Little Journey Transforms Paediatric Care with £6m Funding
Deal News | Nov 19, 2024 | Mercia Fund Management (Mercia Ventures)

Little Journey, a healthtech company specializing in pediatric care, has raised £6 million in a Series A funding round. Investors in this round include Mercia Ventures, Northern Powerhouse Investment Fund, Par Equity, Octopus Ventures, Calm/Storm Ventures, and various angel investors. The company plans to use the funds to further expand its global operations, targeting the US healthcare market with an aim to improve pediatric clinical trials and support systems. Little Journey also anticipates product enhancements that will improve data collection and interoperability, making healthcare more patient-centric and data-focused. The funding will bolster the company's infrastructure for scaling globally while ensuring robust security measures. Founded in 2018 by Chris Evans and Sophie Copley, Little Journey has already established a significant global presence, being used in over 100 hospitals across 11 countries. The company also collaborates with pharmaceutical companies to improve pediatric clinical trials, helping reduce barriers to trial participation and accelerating the development of children's medicines. The funding round is further supported by a substantial grant from LEGO Foundation and SBRI Healthcare to enhance app accessibility for children with disabilities and engage neurodivergent children.
Sectors
- Healthcare Technology
- Venture Capital
- Paediatric Care
- Life Sciences
Geography
- United Kingdom – The article is focused on a UK-based company, Little Journey, and its funding initiatives.
- United States – The company's strategic expansion is focused on entering and establishing a presence within the US healthcare market.
- Global – The article also highlights Little Journey's existing and planned global operations and partnerships.
Industry
- Healthcare Technology – Relates to Little Journey's innovations in pediatric healthcare by utilizing technology to enhance treatment delivery.
- Venture Capital – Pertains to the participation of several venture capital firms, including Mercia Ventures, in the funding round.
- Paediatric Care – Focuses on specialized healthcare technologies designed for children, which Little Journey is innovating in.
- Life Sciences – Involves the application of science and technology to improve clinical trial processes and patient care outcomes.
Financials
- £6 million – The amount raised during the Series A funding round by Little Journey.
- £2.09 million – Grant funding from the LEGO Foundation's Play for All Accelerator.
- £493,000 – Grant funding received from SBRI Healthcare.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Little Journey | Recipient | Company | A healthtech company focused on transforming pediatric care. |
| Mercia Ventures | Investor | PE Firm | A leading private equity firm participating in Little Journey's Series A funding round. |
| Northern Powerhouse Investment Fund (NPIF) | Investor | Venture Capital | An initiative providing investment to support high-growth businesses in the north of England. |
| Par Equity | Investor | Venture Capital | A venture capital firm facilitating Little Journey's strategic growth plans. |
| Octopus Ventures | Investor | Venture Capital | A venture capital firm known for investing in high-growth businesses. |
| Calm/Storm Ventures | Investor | Venture Capital | A venture capital firm investing in health and wellness startups. |
| Chris Evans | CEO and Co-Founder | Person | Co-Founder and CEO of Little Journey, with a background in anaesthesia. |
| Sophie Copley | Co-Founder & CPO | Person | Co-Founder and Chief Product Officer of Little Journey. |
| Elizabeth Young | Investment Manager | Person | Investment Manager at Par Equity involved in the strategic planning for Little Journey. |
| LEGO Foundation | Grant Provider | Charity | Supporting Little Journey's projects through initiatives like the Play for All Accelerator. |
| SBRI Healthcare | Grant Provider | Government | Providing grant funding to support healthcare innovation. |