--- title: "Thena Capital closes £45M fund to back UK medtech" url: https://daily.dev/posts/thena-capital-closes-45m-fund-to-back-uk-medtech-rzn5mtylg source_url: https://thenextweb.com/news/thena-capital-45-million-medtech-fund type: article source: "The Next Web" published: 2026-06-12T14:28:29.529Z updated: 2026-06-12T14:29:25.580Z tags: ["startup", "venture-capital"] reading_time: 3 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Thena Capital closes £45M fund to back UK medtech **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary Thena Capital has closed its debut fund at £45m ($60.4m), targeting early-stage UK medical technology companies. The London-based firm is notable for being the first all-female GP team to receive backing from the British Business Bank's Enterprise Capital Funds programme. The fund plans to back around 25 companies with seed cheques of £500k–£1m, with a focus on digital health and medical devices, and a strategy to help portfolio companies scale into the US. Five portfolio companies are already active, including Plexāā, which has launched in the US with Mayo Clinic on its cap table. The raise highlights the persistent funding gap for female-led teams and health startups outside the AI mega-round frenzy. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [UK impact VC Eka Ventures closes second fund at $107M](https://daily.dev/posts/uk-impact-vc-eka-ventures-closes-second-fund-at-107m-a4z7w3jog) · The Next Web · 0 upvotes · 0 comments - [Highland Europe closes a €1.1bn fund to keep backing European scale-ups](https://daily.dev/posts/highland-europe-closes-a-1-1bn-fund-to-keep-backing-european-scale-ups-eblxcj70s) · The Next Web · 0 upvotes · 0 comments - [UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds](https://daily.dev/posts/uk-venture-funding-doubled-to-10-5bn-in-the-first-four-months-of-2026-on-the-back-of-three-giant-r-wvlqirytx) · The Next Web · 0 upvotes · 0 comments - [Notion Capital raises $130M growth fund to tackle Europe’s follow-on gap](https://daily.dev/posts/notion-capital-raises-130m-growth-fund-to-tackle-europe-s-follow-on-gap-wjzlznahn) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital) [View this post on daily.dev](https://daily.dev/posts/thena-capital-closes-45m-fund-to-back-uk-medtech-rzn5mtylg)