Fundz

Energy Startup Allotrope Raises £5.3M To Turn Tree Pulp Into Batteries

PRIVATEApr 11, 2023

Amount Raised

£5.3 Million

Round Type

Funding Round

ManufacturingEnergy

Description

Allotrope Energy, a startup that has developed a new form of fast-charging batteries from trees, has secured $6.7m (£5.3m) in funding.

Quick answer

Allotrope raised £5.3 Million in a Funding Round round, dated April 11, 2023.

How much did Allotrope raise?
Allotrope raised £5.3 Million in a Funding Round round on April 11, 2023.
What does Allotrope do?
Advanced ionic-capacitor development based in the South-East of the UK.

Source: Fundz verified event record.

Who else raised in Energy and Manufacturing around the same time

Companies in the same sectors as Allotrope that raised within 45 days of this round, from Fundz verified event records.

  • Lyten raised an undisclosed amount (Funding Round) on May 25, 2023.
  • EMO.energy raised $1.2M (Seed) on May 23, 2023.
  • Hyperion Companies raised $200K (Seed) on May 12, 2023.
  • Voltfang raised $5.5M (Funding Round) on May 10, 2023.
  • Enverid Systems, Inc. raised $14M on May 4, 2023.
  • Ascent Solar Technologies raised an undisclosed amount (Debt Financing) on April 25, 2023.

Who to call at Allotrope, and when

A new round usually means Allotrope is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Allotrope raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Allotrope, from your own LinkedIn network

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Company Information

Company

Allotrope

About

Advanced ionic-capacitor development based in the South-East of the UK.

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Allotrope raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.