# Paragraf funding: rounds and investors

> Paragraf has raised $76M across 3 rounds since 2019. Investors include Amadeus Capital Partners, Parkwalk and IQ Capital. Every round with its source.

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

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

# Who invested in *Paragraf*

3 rounds we have observed, with the 14 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.

Chemicals & Materials Manufacturing

Funding summary Updated 26 Oct 2026

**$76M** raised across 3 rounds since 2019, from 5 sources

**$16M** Series A **$4.6M** Series A **$55M** Series C

- **Latest round:** Series C, $55M Aug 2025
- **Step-up i:** 12×
- **Investors:** 14 (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.

2020 2021 2022 2023 2024 2025

**$16M** Series A

**$4.6M** Series A

**$55M** Series C

- **First round:** Series A, $16M
- **Biggest round:** $55M
- **Usual gap between rounds:** 5.7 years

## The rounds

- **Aug 2025** Series C **$55M** *8 new* *2 returning* [IQ Capital](https://millionrounds.com/fund/iq-capital) [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) [Mubadala](https://millionrounds.com/fund/mubadala) [Molten Ventures](https://millionrounds.com/fund/molten-ventures) [New Science Venture](https://millionrounds.com/fund/new-science-ventures) [Open Field Capital](https://millionrounds.com/fund/open-field-capital) [British Patient Capital](https://millionrounds.com/fund/british-patient-capital) [Martlet Capital](https://millionrounds.com/fund/martlet) [Cambridge University](https://millionrounds.com/fund/cambridge-university) [IQTI LLC](https://millionrounds.com/fund/iqti-llc) Reported by Firms' own news pages and 2 others
- **Dec 2019** Series A **$4.6M** *2 new* *3 returning* [Parkwalk](https://millionrounds.com/fund/parkwalk) Lead [IQ Capital](https://millionrounds.com/fund/iq-capital) [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [University of Cambridge Enterprise](https://millionrounds.com/fund/cambridge-enterprise) Reported by FinSMEs
- **Jul 2019** Series A **$16M** *4 new* [Parkwalk](https://millionrounds.com/fund/parkwalk) Lead [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) [University of Cambridge Enterprise](https://millionrounds.com/fund/cambridge-enterprise) IQ Capital Partners Reported by FinSMEs

## Funding filed with regulators

Paragraf filed 9 raises, $108M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2026 **$5.4M** UK share allotment
- Mar 2026 **$2.4M** UK share allotment
- Feb 2026 **$5.5M** UK share allotment
- Jul 2025 **$22M** UK share allotment
- Nov 2024 **$2.5M** UK share allotment
- Jul 2024 **$9.2M** UK share allotment
- Feb 2024 **$5.5M** UK share allotment
- Feb 2022 **$54M** UK share allotment
- Dec 2021 **$2.0M** 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.

**Series A** 2019 **Series A** 2019 **Series C** 2025 [Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) [Parkwalk](https://millionrounds.com/fund/parkwalk) L L [IQ Capital](https://millionrounds.com/fund/iq-capital) [University of Cambridge Enterprise](https://millionrounds.com/fund/cambridge-enterprise) [Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) [Mubadala](https://millionrounds.com/fund/mubadala) [Molten Ventures](https://millionrounds.com/fund/molten-ventures) [New Science Venture](https://millionrounds.com/fund/new-science-ventures) [Open Field Capital](https://millionrounds.com/fund/open-field-capital) [British Patient Capital](https://millionrounds.com/fund/british-patient-capital)

## Everyone who backed them

[Amadeus Capital Partners](https://millionrounds.com/fund/amadeus-capital-partners) VC firm **3** rounds

[Parkwalk](https://millionrounds.com/fund/parkwalk) VC firm **2** rounds, led 2

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

[University of Cambridge Enterprise](https://millionrounds.com/fund/cambridge-enterprise) VC firm **2** rounds

[Draper Esprit](https://millionrounds.com/fund/draper-esprit-plc) VC firm **1** round

[Mubadala](https://millionrounds.com/fund/mubadala) Private equity **1** round

[Molten Ventures](https://millionrounds.com/fund/molten-ventures) VC firm **1** round

[New Science Venture](https://millionrounds.com/fund/new-science-ventures) VC firm **1** round

[Open Field Capital](https://millionrounds.com/fund/open-field-capital) VC firm **1** round

[British Patient Capital](https://millionrounds.com/fund/british-patient-capital) Fund of funds **1** round

[Martlet Capital](https://millionrounds.com/fund/martlet) VC firm **1** round

[Cambridge University](https://millionrounds.com/fund/cambridge-university) Growth equity **1** round

[IQTI LLC](https://millionrounds.com/fund/iqti-llc) Growth equity **1** round

IQ Capital Partners 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=paragraf).

## Also claim to have backed them

These 4 firms list Paragraf 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.

[Cambridge Angels](https://millionrounds.com/fund/cambridge-angels) Angel network Per its own site

[EMV Capital](https://millionrounds.com/fund/emv-capital-plc) VC firm Per its own site

[NetScientific PLC](https://millionrounds.com/fund/netscientific-plc) VC firm Per its own site

[Khronos Holdings Ltd](https://millionrounds.com/fund/khronos-holdings-ltd) Company Per its own site

## Quick answers about Paragraf

### Who invested in Paragraf?

Paragraf's investors include Amadeus Capital Partners, Parkwalk, IQ Capital, University of Cambridge Enterprise and Draper Esprit, and 9 more on record.

### How much has Paragraf raised?

Paragraf has raised $76M across 3 rounds since 2019.

### When did Paragraf last raise?

Paragraf's most recent round was a Series C of $55M in Aug 2025.

### What was Paragraf's biggest round?

Its most recent round, $55M in Aug 2025, is also its largest on record.

### Who backed Paragraf first?

Paragraf's first round on record, in Jul 2019, was backed by Parkwalk, Amadeus Capital Partners and University of Cambridge Enterprise and 1 others.

### What stage is Paragraf at?

Paragraf's latest named round is a Series C, in Aug 2025.

### Where is Paragraf based?

Paragraf is based in the United Kingdom.

### Who led Paragraf's rounds?

Parkwalk led the Series A in 2019.

## Companies like Paragraf

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

[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**Extend Robotics** $4.7M · Oct 2026](https://millionrounds.com/company/extend-robotics)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**Eterna Regeneratives** $4.0M · Sept 2026](https://millionrounds.com/company/eterna-regeneratives)

## Find investors like these

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