# PBD Biotech funding: rounds and investors

> PBD Biotech has raised $3.0M across 2 rounds since 2021. Investors include Foresight Group, Midlands Engine Investment Fund and Mercia Tech.

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

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

# Who invested in *PBD Biotech*

2 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

Funding summary Updated 26 Oct 2026

**$3.0M** raised across 2 rounds since 2021, from 2 sources

**$279K** Round **$2.7M** Venture

- **Latest round:** Venture, $2.7M Oct 2022
- **Step-up i:** 9.7×
- **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.

2022

**$279K** Round

**$2.7M** Venture

- **First round:** Round, $279K
- **Biggest round:** $2.7M
- **Between rounds:** 19 months

## The rounds

- **Oct 2022** Venture **$2.7M** *3 new* [Foresight Group](https://millionrounds.com/fund/foresight-group) [Midlands Engine Investment Fund](https://millionrounds.com/fund/the-midlands-engine-investment-fund) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) Source recorded
- **Feb 2021** Round **$279K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

PBD Biotech filed 2 raises, $5.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Sept 2022 **$5.4M** UK share allotment
- Feb 2021 **$279K** 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.

**Round** 2021 **Venture** 2022 [Foresight Group](https://millionrounds.com/fund/foresight-group) [Midlands Engine Investment Fund](https://millionrounds.com/fund/the-midlands-engine-investment-fund) [Mercia Tech](https://millionrounds.com/fund/mercia-tech)

## Everyone who backed them

[Foresight Group](https://millionrounds.com/fund/foresight-group) Private equity **1** round

[Midlands Engine Investment Fund](https://millionrounds.com/fund/the-midlands-engine-investment-fund) VC firm **1** round

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

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

## Quick answers about PBD Biotech

### Who invested in PBD Biotech?

PBD Biotech's investors include Foresight Group, Midlands Engine Investment Fund and Mercia Tech.

### How much has PBD Biotech raised?

PBD Biotech has raised $3.0M across 2 rounds since 2021.

### When did PBD Biotech last raise?

PBD Biotech's most recent round was a Venture of $2.7M in Oct 2022.

### What was PBD Biotech's biggest round?

Its most recent round, $2.7M in Oct 2022, is also its largest on record.

### Who backed PBD Biotech first?

PBD Biotech's first round on record, in Oct 2022, was backed by Foresight Group, Midlands Engine Investment Fund and Mercia Tech.

### What stage is PBD Biotech at?

PBD Biotech's latest named round is a Venture, in Oct 2022.

### Where is PBD Biotech based?

PBD Biotech is based in the United Kingdom.

## Companies like PBD Biotech

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)

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