# NovalGen funding: rounds and investors

> NovalGen has raised $15M across 6 rounds since 2021. Every round with its source.

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

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

# Who invested in *NovalGen*

6 rounds we have observed, with the 0 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

Raised 9 months ago

Follow NovalGen and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fnovalgen)

Funding summary Updated 31 Oct 2026

**$15M** raised across 6 rounds since 2021, from 6 sources

**$2.8M** Series A **$7.8M** Series A **$1.2M** Series A **$2.0M** Round **$806K** Round **$134K** Round

- **Latest round:** Round, $134K Jan 2026
- **Biggest round:** $7.8M Series A · Aug 2022
- **Investors:** 0

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 2026

**$2.8M** Series A

**$7.8M** Series A

**$1.2M** Series A

**$2.0M** Round

**$806K** Round

**$134K** Round

- **First round:** Series A, $2.8M
- **Biggest round:** $7.8M
- **Usual gap between rounds:** 6 months

## The rounds

- **Jan 2026** Round **$134K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2025** Round **$806K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2025** Round **$2.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2024** Series A **$1.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2022** Series A **$7.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2021** Series A **$2.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

NovalGen filed 25 raises, $15M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2026 **$134K** UK share allotment
- Oct 2025 **$133K** UK share allotment
- Oct 2025 **$134K** UK share allotment
- Sept 2025 **$169K** UK share allotment
- Sept 2025 **$169K** UK share allotment
- Aug 2025 **$202K** UK share allotment
- Jun 2025 **$343K** UK share allotment
- May 2025 **$539K** UK share allotment
- Apr 2025 **$401K** UK share allotment
- Mar 2025 **$259K** UK share allotment
- Feb 2025 **$504K** UK share allotment
- Nov 2024 **$1.2M** UK share allotment
- Jul 2023 **$412K** UK share allotment
- Jun 2023 **$410K** UK share allotment
- May 2023 **$498K** UK share allotment
- May 2023 **$398K** UK share allotment
- Mar 2023 **$392K** UK share allotment
- Feb 2023 **$598K** UK share allotment
- Dec 2022 **$872K** UK share allotment
- Nov 2022 **$850K** UK share allotment
- Oct 2022 **$810K** UK share allotment
- Sept 2022 **$823K** UK share allotment
- Aug 2022 **$868K** UK share allotment
- Aug 2022 **$902K** UK share allotment
- Sept 2021 **$2.8M** UK share allotment

## Founders and team

From NovalGen's own website: 1 founder, 12 on the team.

**Professor Amit Nathwani** Founder & CEO

- **Dr Kieran O’Donovan** COO & CTO
- **Dr David Granger** VP R&D
- **Alexander Boches** Finance Director
- **Bharat Thakrar** Director
- **Dr Laurent Fischer** Chairman
- **Dr Simon Goldman** Director
- **Dr Vincent Muczynski** Director Biology
- **Nitin Shah** Finance Director
- **Professor David Venables** Director
- **Professor Mike Owen** Director
- **Samit Hathi** Director
- **Scott Clarke** Director

## Also claim to have backed them

This firm lists NovalGen as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[AlbionVC](https://millionrounds.com/fund/albionvc) VC firm Per its own site

## Quick answers about NovalGen

### How much has NovalGen raised?

NovalGen has raised $15M across 6 rounds since 2021.

### When did NovalGen last raise?

NovalGen's most recent round, $134K, was in Jan 2026.

### What was NovalGen's biggest round?

NovalGen's largest round on record is $7.8M (Series A), in Aug 2022.

### What stage is NovalGen at?

NovalGen's latest named round is a Series A, in Nov 2024.

### Where is NovalGen based?

NovalGen is based in the United Kingdom.

## Companies like NovalGen

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

[**SAVA** $21M · Oct 2026](https://millionrounds.com/company/sava)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Bactobio** $18M · Oct 2026](https://millionrounds.com/company/bactobio)

## 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
