# Modulous funding: rounds and investors

> Modulous has raised $13M across 1 round since 2022. Investors include Innovate UK, Elemental Impact and Blackhorn Ventures. Every round with its source.

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

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

# Who invested in *Modulous*

One round we have observed, with the 3 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.

Construction

Funding summary Updated 26 Oct 2026

**$13M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $13M Sept 2022
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2022** Series A **$13M** [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Blackhorn Ventures](https://millionrounds.com/fund/blackhorn-ventures) Source recorded

## Funding filed with regulators

Modulous filed 2 raises, $18M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Oct 2022 **$1.1M** UK share allotment
- Aug 2022 **$17M** UK share allotment

## Everyone who backed them

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

[Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round

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

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

## Quick answers about Modulous

### Who invested in Modulous?

Modulous's investors include Innovate UK, Elemental Impact and Blackhorn Ventures.

### How much has Modulous raised?

Modulous has raised $13M across 1 round since 2022.

### When did Modulous last raise?

Modulous's most recent round was a Series A of $13M in Sept 2022.

### What was Modulous's biggest round?

Its most recent round, $13M in Sept 2022, is also its largest on record.

### Who backed Modulous first?

Modulous's first round on record, in Sept 2022, was backed by Innovate UK, Elemental Impact and Blackhorn Ventures.

### What stage is Modulous at?

Modulous's latest named round is a Series A, in Sept 2022.

### Where is Modulous based?

Modulous is based in the United Kingdom.

## Companies like Modulous

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

[**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Penelope Health** $100M · Sept 2026](https://millionrounds.com/company/penelope-health)[**Callosum** $110M · Aug 2026](https://millionrounds.com/company/callosum)[**Materials Market** $8.7M · Aug 2026](https://millionrounds.com/company/materials-market)[**MS3 Networks** $136M · Jul 2026](https://millionrounds.com/company/ms3-networks)

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