# Winnow funding: rounds and investors

> Winnow has raised $19M across 3 rounds since 2017. Investors include Circularity Capital/ Mustard Seed, Seedcamp and European Investment Bank.

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

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

# Who invested in *Winnow*

3 rounds we have observed, with the 9 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.

Big Data & Analytics Foodtech Manufacturing

Funding summary Updated 26 Oct 2026

**$19M** raised across 3 rounds since 2017, from 3 sources

**$7.4M** Round **$12M** Series B

- **Latest round:** Venture Mar 2024
- **Biggest round:** $12M Series B · Oct 2019
- **Investors:** 9 (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.

2018 2019 2020 2021 2022 2023 2024

**$7.4M** Round

**$12M** Series B

**?** Venture

- **First round:** Round, $7.4M
- **Biggest round:** $12M
- **Usual gap between rounds:** 4.3 years

## The rounds

- **Mar 2024** Venture **Amount undisclosed** *2 new* [Seedcamp](https://millionrounds.com/fund/seedcamp) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Source recorded
- **Oct 2019** Series B **$12M** *5 new* [Ingka Group](https://millionrounds.com/fund/ingka-group) [Mustard Seed](https://millionrounds.com/fund/mustard-seed) [Circularity Capital](https://millionrounds.com/fund/circularity-capital) D: Ax The Ingenious Group Reported by TechCrunch
- **Oct 2017** Round **$7.4M** *2 new* Circularity Capital/ Mustard Seed Lead [D-Ax Corporate Venture Capital](https://millionrounds.com/fund/d-ax-corporate-venture-capital) Reported by TechCrunch

## Founders and team

From Winnow's own website: 2 founders, 6 on the team.

**Kevin Duffy** Co-Founder

**Marc Zornes** Co-Founder

- **David Borsos** Head of Development
- **Silviu Niculita** Head of Office Cluj and Technology Delivery
- **Will Meadows** Head of Product
- **Zena Harris** Head of Talent
- **David Jackson** Director of Marketing & Public Affairs
- **Ignacio Ramirez** Managing Director North America

## 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** 2017 **Series B** 2019 **Venture** 2024 Circularity Capital/ Mustard Seed L [Seedcamp](https://millionrounds.com/fund/seedcamp) [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [D-Ax Corporate Venture Capital](https://millionrounds.com/fund/d-ax-corporate-venture-capital) [Ingka Group](https://millionrounds.com/fund/ingka-group) [Mustard Seed](https://millionrounds.com/fund/mustard-seed) [Circularity Capital](https://millionrounds.com/fund/circularity-capital) D: Ax The Ingenious Group

## Everyone who backed them

Circularity Capital/ Mustard Seed no record of our own yet **1** round, led 1

[Seedcamp](https://millionrounds.com/fund/seedcamp) VC firm **1** round

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[D-Ax Corporate Venture Capital](https://millionrounds.com/fund/d-ax-corporate-venture-capital) Corporate VC **1** round

[Ingka Group](https://millionrounds.com/fund/ingka-group) Corporate VC **1** round

[Mustard Seed](https://millionrounds.com/fund/mustard-seed) VC firm **1** round

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

D: Ax no record of our own yet **1** round

The Ingenious Group 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=winnow).

## Also claim to have backed them

These 2 firms list Winnow 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.

[ABC Impact](https://millionrounds.com/fund/abcimpact) Private equity Per its own site

[Impact Planet Ventures](https://millionrounds.com/fund/impact-planet-ventures) Family office Per its own site

## Quick answers about Winnow

### Who invested in Winnow?

Winnow's investors include Circularity Capital/ Mustard Seed, Seedcamp, European Investment Bank, D-Ax Corporate Venture Capital and Ingka Group, and 4 more on record.

### How much has Winnow raised?

Winnow has raised $19M across 3 rounds since 2017. One round did not disclose an amount, so the total is a floor.

### When did Winnow last raise?

Winnow's most recent round was a Venture in Mar 2024.

### What was Winnow's biggest round?

Winnow's largest round on record is $12M (Series B), in Oct 2019.

### Who backed Winnow first?

Winnow's first round on record, in Oct 2017, was backed by Circularity Capital/ Mustard Seed and D-Ax Corporate Venture Capital.

### What stage is Winnow at?

Winnow's latest named round is a Venture, in Mar 2024.

### Where is Winnow based?

Winnow is based in the United Kingdom.

### Who led Winnow's rounds?

Circularity Capital/ Mustard Seed led the Undisclosed round in 2017.

## Companies like Winnow

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

[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)[**Alchera Technologies** $3.7M · Oct 2026](https://millionrounds.com/company/alchera-technologies)[**Extend Robotics** $4.7M · Oct 2026](https://millionrounds.com/company/extend-robotics)

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