# WASE funding: rounds and investors > WASE has raised $9.4M across 4 rounds since 2022. Investors include Elbow Beach Capital, Hitachi Ventures and Science Angel Syndicate. Source: https://millionrounds.com/company/wase (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Venture startup](https://millionrounds.com/companies) # Who invested in *WASE* 4 rounds we have observed, with the 3 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. Cleantech Climate Tech Food & Beverage Funding summary Updated 26 Oct 2026 **$9.4M** raised across 4 rounds since 2022, from 4 sources **$1.3M** Seed **$192K** Round **$186K** Round **$7.7M** Venture - **Latest round:** Venture, $7.7M Mar 2024 - **Step-up i:** 41.4× - **Investors:** 3 (1 led) 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 **$1.3M** Seed **$192K** Round **$186K** Round **$7.7M** Venture - **First round:** Seed, $1.3M - **Biggest round:** $7.7M - **Usual gap between rounds:** 10 months ## The rounds - **Mar 2024** Venture **$7.7M** *1 new* [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) Source recorded - **Apr 2023** Round **$186K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **May 2022** Round **$192K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Mar 2022** Seed **$1.3M** *2 new* [Elbow Beach Capital](https://millionrounds.com/fund/elbow-beach-capital) Lead [Science Angel Syndicate](https://millionrounds.com/fund/science-angel-syndicate) Reported by Elbow Beach ## Funding filed with regulators WASE filed 3 raises, $4.7M in all. Filings say how much was sold and to how many investors; they never name the investors. - Feb 2024 **$4.3M** UK share allotment - Apr 2023 **$186K** UK share allotment - May 2022 **$192K** UK share allotment ## Founders and team From WASE's own website: 2 founders, 2 on the team. **Dr. Thomas Fudge** CEO & Founder **Llŷr Anwyl** COO & Founder - **Beth Abbott-Stratford** CFO - **James Astor** Chair Advisers *Richard Gueterbock* ## 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. **Seed** 2022 **Round** 2022 **Round** 2023 **Venture** 2024 [Elbow Beach Capital](https://millionrounds.com/fund/elbow-beach-capital) L [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) [Science Angel Syndicate](https://millionrounds.com/fund/science-angel-syndicate) ## Everyone who backed them [Elbow Beach Capital](https://millionrounds.com/fund/elbow-beach-capital) VC firm **1** round, led 1 [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) Corporate VC **1** round [Science Angel Syndicate](https://millionrounds.com/fund/science-angel-syndicate) Accelerator **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=wase). ## Also claim to have backed them This firm lists WASE 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. [Engie New Ventures](https://millionrounds.com/fund/engie-new-ventures) Corporate VC Per its own site ## Quick answers about WASE ### Who invested in WASE? WASE's investors include Elbow Beach Capital, Hitachi Ventures and Science Angel Syndicate. ### How much has WASE raised? WASE has raised $9.4M across 4 rounds since 2022. ### When did WASE last raise? WASE's most recent round was a Venture of $7.7M in Mar 2024. ### What was WASE's biggest round? Its most recent round, $7.7M in Mar 2024, is also its largest on record. ### Who backed WASE first? WASE's first round on record, in Mar 2022, was backed by Elbow Beach Capital and Science Angel Syndicate. ### What stage is WASE at? WASE's latest named round is a Venture, in Mar 2024. ### Where is WASE based? WASE is based in the United Kingdom. ### Who led WASE's rounds? Elbow Beach Capital led the Seed in 2022. ## Companies like WASE In the same sector, and raised in the last eighteen months. [**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Go Eve** $6.1M · Oct 2026](https://millionrounds.com/company/go-eve)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**Metris Energy** $7.5M · Sept 2026](https://millionrounds.com/company/metris-energy)[**MicroLub** $15M · Sept 2026](https://millionrounds.com/company/microlub)[**Myriad Wind Energy Systems** $1.8M · Sept 2026](https://millionrounds.com/company/myriad-wind-energy-systems) ## 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