# Theolytics funding: rounds and investors > Theolytics has raised $48M across 6 rounds since 2021. Investors include Innovate UK and Oxford Science Enterprises. Every round with its source. Source: https://millionrounds.com/company/theolytics (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Funded startup](https://millionrounds.com/companies) # Who invested in *Theolytics* 6 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. Biotech Raised 8 months ago Funding summary Updated 26 Oct 2026 **$48M** raised across 6 rounds since 2021, from 6 sources **$348K** Series A **$17M** Series A **$4.1M** Series A **$9.6M** Series A **$7.1M** Series A **$9.3M** Grant - **Latest round:** Grant, $9.3M Mar 2026 - **Biggest round:** $17M Series A · Aug 2023 - **Step-up i:** 1.3× - **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. 2022 2023 2024 2025 2026 **$348K** Series A **$17M** Series A **$4.1M** Series A **$9.6M** Series A **$7.1M** Series A **$9.3M** Grant - **First round:** Series A, $348K - **Biggest round:** $17M - **Usual gap between rounds:** 7 months ## The rounds - **Mar 2026** Grant **$9.3M** *2 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) Source recorded - **Dec 2024** Series A **$7.1M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2024** Series A **$9.6M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Apr 2024** Series A **$4.1M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2023** Series A **$17M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2021** Series A **$348K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators Theolytics filed 5 raises, $38M in all. Filings say how much was sold and to how many investors; they never name the investors. - Dec 2024 **$7.1M** UK share allotment - Aug 2024 **$9.6M** UK share allotment - Apr 2024 **$4.1M** UK share allotment - Aug 2023 **$17M** UK share allotment - Aug 2021 **$348K** UK share allotment ## Founders and team From Theolytics's own website: 1 founder, 1 on the team. **Margaret Duffy** CSO and Co-Founder - **Luke Harris** Head of Finance ## 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** 2021 **Series A** 2023 **Series A** 2024 **Series A** 2024 **Series A** 2024 **Grant** 2026 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) ## Everyone who backed them [Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round [Oxford Science Enterprises](https://millionrounds.com/fund/oxford-science-enterprises) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=theolytics). ## Also claim to have backed them These 2 firms list Theolytics as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Epidarex Capital](https://millionrounds.com/fund/epidarex-capital) VC firm Per its own site [Taiho Ventures](https://millionrounds.com/fund/taiho-ventures) Corporate VC Per its own site ## Quick answers about Theolytics ### Who invested in Theolytics? Theolytics's investors include Innovate UK and Oxford Science Enterprises. ### How much has Theolytics raised? Theolytics has raised $48M across 6 rounds since 2021. ### When did Theolytics last raise? Theolytics's most recent round was a Grant of $9.3M in Mar 2026. ### What was Theolytics's biggest round? Theolytics's largest round on record is $17M (Series A), in Aug 2023. ### Who backed Theolytics first? Theolytics's first round on record, in Mar 2026, was backed by Innovate UK and Oxford Science Enterprises. ### What stage is Theolytics at? Theolytics's latest named round is a Grant, in Mar 2026. ### Where is Theolytics based? Theolytics is based in the United Kingdom. ## Companies like Theolytics In the same sector, and raised in the last eighteen months. [**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Bactobio** $18M · Oct 2026](https://millionrounds.com/company/bactobio)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app