# Kuano funding: rounds and investors

> Kuano has raised $4.8M across 5 rounds since 2021. Investors include Innovate UK, Creative Destruction Lab and Ascension. Every round with its source.

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

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

# Who invested in *Kuano*

5 rounds we have observed, with the 5 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.

AI

Raised 10 months ago

Funding summary Updated 26 Oct 2026

**$4.8M** raised across 5 rounds since 2021, from 5 sources

**$416K** Round **$570K** Round **$2.2M** Seed **$1.3M** Round **$368K** Round

- **Latest round:** Round, $368K Dec 2025
- **Biggest round:** $2.2M Seed · Sept 2023
- **Investors:** 5

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 2025

**$416K** Round

**$570K** Round

**$2.2M** Seed

**$1.3M** Round

**$368K** Round

- **First round:** Round, $416K
- **Biggest round:** $2.2M
- **Usual gap between rounds:** 17 months

## The rounds

- **Dec 2025** Round **$368K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Feb 2025** Round **$1.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2023** Seed **$2.2M** *5 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Ascension](https://millionrounds.com/fund/ascension) [ACF Investors](https://millionrounds.com/fund/acf-investors) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) Source recorded
- **Dec 2022** Round **$570K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2021** Round **$416K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Kuano filed 6 raises, $3.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2025 **$368K** UK share allotment
- Feb 2025 **$636K** UK share allotment
- Feb 2025 **$635K** UK share allotment
- Aug 2023 **$1.1M** UK share allotment
- Dec 2022 **$570K** UK share allotment
- Jun 2021 **$416K** UK share allotment

## Founders and team

From Kuano's own website: 10 on the team.

- **Vid Stojevic** CEO
- **David Wright** CTO
- **Prof. Adrian Mulholland** Head of Physical and Theoretical Chemistry
- **Andy Mulvaney** Non-Exec Director
- **Antonio Benedetti** Executive Chairman
- **Doug Best** Senior Quantum Scientist
- **Prof. Andrew Green** Chair of Condensed Matter Physics
- **Sunil Shah** Non-Exec Director
- **Ted Witek** Board Member
- **Vjeko Jadresic** Non-Exec Director

## 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** 2022 **Seed** 2023 **Round** 2025 **Round** 2025 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Ascension](https://millionrounds.com/fund/ascension) [ACF Investors](https://millionrounds.com/fund/acf-investors) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures)

## Everyone who backed them

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

[Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) Accelerator **1** round

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

[ACF Investors](https://millionrounds.com/fund/acf-investors) VC firm **1** round

[Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Kuano 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.

[Meltwind Advisory](https://millionrounds.com/fund/meltwind-advisory) VC firm Per its own site

## Quick answers about Kuano

### Who invested in Kuano?

Kuano's investors include Innovate UK, Creative Destruction Lab, Ascension, ACF Investors and Mercia Asset Management.

### How much has Kuano raised?

Kuano has raised $4.8M across 5 rounds since 2021.

### When did Kuano last raise?

Kuano's most recent round, $368K, was in Dec 2025.

### What was Kuano's biggest round?

Kuano's largest round on record is $2.2M (Seed), in Sept 2023.

### Who backed Kuano first?

Kuano's first round on record, in Sept 2023, was backed by Innovate UK, Creative Destruction Lab and Ascension and 2 others.

### What stage is Kuano at?

Kuano's latest named round is a Seed, in Sept 2023.

### Where is Kuano based?

Kuano is based in the United Kingdom.

## Companies like Kuano

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

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs)

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