United Kingdom · Seed startup

Who invested in Parallel Carbon

2 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.

Cleantech

Funding summaryUpdated 26 Oct 2026

$3.8Mraised across 2 rounds since 2021, from 2 sources

$202KRound$3.6MSeed
Latest round
Seed, $3.6MJan 2024
Step-upi
17.8×
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.

202220232024
$202KRound$3.6MSeed
First round
Round, $202K
Sept 2021
Biggest round
$3.6M
Seed · Jan 2024
Between rounds
2.3 years
from the last two

The rounds

  1. Jan 2024
    Seed$3.6M3 new

    Source recordedSEC filing: $3.6M sold, first sale Dec 2023

  2. Sept 2021
    Round$202K

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

Funding filed with regulators

Parallel Carbon filed one raise, $202K in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Sept 2021$202KUK 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.

Everyone who backed them

DNX VenturesVC firm1round
Axon Partners GroupCorporate VC1round
Aramco VenturesCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Parallel Carbon 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.

Deep Science VenturesAcceleratorPer its own site

Quick answers about Parallel Carbon

Who invested in Parallel Carbon?

Parallel Carbon's investors include DNX Ventures, Axon Partners Group and Aramco Ventures.

How much has Parallel Carbon raised?

Parallel Carbon has raised $3.8M across 2 rounds since 2021.

When did Parallel Carbon last raise?

Parallel Carbon's most recent round was a Seed of $3.6M in Jan 2024.

What was Parallel Carbon's biggest round?

Its most recent round, $3.6M in Jan 2024, is also its largest on record.

Who backed Parallel Carbon first?

Parallel Carbon's first round on record, in Jan 2024, was backed by DNX Ventures, Axon Partners Group and Aramco Ventures.

What stage is Parallel Carbon at?

Parallel Carbon's latest named round is a Seed, in Jan 2024.

Where is Parallel Carbon based?

Parallel Carbon is based in the United Kingdom.

Companies like Parallel Carbon

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

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