FundedIQ

Recently Funded Startups in Devon

Updated Oct 2026

FundedIQ holds 27 funded startups in Devon and keeps their funding rounds, amounts, investors, industries, locations and company details up to date. This page provides an overview of the startup funding landscape in Devon, along with the 27 most recently funded startups there.

Startups in Devon closed 6 funding rounds over the last 24 months, 4 of them in the last 12 months, and raised $15M in disclosed capital. The median disclosed round is $2.1M, with the middle half of rounds falling between $770K and $5.1M. Health Care, Food and Beverage and Artificial Intelligence hold the most companies by sector. Exeter and Paignton hold the deepest concentrations of funded startups in Devon.

Exeter leads the regional concentration of capital. The lack of clear stage labels indicates a reliance on seed funding or private angel networks rather than institutional venture capital. Local backers prioritize early risk over late stage scale. This creates a market where relationships with individual investors matter more than standardized term sheets.

Devon funded startup statistics

Funded startups in Devon
27
tracked in the database
Funding rounds, last 12 months
4
6 over 24 months
Disclosed capital raised, 24 months
$15M
4 of 6 rounds disclosed an amount
Median round size
$2.1M
middle half $770K to $5.1M

Most recent funding round on record: Sep 2026.

27 most recently funded startups in Devon

27 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

S
Paignton, United Kingdom · Health Care
SageTech is recycling inhalational anaesthetic agents using patented technology to generate significant cost…
Seed ·
$3.4M
M
Mathewson
Wear, United Kingdom · Real Estate
Mathewson operates a business-to-business and contractor model specializing in the complete turnkey design,…
Series Unknown ·
Undisclosed
S
Exeter, United Kingdom · Commerce and Shopping
Swanky is a full service e-commerce agency specialised in the delivery of conversion optimised subscription…
Series Unknown ·
$10M
T
Exeter, United Kingdom · Sports
Tribol Braking is a research‑led spin‑out developing next‑generation composite braking solutions for the…
Series Unknown ·
$810k
A
ARC Marine
Brixham, United Kingdom · Energy
Series Unknown ·
Undisclosed
M
Wear, United Kingdom · Information Technology
Melius Cyber developed a world-leading SaaS platform, Cyber Safe, built around continuous assessment and…
Series Unknown ·
$650k
D
Exeter, United Kingdom · Media and Entertainment
Disco imagines a world where music serves as a universal language that brings people together, allowing…
Series Unknown ·
$210k
R
Exeter, United Kingdom · Food and Beverage
Rockfish is a seafood eatery that procures, cooks, and serves fresh seafood from the local area to customers…
Series Unknown ·
$1.6M
I
Exeter, United Kingdom · Artificial Intelligence (AI)
Intelligent AI is a company that has developed a platform for managing risk underwriting that aims to reduce…
Series Unknown ·
$1.0M
T
Exeter, United Kingdom · Food and Beverage
Two Drifters Distillery is the first in the world to create rum distilleries that are carbon-negative. After…
Series Unknown ·
$130k
E
Exeter, United Kingdom · Energy
Ethical Power started out as a provider and installer of rooftop solar panels, but has now grown to dominate…
Series Unknown ·
$8.7M
S
Exeter, United Kingdom · Biotechnology
Senisca is a biotech company that aims to develop advanced oligonucleotide-based treatments to reverse the…
·
$4.7M
A
Agilio Software
Holsworthy, United Kingdom · Health Care
Agilio Software is a provider of compliance and human resource solutions intended for dentists. The company…
Series Unknown ·
Undisclosed
A
Algapelago
Appledore, United Kingdom · Food and Beverage
Algapelago is an operator of a seaweed farming enterprise aimed at the food, animal feed, cosmetics,…
Series Unknown ·
Undisclosed
T
Torbay Pharmaceuticals
Paignton, United Kingdom · Health Care
Torbay Pharmaceuticals is a contract manufacturer and license holder located in Paignton, UK. Originally a…
Series Unknown ·
Undisclosed
N
Paignton, United Kingdom · Information Technology
Nanusens reduces the size of MEMS sensors and manufactures nanoscale sensors (NEMS - Nano Electro Mechanical…
Series A ·
Undisclosed
E
Exeter, United Kingdom · Hardware
Evo3D offers a comprehensive solution for all your additive manufacturing requirements, which includes…
Series Unknown ·
$1.4M
D
Exeter, United Kingdom · Health Care
Diagnexia is a company in the biotechnology sector that provides services related to health diagnostics,…
Series Unknown ·
$60k
T
Teignbridge Propellers
Newton Abbot, United Kingdom · Government and Military
Teignbridge Propellers is a maritime enterprise that specializes in providing top-notch performance…
Series Unknown ·
Undisclosed
T
Exeter, United Kingdom · Commerce and Shopping
Troy assists independent tool stores by offering them reasonably priced supplies from top-notch brands. With…
Series Unknown ·
$19M
C
Cineon Immersive Training
Clyst Honiton, United Kingdom · Education
Cineon Immersive Training offers eye tracking, research and development, training consultancy, behavior…
Series Unknown ·
Undisclosed
O
Exeter, United Kingdom · Professional Services
The goal of Oxygen Conservation is to safeguard and revive natural phenomena through discussions that have a…
Series Unknown ·
$26M
D
Exeter, United Kingdom · Artificial Intelligence (AI)
DeGould Ltd is the global leader in OEM automated vehicle inspections. Today, DeGould’s mission is to add…
Grant ·
$700k
C
Exeter, United Kingdom · Financial Services
Crowdcube is an equity crowdfunding platform for entrepreneurs of start-ups and growing businesses. Crowdcube…
Venture - Series Unknown ·
$14M
B
Exeter, United Kingdom · Real Estate
Burrington Estates provide outstanding customer service and building innovative new homes in desirable…
Venture - Series Unknown ·
$22M
N
Exeter, United Kingdom · Health Care
Neuronostics Ltd is a newly established University of Exeter (UK) spin-out, focussed on the development and…
·
$900k
Z
Dartmouth, United Kingdom · Sustainability
ZuBlu is a travel platform redefining the USD4.5bn scuba diving travel industry in Asia and beyond. We enable…
·
$900k

Industries with the most funded startups in Devon

Sector counts across all 27 tracked companies in Devon. A company assigned more than one industry is counted in each.

Where are funded startups located in Devon?

Where funded startups in Devon are based, by the city on the company record.

City
Funded startups
Paignton
3
Wear
2
Appledore
1
Brixham
1
Clyst Honiton
1
Holsworthy
1
Newton Abbot
1

About the FundedIQ Devon startup funding data

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 27 funded startups in Devon currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (2 of 6 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded startups in Devon is dated Sep 2026.

The table above shows the 27 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded startups are there in Devon?

FundedIQ tracks 27 funded startups in Devon. This page lists the 27 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have startups in Devon raised?

Startups in Devon tracked by FundedIQ have raised $15M in disclosed capital across 6 funding rounds over the last 24 months, including 4 rounds in the last 12 months. 4 of those 6 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded startups in Devon?

Health Care has the most, with 5 companies, followed by Food and Beverage (3), Artificial Intelligence (2) and Commerce and Shopping (2). Sector counts include every company assigned that industry, and a company can carry more than one.

Which cities have the most funded startups in Devon?

Exeter leads with 16 companies, then Paignton (3), Wear (2) and Appledore (1).

What is a typical funding round size for startups in Devon?

The median disclosed round over the last 24 months is $2.1M, and the middle half of rounds fall between $770K and $5.1M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

How often is the Devon startup funding data updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded startups in Devon is dated Sep 2026. Counts and totals on this page are recomputed on every refresh.

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