# Zilico funding: rounds and investors

> Zilico has raised $25M across 8 rounds since 2012. Investors include North West Fund and Fusion IP. Every round with its source.

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

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

# Who invested in *Zilico*

8 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 Healthcare

Funding summary Updated 26 Oct 2026

**$25M** raised across 8 rounds since 2012, from 8 sources

**$1.5M** Venture **$19M** Round **$691K** Round **$374K** Round **$364K** Round **$811K** Round **$270K** Round **$2.4M** Round

- **Latest round:** Round, $2.4M Feb 2024
- **Biggest round:** $19M Round · Feb 2018
- **Step-up i:** 8.8×
- **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.

2012 2014 2016 2018 2020 2022 2024

**$1.5M** Venture

**$19M** Round

**$691K** Round

**$374K** Round

**$364K** Round

**$270K** Round

**$2.4M** Round

- **First round:** Venture, $1.5M
- **Biggest round:** $19M
- **Usual gap between rounds:** 8 months

## The rounds

- **Feb 2024** Round **$2.4M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2023** Round **$270K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2023** Round **$811K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2022** Round **$364K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2022** Round **$374K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2021** Round **$691K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2018** Round **$19M** No investor was named in the report. Reported by FinSMEs
- **Jun 2012** Venture **$1.5M** *2 new* [North West Fund](https://millionrounds.com/fund/the-north-west-fund) [Fusion IP](https://millionrounds.com/fund/fusion-ip) Reported by finsmes.com

## Funding filed with regulators

Zilico filed 16 raises, $4.0M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Apr 2024 **$273K** UK share allotment
- Feb 2024 **$912K** UK share allotment
- Oct 2023 **$135K** UK share allotment
- May 2023 **$406K** UK share allotment
- Feb 2023 **$145K** UK share allotment
- Jan 2023 **Amount not stated** UK share allotment
- Nov 2022 **$271K** UK share allotment
- Sept 2022 **$182K** UK share allotment
- Jun 2022 **$187K** UK share allotment
- Apr 2022 **Amount not stated** UK share allotment
- Feb 2022 **$290K** UK share allotment
- Jan 2022 **Amount not stated** UK share allotment
- Nov 2021 **$289K** UK share allotment
- Oct 2021 **$246K** UK share allotment
- Sept 2021 **$326K** UK share allotment
- May 2021 **$345K** UK share allotment

## 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.

**Venture** 2012 **Round** 2018 **Round** 2021 **Round** 2022 **Round** 2022 **Round** 2023 **Round** 2023 **Round** 2024 [North West Fund](https://millionrounds.com/fund/the-north-west-fund) [Fusion IP](https://millionrounds.com/fund/fusion-ip)

## Everyone who backed them

[North West Fund](https://millionrounds.com/fund/the-north-west-fund) VC firm **1** round

[Fusion IP](https://millionrounds.com/fund/fusion-ip) VC firm **1** round

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

## Also claim to have backed them

This firm lists Zilico 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.

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

## Quick answers about Zilico

### Who invested in Zilico?

Zilico's investors include North West Fund and Fusion IP.

### How much has Zilico raised?

Zilico has raised $25M across 8 rounds since 2012.

### When did Zilico last raise?

Zilico's most recent round, $2.4M, was in Feb 2024.

### What was Zilico's biggest round?

Zilico's largest round on record is $19M (Undisclosed round), in Feb 2018.

### Who backed Zilico first?

Zilico's first round on record, in Jun 2012, was backed by North West Fund and Fusion IP.

### What stage is Zilico at?

Zilico's latest named round is an Undisclosed round, in Feb 2018.

### Where is Zilico based?

Zilico is based in the United Kingdom.

## Companies like Zilico

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

[**Coherence Neuro** $55M · Oct 2026](https://millionrounds.com/company/coherence-neuro)[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**OMass Therapeutics** $442M · Oct 2026](https://millionrounds.com/company/omass-therapeutics)[**CMR Surgical** $1.1B · Oct 2026](https://millionrounds.com/company/cmr-surgical)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)

## 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
