# Metalchemy funding: rounds and investors

> Metalchemy has raised $331M across 4 rounds since 2021. Investors include Innovate UK, Founders Factory and Katapult. Every round with its source.

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

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

# Who invested in *Metalchemy*

4 rounds we have observed, with the 3 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.

Chemicals & Materials

Raised 9 months ago

Funding summary Updated 26 Oct 2026

**$331M** raised across 4 rounds since 2021, from 4 sources

**$116M** Round **$49M** Round **$314K** Crowdfunding **$165M** Round

- **Latest round:** Round, $165M Jan 2026
- **Step-up i:** 525.6×
- **Investors:** 3

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 2026

**$116M** Round

**$49M** Round

**$314K** Crowdfunding

**$165M** Round

- **First round:** Round, $116M
- **Biggest round:** $165M
- **Usual gap between rounds:** 13 months

## The rounds

- **Jan 2026** Round **$165M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2023** Crowdfunding **$314K** *3 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Founders Factory](https://millionrounds.com/fund/founder-s-factory) [Katapult](https://millionrounds.com/fund/katapult) Source recorded
- **Dec 2022** Round **$49M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2021** Round **$116M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Metalchemy filed 9 raises, $1.8B in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$27M** UK share allotment
- Aug 2026 **$370M** UK share allotment
- Feb 2026 **$2.0M** UK share allotment
- Jan 2026 **$163M** UK share allotment
- Feb 2024 **$1.1B** UK share allotment
- Dec 2022 **$49M** UK share allotment
- Aug 2022 **Amount not stated** UK share allotment
- Dec 2021 **$73M** UK share allotment
- Oct 2021 **$43M** UK share allotment

## 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 **Crowdfunding** 2023 **Round** 2026 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Founders Factory](https://millionrounds.com/fund/founder-s-factory) [Katapult](https://millionrounds.com/fund/katapult)

## Everyone who backed them

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

[Founders Factory](https://millionrounds.com/fund/founder-s-factory) Accelerator **1** round

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

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

## Also claim to have backed them

This firm lists Metalchemy 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.

[G-Force VC](https://millionrounds.com/fund/g-force) VC firm Per its own site

## Quick answers about Metalchemy

### Who invested in Metalchemy?

Metalchemy's investors include Innovate UK, Founders Factory and Katapult.

### How much has Metalchemy raised?

Metalchemy has raised $331M across 4 rounds since 2021.

### When did Metalchemy last raise?

Metalchemy's most recent round, $165M, was in Jan 2026.

### What was Metalchemy's biggest round?

Its most recent round, $165M in Jan 2026, is also its largest on record.

### Who backed Metalchemy first?

Metalchemy's first round on record, in Dec 2023, was backed by Innovate UK, Founders Factory and Katapult.

### What stage is Metalchemy at?

Metalchemy's latest named round is a Crowdfunding, in Dec 2023.

### Where is Metalchemy based?

Metalchemy is based in the United Kingdom.

## Companies like Metalchemy

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

[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**Eterna Regeneratives** $4.0M · Sept 2026](https://millionrounds.com/company/eterna-regeneratives)[**iGii** $27M · Sept 2026](https://millionrounds.com/company/igii)[**Nanoloom** $567K · Sept 2026](https://millionrounds.com/company/nanoloom)[**Chemify** $81M · Sept 2026](https://millionrounds.com/company/chemify)

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