# Puraffinity funding: rounds and investors

> Puraffinity has raised $23M across 3 rounds since 2023. Investors include Octopus Ventures, Business Growth Fund and Verve Ventures.

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

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

# Who invested in *Puraffinity*

3 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.

Chemicals & Materials

Funding summary Updated 26 Oct 2026

**$23M** raised across 3 rounds since 2023, from 3 sources

**$13M** Series A **$893K** Series A **$8.8M** Series A

- **Latest round:** Series A, $8.8M Sept 2024
- **Biggest round:** $13M Series A · Jun 2023
- **Step-up i:** 9.9×
- **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.

2024

**$13M** Series A

**$893K** Series A

**$8.8M** Series A

- **First round:** Series A, $13M
- **Biggest round:** $13M
- **Usual gap between rounds:** 13 months

## The rounds

- **Sept 2024** Series A **$8.8M** *4 new* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Verve Ventures](https://millionrounds.com/fund/verve-ventures) [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) Source recorded
- **Aug 2023** Series A **$893K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2023** Series A **$13M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Puraffinity filed 5 raises, $25M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2026 **$2.5M** UK share allotment
- Jan 2026 **Amount not stated** UK share allotment
- Jul 2024 **$8.7M** UK share allotment
- Aug 2023 **$893K** UK share allotment
- Jun 2023 **$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** 2023 **Series A** 2023 **Series A** 2024 [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Verve Ventures](https://millionrounds.com/fund/verve-ventures) [Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc)

## Everyone who backed them

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

[Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **1** round

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

[Kindred Capital](https://millionrounds.com/fund/kindred-capital-vc) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Puraffinity as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[HG Ventures](https://millionrounds.com/fund/hg-ventures) Corporate VC Per its own site

[The Heritage Group Accelerator](https://millionrounds.com/fund/the-heritage-group-accelerator) Accelerator Per its own site

## Quick answers about Puraffinity

### Who invested in Puraffinity?

Puraffinity's investors include Octopus Ventures, Business Growth Fund, Verve Ventures and Kindred Capital.

### How much has Puraffinity raised?

Puraffinity has raised $23M across 3 rounds since 2023.

### When did Puraffinity last raise?

Puraffinity's most recent round was a Series A of $8.8M in Sept 2024.

### What was Puraffinity's biggest round?

Puraffinity's largest round on record is $13M (Series A), in Jun 2023.

### Who backed Puraffinity first?

Puraffinity's first round on record, in Sept 2024, was backed by Octopus Ventures, Business Growth Fund and Verve Ventures and 1 others.

### What stage is Puraffinity at?

Puraffinity's latest named round is a Series A, in Sept 2024.

### Where is Puraffinity based?

Puraffinity is based in the United Kingdom.

## Companies like Puraffinity

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

[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**Eterna Regeneratives** $4.0M · Sept 2026](https://millionrounds.com/company/eterna-regeneratives)[**iGii** $27M · Sept 2026](https://millionrounds.com/company/igii)[**Nanoloom** $567K · Sept 2026](https://millionrounds.com/company/nanoloom)[**Chemify** $81M · Sept 2026](https://millionrounds.com/company/chemify)

## Find investors like these

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