# Motorway funding: rounds and investors > Motorway has raised $48M across 2 rounds since 2019. Investors include LocalGlobe, Marchmont Ventures and Index Ventures. Every round with its source. Source: https://millionrounds.com/company/motorway (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Funded startup](https://millionrounds.com/companies) # Who invested in *Motorway* 2 rounds we have observed, with the 6 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. Automotive & EVs Internet Raised 9 months ago Valuation: $1.3B, Mar 2026 Funding summary Updated 26 Oct 2026 **$48M** raised across 2 rounds since 2019, from 2 sources **$14M** Series A **$34M** Debt - **Latest round:** Debt, $34M Feb 2026 - **Step-up i:** 2.4× - **Investors:** 6 (1 led) 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. 2020 2021 2022 2023 2024 2025 2026 **$14M** Series A **$34M** Debt - **First round:** Series A, $14M - **Biggest round:** $34M - **Between rounds:** 6.6 years ## The rounds - **Feb 2026** Debt **$34M** *4 new* *1 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Founder Collective](https://millionrounds.com/fund/founder-collective) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Source recorded - **Jun 2019** Series A **$14M** *2 new* [Marchmont Ventures](https://millionrounds.com/fund/marchmont-ventures) Lead [LocalGlobe](https://millionrounds.com/fund/localglobe) Reported by FinSMEs ## Founders and team From Motorway's own website: 2 founders, 6 on the team. **Tom Leathes** CEO & Founder **Harry Jones** Co-Founder - **James Wilson** Chief Operating Officer - **Naomi Walkland** Chief Marketing Officer - **Nehal Bhayani** Chief People Officer - **Tanya Cordrey** Chief Product Officer - **Asif Ghulamali** VP of Finance - **Nic Hartley** VP of Seller Services ## 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. **Series A** 2019 **Debt** 2026 [LocalGlobe](https://millionrounds.com/fund/localglobe) [Marchmont Ventures](https://millionrounds.com/fund/marchmont-ventures) L [Index Ventures](https://millionrounds.com/fund/index-ventures) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Trinity Capital](https://millionrounds.com/fund/trinity-capital) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) ## Everyone who backed them [LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **2** rounds [Marchmont Ventures](https://millionrounds.com/fund/marchmont-ventures) VC firm **1** round, led 1 [Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round [Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **1** round [Trinity Capital](https://millionrounds.com/fund/trinity-capital) VC firm **1** round [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Family office **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=motorway). ## Also claim to have backed them These 3 firms list Motorway 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. [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity Per its own site [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office Per its own site [BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) Corporate VC Per its own site ## Quick answers about Motorway ### Who invested in Motorway? Motorway's investors include LocalGlobe, Marchmont Ventures, Index Ventures, Founder Collective and Trinity Capital, and 1 more on record. ### How much has Motorway raised? Motorway has raised $48M across 2 rounds since 2019. ### When did Motorway last raise? Motorway's most recent round was a Debt of $34M in Feb 2026. ### What was Motorway's biggest round? Its most recent round, $34M in Feb 2026, is also its largest on record. ### Who backed Motorway first? Motorway's first round on record, in Jun 2019, was backed by Marchmont Ventures and LocalGlobe. ### What stage is Motorway at? Motorway's latest named round is a Debt, in Feb 2026. ### Where is Motorway based? Motorway is based in the United Kingdom. ### Who led Motorway's rounds? Marchmont Ventures led the Series A in 2019. ## Companies like Motorway In the same sector, and raised in the last eighteen months. [**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Stasher** $8.3M · Sept 2026](https://millionrounds.com/company/stasher)[**Rightcharge** $1.4M · Sept 2026](https://millionrounds.com/company/rightcharge)[**TOGL Energy** $1.1M · Sept 2026](https://millionrounds.com/company/togl-energy)[**Velocity** $105M · Sept 2026](https://millionrounds.com/company/velocity) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app