# Immaterial funding: rounds and investors

> Immaterial has raised $18M across 1 round since 2025. Investors include SLB, Revolution and Chevron Technology Ventures. Every round with its source.

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

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

# Who invested in *Immaterial*

One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Engineering

Funding summary Updated 26 Oct 2026

**$18M** raised across 1 round since 2025, from 2 sources

- **Latest round:** Series A, $18M Oct 2025
- **Led by:** SLB
- **Investors:** 7 (1 led)

See who backed them

## The rounds

- **Oct 2025** Series A **$18M** [SLB](https://millionrounds.com/fund/slb) Lead [Revolution](https://millionrounds.com/fund/revolution) [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) [AP Ventures](https://millionrounds.com/fund/ap-ventures) [Finindus](https://millionrounds.com/fund/finindus) [Jogchum Brinksma](https://millionrounds.com/fund/jogchum-brinksma) [Moeve](https://millionrounds.com/fund/moeve) Reported by Firms' own news pages and 1 other

## Funding filed with regulators

Immaterial filed 4 raises, $36M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2025 **$1.2M** UK share allotment
- Oct 2025 **$18M** UK share allotment
- Oct 2023 **$273K** UK share allotment
- Sept 2023 **$17M** UK share allotment

## Founders and team

From Immaterial's own website: 1 founder, 7 on the team.

**Prof. David Fairen-Jimenez** Founder

- **Mohammed Khan** CEO, Board Member
- **Owen Garrigan** CTO
- **Alan E. Nelson** Board Member
- **Ate Visser** Board Member
- **Belén Linares** Board Member
- **Kevin Eggers** Board Member
- **Jogchum Brinksma** Team

Advisers *Andrew Milnes* *John Walker* *Michael Pambianchi* *Neil MacDougall*

## Everyone who backed them

[SLB](https://millionrounds.com/fund/slb) Corporate VC **1** round, led 1

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

[Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) Corporate VC **1** round

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

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

[Jogchum Brinksma](https://millionrounds.com/fund/jogchum-brinksma) VC firm **1** round

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

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

## Also claim to have backed them

This firm lists Immaterial as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Energy Revolution Ventures](https://millionrounds.com/fund/energy-revolution-ventures) VC firm Per its own site

## Quick answers about Immaterial

### Who invested in Immaterial?

Immaterial's investors include SLB, Revolution, Chevron Technology Ventures, AP Ventures and Finindus, and 2 more on record. SLB led its latest round.

### How much has Immaterial raised?

Immaterial has raised $18M across 1 round since 2025.

### When did Immaterial last raise?

Immaterial's most recent round was a Series A of $18M in Oct 2025, led by SLB.

### What was Immaterial's biggest round?

Its most recent round, $18M in Oct 2025, is also its largest on record.

### Who backed Immaterial first?

Immaterial's first round on record, in Oct 2025, was backed by SLB, Revolution and Chevron Technology Ventures and 4 others.

### What stage is Immaterial at?

Immaterial's latest named round is a Series A, in Oct 2025.

### Where is Immaterial based?

Immaterial is based in the United Kingdom.

### Who led Immaterial's rounds?

SLB led the Series A in 2025.

## Companies like Immaterial

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

[**Flow Engineering** $73M · Sept 2026](https://millionrounds.com/company/flow-engineering)[**BE Design** Aug 2026](https://millionrounds.com/company/be-design)[**PhysicsX** $477M · Jun 2026](https://millionrounds.com/company/physicsx)[**Imperagen** $11M · May 2026](https://millionrounds.com/company/imperagen)[**AcoustoFab** $3.0M · Apr 2026](https://millionrounds.com/company/acoustofab)[**INITION ENERGY** $984K · Apr 2026](https://millionrounds.com/company/inition-energy)

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