How academic founders raise capital in the UK
How UK academic founders raise capital. Insight from Innovate UK, Amadeus Capital and one founder who chose another path.
Matt Thomas is the co-founder of ThatRound, helping to build the UK’s go-to marketplace for startup fundraising. With a background in scaling early-stage companies and advising founders, Matt brings a sharp focus on what investors really look for – and how startups can position themselves to meet that bar.
Before joining ThatRound, Matt led growth and strategy roles across fast-moving tech businesses, gaining a deep understanding of product-market fit, commercial traction, and founder–investor dynamics. His writing combines practical fundraising advice with straight-talking insights drawn from both sides of the table.
Matt’s articles, including his widely-read breakdown on product-market fit, aim to demystify the investor mindset and help founders make better, faster decisions. At ThatRound, he’s focused on building transparent, time-saving tools that help founders connect with the right funding partners at the right stage.
Outside of work, Matt mentors founders, contributes to startup ecosystem events, and keeps a close eye on UK venture market trends.