The £8 million Series B extension round was supported by Autotech Ventures, Global Suzuki Ventures, Porsche Ventures, JLR’s InMotion Ventures, and Shell Ventures.
The pre-seed round was led by Twin Path Ventures, with participation from Atlas AI^VB Fund I, XTX Ventures, and SFC Capital.
The pre-seed round was led by Project A, with additional backing from angel investors linked to Revolut, Monzo, and J.P. Morgan.
Tracelight’s $3.6 million seed round was led by Chalfen Ventures with participation from Acequia Capital and Inovo, EF.
The fresh round saw support from existing angel investors.
The £100 million will fund Cambridge spinouts by supporting their development, commercialisation, and growth through investment and the Entrepreneur in Residence programme.
The Series A round was led by Balderton Capital and Pentland Ventures, with support from Norrsken VC and JamJar Investments.
The Series C round was co-led by L&G (Legal & General), Allegis Capital, and Lightrock.