# Storelectric funding: rounds and investors

> Storelectric has raised $7.7M across 2 rounds since 2024. Every round with its source.

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

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

# Who invested in *Storelectric*

2 rounds we have observed, with the 0 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.

Semiconductors

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Funding summary Updated 15 Nov 2026

**$7.7M** raised across 2 rounds since 2024, from 2 sources

**$4.2M** Round **$3.5M** Round

- **Latest round:** Round, $3.5M Mar 2025
- **Biggest round:** $4.2M Round · Mar 2024
- **Investors:** 0

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.

2025

**$4.2M** Round

**$3.5M** Round

- **First round:** Round, $4.2M
- **Biggest round:** $4.2M
- **Between rounds:** 12 months

## The rounds

- **Mar 2025** Round **$3.5M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2024** Round **$4.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Storelectric filed 2 raises, $7.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2025 **$3.5M** UK share allotment
- Mar 2024 **$4.2M** UK share allotment

## Founders and team

From Storelectric's own website: 1 founder, 11 on the team.

**Jeff Draper** Founder

- **Kelly Hutsby** Head of Corporate Communications
- **Richard Dean** Head of Business Development
- **Simon Maycock** Head of Technologies
- **Tim Leaman** Head of IT and Systems
- **Catherine Cain** Director of Operations
- **Em Aldridge** Project Manager
- **Gabriel Snowden** Project Manager (Operations)
- **Mike Huntriss** Director (Secretary)
- **Scott Taylor** Alchemy Project Director
- **Tallat Azad** Managing Director
- **Trevor Bailey** Chairman

Advisers *Daren Smith* *Professor Phil Leigh* *Professor Simon Hogg*

## Quick answers about Storelectric

### How much has Storelectric raised?

Storelectric has raised $7.7M across 2 rounds since 2024.

### When did Storelectric last raise?

Storelectric's most recent round, $3.5M, was in Mar 2025.

### What was Storelectric's biggest round?

Storelectric's largest round on record is $4.2M, in Mar 2024.

### Where is Storelectric based?

Storelectric is based in the United Kingdom.

## Companies like Storelectric

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

[**Fractile** $960M · Oct 2026](https://millionrounds.com/company/fractile)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**MintNeuro** $26M · Oct 2026](https://millionrounds.com/company/mintneuro)[**SCI Semiconductor** $13M · Sept 2026](https://millionrounds.com/company/sci-semiconductor)[**OLIX** $532M · Aug 2026](https://millionrounds.com/company/olix)[**Kubos Semiconductors** $4.7M · Aug 2026](https://millionrounds.com/company/kubos-semiconductors)

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