£2.0M
The £2m Series A round was led by Mercia to support product development and expansion plans.
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The latest funding rounds from the UK tech ecosystem. Updated 1 August 2026.
Announcements
1,120
Total raised
£24.3B
disclosed amounts
The £2m Series A round was led by Mercia to support product development and expansion plans.
The investment round was led by Praetura Capital with backing from Boundary Capital Partners and other investors.
"The UK alone spends £3.1bn on treating chronic wounds each year, while the US spends $50bn. Add to this the significant escalation in costs, not to mention the considerable distress to patients and families if the only course of treatment for non-healing wounds is amputation. It’s clear that there’s a real need for innovation in this area."

The financing round was led by Beringea with participation from new and existing investors.
"Our goal as Second Nature is to solve obesity. We need to rise above the confusing health misinformation to provide clarity about what’s really important: changing habits. Our new brand and investment will help us realise that,"
The funding round was led by Praetura Ventures with participation from BMJ and angel investors.
"Those best placed to solve the challenges facing our healthcare system are the people who have worked on the frontline. Jing and I both struggled to maintain a healthy work-life balance as junior doctors, and we watched countless colleagues step away from full-time practice and into the world of locum agencies as a result of the daily pressures faced by medics. We felt there must be a better way of doing things; one where the NHS could staff wards safely and affordably, and where healthcare workers could find the right working balance for them, without the need for an expensive middleman. That’s why we created Patchwork."
The Series A financing was led by Smedvig Capital and will support global growth and product development.
"We’re delighted to be partnering with the team at Smedvig Capital and welcome Joe and Rob to our board,"