# Mindgard funding: rounds and investors

> Mindgard has raised $38M across 2 rounds since 2024. Investors include Lakestar, IQ Capital and 406 Ventures. Every round with its source.

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

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

# Who invested in *Mindgard*

2 rounds we have observed, with the 5 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.

AI

Raised 3 months ago

Funding summary Updated 26 Oct 2026

**$38M** raised across 2 rounds since 2024, from 2 sources

**$8.2M** Venture **$30M** Series A

- **Latest round:** Series A, $30M Aug 2026
- **Step-up i:** 3.7×
- **Investors:** 5

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.

2025 2026

**$8.2M** Venture

**$30M** Series A

- **First round:** Venture, $8.2M
- **Biggest round:** $30M
- **Between rounds:** 20 months

## The rounds

- **Aug 2026** Series A **$30M** *1 new* *3 returning* [Lakestar](https://millionrounds.com/fund/lakestar) [IQ Capital](https://millionrounds.com/fund/iq-capital) [406 Ventures](https://millionrounds.com/fund/406-ventures) [Album VC](https://millionrounds.com/fund/album) Source recorded
- **Dec 2024** Venture **$8.2M** *4 new* [Lakestar](https://millionrounds.com/fund/lakestar) [IQ Capital](https://millionrounds.com/fund/iq-capital) [406 Ventures](https://millionrounds.com/fund/406-ventures) [Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) Source recorded

## Founders and team

From Mindgard's own website: 1 founder, 6 on the team.

**Dr. Peter Garraghan** Chief Science Officer and Founder

- **James Brear** Chief Executive Officer
- **Aaron Portnoy** Chief Product Officer
- **Fergal Glynn** Chief Marketing Officer
- **Key Milestones** Chief Marketing Officer
- **Rich Smith** VP of Research
- **Sasha Polishchuk** VP Engineering

## 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** 2024 **Series A** 2026 [Lakestar](https://millionrounds.com/fund/lakestar) [IQ Capital](https://millionrounds.com/fund/iq-capital) [406 Ventures](https://millionrounds.com/fund/406-ventures) [Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) [Album VC](https://millionrounds.com/fund/album)

## Everyone who backed them

[Lakestar](https://millionrounds.com/fund/lakestar) VC firm **2** rounds

[IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **2** rounds

[406 Ventures](https://millionrounds.com/fund/406-ventures) VC firm **2** rounds

[Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) VC firm **1** round

[Album VC](https://millionrounds.com/fund/album) VC firm **1** round

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

## Quick answers about Mindgard

### Who invested in Mindgard?

Mindgard's investors include Lakestar, IQ Capital, 406 Ventures, Atlantic Bridge and Album VC.

### How much has Mindgard raised?

Mindgard has raised $38M across 2 rounds since 2024.

### When did Mindgard last raise?

Mindgard's most recent round was a Series A of $30M in Aug 2026.

### What was Mindgard's biggest round?

Its most recent round, $30M in Aug 2026, is also its largest on record.

### Who backed Mindgard first?

Mindgard's first round on record, in Dec 2024, was backed by Lakestar, IQ Capital and 406 Ventures and 1 others.

### What stage is Mindgard at?

Mindgard's latest named round is a Series A, in Aug 2026.

### Where is Mindgard based?

Mindgard is based in the United Kingdom.

## Companies like Mindgard

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

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app