# Tendertec funding: rounds and investors

> Tendertec has raised $2.3M across 2 rounds since 2024. Investors include Development Bank of Wales and UK Research and Innovation. Every round with its source.

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

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

# Who invested in *Tendertec*

2 rounds we have observed, with the 2 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.

AI

Funding summary Updated 26 Oct 2026

**$2.3M** raised across 2 rounds since 2024, from 2 sources

**$1.8M** Round **$564K** Seed

- **Latest round:** Seed, $564K Jun 2024
- **Biggest round:** $1.8M Round · Jan 2024
- **Investors:** 2

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.

2025

**$1.8M** Round

**$564K** Seed

- **First round:** Round, $1.8M
- **Biggest round:** $1.8M
- **Between rounds:** 4 months

## The rounds

- **Jun 2024** Seed **$564K** *2 new* [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) [UK Research and Innovation](https://millionrounds.com/fund/uk-research-and-innovation) Source recorded
- **Jan 2024** Round **$1.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Tendertec filed one raise, $1.8M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2024 **$1.8M** 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** 2024 **Seed** 2024 [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) [UK Research and Innovation](https://millionrounds.com/fund/uk-research-and-innovation)

## Everyone who backed them

[Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) Government **1** round

[UK Research and Innovation](https://millionrounds.com/fund/uk-research-and-innovation) VC firm **1** round

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

## Quick answers about Tendertec

### Who invested in Tendertec?

Tendertec's investors include Development Bank of Wales and UK Research and Innovation.

### How much has Tendertec raised?

Tendertec has raised $2.3M across 2 rounds since 2024.

### When did Tendertec last raise?

Tendertec's most recent round was a Seed of $564K in Jun 2024.

### What was Tendertec's biggest round?

Tendertec's largest round on record is $1.8M, in Jan 2024.

### Who backed Tendertec first?

Tendertec's first round on record, in Jun 2024, was backed by Development Bank of Wales and UK Research and Innovation.

### What stage is Tendertec at?

Tendertec's latest named round is a Seed, in Jun 2024.

### Where is Tendertec based?

Tendertec is based in the United Kingdom.

## Companies like Tendertec

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

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)

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