# MGB Biopharma funding: rounds and investors

> MGB Biopharma has raised $12M across 4 rounds since 2010. Investors include Archangels, TRICAPITAL and Barwell Plc. Every round with its source.

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

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

# Who invested in *MGB Biopharma*

4 rounds we have observed, with the 6 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.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$12M** raised across 4 rounds since 2010, from 4 sources

**$3.0M** Series A **$2.2M** Grant **$6.4M** Series B **$336K** Round

- **Latest round:** Round, $336K Aug 2024
- **Biggest round:** $6.4M Series B · Sept 2014
- **Investors:** 6

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.

2010 2012 2014 2016 2018 2020 2022 2024

**$3.0M** Series A

**$2.2M** Grant

**$6.4M** Series B

**$336K** Round

- **First round:** Series A, $3.0M
- **Biggest round:** $6.4M
- **Usual gap between rounds:** 4.2 years

## The rounds

- **Aug 2024** Round **$336K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2014** Series B **$6.4M** *1 new* *3 returning* [Scottish Investment Bank](https://millionrounds.com/fund/scottish-investment-bank) [Archangels](https://millionrounds.com/fund/archangels) [TRICAPITAL](https://millionrounds.com/fund/tricapital-angels-limited) [Barwell Plc](https://millionrounds.com/fund/barwell-plc) From a historical funding record
- **Jun 2014** Grant **$2.2M** *1 new* [Technology Strategy Board](https://millionrounds.com/fund/technology-strategy-board) From a historical funding record
- **Mar 2010** Series A **$3.0M** *4 new* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Archangels](https://millionrounds.com/fund/archangels) [TRICAPITAL](https://millionrounds.com/fund/tricapital-angels-limited) [Barwell Plc](https://millionrounds.com/fund/barwell-plc) Reported by mgb-biopharma.com

## 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.

**Series A** 2010 **Grant** 2014 **Series B** 2014 **Round** 2024 [Archangels](https://millionrounds.com/fund/archangels) [TRICAPITAL](https://millionrounds.com/fund/tricapital-angels-limited) [Barwell Plc](https://millionrounds.com/fund/barwell-plc) [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Scottish Investment Bank](https://millionrounds.com/fund/scottish-investment-bank) [Technology Strategy Board](https://millionrounds.com/fund/technology-strategy-board)

## Everyone who backed them

[Archangels](https://millionrounds.com/fund/archangels) Angel network **2** rounds

[TRICAPITAL](https://millionrounds.com/fund/tricapital-angels-limited) Angel network **2** rounds

[Barwell Plc](https://millionrounds.com/fund/barwell-plc) VC firm **2** rounds

[Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round

[Scottish Investment Bank](https://millionrounds.com/fund/scottish-investment-bank) Investment firm **1** round

[Technology Strategy Board](https://millionrounds.com/fund/technology-strategy-board) VC firm **1** round

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

## Quick answers about MGB Biopharma

### Who invested in MGB Biopharma?

MGB Biopharma's investors include Archangels, TRICAPITAL, Barwell Plc, Scottish Enterprise and Scottish Investment Bank, and 1 more on record.

### How much has MGB Biopharma raised?

MGB Biopharma has raised $12M across 4 rounds since 2010.

### When did MGB Biopharma last raise?

MGB Biopharma's most recent round, $336K, was in Aug 2024.

### What was MGB Biopharma's biggest round?

MGB Biopharma's largest round on record is $6.4M (Series B), in Sept 2014.

### Who backed MGB Biopharma first?

MGB Biopharma's first round on record, in Mar 2010, was backed by Scottish Enterprise, Archangels and TRICAPITAL and 1 others.

### What stage is MGB Biopharma at?

MGB Biopharma's latest named round is a Series B, in Sept 2014.

### Where is MGB Biopharma based?

MGB Biopharma is based in the United Kingdom.

## Companies like MGB Biopharma

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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