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Ads ilico raises £10 million in Series A round backed by Parkwalk

By Public Technologies
  • adsilico raised £10 million in Series A funding on October 26, 2026.
  • PXN Ventures led the round, with participation from existing investors Northern Gritstone and Parkwalk.
  • The University of Leeds spinout uses AI-generated virtual patients and simulations to assess medical device performance across diverse populations.
  • Proceeds will expand its heart-modeling technology into brain devices, including treatments for aneurysms.
  • The company plans to increase its workforce from 14 to 34 people.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parkwalk Advisors Ltd published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.

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