About HealthTech sector in United Kingdom
Top HealthTech Companies in United Kingdom
Here is the list of top HealthTech startups in United Kingdom
1. Oviva
Key facts about Oviva
- Founded Year: 2014
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $118M
- Investors: Earlybird, Temasek and 19 Others
- Latest Funding Round: Series D, Jan 22, 2026, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 137 Competitors

2. Huma
Key facts about Huma
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $355M
- Investors: Leaps by Bayer, AstraZeneca and 100 Others
- Latest Funding Round: Series D, Apr 25, 2025, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 1,728 Competitors
Key facts about Babylon Health
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $735M
- Investors: Kinnevik, http://firstchoicemg.com and 12 Others
- Latest Funding Round: Post IPO, Oct 17, 2022, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 191 Competitors
4. Pharmacy2U
Key facts about Pharmacy2U
- Founded Year: 1999
- Location: Leeds (United Kingdom)
- Stage: Series C
- Total Funding till date: $313M
- Investors: BGF, EPIC Private Equity and 28 Others
- Latest Funding Round: Series C, Mar 25, 2020, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 4 of 5,235 Competitors
5. Flo
Key facts about Flo
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series C
- Total Funding till date: $269M
- Investors: Flint Capital Solution, Mangrove Capital Partners and 13 Others
- Latest Funding Round: Series C, Jul 30, 2024, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 116 Competitors
Companies founded year-on-year in the HealthTech sector in United Kingdom
226 new startups have been founded so far in 2026 in the HealthTech sector in United Kingdom. 1,505 HealthTech startups in United Kingdom were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 226 |
2025 | 294 |
2024 | 349 |
2023 | 443 |
2022 | 439 |
2021 | 796 |
2020 | 1,505 |
2019 | 1,027 |
2018 | 791 |
2017 | 652 |
Stage-wise distribution of HealthTech sector companies in United Kingdom
Out of the total 12,873 HealthTech companies in United Kingdom, 1,765 have secured funding. Among them, 754 have reached Series A or higher, and 559 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 12,873 |
Funded | 1,765 |
Series A+ | 754 |
Series B+ | 559 |
Series C+ | 505 |
Funding Trends in the HealthTech sector in United Kingdom
Total funding year-on-year in the HealthTech sector in United Kingdom
The HealthTech sector in United Kingdom saw a total funding of more than $14.6B in the last 10 years. The most amount of funding has been in 2026 at more than $3.17B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $3.17B |
2025 | $1.65B |
2024 | $1.08B |
2023 | $960M |
2022 | $1.58B |
2021 | $2.22B |
2020 | $1.08B |
2019 | $1.41B |
2018 | $1.01B |
2017 | $475M |
Recent Funding Rounds in HealthTech in United Kingdom
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 4700 | Oct 26, 2026 | and 2 more | |
Seed | 8457 | Oct 20, 2026 | ||
Series A | 9892 | Oct 16, 2026 | ||
Series A | 4724 | Oct 16, 2026 | - | |
Seed | 2599 | Oct 15, 2026 |
Top Investors in HealthTech in United Kingdom
Investor | Location | Top Portfolio Companies |
|---|---|---|
Cambridge (United States) | ||
Sunnyvale (United States) | ||
Menlo Park (United States) | Peanut and Novalar Pharm | |
San Francisco (United States) | ||
Redwood City (United States) |
M&A activity in HealthTech sector in United Kingdom
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 29, 2026 | ||
Business Acquisition | Oct 20, 2026 | ||
Business Acquisition | Oct 02, 2026 | ||
Business Acquisition | Sep 09, 2026 | ||
Business Acquisition | Sep 04, 2026 |
Acquisition trends in HealthTech sector in United Kingdom
Here are the acquisition trends in HealthTech sector in United Kingdom:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 19 |
2025 | 31 |
2024 | 31 |
2023 | 38 |
2022 | 56 |
2021 | 51 |
2020 | 35 |
2019 | 19 |
2018 | 25 |
2017 | 29 |
IPOs in HealthTech in United Kingdom
Company | IPO Date | Exchange Symbol |
|---|---|---|
Aug 26, 2025 | London Stock Exchange (LSE) | |
Mar 10, 2022 | Canadian Securities Exchange (CSE) | |
Oct 01, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jun 18, 2021 | Nordic and Baltic regions (NASDAQ OMX) | |
May 21, 2021 | London Stock Exchange (LSE) |
Colleges which produce the most HealthTech companies in United Kingdom
Companies founded by alumni from top colleges in the HealthTech in United Kingdom
Most number of HealthTech startups in United Kingdom have been founded by alumni from University of Cambridge, University of Oxford and Imperial College London.
College | No. of companies |
|---|---|
University of Cambridge | 162 |
University of Oxford | 150 |
Imperial College London | 123 |
University College London | 96 |
King’s College London | 49 |
University of Bristol | 40 |
London School of Economics and Political Science | 36 |
University of Manchester | 32 |
University of Edinburgh | 22 |
London Business School (LBS) | 20 |
Total funding in HealthTech companies founded by alumni from top colleges in United Kingdom
In the last 10 years, University College London graduates' HealthTech companies in United Kingdom have raised the most funding among top colleges. University of Cambridge alumni are second, and University of Oxford alumni are third.
College | Total Funding |
|---|---|
University College London | $3.88B |
University of Cambridge | $3.68B |
University of Oxford | $1.84B |
Imperial College London | $908M |
University of Manchester | $525M |
Johns Hopkins University | $388M |
London School of Economics and Political Science | $357M |
King’s College London | $314M |
London Business School (LBS) | $187M |
University of Bristol | $178M |
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