# Wavepaths funding: rounds and investors

> Wavepaths has raised $5.3M across 3 rounds since 2021. Investors include K Fund and Flex Capital. Every round with its source.

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

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

# Who invested in *Wavepaths*

3 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.

Healthcare

Funding summary Updated 26 Oct 2026

**$5.3M** raised across 3 rounds since 2021, from 3 sources

**$4.5M** Seed **$356K** Seed **$428K** Seed

- **Latest round:** Seed, $428K Jul 2022
- **Biggest round:** $4.5M Seed · Nov 2021
- **Step-up i:** 1.2×
- **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

**$4.5M** Seed

**$356K** Seed

**$428K** Seed

- **First round:** Seed, $4.5M
- **Biggest round:** $4.5M
- **Usual gap between rounds:** 5 months

## The rounds

- **Jul 2022** Seed **$428K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2022** Seed **$356K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2021** Seed **$4.5M** *2 new* [K Fund](https://millionrounds.com/fund/kfund) [Flex Capital](https://millionrounds.com/fund/flex-capital) Source recorded

## Funding filed with regulators

Wavepaths filed 4 raises, $3.3M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2022 **$188K** UK share allotment
- Jul 2022 **$240K** UK share allotment
- Feb 2022 **$356K** UK share allotment
- Sept 2021 **$2.5M** UK share allotment

## Founders and team

From Wavepaths's own website: 1 founder, 3 on the team.

**Mendel Kaelen** Founder & CEO

- **Antonia Mills** Head of Customer Success & Sales Ops
- **Harry Simmons** Community Manager
- **Samuel Diggins** Designer

## 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.

**Seed** 2021 **Seed** 2022 **Seed** 2022 [K Fund](https://millionrounds.com/fund/kfund) [Flex Capital](https://millionrounds.com/fund/flex-capital)

## Everyone who backed them

[K Fund](https://millionrounds.com/fund/kfund) VC firm **1** round

[Flex Capital](https://millionrounds.com/fund/flex-capital) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Wavepaths 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.

[Reflex Capital](https://millionrounds.com/fund/reflex-capital) VC firm Per its own site

[MITON](https://millionrounds.com/fund/miton) VC firm Per its own site

## Quick answers about Wavepaths

### Who invested in Wavepaths?

Wavepaths's investors include K Fund and Flex Capital.

### How much has Wavepaths raised?

Wavepaths has raised $5.3M across 3 rounds since 2021.

### When did Wavepaths last raise?

Wavepaths's most recent round was a Seed of $428K in Jul 2022.

### What was Wavepaths's biggest round?

Wavepaths's largest round on record is $4.5M (Seed), in Nov 2021.

### Who backed Wavepaths first?

Wavepaths's first round on record, in Nov 2021, was backed by K Fund and Flex Capital.

### What stage is Wavepaths at?

Wavepaths's latest named round is a Seed, in Jul 2022.

### Where is Wavepaths based?

Wavepaths is based in the United Kingdom.

## Companies like Wavepaths

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)[**52North** $4.3M · Sept 2026](https://millionrounds.com/company/52north)[**RHYTHM AI** $23M · Sept 2026](https://millionrounds.com/company/rhythm-ai)

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