# Ternary Therapeutics funding: rounds and investors

> Ternary Therapeutics has raised $9.1M across 3 rounds since 2024. Investors include Daphni. Every round with its source.

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

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

# Who invested in *Ternary Therapeutics*

3 rounds we have observed, with the one investor 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.

Big Data & Analytics

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$9.1M** raised across 3 rounds since 2024, from 3 sources

**$649K** Pre-seed **$3.7M** Seed **$4.8M** Seed

- **Latest round:** Seed, $4.8M Mar 2026
- **Step-up i:** 1.3×
- **Investors:** 1

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 2026

**$649K** Pre-seed

**$3.7M** Seed

**$4.8M** Seed

- **First round:** Pre-seed, $649K
- **Biggest round:** $4.8M
- **Usual gap between rounds:** 8 months

## The rounds

- **Mar 2026** Seed **$4.8M** *1 new* [Daphni](https://millionrounds.com/fund/daphni) Source recorded
- **Jun 2025** Seed **$3.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2024** Pre-seed **$649K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Ternary Therapeutics filed 3 raises, $5.3M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2026 **$1.0M** UK share allotment
- Jun 2025 **$3.7M** UK share allotment
- Nov 2024 **$649K** UK share allotment

## Founders and team

From Ternary Therapeutics's own website: 2 founders, 1 on the team.

**Chris Tame** CEO & Co-Founder

**Andrew Potterton** CTO & Co-Founder

- **Ian Taylor** Board Member

## Everyone who backed them

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

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

## Quick answers about Ternary Therapeutics

### Who invested in Ternary Therapeutics?

Ternary Therapeutics's investors include Daphni.

### How much has Ternary Therapeutics raised?

Ternary Therapeutics has raised $9.1M across 3 rounds since 2024.

### When did Ternary Therapeutics last raise?

Ternary Therapeutics's most recent round was a Seed of $4.8M in Mar 2026.

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

Its most recent round, $4.8M in Mar 2026, is also its largest on record.

### Who backed Ternary Therapeutics first?

Ternary Therapeutics's first round on record, in Mar 2026, was backed by Daphni.

### What stage is Ternary Therapeutics at?

Ternary Therapeutics's latest named round is a Seed, in Mar 2026.

### Where is Ternary Therapeutics based?

Ternary Therapeutics is based in the United Kingdom.

## Companies like Ternary Therapeutics

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)[**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)

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