# Echion Technologies funding: rounds and investors

> Echion Technologies has raised $84M across 5 rounds since 2021. Investors include Business Growth Fund and Parkwalk. Every round with its source.

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

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

# Who invested in *Echion Technologies*

5 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.

Energy

Funding summary Updated 26 Oct 2026

**$84M** raised across 5 rounds since 2021, from 5 sources

**$13M** Round **$336K** Round **$52M** Series B **$5.9M** Series B **$13M** Venture

- **Latest round:** Venture, $13M Nov 2024
- **Biggest round:** $52M Series B · Aug 2023
- **Step-up i:** 2.1×
- **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.

2022 2023 2024

**$13M** Round

**$336K** Round

**$52M** Series B

**$5.9M** Series B

**$13M** Venture

- **First round:** Round, $13M
- **Biggest round:** $52M
- **Usual gap between rounds:** 9 months

## The rounds

- **Nov 2024** Venture **$13M** *2 new* [Business Growth Fund](https://millionrounds.com/fund/bgf) [Parkwalk](https://millionrounds.com/fund/parkwalk) Source recorded
- **Feb 2024** Series B **$5.9M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Aug 2023** Series B **$52M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2021** Round **$336K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2021** Round **$13M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Echion Technologies filed 4 raises, $71M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Feb 2024 **$5.9M** UK share allotment
- Aug 2023 **$52M** UK share allotment
- Nov 2021 **$336K** UK share allotment
- Sept 2021 **$13M** UK share allotment

## Founders and team

From Echion Technologies's own website: 2 founders, 3 on the team.

**Jean de la Verpillière** CEO & Co-founder

**Dr Alex Groombridge** CTO & Co-founder

- **Ben Ting** Chief Commercial Officer
- **Ceri Neal** Chief Financial Officer
- **Dr Sarah Stevenson** Chief Operating Officer

## 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.

**Round** 2021 **Round** 2021 **Series B** 2023 **Series B** 2024 **Venture** 2024 [Business Growth Fund](https://millionrounds.com/fund/bgf) [Parkwalk](https://millionrounds.com/fund/parkwalk)

## Everyone who backed them

[Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **1** round

[Parkwalk](https://millionrounds.com/fund/parkwalk) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Echion Technologies as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[EMV Capital](https://millionrounds.com/fund/emv-capital-plc) VC firm Per its own site

[NetScientific PLC](https://millionrounds.com/fund/netscientific-plc) VC firm Per its own site

## Quick answers about Echion Technologies

### Who invested in Echion Technologies?

Echion Technologies's investors include Business Growth Fund and Parkwalk.

### How much has Echion Technologies raised?

Echion Technologies has raised $84M across 5 rounds since 2021.

### When did Echion Technologies last raise?

Echion Technologies's most recent round was a Venture of $13M in Nov 2024.

### What was Echion Technologies's biggest round?

Echion Technologies's largest round on record is $52M (Series B), in Aug 2023.

### Who backed Echion Technologies first?

Echion Technologies's first round on record, in Nov 2024, was backed by Business Growth Fund and Parkwalk.

### What stage is Echion Technologies at?

Echion Technologies's latest named round is a Venture, in Nov 2024.

### Where is Echion Technologies based?

Echion Technologies is based in the United Kingdom.

## Companies like Echion Technologies

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

[**novosound** $8.7M · Sept 2026](https://millionrounds.com/company/novosound)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**SolarSub** $1.8M · Sept 2026](https://millionrounds.com/company/solarsub)[**Nyobolt** $155M · Aug 2026](https://millionrounds.com/company/nyobolt)[**Breathe Battery Technologies** $132M · Aug 2026](https://millionrounds.com/company/breathe-battery-technologies)

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