# Sunswap funding: rounds and investors

> Sunswap has raised $106M across 6 rounds since 2021. Investors include Crowdcube, Business Growth Fund and Barclays Ventures. Every round with its source.

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

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

# Who invested in *Sunswap*

6 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.

Energy

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$106M** raised across 6 rounds since 2021, from 6 sources

**$58M** Round **$4.1M** Round **$1.0M** Round **$20M** Round **$23M** Venture **$806K** Grant

- **Latest round:** Grant, $806K Apr 2026
- **Biggest round:** $58M Round · Jul 2021
- **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.

2022 2023 2024 2025 2026

**$58M** Round

**$4.1M** Round

**$1.0M** Round

**$20M** Round

**$23M** Venture

**$806K** Grant

- **First round:** Round, $58M
- **Biggest round:** $58M
- **Usual gap between rounds:** 8 months

## The rounds

- **Apr 2026** Grant **$806K** *5 returning* [Crowdcube](https://millionrounds.com/fund/crowdcube) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Barclays Corporate Banking](https://millionrounds.com/fund/barclays-corporate-banking) [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) Source recorded
- **Aug 2024** Venture **$23M** *5 new* [Crowdcube](https://millionrounds.com/fund/crowdcube) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Barclays Corporate Banking](https://millionrounds.com/fund/barclays-corporate-banking) [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) Source recorded
- **Mar 2024** Round **$20M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jun 2022** Round **$1.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Mar 2022** Round **$4.1M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jul 2021** Round **$58M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Sunswap filed 8 raises, $90M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2024 **$3.3M** UK share allotment
- Jul 2024 **$4.5M** UK share allotment
- Apr 2024 **$277K** UK share allotment
- Mar 2024 **$19M** UK share allotment
- Jul 2022 **$614K** UK share allotment
- Jun 2022 **$423K** UK share allotment
- Mar 2022 **$4.1M** UK share allotment
- Jul 2021 **$58M** UK share allotment

## Founders and team

From Sunswap's own website: 3 founders, 39 on the team.

**Michael Lowe** Co-Founder & CEO

**Andrew Sucis** Co-Founder & COO

**Nikolai Tauber** Co-Founder & CTO

- **Stephen Pascoe** CFO
- **Adam Payne** Head of Systems
- **Alastair Gough** Head of Business Development
- **Alex Degnen** Head of Quality
- **Callum Fairclough** Head of Production & VMU
- **Robin Bernard-Grahame** Head of Mechanical Engineering
- **Romain Petit** Head of Supply Chain
- **Sophie Hazelwood** Head of People
- **Steven White** Head of Finance
- **Alex Keegan** Senior Design Engineer
- **Awais Yousaf** Senior Design Engineer
- **Ben Fielden** Marketing Manager
- **Ben Sunckell** R&D Facility Manager
- **Charlie Boyce** Senior Project Engineer
- **Charlotte Rea** Senior Partnership Manager
- **Clementine Mitford** Project Engineer - Thermal Systems
- **Edwin Mooney** Lead Design Engineer
- **Elodie Parkin** Customer Experience Manager

And 21 more on the team.

## 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** 2021 **Round** 2022 **Round** 2022 **Round** 2024 **Venture** 2024 **Grant** 2026 [Crowdcube](https://millionrounds.com/fund/crowdcube) [Business Growth Fund](https://millionrounds.com/fund/bgf) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Barclays Corporate Banking](https://millionrounds.com/fund/barclays-corporate-banking) [Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures)

## Everyone who backed them

[Crowdcube](https://millionrounds.com/fund/crowdcube) VC firm **2** rounds

[Business Growth Fund](https://millionrounds.com/fund/bgf) Private equity **2** rounds

[Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) Corporate VC **2** rounds

[Barclays Corporate Banking](https://millionrounds.com/fund/barclays-corporate-banking) Investment firm **2** rounds

[Sustainable Ventures](https://millionrounds.com/fund/sustainable-ventures) VC firm **2** rounds

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

## Also claim to have backed them

These 2 firms list Sunswap 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.

[Move Energy](https://millionrounds.com/fund/move-energy) VC firm Per its own site

[Oxford Innovation Finance](https://millionrounds.com/fund/oxford-innovation-finance) Angel network Per its own site

## Quick answers about Sunswap

### Who invested in Sunswap?

Sunswap's investors include Crowdcube, Business Growth Fund, Barclays Ventures, Barclays Corporate Banking and Sustainable Ventures.

### How much has Sunswap raised?

Sunswap has raised $106M across 6 rounds since 2021.

### When did Sunswap last raise?

Sunswap's most recent round was a Grant of $806K in Apr 2026.

### What was Sunswap's biggest round?

Sunswap's largest round on record is $58M, in Jul 2021.

### Who backed Sunswap first?

Sunswap's first round on record, in Aug 2024, was backed by Crowdcube, Business Growth Fund and Barclays Ventures and 2 others.

### What stage is Sunswap at?

Sunswap's latest named round is a Grant, in Apr 2026.

### Where is Sunswap based?

Sunswap is based in the United Kingdom.

## Companies like Sunswap

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

[**novosound** $8.7M · Sept 2026](https://millionrounds.com/company/novosound)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**SolarSub** $1.8M · Sept 2026](https://millionrounds.com/company/solarsub)[**Nyobolt** $155M · Aug 2026](https://millionrounds.com/company/nyobolt)[**Breathe Battery Technologies** $132M · Aug 2026](https://millionrounds.com/company/breathe-battery-technologies)

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