# Tropic Biosciences funding: rounds and investors > Tropic Biosciences has raised $175M across 4 rounds since 2018. Investors include Polaris Partners, Temasek Holdings and IQ Capital. Source: https://millionrounds.com/company/tropic-biosciences (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series C startup](https://millionrounds.com/companies) # Who invested in *Tropic Biosciences* 4 rounds we have observed, with the 10 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. Agtech Raised 8 months ago Funding summary Updated 26 Oct 2026 **$175M** raised across 4 rounds since 2018, from 4 sources **$10M** Series A **$253K** Round **$60M** Series B **$105M** Series C - **Latest round:** Series C, $105M Mar 2026 - **Step-up i:** 1.8× - **Investors:** 10 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. 2018 2020 2022 2024 2026 **$10M** Series A **$253K** Round **$60M** Series B **$105M** Series C - **First round:** Series A, $10M - **Biggest round:** $105M - **Usual gap between rounds:** 20 months ## The rounds - **Mar 2026** Series C **$105M** *5 new* [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [Temasek Holdings](https://millionrounds.com/fund/temasek) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) Source recorded - **Aug 2025** Series B **$60M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Dec 2023** Round **$253K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Jun 2018** Series A **$10M** *5 new* [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) [Bits x Bites](https://millionrounds.com/fund/bits-x-bites) [Aliment Capital](https://millionrounds.com/fund/pontifax-global-food-and-agriculture-technology-fund-lp) Five Seasons Ventures/ Tekfen Midven-RSF Reported by FinSMEs ## Funding filed with regulators Tropic Biosciences filed 4 raises, $512M in all. Filings say how much was sold and to how many investors; they never name the investors. - Mar 2026 **$1.8M** UK share allotment - Aug 2025 **$60M** UK share allotment - Dec 2023 **$253K** UK share allotment - Feb 2023 **$450M** UK share allotment ## Founders and team From Tropic Biosciences's own website: 20 on the team. - **Andrew Dominy** Chief Legal Officer - **Eyal Maori** Chief Development Officer - **Gilad M. Gershon** Chief Technology Officer - **Jack Peart** Chief Operating Officer - **Karen Marklew** Chief Financial Officer - **Victoria Lawrence** Chief People Officer - **Mark Williams** VP Product Management - **Angela Chaparro** Associate Director Finance & Accounting - **Ben Belldegrun** Non-Executive Director - **Duncan Ribbons** Director of Strategic Delivery - **Emma Gripton** Associate Director, Technology Sales and Commercial Partnerships - **Erez Vigodman** Non-Executive Director - **Joy Faucher** Non-Executive Director - **Mihir Kekre** Associate Director Business Development - **Niccolo Manzoni** Non-Executive Director - **Nico Sawyer** Associate Director Technology Development and Research - **Nicole Ward** Associate Director of Rice Product Development - **Philip Zegerman** Associate Director Technology Development and Research And 2 more on the team. Advisers *Barbara J. Mazur* *David Lawrence* *Paul Teng* *Sir David Baulcombe* *Vincent Pétiard* ## 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** 2018 **Round** 2023 **Series B** 2025 **Series C** 2026 [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [Temasek Holdings](https://millionrounds.com/fund/temasek) [IQ Capital](https://millionrounds.com/fund/iq-capital) [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) [Bits x Bites](https://millionrounds.com/fund/bits-x-bites) [Aliment Capital](https://millionrounds.com/fund/pontifax-global-food-and-agriculture-technology-fund-lp) Five Seasons Ventures/ Tekfen Midven-RSF ## Everyone who backed them [Polaris Partners](https://millionrounds.com/fund/polaris-partners) VC firm **1** round [Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round [IQ Capital](https://millionrounds.com/fund/iq-capital) VC firm **1** round [Forbion Capital Partners](https://millionrounds.com/fund/forbion-capital-partners) Private equity **1** round [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) VC firm **1** round [Emerald Technology Ventures](https://millionrounds.com/fund/emerald-technology-ventures) VC firm **1** round [Bits x Bites](https://millionrounds.com/fund/bits-x-bites) VC firm **1** round [Aliment Capital](https://millionrounds.com/fund/pontifax-global-food-and-agriculture-technology-fund-lp) VC firm **1** round Five Seasons Ventures/ Tekfen no record of our own yet **1** round Midven-RSF no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tropic-biosciences). ## Also claim to have backed them These 4 firms list Tropic Biosciences 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. [Presidio Ventures](https://millionrounds.com/fund/presidio-ventures) Corporate VC Per its own site [UK Innovation & Science Seed Fund [UKI2S]](https://millionrounds.com/fund/uk-innovation-and-science-seed-fund) VC firm Per its own site [Agronomics](https://millionrounds.com/fund/agronomics-limited) VC firm Per its own site [Genoa Ventures](https://millionrounds.com/fund/genoa-ventures) VC firm Per its own site ## Quick answers about Tropic Biosciences ### Who invested in Tropic Biosciences? Tropic Biosciences's investors include Polaris Partners, Temasek Holdings, IQ Capital, Forbion Capital Partners and Future Planet Capital, and 5 more on record. ### How much has Tropic Biosciences raised? Tropic Biosciences has raised $175M across 4 rounds since 2018. ### When did Tropic Biosciences last raise? Tropic Biosciences's most recent round was a Series C of $105M in Mar 2026. ### What was Tropic Biosciences's biggest round? Its most recent round, $105M in Mar 2026, is also its largest on record. ### Who backed Tropic Biosciences first? Tropic Biosciences's first round on record, in Jun 2018, was backed by Emerald Technology Ventures, Bits x Bites and Aliment Capital and 2 others. ### What stage is Tropic Biosciences at? Tropic Biosciences's latest named round is a Series C, in Mar 2026. ### Where is Tropic Biosciences based? Tropic Biosciences is based in the United Kingdom. ## Companies like Tropic Biosciences In the same sector, and raised in the last eighteen months. [**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Bindbridge** $4.3M · Sept 2026](https://millionrounds.com/company/bindbridge)[**Breedr** $36M · Aug 2026](https://millionrounds.com/company/breedr)[**Versatile RobotX** $1.3M · Aug 2026](https://millionrounds.com/company/versatile-robotx)[**EcoNomad Solutions** $642K · Aug 2026](https://millionrounds.com/company/economad-solutions)[**MoA Technology** $73M · Jul 2026](https://millionrounds.com/company/moa-technology) ## 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