# Quell Therapeutics funding: rounds and investors

> Quell Therapeutics has raised $274M across 4 rounds since 2019. Investors include Syncona, Fidelity and Janus Henderson Investors. Every round with its source.

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

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

# Who invested in *Quell Therapeutics*

4 rounds we have observed, with the 6 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 Healthcare

Funding summary Updated 26 Oct 2026

**$274M** raised across 4 rounds since 2019, from 4 sources

**$35M** Series A **$156M** Series B **$58M** Series B **$25M** Series B

- **Latest round:** Series B, $25M Jun 2023
- **Biggest round:** $156M Series B · Nov 2021
- **Investors:** 6 (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

**$35M** Series A

**$156M** Series B

**$58M** Series B

**$25M** Series B

- **First round:** Series A, $35M
- **Biggest round:** $156M
- **Usual gap between rounds:** 14 months

## The rounds

- **Jun 2023** Series B **$25M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2022** Series B **$58M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2021** Series B **$156M** *4 new* [Fidelity](https://millionrounds.com/fund/fidelity) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [SV Health Investors](https://millionrounds.com/fund/sv-health-investors) [Point72](https://millionrounds.com/fund/point72) Reported by UCL Technology Fund
- **May 2019** Series A **$35M** *2 new* [Syncona](https://millionrounds.com/fund/syncona-limited) Lead [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) Reported by FinSMEs

## Funding filed with regulators

Quell Therapeutics filed 2 raises, $83M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2023 **$25M** UK share allotment
- Mar 2022 **$58M** 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 B** 2021 **Series B** 2022 **Series B** 2023 [Syncona](https://millionrounds.com/fund/syncona-limited) L [Fidelity](https://millionrounds.com/fund/fidelity) [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) [SV Health Investors](https://millionrounds.com/fund/sv-health-investors) [Point72](https://millionrounds.com/fund/point72) [UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund)

## Everyone who backed them

[Syncona](https://millionrounds.com/fund/syncona-limited) VC firm **1** round, led 1

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) Private equity **1** round

[SV Health Investors](https://millionrounds.com/fund/sv-health-investors) VC firm **1** round

[Point72](https://millionrounds.com/fund/point72) Hedge fund **1** round

[UCL Technology Fund](https://millionrounds.com/fund/ucl-technology-fund) VC firm **1** round

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

## Quick answers about Quell Therapeutics

### Who invested in Quell Therapeutics?

Quell Therapeutics's investors include Syncona, Fidelity, Janus Henderson Investors, SV Health Investors and Point72, and 1 more on record.

### How much has Quell Therapeutics raised?

Quell Therapeutics has raised $274M across 4 rounds since 2019.

### When did Quell Therapeutics last raise?

Quell Therapeutics's most recent round was a Series B of $25M in Jun 2023.

### What was Quell Therapeutics's biggest round?

Quell Therapeutics's largest round on record is $156M (Series B), in Nov 2021.

### Who backed Quell Therapeutics first?

Quell Therapeutics's first round on record, in May 2019, was backed by Syncona and UCL Technology Fund.

### What stage is Quell Therapeutics at?

Quell Therapeutics's latest named round is a Series B, in Jun 2023.

### Where is Quell Therapeutics based?

Quell Therapeutics is based in the United Kingdom.

### Who led Quell Therapeutics's rounds?

Syncona led the Series A in 2019.

## Companies like Quell Therapeutics

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)

## Find investors like these

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