Funding round
Neurolabs Pre-seed
Neurolabs, which works in image recognition platform development in Altrincham, raised $1.1M in a Pre-seed round announced on 18 Aug 2020, led by Lunar Ventures and Techstart Ventures. 4 firms took part. It is Neurolabs' first venture round on record.
$1.1M
Amount raised
Not disclosed
Post-money valuation
4
Investors
2 leads
Valuation
What this round says about the price
Neurolabs did not disclose a valuation in this round. It is Neurolabs' first venture round on record, 2 years after it was founded in 2018. It is 12% of the $8.9M Neurolabs has raised in the venture rounds on record. Neurolabs raised again 69 months later: a Series A round of $7.8M in May 2026.
Neurolabs' funding rounds
Neurolabs has 2 venture rounds on record. This one is highlighted.
- Pre-seed this round 18 Aug 2020, led by Lunar Ventures and Techstart Ventures $1.1M
- Series A 9 May 2026, led by Nauta $7.8M
Investors
Who put money in
Lunar Ventures and Techstart Ventures led the round with 2 other firms.
Lead investors
- backs 17 venture-backed companies new investor
- backs 30 venture-backed companies new investor
Also in the round
- 7percent Ventures new investor
- ID4 Ventures 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
154 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.0M, and this round was close to the median. The closest in time, other companies' Pre-seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 12 Aug 2020 | $1.3M | not disclosed | not named |
| Tech Companies | 26 Aug 2020 | $600K | not disclosed | not named |
| Tech Companies | 21 Aug 2020 | $150K | not disclosed | not named |
| Tech Companies | 27 Aug 2020 | undisclosed | not disclosed | Better Capital |
| Tech Companies | 21 Jul 2020 | $3.7M | not disclosed | ATMOS Ventures |
| Tech Companies | 30 Sep 2020 | $1.5M | not disclosed | Mela Ventures and 1Crowd |
| Tech Companies | 16 Sep 2020 | $1.3M | not disclosed | byFounders and SquareOne |
| Cyscale Tech Companies | 14 Sep 2020 | $410K | $2.6M | SeedBlink |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Neurolabs raise in its Pre-seed round?
Neurolabs raised $1.1M in its Pre-seed round, announced in Aug 2020.
Who led Neurolabs' Pre-seed round?
Lunar Ventures and Techstart Ventures led it, with 7percent Ventures and ID4 Ventures.
What was Neurolabs' valuation at the Pre-seed round?
It was not disclosed.
How does it compare with other Pre-seed rounds in Tech Companies?
154 Pre-seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.0M, and this round was close to the median.
Did Neurolabs raise again after this round?
Yes: a Series A round in May 2026 of $7.8M.