# Michelson Diagnostics funding: rounds and investors

> Michelson Diagnostics has raised $15M across 7 rounds since 2010. Investors include Octopus Ventures, Catapult Venture Managers and Octopus Investments.

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

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

# Who invested in *Michelson Diagnostics*

7 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.

Medical Devices

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$15M** raised across 7 rounds since 2010, from 7 sources

**$1.1M** Venture **$2.7M** Series A **$948K** Round **$3.3M** Series A **$2.8M** Series B **$3.0M** Round **$998K** Round

- **Latest round:** Round, $998K Oct 2025
- **Biggest round:** $3.3M Series A · Jan 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

**$1.1M** Venture

**$2.7M** Series A

**$948K** Round

**$3.3M** Series A

**$2.8M** Series B

**$3.0M** Round

**$998K** Round

- **First round:** Venture, $1.1M
- **Biggest round:** $3.3M
- **Usual gap between rounds:** 22 months

## The rounds

- **Oct 2025** Round **$998K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2022** Round **$3.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2015** Series B **$2.8M** *1 new* *1 returning* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Smith & Nephew](https://millionrounds.com/fund/smith-and-nephew) From a historical funding record
- **Jan 2014** Series A **$3.3M** *2 new* *1 returning* [Octopus Investments](https://millionrounds.com/fund/octopus-investments) [Catapult Venture Managers](https://millionrounds.com/fund/catapult-venture-managers) [London Business Angels](https://millionrounds.com/fund/london-business-angels) From a historical funding record
- **Mar 2012** Round **$948K** *2 new* *1 returning* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [EIS Angel Co-Investment](https://millionrounds.com/fund/newable) [Catapult Venture Managers](https://millionrounds.com/fund/catapult-venture-managers) Reported by finsmes.com
- **Oct 2010** Series A **$2.7M** *1 new* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) Reported by md-ltd.co.uk
- **Jan 2010** Venture **$1.1M** No investor was named in the report. Reported by fis.dowjones.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.

**Venture** 2010 **Series A** 2010 **Round** 2012 **Series A** 2014 **Series B** 2015 **Round** 2022 **Round** 2025 [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Catapult Venture Managers](https://millionrounds.com/fund/catapult-venture-managers) [Octopus Investments](https://millionrounds.com/fund/octopus-investments) [EIS Angel Co-Investment](https://millionrounds.com/fund/newable) [London Business Angels](https://millionrounds.com/fund/london-business-angels) [Smith & Nephew](https://millionrounds.com/fund/smith-and-nephew)

## Everyone who backed them

[Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) VC firm **3** rounds

[Catapult Venture Managers](https://millionrounds.com/fund/catapult-venture-managers) VC firm **2** rounds

[Octopus Investments](https://millionrounds.com/fund/octopus-investments) VC firm **1** round

[EIS Angel Co-Investment](https://millionrounds.com/fund/newable) Private equity **1** round

[London Business Angels](https://millionrounds.com/fund/london-business-angels) VC firm **1** round

[Smith & Nephew](https://millionrounds.com/fund/smith-and-nephew) Corporate VC **1** round

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

## Quick answers about Michelson Diagnostics

### Who invested in Michelson Diagnostics?

Michelson Diagnostics's investors include Octopus Ventures, Catapult Venture Managers, Octopus Investments, EIS Angel Co-Investment and London Business Angels, and 1 more on record.

### How much has Michelson Diagnostics raised?

Michelson Diagnostics has raised $15M across 7 rounds since 2010.

### When did Michelson Diagnostics last raise?

Michelson Diagnostics's most recent round, $998K, was in Oct 2025.

### What was Michelson Diagnostics's biggest round?

Michelson Diagnostics's largest round on record is $3.3M (Series A), in Jan 2014.

### Who backed Michelson Diagnostics first?

Michelson Diagnostics's first round on record, in Oct 2010, was backed by Octopus Ventures.

### What stage is Michelson Diagnostics at?

Michelson Diagnostics's latest named round is a Series B, in Feb 2015.

### Where is Michelson Diagnostics based?

Michelson Diagnostics is based in the United Kingdom.

## Companies like Michelson Diagnostics

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**Respiratory Analytics** $2.8M · Oct 2026](https://millionrounds.com/company/respiratory-analytics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Lucida Medical** $17M · Sept 2026](https://millionrounds.com/company/lucida-medical)[**Scan.com** $350M · Aug 2026](https://millionrounds.com/company/scan-com)

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