# Exergy3 funding: rounds and investors > Exergy3 has raised $15M across 2 rounds since 2024. Investors include Scottish Enterprise, UK government and Old College Capital Lp. Source: https://millionrounds.com/company/exergy3 (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Seed startup](https://millionrounds.com/companies) # Who invested in *Exergy3* 2 rounds we have observed, with the 7 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. Cleantech Raised 7 months ago Funding summary Updated 26 Oct 2026 **$15M** raised across 2 rounds since 2024, from 3 sources **$1.3M** Pre-seed **$14M** Seed - **Latest round:** Seed, $14M Apr 2026 - **Step-up i:** 10.4× - **Investors:** 7 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 **$1.3M** Pre-seed **$14M** Seed - **First round:** Pre-seed, $1.3M - **Biggest round:** $14M - **Between rounds:** 19 months ## The rounds - **Apr 2026** Seed **$14M** *4 new* *3 returning* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) [Leo Capital](https://millionrounds.com/fund/leo-capital) [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) [UK government](https://millionrounds.com/fund/uk-government) [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) [Kibo Invest](https://millionrounds.com/fund/kibo-invest) Reported by Firms' own news pages and 1 other - **Sept 2024** Pre-seed **$1.3M** *3 new* [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [UK government](https://millionrounds.com/fund/uk-government) [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) Source recorded ## Funding filed with regulators Exergy3 filed 3 raises, $13M in all. Filings say how much was sold and to how many investors; they never name the investors. - Apr 2026 **$2.0M** UK share allotment - Mar 2026 **$9.9M** UK share allotment - Aug 2024 **$1.3M** UK share allotment ## Founders and team From Exergy3's own website: 4 on the team. - **Dr Markus Rondé** CEO - **Alex Gawley** Non-Executive Director - **Lachlan Thom** Business Development & Commercial Lead - **Simon Wittmann** Market Development & Commercial Lead – Bavaria/EU ## 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. **Pre-seed** 2024 **Seed** 2026 [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) [UK government](https://millionrounds.com/fund/uk-government) [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) [Leo Capital](https://millionrounds.com/fund/leo-capital) [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) [Kibo Invest](https://millionrounds.com/fund/kibo-invest) ## Everyone who backed them [Scottish Enterprise](https://millionrounds.com/fund/scottish-enterprise) Government **2** rounds [UK government](https://millionrounds.com/fund/uk-government) Government **2** rounds [Old College Capital Lp](https://millionrounds.com/fund/old-college-capital) VC firm **2** rounds [Bayern Kapital](https://millionrounds.com/fund/bayern-kapital) Government **1** round [Leo Capital](https://millionrounds.com/fund/leo-capital) VC firm **1** round [Axeleo Capital](https://millionrounds.com/fund/axeleo-capital) VC firm **1** round [Kibo Invest](https://millionrounds.com/fund/kibo-invest) Family office **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=exergy3). ## Quick answers about Exergy3 ### Who invested in Exergy3? Exergy3's investors include Scottish Enterprise, UK government, Old College Capital Lp, Bayern Kapital and Leo Capital, and 2 more on record. ### How much has Exergy3 raised? Exergy3 has raised $15M across 2 rounds since 2024. ### When did Exergy3 last raise? Exergy3's most recent round was a Seed of $14M in Apr 2026. ### What was Exergy3's biggest round? Its most recent round, $14M in Apr 2026, is also its largest on record. ### Who backed Exergy3 first? Exergy3's first round on record, in Sept 2024, was backed by Scottish Enterprise, UK government and Old College Capital Lp. ### What stage is Exergy3 at? Exergy3's latest named round is a Seed, in Apr 2026. ### Where is Exergy3 based? Exergy3 is based in the United Kingdom. ## Companies like Exergy3 In the same sector, and raised in the last eighteen months. 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