United Kingdom · Who invested in CorrosionRADAR?
CorrosionRADAR's investors include Finindus, Innovate UK, Mercia Asset Management, Mercia Tech and Aramco Ventures. Finindus led its latest round.
2024
$1.9MRound$7.5MRound$6.4MSeries B?Growth
United Kingdom · Growth startup
Who invested in CorrosionRADAR
Funding summaryUpdated 26 Oct 2026
$16Mraised across 4 rounds since 2023, from 4 sources
$1.9MRound$7.5MRound$6.4MSeries B
- Latest round
- GrowthSept 2024
- Led by
- Finindus
- Biggest round
- $7.5MRound · Mar 2024
- Investors
- 5 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $1.9M Mar 2023
- Biggest round
- $7.5M Round · Mar 2024
- Usual gap between rounds
- 3 months the median of 3
The rounds
- Sept 2024
- Jul 2024
- Mar 2024Round$7.5M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
- Mar 2023Round$1.9M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
Funding filed with regulators
CorrosionRADAR filed 4 raises, $9.3M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Apr 2024$1.4MUK share allotment
- Mar 2024$6.1MUK share allotment
- Apr 2023$466KUK share allotment
- Mar 2023$1.4MUK share allotment
Founders and team
From CorrosionRADAR's own website: 11 on the team.
- Dr. Chiraz EnnaceurChief Executive Officer
- Barney EdgarChief Financial Officer
- Dr. Mehrdad SilataniChief Revenue Officer
- Dr. Prafull SharmaChief Technology Officer
- Giles HutchisonChief Operating Officer
- Mariem AkroutChief Industrial AI Office
- Steve TongishChief Marketing Officer
- Dominic EmeryNon-Executive Director
- Dr. Shailendra VyakarnamNon-Executive Director
- Dr. Yoann Eras LageDirector of Engineering
- Richard GreenChairman
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Round2023Round2024Series B2024Growth2024
FinindusL
Innovate UK
Mercia Asset Management
Mercia Tech
Aramco Ventures
FinindusLInnovate UKMercia Asset ManagementMercia TechAramco VenturesEveryone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about CorrosionRADAR
How much has CorrosionRADAR raised?
CorrosionRADAR has raised $16M across 4 rounds since 2023. One round did not disclose an amount, so the total is a floor.
When did CorrosionRADAR last raise?
CorrosionRADAR's most recent round was a Growth in Sept 2024, led by Finindus.
What was CorrosionRADAR's biggest round?
CorrosionRADAR's largest round on record is $7.5M, in Mar 2024.
Who backed CorrosionRADAR first?
CorrosionRADAR's first round on record, in Jul 2024, was backed by Innovate UK, Mercia Asset Management and Mercia Tech and 1 others.
What stage is CorrosionRADAR at?
CorrosionRADAR's latest named round is a Growth, in Sept 2024.
Where is CorrosionRADAR based?
CorrosionRADAR is based in the United Kingdom.
Who led CorrosionRADAR's rounds?
Finindus led the Growth in 2024.
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