Funding profile · Antibacterial therapeutics

Evolvere BioSciences

A UK biotech that has raised, by outside estimate, about half a million dollars since 2021. There is no SEC Form D to check the number against, since Evolvere is a UK-only company, and Companies House shows only nominal share values, not cash raised. Here is what each type of record actually says, and does not say.

$500KTotal raised to date, aggregator-reported (VCBacked, Tracxn, Sep 2024)
1Institutional investor named: Y Combinator
2Share allotments on file at Companies House (2022, 2024), amounts not disclosed
0SEC Form D filings found under this name

Data as of September 25, 2026. Company-reported and aggregator-reported figures are labeled.

Rounds at a glance

When Round Amount Investors Source
Summer 2021 Prize, Oxford University Biotech Society Biohackathon 3 months’ lab space plus £1,000 consumables Oxford University Biotech Society; BioEscalator University incubator
2021 to 2024 Angels, prizes, friends and family Not disclosed Not itemized; a co-founder described the mix as angel investors, prizes, and friends and family Founder interview
May 27, 2022 Share allotment Nominal statement of capital GBP 1.023912; cash value not disclosed Not disclosed Companies House
2024 Y Combinator, Summer 2024 batch Not disclosed Y Combinator Company-stated
Jul 24, 2024 (filed Jun 2025) Share allotment Nominal statement of capital GBP 1.0722; cash value not disclosed Not disclosed Companies House
Sep 2024 Pre-seed, per aggregator data $500,000 total raised, cumulative Y Combinator Aggregator
2025 Share capital reduction (resolutions filed twice) Nominal statement of capital reduced to GBP 0.148283 Not disclosed Companies House

What the filings show

Ēvolvere Biosciences Ltd · Incorporation · filed May 14, 2021

Statement of capital
GBP 1
Type
Private limited company
SIC code
72110, research and experimental development on biotechnology
Filing
Companies House, company 13396961

Ēvolvere Biosciences Ltd · SH01 · filed Jun 17, 2022

Allotment date
May 27, 2022
Statement of capital
GBP 1.023912 nominal, cash raised not stated
Same week
Oliver James Waterhouse appointed director, May 27, 2022; shares sub-divided and share rights varied, filed Jun 15 to 16, 2022
Filing
Companies House, company 13396961

Ēvolvere Biosciences Ltd · SH01 · filed Jun 6, 2025

Allotment date
Jul 24, 2024
Statement of capital
GBP 1.0722 nominal, cash raised not stated
Filing gap
Filed about 11 months after the allotment date
Filing
Companies House, company 13396961

Ēvolvere Biosciences Ltd · Share capital reduction · filed May 28 and Jun 10, 2025 (SH19 refiled Jul 23, 2025)

Resolution
RES06, reduction in issued share capital, filed twice
Solvency statement
Dated Jul 24, 2024, filed Jun 6, 2025 and refiled Jul 23, 2025
Resulting statement of capital
GBP 0.148283 nominal
Filing
Companies House, company 13396961

Reading the filings

  1. UK statements of capital are not funding totals.Companies House records the nominal, or par, value of shares issued, which for Evolvere sits at a few pounds across its whole history. That figure says nothing about the price investors actually paid per share or any share premium, so it cannot be used to check the $500,000 aggregator figure against.
  2. The one dated allotment lands close to the reported raise, but was filed very late.The SH01 recording an allotment on July 24, 2024 was not filed until June 6, 2025, about 11 months after the fact, against a UK filing deadline of one month. That gap suggests administrative catch-up rather than a hidden second raise, but it also means the record cannot be used to date the round precisely.
  3. No US Form D exists to cross-check against.Evolvere has no US entity on record, so it does not file under SEC Regulation D. The $500,000 figure comes entirely from VCBacked and Tracxn, two startup databases, not from a Companies House filing or a company statement.
  4. The board grew by one in 2022, and has not changed since.Oliver Waterhouse joined as a director on May 27, 2022, the same week as a share allotment, sub-division and rights variation. The other three directors, Piotr Jedryszek, Adam Winnifrith and Weronika Ślesak, have held their seats since incorporation in May 2021 and remain listed as active in the confirmation statement filed May 13, 2026.
  5. 2025 brought a share capital cleanup, not a disclosed raise.The company filed resolutions to reduce its issued share capital twice in 2025, along with a solvency statement dated back to July 2024, ending with a nominal statement of capital of GBP 0.148283. Nothing in the public record explains why, or whether it accompanies a new financing.

Commercial signals

Signal Detail Source type
Accelerator Y Combinator, Summer 2024 (S24) batch, one of a small number of European companies in that cohort. Company-stated
Board Oliver Waterhouse, director since May 2022, previously founded Base Genomics, sold to Exact Sciences in 2020 for $410 million. Independent
Non-dilutive support Only documented award is the 2021 OUBT Biohackathon prize: 3 months’ free lab space and a £1,000 consumables budget at the BioEscalator. University incubator
Grants No CARB-X, Innovate UK, NIH or NSF award tied to Evolvere Biosciences found as of September 25, 2026. Not found
Pipeline disclosure No clinical trial, FDA record, or company-specific peer-reviewed paper found; the company describes itself as preclinical. Not found

What to watch

  • A press release or Companies House filing that names investors and discloses the amount raised in the round dated to 2024 by aggregators.
  • Whether the 2025 share capital reduction is followed by a new SH01 disclosing a fresh allotment.
  • A CARB-X or Innovate UK award, both plausible funders for this kind of antibacterial work that have not appeared in the record so far.
  • Any SEC filing, should the company set up a US entity to raise from US investors.

The Evolvere BioSciences story on Healthcare DiscoveryHealthcare Discovery

Related companies

Sources

  1. Public recordCompany overview, ĒVOLVERE BIOSCIENCES LTD, company 13396961GOV.UK Companies House · accessed Sep 25, 2026
  2. Public recordOfficers, ĒVOLVERE BIOSCIENCES LTDGOV.UK Companies House · accessed Sep 25, 2026
  3. Public recordFiling history, ĒVOLVERE BIOSCIENCES LTD (pages 1 to 3)GOV.UK Companies House · accessed Sep 25, 2026
  4. Public recordPersons with significant control, ĒVOLVERE BIOSCIENCES LTDGOV.UK Companies House · accessed Sep 25, 2026
  5. AggregatorEvolvere BioSciences Funding & InvestorsVCBacked · Sep 25, 2024
  6. AggregatorEvolvere BioSciences company profile and funding roundsTracxn · accessed Sep 25, 2026
  7. University incubatorIntroducing Evolvere BiosciencesBioEscalator, University of Oxford · Jun 13, 2022
  8. InterviewPiotr Jedryszek, co-founder of Evolvere BiosciencesEnSpire Oxford · Aug 12, 2023
  9. IndependentOxford start-up Base Genomics acquired by Exact SciencesPharmaTimes, Lucy Parsons · Oct 28, 2020
  10. CompanyEvolvere BioSciences company profileY Combinator · accessed Sep 25, 2026

Compiled from UK Companies House records, aggregator databases and published reports as of September 25, 2026. UK statements of capital report the nominal value of shares issued, not the price paid or premium received, and do not by themselves confirm a funding total. Healthcare Venture Capital Fund holds no position in Evolvere BioSciences. This page is not an offer to sell or a recommendation to buy any security.