2026](https://millionrounds.com/company/universal-quantum)

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