# Trogenix funding: rounds and investors > Trogenix has raised $55M across 4 rounds since 2024. Investors include IQ Capital. Every round with its source. Source: https://millionrounds.com/company/trogenix (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Seed startup](https://millionrounds.com/companies) # Who invested in *Trogenix* 4 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. Biotech Funding summary Updated 26 Oct 2026 **$55M** raised across 4 rounds since 2024, from 4 sources **$19M** Seed **$11M** Seed **$743K** Seed **$24M** Round - **Latest round:** Round, $24M Oct 2025 - **Step-up i:** 32.9× - **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. 2024 2025 **$19M** Seed **$11M** Seed **$743K** Seed **$24M** Round - **First round:** Seed, $19M - **Biggest round:** $24M - **Usual gap between rounds:** 7 months ## The rounds - **Oct 2025** Round **$24M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Dec 2024** Seed **$743K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2024** Seed **$11M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Jan 2024** Seed **$19M** *1 new* [IQ Capital](https://millionrounds.com/fund/iq-capital) Source recorded ## Funding filed with regulators Trogenix filed 5 raises, $40M in all. Filings say how much was sold and to how many investors; they never name the investors. - Oct 2025 **$19M** UK share allotment - Oct 2025 **$5.6M** UK share allotment - Dec 2024 **$743K** UK share allotment - Aug 2024 **$11M** UK share allotment - Feb 2024 **$4.4M** UK share allotment ## Founders and team From Trogenix's own website: 1 founder, 4 on the team. **Prof. Steve Pollard** Chief Scientific Officer and Founder - **Dr. Ken Macnamara** Chief Executive Officer - **Dr. Juan Manuel Iglesias** Chief Technology Officer - **Tay Salimullah** Chief Strategy Officer and Board Member - **Dr. Dima Kuzmin** Chairman ## Everyone who backed them [IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=trogenix). ## Also claim to have backed them This firm lists Trogenix as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [AIN Ventures](https://millionrounds.com/fund/ain-ventures) VC firm Per its own site ## Quick answers about Trogenix ### Who invested in Trogenix? Trogenix's investors include IQ Capital. ### How much has Trogenix raised? Trogenix has raised $55M across 4 rounds since 2024. ### When did Trogenix last raise? Trogenix's most recent round, $24M, was in Oct 2025. ### What was Trogenix's biggest round? Its most recent round, $24M in Oct 2025, is also its largest on record. ### Who backed Trogenix first? Trogenix's first round on record, in Jan 2024, was backed by IQ Capital. ### What stage is Trogenix at? Trogenix's latest named round is a Seed, in Dec 2024. ### Where is Trogenix based? Trogenix is based in the United Kingdom. ## Companies like Trogenix 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