FundedIQ
Biotechnology

Magnitude Biosciences: Funding, Investors & Team (Sep 2026)

An innovative C elegans company that serves the biotech, nutrition, and other industries and fields of study by combining our knowledge and technology to produce quantitative non-invasive assays of health outcomes. - Find efficient and safe dosage ranges by prescreening compounds to minimize the number of trials on mammals Testing mutants in signaling pathways, screening mutant libraries, screening compound libraries, combining compounds and mutants, and adapting technology to your needs. We are a group of professionals with a track record that includes: customizing C elegans studies to address your particular ageing research questions incorporating C. elegans into pipelines for drug discovery working with cutting-edge biotech and pharmaceutical businesses delivering pertinent, consistent, and data-rich assays

magnitudebiosciences.com LinkedIn Durham, United Kingdom 11-50 employees Founded 2018
Biotechnology Fitness Health Care PharmaceuticalAgeing Screening Drug discovery and validation Cro Aging
Total raised
$1.8M
Rounds
2
Latest
Undisclosed round
Sep 2026

Magnitude Biosciences has raised $1.8M across 2 funding rounds on record, the most recent an undisclosed round of $1.8M announced in Sep 2026.

That round is below the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Magnitude Biosciences Company Profile and Key Stats

Total funding raised
$1.8M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
$1.8M in Sep 2026
Employees
11-50
reported band
Founded
2018
Headquarters
Durham, United Kingdom
Investors on record
7
5 named below

Latest funding round on record: Sep 2026.

Magnitude Biosciences Funding Rounds

Date
Round
Amount
Undisclosed round
$1.8M
Seed
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Magnitude Biosciences announced a Seed in Nov 2022; the amount was not disclosed.

3.8 years later, an undisclosed round of $1.8M was announced in Sep 2026.

Magnitude Biosciences Investors

Northstar Ventures Innovate UK Finance Durham Fund Future Fund North East Fund

7 investors are recorded in total; the 5 named above are those the record identifies.

Magnitude Biosciences Founders and Leadership Team

Name
Role
Contact
Fozia Saleem
Chief Executive Officer
Locked
David Weinkove
CEO
Locked

Contact details for the Magnitude Biosciences team: 2 of 2 have an email address on file, 1 has a LinkedIn profile.

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Magnitude Biosciences Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,183
$8.0M
5,308
$4.0M

Magnitude Biosciences' latest round of $1.8M is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Magnitude Biosciences Funding FAQs

What does Magnitude Biosciences do?

An innovative C elegans company that serves the biotech, nutrition, and other industries and fields of study by combining our knowledge and technology to produce quantitative non-invasive assays of health outcomes. - Find efficient and safe dosage ranges by prescreening compounds to minimize the number of trials on mammals Testing mutants in signaling pathways, screening mutant libraries, screening compound libraries, combining compounds and mutants, and adapting technology to your needs. We are a group of professionals with a track record that includes: customizing C elegans studies to address your particular ageing research questions incorporating C. elegans into pipelines for drug discovery working with cutting-edge biotech and pharmaceutical businesses delivering pertinent, consistent, and data-rich assays

How much funding has Magnitude Biosciences raised?

Magnitude Biosciences has raised $1.8M across 2 rounds on record. The most recent is an undisclosed round of $1.8M announced in Sep 2026.

When did Magnitude Biosciences last raise funding?

Magnitude Biosciences' most recent funding round on record is an undisclosed round of $1.8M, announced in Sep 2026.

Who has invested in Magnitude Biosciences?

Investors on record for Magnitude Biosciences include Northstar Ventures, Innovate UK, Finance Durham Fund, Future Fund, North East Fund. FundedIQ records 7 investors in total.

Who is the CEO of Magnitude Biosciences?

Fozia Saleem is listed as Chief Executive Officer at Magnitude Biosciences.

Where is Magnitude Biosciences headquartered?

Magnitude Biosciences is based in Durham, United Kingdom.

How many employees does Magnitude Biosciences have?

Magnitude Biosciences is in the 11-50 employee band.

When was Magnitude Biosciences founded?

Magnitude Biosciences was founded in 2018.

How does Magnitude Biosciences' funding compare to other Biotechnology startups?

Magnitude Biosciences' latest round of $1.8M is below the $8.0M median round size for Biotechnology companies on FundedIQ across 4,183 tracked companies over the last two years.

About FundedIQ's Magnitude Biosciences 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 Magnitude Biosciences is left off this page rather than filled in.

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