# Medherant funding: rounds and investors

> Medherant has raised $13M across 5 rounds since 2021. Investors include Innovate UK and Mercia Asset Management. Every round with its source.

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

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

# Who invested in *Medherant*

5 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.

Pharma

Funding summary Updated 26 Oct 2026

**$13M** raised across 5 rounds since 2021, from 5 sources

**$5.7M** Round **$3.6M** Venture **$620K** Round **$2.7M** Round **$685K** Round

- **Latest round:** Round, $685K Jun 2025
- **Biggest round:** $5.7M Round · May 2021
- **Investors:** 2

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.

2022 2023 2024 2025

**$5.7M** Round

**$3.6M** Venture

**$620K** Round

**$2.7M** Round

**$685K** Round

- **First round:** Round, $5.7M
- **Biggest round:** $5.7M
- **Usual gap between rounds:** 22 months

## The rounds

- **Jun 2025** Round **$685K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2025** Round **$2.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2025** Round **$620K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Apr 2023** Venture **$3.6M** *2 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) Source recorded
- **May 2021** Round **$5.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## 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** 2021 **Venture** 2023 **Round** 2025 **Round** 2025 **Round** 2025 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures)

## Everyone who backed them

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

[Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) VC firm **1** round

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

## Quick answers about Medherant

### Who invested in Medherant?

Medherant's investors include Innovate UK and Mercia Asset Management.

### How much has Medherant raised?

Medherant has raised $13M across 5 rounds since 2021.

### When did Medherant last raise?

Medherant's most recent round, $685K, was in Jun 2025.

### What was Medherant's biggest round?

Medherant's largest round on record is $5.7M, in May 2021.

### Who backed Medherant first?

Medherant's first round on record, in Apr 2023, was backed by Innovate UK and Mercia Asset Management.

### What stage is Medherant at?

Medherant's latest named round is a Venture, in Apr 2023.

### Where is Medherant based?

Medherant is based in the United Kingdom.

## Companies like Medherant

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

[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**MAXWELLIA** $9.6M · Sept 2026](https://millionrounds.com/company/maxwellia)[**FLIP THERAPEUTICS** $676K · Sept 2026](https://millionrounds.com/company/flip-therapeutics)[**ViaNautis** $52M · Sept 2026](https://millionrounds.com/company/vianautis)[**PhaSER Biomedical** $2.5M · Aug 2026](https://millionrounds.com/company/phaser-biomedical)

## Find investors like these

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