United Kingdom · Series E startup

Who invested in Owlstone Medical

6 rounds we have observed, with the 7 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.

BiotechHealthcareHealthtechMedical Devices

Funding summaryUpdated 26 Oct 2026

$153Mraised across 6 rounds since 2017, from 7 sources

$11MRound$15MRound$35MRound$58MRound$6.5MRound$27MSeries E
Latest round
Series E, $27MJan 2025
Led by
Ventura Capital
Biggest round
$58MRound · Aug 2021
Step-upi
4.2×
Investors
7 (1 led)
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.

20172019202120232025
$11MRound$15MRound$35MRound$58MRound$6.5MRound$27MSeries E
First round
Round, $11M
Jan 2017
Biggest round
$58M
Round · Aug 2021
Usual gap between rounds
14 months
the median of 5

The rounds

  1. Jan 2025
    Series E$27M3 new1 returning

    Reported by Firms' own news pages and 1 other

  2. Apr 2024
    Round$6.5M1 new

    Reported by Firms' own news pages

  3. Aug 2021
    Round$58M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  4. Oct 2018
    Round$35M2 new
    • Foxco
    • Horizons Ventures/ Ventura

    Reported by Businessweekly

  5. Mar 2018
    Round$15M1 new
    • Horizons Ventures/ Aviva

    Reported by FinSMEs

  6. Jan 2017
    Round$11M

    No investor was named in the report.

    Reported by FinSMEs

Funding filed with regulators

Owlstone Medical filed 5 raises, $88M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. May 2025$1.6MUK share allotment
  2. Mar 2025$1.4MUK share allotment
  3. Jan 2025$27MUK share allotment
  4. Aug 2021$23MUK share allotment
  5. Aug 2021$35MUK share allotment

Founders and team

From Owlstone Medical's own website: 2 founders, 22 on the team.

Billy BoyleCo-Founder and CEO
David Ruiz-AlonsoCo-Founder and COO
  • Mark CaponeCEO at Precision Medicine Advisors
  • Dr Max AllsworthChief Science Officer
  • Neil TweenChief Financial Officer
  • Dr Matthew HartVP of Chemical Protection
  • Dr. Russell ParrisVP of R&D Science
  • Elizabeth CroneHead of Business Development
  • Julia GreenwoodVP Programme – Research Products and Services
  • Kevin ChalmersVP Engineering & Operations
  • Lauren BrownHead of Operational Capability
  • Olga GandelmanHead of Hepatology
  • Pam LauderHead of Finance
  • Robert McCarthyVP Programme – Point of Care
  • Veronika Koenig-RoachHead of Legal
  • Andrea BowyerQuality Assurance Officer
  • Dr Doug WrightMedical Director Aviva
  • Emily ManningAssociate Project Manager
  • Joshua BatesSenior Systems Engineer
  • Luke CartwrightPrincipal Analytical Scientist

And 4 more on the team.

AdvisersDr Marc van der ScheeDr. Alan BoobisDr. Patrick M. Bossuyt

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.

Round2017Round2018Round2018Round2021Round2024Series E2025Gates FoundationVentura CapitalLHorizons VenturesAviva VenturesFoxcoHorizons Ventures/ AvivaHorizons Ventures/ Ventura

Everyone who backed them

Gates FoundationInstitutional LP2rounds
Ventura CapitalGrowth equity1round, led 1
Horizons VenturesVC firm1round
Aviva VenturesVC firm1round
Foxcono record of our own yet1round
Horizons Ventures/ Avivano record of our own yet1round
Horizons Ventures/ Venturano record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Owlstone Medical 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.

LifeX VenturesVC firmPer its own site
Vault investmentsPrivate equityPer its own site

Quick answers about Owlstone Medical

Who invested in Owlstone Medical?

Owlstone Medical's investors include Gates Foundation, Ventura Capital, Horizons Ventures, Aviva Ventures and Foxco, and 2 more on record. Ventura Capital led its latest round.

How much has Owlstone Medical raised?

Owlstone Medical has raised $153M across 6 rounds since 2017.

When did Owlstone Medical last raise?

Owlstone Medical's most recent round was a Series E of $27M in Jan 2025, led by Ventura Capital.

What was Owlstone Medical's biggest round?

Owlstone Medical's largest round on record is $58M, in Aug 2021.

Who backed Owlstone Medical first?

Owlstone Medical's first round on record, in Mar 2018, was backed by Horizons Ventures/ Aviva.

What stage is Owlstone Medical at?

Owlstone Medical's latest named round is a Series E, in Jan 2025.

Where is Owlstone Medical based?

Owlstone Medical is based in the United Kingdom.

Who led Owlstone Medical's rounds?

Ventura Capital led the Series E in 2025.

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