# Optellum funding: rounds and investors

> Optellum has raised $30M across 6 rounds since 2019. Investors include IQ Capital, Mercia Tech and Luminous Ventures. Every round with its source.

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

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

# Who invested in *Optellum*

6 rounds we have observed, with the 3 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

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$30M** raised across 6 rounds since 2019, from 6 sources

**$1.3M** Seed **$14M** Series A **$7.2M** Round **$1.9M** Round **$5.7M** Round **$136K** Round

- **Latest round:** Round, $136K Mar 2026
- **Biggest round:** $14M Series A · Sept 2022
- **Investors:** 3

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.

2020 2021 2022 2023 2024 2025 2026

**$1.3M** Seed

**$14M** Series A

**$7.2M** Round

**$1.9M** Round

**$5.7M** Round

**$136K** Round

- **First round:** Seed, $1.3M
- **Biggest round:** $14M
- **Usual gap between rounds:** 5 months

## The rounds

- **Mar 2026** Round **$136K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2025** Round **$5.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2025** Round **$1.9M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2025** Round **$7.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2022** Series A **$14M** *2 new* [IQ Capital](https://millionrounds.com/fund/iq-capital) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) Source recorded
- **Jul 2019** Seed **$1.3M** *1 new* [Luminous Ventures](https://millionrounds.com/fund/luminous-ventures-2) Reported by Tech.eu

## Funding filed with regulators

Optellum filed 8 raises, $34M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2026 **$136K** UK share allotment
- Dec 2025 **$148K** UK share allotment
- Nov 2025 **$5.6M** UK share allotment
- Jul 2025 **$1.9M** UK share allotment
- Mar 2025 **$7.2M** UK share allotment
- Sept 2022 **$2.1M** UK share allotment
- Sept 2022 **$2.3M** UK share allotment
- Sept 2022 **$14M** UK share allotment

## 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.

**Seed** 2019 **Series A** 2022 **Round** 2025 **Round** 2025 **Round** 2025 **Round** 2026 [IQ Capital](https://millionrounds.com/fund/iq-capital) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) [Luminous Ventures](https://millionrounds.com/fund/luminous-ventures-2)

## Everyone who backed them

[IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **1** round

[Mercia Tech](https://millionrounds.com/fund/mercia-tech) VC firm **1** round

[Luminous Ventures](https://millionrounds.com/fund/luminous-ventures-2) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Optellum as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Intuitive Ventures](https://millionrounds.com/fund/intuitive-ventures) Accelerator Per its own site

[Luminous Ventures](https://millionrounds.com/fund/luminous-ventures) VC firm Per its own site

## Quick answers about Optellum

### Who invested in Optellum?

Optellum's investors include IQ Capital, Mercia Tech and Luminous Ventures.

### How much has Optellum raised?

Optellum has raised $30M across 6 rounds since 2019.

### When did Optellum last raise?

Optellum's most recent round, $136K, was in Mar 2026.

### What was Optellum's biggest round?

Optellum's largest round on record is $14M (Series A), in Sept 2022.

### Who backed Optellum first?

Optellum's first round on record, in Jul 2019, was backed by Luminous Ventures.

### What stage is Optellum at?

Optellum's latest named round is a Series A, in Sept 2022.

### Where is Optellum based?

Optellum is based in the United Kingdom.

## Companies like Optellum

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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