FundedIQ
Biotechnology

Medannex: Funding, Investors & Team (Oct 2026)

Medannex is an award-winning Scottish biopharmaceutical company committed to unlocking the therapeutic potential of targeting annexin-A1. Our goal is to create a first-in-class therapy to improve the lives of people impacted by cancers and autoimmune diseases. Following a recent Series B fundraise, and supported by both the Scottish Investment Bank and Innovate UK, Medannex is collaborating with world-leading clinical experts to explore the huge therapeutic and commercial potential of our patent-protected immunomodulatory technology.

www.medannex.org LinkedIn Edinburgh, United Kingdom 11-50 employees
Biotechnology Clinical Trials B2C
Total raised
$400k
Rounds
1
Latest
Undisclosed round
Jul 2024

Medannex has raised $400k across 1 funding round on record, the most recent an undisclosed round of $400k announced in Jul 2024.

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

Medannex Company Profile and Key Stats

Total funding raised
$400k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$400k in Jul 2024
Employees
11-50
reported band
Headquarters
Edinburgh, United Kingdom

Latest funding round on record: Jul 2024.

Medannex Funding Rounds

Date
Round
Amount
Undisclosed round
$400k

Medannex Founders and Leadership Team

Name
Role
Contact
Afri Wansyah
Founder
—

No contact details are on record for this team yet.

Medannex Funding Compared to Other Biotechnology Startups

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

Medannex's latest round of $400k is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Medannex Funding FAQs

What does Medannex do?

Medannex is an award-winning Scottish biopharmaceutical company committed to unlocking the therapeutic potential of targeting annexin-A1. Our goal is to create a first-in-class therapy to improve the lives of people impacted by cancers and autoimmune diseases. Following a recent Series B fundraise, and supported by both the Scottish Investment Bank and Innovate UK, Medannex is collaborating with world-leading clinical experts to explore the huge therapeutic and commercial potential of our patent-protected immunomodulatory technology.

How much funding has Medannex raised?

Medannex has raised $400k across 1 round on record. The most recent is an undisclosed round of $400k announced in Jul 2024.

When did Medannex last raise funding?

Medannex's most recent funding round on record is an undisclosed round of $400k, announced in Jul 2024.

Who founded Medannex?

FundedIQ lists Afri Wansyah (Founder) at Medannex.

Where is Medannex headquartered?

Medannex is based in Edinburgh, United Kingdom.

How many employees does Medannex have?

Medannex is in the 11-50 employee band.

How does Medannex's funding compare to other Biotechnology startups?

Medannex's latest round of $400k 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 Medannex 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 Medannex is left off this page rather than filled in.

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