Who invested in Material Index

2 rounds we have observed, with the 0 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.

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Funding summaryUpdated 31 Oct 2026

$1.8Mraised across 2 rounds since 2024, from 2 sources

$1.2MPre-seed$646KRound

Latest round: Round, $646KOct 2025
Biggest round: $1.2MPre-seed · Nov 2024
Investors: 0

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

$1.2MPre-seed$646KRound

First round: Pre-seed, $1.2M
Biggest round: $1.2M
Between rounds: 11 months

The rounds

Oct 2025
Round$646K
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
Nov 2024
Pre-seed$1.2M
No investor was named in the report.
Source recorded

Funding filed with regulators

Material Index filed 2 raises, $776K in all. Filings say how much was sold and to how many investors; they never name the investors.

Oct 2025$646KUK share allotment
Nov 2024$130KUK share allotment

Founders and team

From Material Index's own website: 10 on the team.

Morgan LewisDirector, CEO (BA Arch.) (Cantab)
Stuart BourhillHead of Engineering BSc (CompSci)
Enabling MaterialYour collaborative partner for the Circular Economy .
Eshe LaneProject Manager (BA)
Felix McCabeProject Lead - Audits (MArch.)
Hanah HumphreyAudit Co-Lead (MArch.)
Oliver LawsonMaterial Exchange Lead (BSc)
Olivia DawProduct Lead (MArch.)
Samiur RahmanSoftware Engineer (BSc)
Venetia FlintCircular Procurement Lead (BSc Hons)

Also claim to have backed them

These 2 firms list Material Index 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.