Funding round
GlycanAge Seed
GlycanAge, which works in biological age testing services in Newcastle upon Tyne, raised $4.2M in a Seed round announced on 19 Feb 2024, led by LAUNCHub. 2 firms took part. It is GlycanAge's first venture round on record.
$4.2M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
GlycanAge did not disclose a valuation in this round. It is GlycanAge's first venture round on record, 29 years after it was founded in 1995. It is 32% of the $13M GlycanAge has raised in the venture rounds on record. GlycanAge raised again 22 months later: a Growth round of $8.8M in Dec 2025.
GlycanAge's funding rounds
GlycanAge has 2 venture rounds on record. This one is highlighted.
- Seed this round 19 Feb 2024, led by LAUNCHub $4.2M
- Growth 31 Dec 2025, led by Fifth Quarter Ventures $8.8M
Investors
Who put money in
LAUNCHub led the round with 1 other firm.
Lead investor
- LAUNCHub backs 36 venture-backed companies new investor
Also in the round
- backs 12 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
11 Seed rounds in Medical Laboratories within a year either side disclosed an amount; the median was $4.5M, and this round was close to the median. The closest in time, other companies' Seed rounds in Medical Laboratories:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Medical Laboratories | 1 Nov 2023 | $5.0M | not disclosed | Breyer Capital and Meridian Street |
| Medical Laboratories | 22 May 2024 | undisclosed | not disclosed | American Family Ventures and AllegisNL Capital |
| Medical Laboratories | 11 Jun 2024 | $1.0M | not disclosed | Antler and Accelerating Asia |
| Medical Laboratories | 12 Jul 2024 | $6.7M | not disclosed | Kurma Partners and Heal Capital |
| Medical Laboratories | 14 Aug 2023 | $1.3M | not disclosed | Maven Capital Partners |
| Medical Laboratories | 5 Oct 2024 | $2.9M | not disclosed | not named |
| Medical Laboratories | 4 Oct 2024 | $1.1M | not disclosed | not named |
| Medical Laboratories | 25 Nov 2024 | $2.6M | not disclosed | Elevate Ventures and OCA Ventures |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did GlycanAge raise in its Seed round?
GlycanAge raised $4.2M in its Seed round, announced in Feb 2024.
Who led GlycanAge's Seed round?
LAUNCHub led it, with Kadmos Capital.
What was GlycanAge's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Medical Laboratories?
11 Seed rounds in Medical Laboratories within a year either side disclosed an amount; the median was $4.5M, and this round was close to the median.
Did GlycanAge raise again after this round?
Yes: a Growth round in Dec 2025 of $8.8M.