The stealth startup has achieved a major valuation despite having no product on the market yet.
Lux Capital
Venture CapitalAn early investor in defence and emerging technology enterprises such as Anduril.
Portfolio
4
companies
Investment by month
By category
- AI/ML£342M
- DefenceTech£22.4M
By location
- London£334M
- Cambridge£30.4M
Portfolio companies
22one
A developer of artificial intelligence software designed to streamline police workflows.
Agon
Agon builds artificial intelligence training infrastructure for defence applications.
LabGenius
LabGenius discovers next-generation protein therapeutics using machine learning and automation.
Lumafield
Lumafield builds accessible X-ray CT scanners and analysis software for engineers.
Recent investments
The funding round was backed by Lakestar, Lux Capital, Northzone, and XYZ.
Spark Capital led the Series B financing for the X-ray CT technology developer.
"Industrial CT has been out of reach for most production lines—until now"
LabGenius raises £11.6m in a Series A extension led by Atomico to scale its drug discovery platform.
The funding round was led by Atomico with participation from Lux Capital, Obvious Ventures, Kindred Capital and Inovia Capital.
"To add a fund of Atomico’s calibre and reputation to our investor base is a huge win for LabGenius. Atomico’s operational experience is second to none and they are the perfect partner to help us scale a global company from Europe. In addition, the confidence that Lux, Obvious, Kindred and Inovia have demonstrated in doubling down in this round reflects the tremendous technical progress that the team has made over the past 12 months."


