# Phlux Technology funding: rounds and investors > Phlux Technology has raised $12M across 2 rounds since 2022. Investors include Innovate UK, Octopus Ventures and Business Growth Fund. Source: https://millionrounds.com/company/phlux-technology (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series A startup](https://millionrounds.com/companies) # Who invested in *Phlux Technology* 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. Hardware & Electronics Funding summary Updated 26 Oct 2026 **$12M** raised across 2 rounds since 2022, from 2 sources **$182K** Seed **$12M** Series A - **Latest round:** Series A, $12M Mar 2025 - **Step-up i:** 63.8× - **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 **$182K** Seed **$12M** Series A - **First round:** Seed, $182K - **Biggest round:** $12M - **Between rounds:** 2.3 years ## The rounds - **Mar 2025** Series A **$12M** *5 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Foresight Group](https://millionrounds.com/fund/foresight-group) [Northern Gritstone](https://millionrounds.com/fund/northern-gritstone) Source recorded - **Nov 2022** Seed **$182K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators Phlux Technology filed 2 raises, $12M in all. Filings say how much was sold and to how many investors; they never name the investors. - Apr 2025 **$12M** UK share allotment - Nov 2022 **$182K** UK share allotment ## Founders and team From Phlux Technology's own website: 3 founders, 7 on the team. **Ben White** Co-Founder and CEO **Chee Hing Tan** Co-founder **Jo Shien Ng** Co-Founder - **Brian Williams** Vice President of Operations - **Christian Rookes** VP of Marketing and Business Development - **Stuart Sendall** Head of Sales - **Daniel Matthews** Director of Engineering - **David Crisp** Chair - **Iain Ness** Director of Finance - **Xiao Collins** Principal Engineer ## 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. **Seed** 2022 **Series A** 2025 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Foresight Group](https://millionrounds.com/fund/foresight-group) [Northern Gritstone](https://millionrounds.com/fund/northern-gritstone) ## Everyone who backed them [Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) VC firm **1** round [Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **1** round [Foresight Group](https://millionrounds.com/fund/foresight-group) Private equity **1** round [Northern Gritstone](https://millionrounds.com/fund/northern-gritstone) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=phlux-technology). ## Quick answers about Phlux Technology ### Who invested in Phlux Technology? Phlux Technology's investors include Innovate UK, Octopus Ventures, Business Growth Fund, Foresight Group and Northern Gritstone. ### How much has Phlux Technology raised? Phlux Technology has raised $12M across 2 rounds since 2022. ### When did Phlux Technology last raise? Phlux Technology's most recent round was a Series A of $12M in Mar 2025. ### What was Phlux Technology's biggest round? Its most recent round, $12M in Mar 2025, is also its largest on record. ### Who backed Phlux Technology first? Phlux Technology's first round on record, in Mar 2025, was backed by Innovate UK, Octopus Ventures and Business Growth Fund and 2 others. ### What stage is Phlux Technology at? Phlux Technology's latest named round is a Series A, in Mar 2025. ### Where is Phlux Technology based? Phlux Technology is based in the United Kingdom. ## Companies like Phlux Technology In the same sector, and raised in the last eighteen months. [**mOm Incubators** $191M · Oct 2026](https://millionrounds.com/company/mom-incubators)[**Living Optics** $61M · Oct 2026](https://millionrounds.com/company/living-optics)[**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**Flow Engineering** $73M · Sept 2026](https://millionrounds.com/company/flow-engineering)[**SCI Semiconductor** $13M · Sept 2026](https://millionrounds.com/company/sci-semiconductor)[**Finchetto** $4.0M · Aug 2026](https://millionrounds.com/company/finchetto) ## 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