# XLCC funding: rounds and investors

> XLCC has raised $27M across 1 round since 2024. Investors include National Wealth Fund. Every round with its source.

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

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

# Who invested in *XLCC*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Manufacturing

Funding summary Updated 26 Oct 2026

**$27M** raised across 1 round since 2024, from 1 source

- **Latest round:** Debt, $27M Sept 2024
- **Investors:** 1

See who backed them

## The rounds

- **Sept 2024** Debt **$27M** [National Wealth Fund](https://millionrounds.com/fund/national-wealth-fund) Source recorded

## Founders and team

From XLCC's own website: 5 on the team.

- **Ragnhild Katteland** Chief Executive Officer designate
- **Shaun Mercer** Chief Financial Officer
- **Emma Burgess** Senior HR Manager
- **Lewis Gillies** Executive Chairman designate
- **Malcolm Henchley** General Counsel

## 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=xlcc).

## Quick answers about XLCC

### Who invested in XLCC?

XLCC's investors include National Wealth Fund.

### How much has XLCC raised?

XLCC has raised $27M across 1 round since 2024.

### When did XLCC last raise?

XLCC's most recent round was a Debt of $27M in Sept 2024.

### What was XLCC's biggest round?

Its most recent round, $27M in Sept 2024, is also its largest on record.

### Who backed XLCC first?

XLCC's first round on record, in Sept 2024, was backed by National Wealth Fund.

### What stage is XLCC at?

XLCC's latest named round is a Debt, in Sept 2024.

### Where is XLCC based?

XLCC is based in the United Kingdom.

## Companies like XLCC

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

[**HydRegen** $12M · Oct 2026](https://millionrounds.com/company/hydregen)[**Extend Robotics** $4.7M · Oct 2026](https://millionrounds.com/company/extend-robotics)[**Dragonfly Advanced Materials** $2.0M · Sept 2026](https://millionrounds.com/company/dragonfly-advanced-materials)[**AcouBatt** $3.0M · Sept 2026](https://millionrounds.com/company/acoubatt)[**Isometric** $50M · Sept 2026](https://millionrounds.com/company/isometric)[**Rheon Labs** $208M · Sept 2026](https://millionrounds.com/company/rheon-labs)

## 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