# SCI Semiconductor funding: rounds and investors

> SCI Semiconductor has raised $13M across 3 rounds since 2025. Investors include Mercia Asset Management, PXN Ventures and Black Opal Ventures.

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

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

# Who invested in *SCI Semiconductor*

3 rounds we have observed, with the 4 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.

Cybersecurity Hardware & Electronics Semiconductors

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$13M** raised across 3 rounds since 2025, from 3 sources

**$3.4M** Seed **$3.2M** Round **$6.8M** Seed

- **Latest round:** Seed, $6.8M Sept 2026
- **Led by:** Mercia Asset Management and PXN Ventures
- **Step-up i:** 2.1×
- **Investors:** 4 (2 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.

2026

**$3.4M** Seed

**$3.2M** Round

**$6.8M** Seed

- **First round:** Seed, $3.4M
- **Biggest round:** $6.8M
- **Usual gap between rounds:** 11 months

## The rounds

- **Sept 2026** Seed **$6.8M** *3 new* *1 returning* [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) Lead [PXN Ventures](https://millionrounds.com/fund/pxn-ventures) Lead [Black Opal Ventures](https://millionrounds.com/fund/black-opal-ventures) [Osney Capital](https://millionrounds.com/fund/osney-capital) Reported by Mercia Asset Management
- **Apr 2026** Round **$3.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2025** Seed **$3.4M** *1 new* [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) Lead Reported by Silicon Canals

## Funding filed with regulators

SCI Semiconductor filed 2 raises, $6.1M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$2.9M** UK share allotment
- Apr 2026 **$3.2M** UK share allotment

## Founders and team

From SCI Semiconductor's own website: 2 founders, 1 on the team.

**Haydn Povey** Founder & CEO

**Krishna Anne** Co-founder & US Operations

- **Andy Frame** VP Marketing & Product

## 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** 2025 **Round** 2026 **Seed** 2026 [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) L L [PXN Ventures](https://millionrounds.com/fund/pxn-ventures) L [Black Opal Ventures](https://millionrounds.com/fund/black-opal-ventures) [Osney Capital](https://millionrounds.com/fund/osney-capital)

## Everyone who backed them

[Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) VC firm **2** rounds, led 2

[PXN Ventures](https://millionrounds.com/fund/pxn-ventures) VC firm **1** round, led 1

[Black Opal Ventures](https://millionrounds.com/fund/black-opal-ventures) VC firm **1** round

[Osney Capital](https://millionrounds.com/fund/osney-capital) VC firm **1** round

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

## Quick answers about SCI Semiconductor

### Who invested in SCI Semiconductor?

SCI Semiconductor's investors include Mercia Asset Management, PXN Ventures, Black Opal Ventures and Osney Capital. Mercia Asset Management led its latest round.

### How much has SCI Semiconductor raised?

SCI Semiconductor has raised $13M across 3 rounds since 2025.

### When did SCI Semiconductor last raise?

SCI Semiconductor's most recent round was a Seed of $6.8M in Sept 2026, led by Mercia Asset Management.

### What was SCI Semiconductor's biggest round?

Its most recent round, $6.8M in Sept 2026, is also its largest on record.

### Who backed SCI Semiconductor first?

SCI Semiconductor's first round on record, in May 2025, was backed by Mercia Asset Management.

### What stage is SCI Semiconductor at?

SCI Semiconductor's latest named round is a Seed, in Sept 2026.

### Where is SCI Semiconductor based?

SCI Semiconductor is based in the United Kingdom.

### Who led SCI Semiconductor's rounds?

Mercia Asset Management led the Seed in 2025.

## Companies like SCI Semiconductor

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

[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Fractile** $960M · Oct 2026](https://millionrounds.com/company/fractile)[**Circuit Mind** $25M · Oct 2026](https://millionrounds.com/company/circuit-mind)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**mOm Incubators** $191M · Oct 2026](https://millionrounds.com/company/mom-incubators)

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