# Net Purpose funding: rounds and investors

> Net Purpose has raised $12M across 2 rounds since 2022. Investors include Luminate, Revent and Illuminate Financial Management. Every round with its source.

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

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

# Who invested in *Net Purpose*

2 rounds we have observed, with the 5 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.

Cleantech

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$12M** raised across 2 rounds since 2022, from 2 sources

**$11M** Series A **$1.0M** Round

- **Latest round:** Round, $1.0M Oct 2025
- **Biggest round:** $11M Series A · Oct 2022
- **Investors:** 5

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.

2023 2024 2025

**$11M** Series A

**$1.0M** Round

- **First round:** Series A, $11M
- **Biggest round:** $11M
- **Between rounds:** 3.1 years

## The rounds

- **Oct 2025** Round **$1.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2022** Series A **$11M** *5 new* [Luminate](https://millionrounds.com/fund/luminate-accelerator) [Revent](https://millionrounds.com/fund/revent-2) [Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) [ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) [Exceptional Ventures](https://millionrounds.com/fund/exceptional-ventures) Source recorded

## Funding filed with regulators

Net Purpose filed 2 raises, $14M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Oct 2025 **$1.0M** UK share allotment
- Aug 2022 **$13M** 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.

**Series A** 2022 **Round** 2025 [Luminate](https://millionrounds.com/fund/luminate-accelerator) [Revent](https://millionrounds.com/fund/revent-2) [Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) [ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) [Exceptional Ventures](https://millionrounds.com/fund/exceptional-ventures)

## Everyone who backed them

[Luminate](https://millionrounds.com/fund/luminate-accelerator) Accelerator **1** round

[Revent](https://millionrounds.com/fund/revent-2) VC firm **1** round

[Illuminate Financial Management](https://millionrounds.com/fund/illuminate-financial) VC firm **1** round

[ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) VC firm **1** round

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

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

## Quick answers about Net Purpose

### Who invested in Net Purpose?

Net Purpose's investors include Luminate, Revent, Illuminate Financial Management, ETF Partners and Exceptional Ventures.

### How much has Net Purpose raised?

Net Purpose has raised $12M across 2 rounds since 2022.

### When did Net Purpose last raise?

Net Purpose's most recent round, $1.0M, was in Oct 2025.

### What was Net Purpose's biggest round?

Net Purpose's largest round on record is $11M (Series A), in Oct 2022.

### Who backed Net Purpose first?

Net Purpose's first round on record, in Oct 2022, was backed by Luminate, Revent and Illuminate Financial Management and 2 others.

### What stage is Net Purpose at?

Net Purpose's latest named round is a Series A, in Oct 2022.

### Where is Net Purpose based?

Net Purpose is based in the United Kingdom.

## Companies like Net Purpose

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

[**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**Myriad Wind Energy Systems** $1.8M · Sept 2026](https://millionrounds.com/company/myriad-wind-energy-systems)[**RheEnergise** $6.3M · Sept 2026](https://millionrounds.com/company/rheenergise)[**Rightcharge** $1.4M · Sept 2026](https://millionrounds.com/company/rightcharge)

## 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