# Thalia Design Automation funding: rounds and investors > Thalia Design Automation has raised $6.2M across 5 rounds since 2019. Investors include Development Bank of Wales, Deepbridge Capital and Mercia Asset... Source: https://millionrounds.com/company/thalia-design-automation (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Venture startup](https://millionrounds.com/companies) # Who invested in *Thalia Design Automation* 5 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. Hardware & Electronics Manufacturing Raised 7 months ago Funding summary Updated 26 Oct 2026 **$6.2M** raised across 5 rounds since 2019, from 5 sources **$2.0M** Round **$414K** Round **$2.7M** Venture **$591K** Round **$507K** Round - **Latest round:** Round, $507K Apr 2026 - **Biggest round:** $2.7M Venture · Jul 2023 - **Investors:** 4 (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. 2019 2020 2021 2022 2023 2024 2025 2026 **$2.0M** Round **$414K** Round **$2.7M** Venture **$591K** Round **$507K** Round - **First round:** Round, $2.0M - **Biggest round:** $2.7M - **Usual gap between rounds:** 2.3 years ## The rounds - **Apr 2026** Round **$507K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Oct 2025** Round **$591K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Jul 2023** Venture **$2.7M** *2 new* *1 returning* [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) Source recorded - **Apr 2021** Round **$414K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Jun 2019** Round **$2.0M** *2 new* [Deepbridge Capital](https://millionrounds.com/fund/deepbridge-capital) Lead [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) Reported by FinSMEs ## Funding filed with regulators Thalia Design Automation filed 5 raises, $3.3M in all. Filings say how much was sold and to how many investors; they never name the investors. - Apr 2026 **$336K** UK share allotment - Apr 2026 **$171K** UK share allotment - Oct 2025 **$591K** UK share allotment - Jun 2023 **$1.8M** UK share allotment - Apr 2021 **$414K** UK share allotment ## Founders and team From Thalia Design Automation's own website: 1 founder, 6 on the team. **Sowmyan Rajagopalan** Founder and CEO - **Tim O’Connell** CFO - **Awadh Pandey** Director of Engineering - **David Blake** Board Director - **Dr. Tinkle Jain** Director - **Ron Black** Board Director - **Rupert Baines** Chairman Advisers *Kavé Kianush* ## 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** 2019 **Round** 2021 **Venture** 2023 **Round** 2025 **Round** 2026 [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) [Deepbridge Capital](https://millionrounds.com/fund/deepbridge-capital) L [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) [Mercia Tech](https://millionrounds.com/fund/mercia-tech) ## Everyone who backed them [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) Government **2** rounds [Deepbridge Capital](https://millionrounds.com/fund/deepbridge-capital) VC firm **1** round, led 1 [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) VC firm **1** round [Mercia Tech](https://millionrounds.com/fund/mercia-tech) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=thalia-design-automation). ## Quick answers about Thalia Design Automation ### Who invested in Thalia Design Automation? Thalia Design Automation's investors include Development Bank of Wales, Deepbridge Capital, Mercia Asset Management and Mercia Tech. ### How much has Thalia Design Automation raised? Thalia Design Automation has raised $6.2M across 5 rounds since 2019. ### When did Thalia Design Automation last raise? Thalia Design Automation's most recent round, $507K, was in Apr 2026. ### What was Thalia Design Automation's biggest round? Thalia Design Automation's largest round on record is $2.7M (Venture), in Jul 2023. ### Who backed Thalia Design Automation first? Thalia Design Automation's first round on record, in Jun 2019, was backed by Deepbridge Capital and Development Bank of Wales. ### What stage is Thalia Design Automation at? Thalia Design Automation's latest named round is a Venture, in Jul 2023. ### Where is Thalia Design Automation based? Thalia Design Automation is based in the United Kingdom. ### Who led Thalia Design Automation's rounds? Deepbridge Capital led the Undisclosed round in 2019. ## Companies like Thalia Design Automation In the same sector, and raised in the last eighteen months. 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