FundedIQ
Biotechnology

Linear Diagnostics: Funding, Investors & Team (Oct 2026)

Linear Diagnostics Limited (LDL) is a diagnostics company based on a novel technology that allows wide range of molecular diagnostics tests to be carried out using a simple optical system. The technology provides significant advantages over the current state of the art allowing a more rapid detection of multiple targets using a single simple reagent

www.lineardiagnostics.com LinkedIn Birmingham, United Kingdom 1-10 employees
Biotechnology Health Care Health Diagnostics B2B
Total raised
$2.5M
Rounds
3
Latest
Undisclosed round
Jun 2025

Linear Diagnostics has raised $2.5M across 3 funding rounds on record, the most recent an undisclosed round of $1.4M announced in Jun 2025.

That round is below the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Linear Diagnostics Company Profile and Key Stats

Total funding raised
$2.5M
across 3 rounds on record
Funding rounds on record
3
1 with no disclosed amount
Latest funding round
Undisclosed round
$1.4M in Jun 2025
Employees
1-10
reported band
Headquarters
Birmingham, United Kingdom

Latest funding round on record: Jun 2025.

Linear Diagnostics Funding Rounds

Date
Round
Amount
Undisclosed round
$1.4M
Undisclosed round
Undisclosed
Undisclosed round
$1.1M

1 of 3 rounds was announced without a disclosed amount and is excluded from the total.

Linear Diagnostics raised $1.1M in an undisclosed round announced in Feb 2021.

2.3 years later, an undisclosed round was announced in Jun 2023 with no disclosed amount.

2 years later, an undisclosed round of $1.4M was announced in Jun 2025.

Linear Diagnostics Founders and Leadership Team

Name
Role
Contact
Matthew Hicks
Founder
—
Brendan Farrell
CEO
Locked

Contact details for the Linear Diagnostics team: 1 of 2 have an email address on file.

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Linear Diagnostics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.1M
5,352
$4.1M

Linear Diagnostics' latest round of $1.4M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Linear Diagnostics Funding FAQs

What does Linear Diagnostics do?

Linear Diagnostics Limited (LDL) is a diagnostics company based on a novel technology that allows wide range of molecular diagnostics tests to be carried out using a simple optical system. The technology provides significant advantages over the current state of the art allowing a more rapid detection of multiple targets using a single simple reagent

How much funding has Linear Diagnostics raised?

Linear Diagnostics has raised $2.5M across 3 rounds on record. The most recent is an undisclosed round of $1.4M announced in Jun 2025.

When did Linear Diagnostics last raise funding?

Linear Diagnostics' most recent funding round on record is an undisclosed round of $1.4M, announced in Jun 2025.

Who founded Linear Diagnostics?

FundedIQ lists Matthew Hicks (Founder) at Linear Diagnostics.

Who is the CEO of Linear Diagnostics?

Brendan Farrell is listed as CEO at Linear Diagnostics.

Where is Linear Diagnostics headquartered?

Linear Diagnostics is based in Birmingham, United Kingdom.

How many employees does Linear Diagnostics have?

Linear Diagnostics is in the 1-10 employee band.

How does Linear Diagnostics' funding compare to other Biotechnology startups?

Linear Diagnostics' latest round of $1.4M is below the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Linear Diagnostics Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Linear Diagnostics is left off this page rather than filled in.

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