FundedIQ

Funded Startups in Hertford

Among the 30 most recent funded entries shown for Hertford (sorted by round date descending), one disclosed round stands out: i3 ENERGY’s $55M (2024-05-15).

Among the 30 most recent funded entries shown for Hertford (sorted by round date descending), one disclosed round stands out: i3 ENERGY’s $55M (2024-05-15). The next tier of disclosed rounds clusters around the teens to mid-$40M range (e.g., CN Bio $21M on 2024-04-23; Energy Park $45M on 2024-06-03; Huel $24M on 2022-12-01), while many other rounds sit at $3M or below (e.g., SugaROx $3M on 2026-05-05; SushiDog $2M on 2025-06-12).

The temporal pattern concentrates heavily in 2024: 16 of 30 rounds fall between 2024-02-01 and 2024-12-04, including multiple Energy and AI-related entries (Energy Park 2024-06-03 $45M; i3 ENERGY 2024-05-15 $55M; RwHealth 2024-06-13 $2M in AI; VerbaFlo 2026-03-18 $7M). Stage and disclosure are also uneven: 10 of 30 rows are “undisclosed” in amount, and 11 of 30 are “Series Unknown,” with “Seed” appearing 3 times (VerbaFlo 2026-03-18 $7M; ImmuONE 2025-03-13 $780K; Govox 2023-05-01 undisclosed). Geographically, the list repeats Hertford-area towns rather than one single city, with notable concentration in Harpenden and Hertford-adjacent locations like Watford, Welwyn Garden City, and Borehamwood. The newest row is SugaROx on 2026-05-05 ($3M), while the oldest shown is Axis Spine on 2021-02-24 ($3M).

Most recent rounds

30 shown
S
SugaROx
Harpenden, United Kingdom · Agriculture and Farming
Series A · May 2026
$3.4M
V
VerbaFlo
Hertford, United Kingdom · Artificial Intelligence (AI)
Seed · Mar 2026
$7.0M
S
SushiDog
Waltham Cross, United Kingdom · Food and Beverage
Series Unknown · Jun 2025
$1.8M
I
ImmuONE
Hatfield, United Kingdom · Education
Seed · Mar 2025
$780k
R
Roto VR
Borehamwood, United Kingdom · Commerce and Shopping
Series Unknown · Dec 2024
$3.0M
B
Barton Blakeley Technologies
Harpenden, United Kingdom · Energy
Series Unknown · Nov 2024
$3.4M
M
Myogenes
Borehamwood, United Kingdom · Health Care
Series Unknown · Oct 2024
Undisclosed
F
FMC
Shenley, United Kingdom · Content and Publishing
Series Unknown · Aug 2024
Undisclosed
B
Botivo
Hitchin, United Kingdom · Food and Beverage
Series Unknown · Jul 2024
$1.2M
R
RwHealth
Kings Langley, United Kingdom · Artificial Intelligence (AI)
Series A · Jun 2024
$1.7M
E
Energy Park
Harpenden, United Kingdom · Energy
Series A · Jun 2024
$45M
K
Kit & Kin
Saint Albans, United Kingdom · Commerce and Shopping
Series Unknown · May 2024
$890k
I
i3 ENERGY
Westmill, United Kingdom · Energy
Series Unknown · May 2024
$55M
C
CN Bio
Welwyn Garden City, United Kingdom · Biotechnology
Series B · Apr 2024
$21M
T
Tierra Foods
Hemel Hempstead, United Kingdom · Manufacturing
Series Unknown · Feb 2024
Undisclosed
R
raffolux
Watford, United Kingdom · Media and Entertainment
Series Unknown · Oct 2023
$1.8M
B
Bitmore
Watford, United Kingdom · Commerce and Shopping
Series Unknown · Aug 2023
$500k
N
Nila Technology
Bushey, United Kingdom · Artificial Intelligence (AI)
Seed · Aug 2023
Undisclosed
W
Workscope
Borehamwood, United Kingdom · Software Development
Series Unknown · Jun 2023
Undisclosed
S
SphereTrax
Hitchin, United Kingdom · Media and Entertainment
Series Unknown · Jun 2023
$130k
M
Menopause Reality
Letchworth, United Kingdom · Hardware
Series Unknown · Jun 2023
$60k
G
Govox
Hitchin, United Kingdom · Health Care
Seed · May 2023
Undisclosed
H
Huel
Tring, United Kingdom · Food and Beverage
Series B · Dec 2022
$24M
D
Digital Gaming
Elstree, United Kingdom · Gaming
Seed · Oct 2022
$90k
W
Wuka
Saint Albans, United Kingdom · Clothing and Apparel
Grant · Aug 2022
Undisclosed
P
PheroSyn
Harpenden, United Kingdom · Agriculture and Farming
Grant · Mar 2022
$100k
G
Galaxkey
Welwyn Garden City, United Kingdom · Information Technology
Grant · Nov 2021
$100k
F
Forensic Analytics
Letchworth, United Kingdom · Data and Analytics
Venture - Series Unknown · Oct 2021
$6.2M
D
DigiHaul
Hatfield, United Kingdom · Transportation
Corporate Round · Sep 2021
$20M
A
Axis Spine
Hemel Hempstead, United Kingdom · Health Care
Venture - Series Unknown · Feb 2021
$3.1M

Related listings

Frequently asked

What’s the largest disclosed round in this Hertford-area list, and how isolated is it versus the rest?

i3 ENERGY’s $55M (2024-05-15) is the top disclosed amount. It is far above many smaller disclosed rounds (e.g., $130K SphereTrax on 2023-06-20; $60K Menopause Reality on 2023-06-07), with only a handful of disclosed rounds in the tens of millions (e.g., Energy Park $45M on 2024-06-03; CN Bio $21M on 2024-04-23; Huel $24M on 2022-12-01).

Do most rounds cluster in a narrow time window, or are they evenly spread across years?

They cluster strongly around 2024: 16 of 30 rounds occur between 2024-02-01 (Tierra Foods) and 2024-12-04 (Roto VR). Outside that window, entries appear earlier in 2021–2022 (e.g., DigiHaul $20M on 2021-09-23; Huel $24M on 2022-12-01) and later in 2025–2026 (e.g., SugaROx $3M on 2026-05-05; SushiDog $2M on 2025-06-12).

Which disclosure/stage labels dominate the list, and what does that imply for comparing deal sizes?

“Series Unknown” appears 11 times and “undisclosed” appears 10 times, so a meaningful share of rows can’t be compared by disclosed stage or amount. Even among disclosed amounts, the distribution is mixed: VerbaFlo is $7M as a Seed (2026-03-18), while several Seed/Unknown-labeled entries are much smaller or undisclosed (e.g., ImmuONE Seed $780K on 2025-03-13; Myogenes Unknown undisclosed on 2024-10-04).

Are particular sectors over-represented, or is the mix broad?

Energy and AI show up repeatedly relative to other categories: Energy appears in multiple entries including Energy Park ($45M, 2024-06-03) and i3 ENERGY ($55M, 2024-05-15), while AI appears in VerbaFlo ($7M, 2026-03-18) and RwHealth ($2M, 2024-06-13) and Nila Technology (Seed, undisclosed on 2023-08-01). Other sectors (e.g., Food and Beverage, Health Care, Media and Entertainment) do appear more than once but without matching the repeated concentration seen in Energy and AI.

Which cities/towns recur most, based on the listed locations, and does it look like one dominant hub?

The list doesn’t center on a single city; it repeats Hertford-area towns across entries. Harpenden appears multiple times (SugaROx in 2026, Barton Blakeley Technologies in 2024, i3 ENERGY in 2024 is listed in Westmill—nearby), while Watford and Welwyn Garden City also recur (e.g., raffolux $2M on 2023-10-10 in Watford; CN Bio $21M on 2024-04-23 in Welwyn Garden City; Galaxkey Grant $100K on 2021-11-17 in Welwyn Garden City).

What are the main outlier deal sizes at the low end of disclosed amounts?

At the low end, several disclosed rounds are below $1M: SphereTrax is $130K (2023-06-20), Digital Gaming is $90K (2022-10-12), Menopause Reality is $60K (2023-06-07), and PheroSyn is $100K (2022-03-28). These cluster far below the top disclosed amounts (e.g., i3 ENERGY $55M on 2024-05-15) and sit alongside many mid-sized disclosed deals such as $2M–$3M entries (SushiDog $2M on 2025-06-12; Roto VR $3M on 2024-12-04; SugaROx $3M on 2026-05-05).

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