# Locit funding: rounds and investors

> Locit has raised $1.3M across 1 round since 2026. Investors include Development Bank of Wales. Every round with its source.

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

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

# Who invested in *Locit*

One round we have observed, with the one investor 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.

Manufacturing

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$1.3M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $1.3M May 2026
- **Investors:** 1

See who backed them

## The rounds

- **May 2026** Debt **$1.3M** [Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) Source recorded

## Everyone who backed them

[Development Bank of Wales](https://millionrounds.com/fund/development-bank-of-wales) Government **1** round

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

## Quick answers about Locit

### Who invested in Locit?

Locit's investors include Development Bank of Wales.

### How much has Locit raised?

Locit has raised $1.3M across 1 round since 2026.

### When did Locit last raise?

Locit's most recent round was a Debt of $1.3M in May 2026.

### What was Locit's biggest round?

Its most recent round, $1.3M in May 2026, is also its largest on record.

### Who backed Locit first?

Locit's first round on record, in May 2026, was backed by Development Bank of Wales.

### What stage is Locit at?

Locit's latest named round is a Debt, in May 2026.

### Where is Locit based?

Locit is based in Australia.

## Companies like Locit

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

[**PlasmaLeap Technologies** $41M · Apr 2026](https://millionrounds.com/company/plasmaleap-technologies)[**Syenta** $32M · Apr 2026](https://millionrounds.com/company/syenta)[**MGA Thermal** $12M · Mar 2026](https://millionrounds.com/company/mga-thermal)[**Hachiko** $2.5M · Dec 2025](https://millionrounds.com/company/hachiko)[**Hullbot** $16M · Nov 2025](https://millionrounds.com/company/hullbot)[**Mont Royal Resources** $1.9M · Nov 2025](https://millionrounds.com/company/mont-royal-resources)

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