# Pneumagen funding: rounds and investors

> Pneumagen has raised $10M across 1 round since 2023. Investors include Scottish Enterprise. Every round with its source.

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

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

# Who invested in *Pneumagen*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

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Funding summary Updated 27 Oct 2026

**$10M** raised across 1 round since 2023, from 1 source

- **Latest round:** Venture, $10M Jun 2023
- **Investors:** 1

See who backed them

## The rounds

- **Jun 2023** Venture **$10M** [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Source recorded

## Founders and team

From Pneumagen's own website: 3 on the team.

- **Alkistis Milioni** Project MANAGER
- **Claire Rothnie** CLINICAL Project MANAGER
- **Douglas Thomson** Non-Executive Director

## Everyone who backed them

[Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **1** round

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

## Quick answers about Pneumagen

### Who invested in Pneumagen?

Pneumagen's investors include Scottish Enterprise.

### How much has Pneumagen raised?

Pneumagen has raised $10M across 1 round since 2023.

### When did Pneumagen last raise?

Pneumagen's most recent round was a Venture of $10M in Jun 2023.

### What was Pneumagen's biggest round?

Its most recent round, $10M in Jun 2023, is also its largest on record.

### Who backed Pneumagen first?

Pneumagen's first round on record, in Jun 2023, was backed by Scottish Enterprise.

### What stage is Pneumagen at?

Pneumagen's latest named round is a Venture, in Jun 2023.

### Where is Pneumagen based?

Pneumagen is based in the United Kingdom.

## Companies like Pneumagen

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)[**Aptadir Therapeutics** $47M · Sept 2026](https://millionrounds.com/company/aptadir-therapeutics)

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