# Rolls-Royce SMR funding: rounds and investors

> Rolls-Royce SMR has raised $1.2B across 8 rounds since 2021. Investors include National Wealth Fund. Every round with its source.

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

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

# Who invested in *Rolls-Royce SMR*

8 rounds we have observed, with the one investor 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 7 months ago

Funding summary Updated 26 Oct 2026

**$1.2B** raised across 8 rounds since 2021, from 8 sources

**$104M** Round **$56M** Round **$58M** Round **$74M** Round **$61M** Round **$12M** Round **$6.8M** Round **$805M** Debt

- **Latest round:** Debt, $805M Apr 2026
- **Step-up i:** 118.9×
- **Investors:** 1

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

**$104M** Round

**$56M** Round

**$58M** Round

**$74M** Round

**$61M** Round

**$12M** Round

**$6.8M** Round

**$805M** Debt

- **First round:** Round, $104M
- **Biggest round:** $805M
- **Usual gap between rounds:** 6 months

## The rounds

- **Apr 2026** Debt **$805M** *1 new* [National Wealth Fund](https://millionrounds.com/fund/national-wealth-fund) Source recorded
- **Jun 2025** Round **$6.8M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2024** Round **$12M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2023** Round **$61M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2023** Round **$74M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Dec 2022** Round **$58M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2022** Round **$56M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Nov 2021** Round **$104M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Rolls-Royce SMR filed 15 raises, $499M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jun 2025 **$6.8M** UK share allotment
- Mar 2025 **$128M** UK share allotment
- Jan 2025 **Amount not stated** UK share allotment
- Jun 2024 **$12M** UK share allotment
- Jan 2024 **$44M** UK share allotment
- Dec 2023 **$16M** UK share allotment
- Jul 2023 **$70M** UK share allotment
- Jun 2023 **$4.0M** UK share allotment
- Jan 2023 **$53M** UK share allotment
- Dec 2022 **$4.6M** UK share allotment
- Jul 2022 **$49M** UK share allotment
- Jun 2022 **$7.1M** UK share allotment
- Jan 2022 **$27M** UK share allotment
- Jan 2022 **$20M** UK share allotment
- Nov 2021 **$57M** UK share allotment

## Everyone who backed them

[National Wealth Fund](https://millionrounds.com/fund/national-wealth-fund) Government **1** round

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

## Quick answers about Rolls-Royce SMR

### Who invested in Rolls-Royce SMR?

Rolls-Royce SMR's investors include National Wealth Fund.

### How much has Rolls-Royce SMR raised?

Rolls-Royce SMR has raised $1.2B across 8 rounds since 2021.

### When did Rolls-Royce SMR last raise?

Rolls-Royce SMR's most recent round was a Debt of $805M in Apr 2026.

### What was Rolls-Royce SMR's biggest round?

Its most recent round, $805M in Apr 2026, is also its largest on record.

### Who backed Rolls-Royce SMR first?

Rolls-Royce SMR's first round on record, in Apr 2026, was backed by National Wealth Fund.

### What stage is Rolls-Royce SMR at?

Rolls-Royce SMR's latest named round is a Debt, in Apr 2026.

### Where is Rolls-Royce SMR based?

Rolls-Royce SMR is based in the United Kingdom.

## Companies like Rolls-Royce SMR

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

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