# MedAnnex funding: rounds and investors

> MedAnnex has raised $22M across 8 rounds since 2019. Investors include Morningside Ventures. Every round with its source.

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

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

# Who invested in *MedAnnex*

8 rounds we have observed, with the one investor 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 Healthcare

Raised 3 months ago

Funding summary Updated 26 Oct 2026

**$22M** raised across 8 rounds since 2019, from 8 sources

**$14M** Round **$879K** Round **$1.2M** Round **$1.8M** Round **$2.1M** Round **$746K** Round **$1.5M** Round **$466K** Round

- **Latest round:** Round, $466K Jul 2026
- **Biggest round:** $14M Round · Sept 2019
- **Investors:** 1

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.

2020 2021 2022 2023 2024 2025 2026

**$14M** Round

**$879K** Round

**$1.2M** Round

**$1.8M** Round

**$2.1M** Round

**$746K** Round

**$1.5M** Round

**$466K** Round

- **First round:** Round, $14M
- **Biggest round:** $14M
- **Usual gap between rounds:** 9 months

## The rounds

- **Jul 2026** Round **$466K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2025** Round **$1.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2025** Round **$746K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2024** Round **$2.1M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Apr 2024** Round **$1.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2024** Round **$1.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2022** Round **$879K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2019** Round **$14M** *1 new* [Morningside Ventures](https://millionrounds.com/fund/morningside-ventures) Reported by Heraldscotland

## Funding filed with regulators

MedAnnex filed 17 raises, $8.6M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2026 **$466K** UK share allotment
- Dec 2025 **$611K** UK share allotment
- Nov 2025 **$428K** UK share allotment
- Oct 2025 **$472K** UK share allotment
- Jul 2025 **$746K** UK share allotment
- Apr 2025 **$384K** UK share allotment
- Apr 2025 **$143K** UK share allotment
- Feb 2025 **$142K** UK share allotment
- Jan 2025 **$260K** UK share allotment
- Dec 2024 **$140K** UK share allotment
- Nov 2024 **$139K** UK share allotment
- Oct 2024 **$193K** UK share allotment
- Sept 2024 **$661K** UK share allotment
- May 2024 **$1.2M** UK share allotment
- Apr 2024 **$561K** UK share allotment
- Jan 2024 **$1.2M** UK share allotment
- Oct 2022 **$879K** UK share allotment

## Founders and team

From MedAnnex's own website: 10 on the team.

- **Ian Abercrombie** Chief Executive Officer
- **Dr Lisa Yule** Head of Regulatory
- **Colin Tennant** Project Director
- **Delia Herrington** Finance Manager
- **Dr Fiona Dempsey** Director of Scientific Operations
- **Dr Henry Hays** Project Manager
- **James Ingham** Operations Director
- **Jen McDowall** Office Manager
- **Prof Christopher Wood** Executive Chairman
- **Scott Crichton** Scientific Affairs Manager

## Everyone who backed them

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

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

## Quick answers about MedAnnex

### Who invested in MedAnnex?

MedAnnex's investors include Morningside Ventures.

### How much has MedAnnex raised?

MedAnnex has raised $22M across 8 rounds since 2019.

### When did MedAnnex last raise?

MedAnnex's most recent round, $466K, was in Jul 2026.

### What was MedAnnex's biggest round?

MedAnnex's largest round on record is $14M (Undisclosed round), in Sept 2019.

### Who backed MedAnnex first?

MedAnnex's first round on record, in Sept 2019, was backed by Morningside Ventures.

### What stage is MedAnnex at?

MedAnnex's latest named round is an Undisclosed round, in Sept 2019.

### Where is MedAnnex based?

MedAnnex is based in the United Kingdom.

## Companies like MedAnnex

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)

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