Cambridge University spinout Illumion raised £2.1 million in a seed investment round led by Foresight Group to expand its team and develop advanced analytical software.
Amount Raised
£2.1 Million
Round Type
Seed
CambridgeManufacturingEnergyRenewable EnergyInvestors
Description
Illumion has closed a £2.1 million seed investment round to enhance its innovative charge photometry technology, which provides insights into battery materials. The funding will allow Illumion to grow its team and explore new market opportunities in the battery industry.
Quick answer
Illumion raised £2.1 Million in a Seed round, dated December 4, 2024. Investors: Cambridge Enterprise, Parkwalk Advisers, Cambridge Angels and Foresight Group. Illumion is based in Cambridge, England, United Kingdom.
- How much did Illumion raise?
- Illumion raised £2.1 Million in a Seed round on December 4, 2024.
- Who invested in Illumion?
- Cambridge Enterprise, Parkwalk Advisers, Cambridge Angels and Foresight Group are named as investors in this round.
- What does Illumion do?
- Illumion is a University of Cambridge spinout founded in 2022 that focuses on battery material development using innovative techniques.
- Where is Illumion based and how big is it?
- Illumion is based in Cambridge, England, United Kingdom.
- Who are the decision-makers at Illumion?
- Fundz holds 1 contact at Illumion. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Illumion that raised within 45 days of this round, from Fundz verified event records.
- Naco Technologies raised $2.6M (Pre-Series A) on January 17, 2025.
- H2SITE raised $37M (Series B) on January 17, 2025.
- Moment Energy raised $15M (Series A) on January 16, 2025.
- PHOTON IP raised $4.8M (Seed) on January 13, 2025.
- Zero Industrial raised $10M on January 10, 2025.
- Qvantum raised $111M (Series C) on January 8, 2025.
Who to call at Illumion, and when
A new round usually means Illumion is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Illumion raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Illumion, from your own LinkedIn network
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Related People
Illumion 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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