# Pact funding: rounds and investors > Pact has raised $24M across 3 rounds since 2013. Investors include Connect Ventures, Rowan Gormley and HV Capital. Every round with its source. Source: https://millionrounds.com/company/pact (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series A startup](https://millionrounds.com/companies) # Who invested in *Pact* 3 rounds we have observed, with the 9 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 Funding summary Updated 26 Oct 2026 **$24M** raised across 3 rounds since 2013, from 3 sources **$3.4M** Series A **$21M** Series A - **Latest round:** Series A, $21M Oct 2025 - **Step-up i:** 6.3× - **Investors:** 9 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. 2013 2015 2017 2019 2021 2023 2025 **?** Seed **$3.4M** Series A **$21M** Series A - **First round:** Seed - **Biggest round:** $21M - **Usual gap between rounds:** 11.2 years ## The rounds - **Oct 2025** Series A **$21M** *3 new* [HV Capital](https://millionrounds.com/fund/hv-capital) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Hoxton Ventures](https://millionrounds.com/fund/hoxton-ventures) Source recorded - **Aug 2014** Series A **$3.4M** *3 new* *2 returning* [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) [Connect Ventures](https://millionrounds.com/fund/connect-ventures) [Robin Klein](https://millionrounds.com/fund/robin-klein) [Rowan Gormley](https://millionrounds.com/fund/rowan-gormley) [Ian Hogarth](https://millionrounds.com/fund/ian-hogarth) From a historical funding record - **Mar 2013** Seed **Amount undisclosed** *3 new* [Connect Ventures](https://millionrounds.com/fund/connect-ventures) [Rowan Gormley](https://millionrounds.com/fund/rowan-gormley) Ian West Reported by finsmes.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. **Seed** 2013 **Series A** 2014 **Series A** 2025 [Connect Ventures](https://millionrounds.com/fund/connect-ventures) [Rowan Gormley](https://millionrounds.com/fund/rowan-gormley) [HV Capital](https://millionrounds.com/fund/hv-capital) [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Hoxton Ventures](https://millionrounds.com/fund/hoxton-ventures) [Robin Klein](https://millionrounds.com/fund/robin-klein) [Ian Hogarth](https://millionrounds.com/fund/ian-hogarth) Ian West ## Everyone who backed them [Connect Ventures](https://millionrounds.com/fund/connect-ventures) VC firm **2** rounds [Rowan Gormley](https://millionrounds.com/fund/rowan-gormley) Angel **2** rounds [HV Capital](https://millionrounds.com/fund/hv-capital) VC firm **1** round [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) VC firm **1** round [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Private equity **1** round [Hoxton Ventures](https://millionrounds.com/fund/hoxton-ventures) Angel network **1** round [Robin Klein](https://millionrounds.com/fund/robin-klein) Angel **1** round [Ian Hogarth](https://millionrounds.com/fund/ian-hogarth) Angel **1** round Ian West no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pact). ## Quick answers about Pact ### Who invested in Pact? Pact's investors include Connect Ventures, Rowan Gormley, HV Capital, MMC Ventures and Forbion Capital Partners, and 4 more on record. ### How much has Pact raised? Pact has raised $24M across 3 rounds since 2013. One round did not disclose an amount, so the total is a floor. ### When did Pact last raise? Pact's most recent round was a Series A of $21M in Oct 2025. ### What was Pact's biggest round? Its most recent round, $21M in Oct 2025, is also its largest on record. ### Who backed Pact first? Pact's first round on record, in Mar 2013, was backed by Connect Ventures, Rowan Gormley and Ian West. ### What stage is Pact at? Pact's latest named round is a Series A, in Oct 2025. ### Where is Pact based? Pact is based in the United Kingdom. ## Companies like Pact In the same sector, and raised in the last eighteen months. [**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)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai) ## 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