# Productive Machines funding: rounds and investors > Productive Machines has raised $5.9M across 4 rounds since 2023. Investors include Innovate UK, Fuel Ventures and Future Planet Capital. Source: https://millionrounds.com/company/productive-machines (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Venture startup](https://millionrounds.com/companies) # Who invested in *Productive Machines* 4 rounds we have observed, with the 4 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. Aerospace & Space Raised 2 months ago Funding summary Updated 26 Oct 2026 **$5.9M** raised across 4 rounds since 2023, from 4 sources **$1.8M** Round **$651K** Round **$1.7M** Round **$1.7M** Venture - **Latest round:** Venture, $1.7M Sept 2026 - **Biggest round:** $1.8M Round · Mar 2023 - **Investors:** 4 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 2026 **$1.8M** Round **$651K** Round **$1.7M** Round **$1.7M** Venture - **First round:** Round, $1.8M - **Biggest round:** $1.8M - **Usual gap between rounds:** 17 months ## The rounds - **Sept 2026** Venture **$1.7M** *4 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) Source recorded - **May 2026** Round **$1.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Dec 2024** Round **$651K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Mar 2023** Round **$1.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators Productive Machines filed 5 raises, $4.2M in all. Filings say how much was sold and to how many investors; they never name the investors. - May 2026 **$1.7M** UK share allotment - Dec 2024 **$651K** UK share allotment - Apr 2023 **$558K** UK share allotment - Mar 2023 **$1.1M** UK share allotment - Mar 2023 **$180K** UK share allotment ## Founders and team From Productive Machines's own website: 2 founders, 6 on the team. **Dr Erdem Ozturk** Founder & CEO **Dr Huseyin Celikag** CTO & Co-founder - **Dr Luke Mason** Chief Software Architect - **Cristina Sesma** Head of Partnerships & Customer Success - **Dr Mateo Leco** Head of Data Science - **Kate Woods** Financial Director - **Matthew Scherba** Non-Executive Director - **Sally Clark** Resourcing Business Partner ## 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** 2023 **Round** 2024 **Round** 2026 **Venture** 2026 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) ## Everyone who backed them [Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round [Fuel Ventures](https://millionrounds.com/fund/fuel-ventures) VC firm **1** round [Future Planet Capital](https://millionrounds.com/fund/future-planet-capital) VC firm **1** round [Mercia Asset Management](https://millionrounds.com/fund/mercia-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=productive-machines). ## Also claim to have backed them This firm lists Productive Machines 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. [Act Venture Partners](https://millionrounds.com/fund/act-venture-partners) VC firm Per its own site ## Quick answers about Productive Machines ### Who invested in Productive Machines? Productive Machines's investors include Innovate UK, Fuel Ventures, Future Planet Capital and Mercia Asset Management. ### How much has Productive Machines raised? Productive Machines has raised $5.9M across 4 rounds since 2023. ### When did Productive Machines last raise? Productive Machines's most recent round was a Venture of $1.7M in Sept 2026. ### What was Productive Machines's biggest round? Productive Machines's largest round on record is $1.8M, in Mar 2023. ### Who backed Productive Machines first? Productive Machines's first round on record, in Sept 2026, was backed by Innovate UK, Fuel Ventures and Future Planet Capital and 1 others. ### What stage is Productive Machines at? Productive Machines's latest named round is a Venture, in Sept 2026. ### Where is Productive Machines based? Productive Machines is based in the United Kingdom. ## Companies like Productive Machines In the same sector, and raised in the last eighteen months. [**Foundational** $19M · Oct 2026](https://millionrounds.com/company/foundational)[**Open Cosmos** $403M · Sept 2026](https://millionrounds.com/company/open-cosmos)[**Cambridge Aerospace** $400M · Aug 2026](https://millionrounds.com/company/cambridge-aerospace)[**Archangel Lightworks** $17M · Aug 2026](https://millionrounds.com/company/archangel-lightworks)[**Holdson** $2.8M · Jul 2026](https://millionrounds.com/company/holdson)[**StirlingX** $35M · Jul 2026](https://millionrounds.com/company/stirlingx) ## 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