# DRIFT Energy funding: rounds and investors

> DRIFT Energy has raised $5.2M across 4 rounds since 2024. Investors include Innovate UK and Octopus Ventures. Every round with its source.

Source: https://millionrounds.com/company/drift-energy (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *DRIFT Energy*

4 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$5.2M** raised across 4 rounds since 2024, from 4 sources

**$3.8M** Seed **$1.2M** Seed **$171K** Seed **$100K** Grant

- **Latest round:** Grant, $100K Apr 2026
- **Biggest round:** $3.8M Seed · Apr 2024
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$3.8M** Seed

**$1.2M** Seed

**$171K** Seed

**$100K** Grant

- **First round:** Seed, $3.8M
- **Biggest round:** $3.8M
- **Usual gap between rounds:** 4 months

## The rounds

- **Apr 2026** Grant **$100K** *2 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) Source recorded
- **Dec 2024** Seed **$171K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2024** Seed **$1.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Apr 2024** Seed **$3.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## 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.

**Seed** 2024 **Seed** 2024 **Seed** 2024 **Grant** 2026 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures)

## Everyone who backed them

[Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round

[Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=drift-energy).

## Quick answers about DRIFT Energy

### Who invested in DRIFT Energy?

DRIFT Energy's investors include Innovate UK and Octopus Ventures.

### How much has DRIFT Energy raised?

DRIFT Energy has raised $5.2M across 4 rounds since 2024.

### When did DRIFT Energy last raise?

DRIFT Energy's most recent round was a Grant of $100K in Apr 2026.

### What was DRIFT Energy's biggest round?

DRIFT Energy's largest round on record is $3.8M (Seed), in Apr 2024.

### Who backed DRIFT Energy first?

DRIFT Energy's first round on record, in Apr 2026, was backed by Innovate UK and Octopus Ventures.

### What stage is DRIFT Energy at?

DRIFT Energy's latest named round is a Grant, in Apr 2026.

### Where is DRIFT Energy based?

DRIFT Energy is based in the United Kingdom.

## Companies like DRIFT Energy

In the same sector, and raised in the last eighteen months.

[**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)[**Rightcharge** $1.4M · Sept 2026](https://millionrounds.com/company/rightcharge)[**TOGL Energy** $1.1M · Sept 2026](https://millionrounds.com/company/togl-energy)[**Breathe Battery Technologies** $132M · Aug 2026](https://millionrounds.com/company/breathe-battery-technologies)[**Nyobolt** $155M · Aug 2026](https://millionrounds.com/company/nyobolt)[**Holdson** $2.8M · Jul 2026](https://millionrounds.com/company/holdson)

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