# Nova Innovation funding: rounds and investors

> Nova Innovation has raised $51M across 4 rounds since 2021. Investors include EIC Accelerator and EISMEA. Every round with its source.

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

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

# Who invested in *Nova Innovation*

4 rounds we have observed, with the 2 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.

Energy

Raised 3 months ago

Funding summary Updated 26 Oct 2026

**$51M** raised across 4 rounds since 2021, from 4 sources

**$10M** Round **$18M** Round **$22M** Grant **$1.3M** Round

- **Latest round:** Round, $1.3M Aug 2026
- **Biggest round:** $22M Grant · Nov 2023
- **Investors:** 2

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

**$10M** Round

**$18M** Round

**$22M** Grant

**$1.3M** Round

- **First round:** Round, $10M
- **Biggest round:** $22M
- **Usual gap between rounds:** 20 months

## The rounds

- **Aug 2026** Round **$1.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2023** Grant **$22M** *2 new* [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [EISMEA](https://millionrounds.com/fund/eismea) Source recorded
- **Mar 2022** Round **$18M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Sept 2021** Round **$10M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Nova Innovation filed 3 raises, $30M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$1.3M** UK share allotment
- Mar 2022 **$18M** UK share allotment
- Sept 2021 **$10M** UK share allotment

## Founders and team

From Nova Innovation's own website: 8 on the team.

- **Simon Forrest** Chief Executive Officer
- **Gary Connor** Chief Technical Officer
- **John Meagher** Chief Business Officer
- **Jill Ker** Head of Finance
- **Seumas MacKenzie** Head of Operations & Programmes
- **Willie Rowell** Head of Delivery
- **Brian Aird** Non-Exec Director
- **Guy Madgwick** Chair

## 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 **Grant** 2023 **Round** 2026 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [EISMEA](https://millionrounds.com/fund/eismea)

## Everyone who backed them

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **1** round

[EISMEA](https://millionrounds.com/fund/eismea) Investment firm **1** round

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

## Also claim to have backed them

This firm lists Nova Innovation 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.

[VISION](https://millionrounds.com/fund/vision) VC firm Per its own site

## Quick answers about Nova Innovation

### Who invested in Nova Innovation?

Nova Innovation's investors include EIC Accelerator and EISMEA.

### How much has Nova Innovation raised?

Nova Innovation has raised $51M across 4 rounds since 2021.

### When did Nova Innovation last raise?

Nova Innovation's most recent round, $1.3M, was in Aug 2026.

### What was Nova Innovation's biggest round?

Nova Innovation's largest round on record is $22M (Grant), in Nov 2023.

### Who backed Nova Innovation first?

Nova Innovation's first round on record, in Nov 2023, was backed by EIC Accelerator and EISMEA.

### What stage is Nova Innovation at?

Nova Innovation's latest named round is a Grant, in Nov 2023.

### Where is Nova Innovation based?

Nova Innovation is based in the United Kingdom.

## Companies like Nova Innovation

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

[**novosound** $8.7M · Sept 2026](https://millionrounds.com/company/novosound)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**SolarSub** $1.8M · Sept 2026](https://millionrounds.com/company/solarsub)[**Nyobolt** $155M · Aug 2026](https://millionrounds.com/company/nyobolt)[**Breathe Battery Technologies** $132M · Aug 2026](https://millionrounds.com/company/breathe-battery-technologies)

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