£5.0M
The additional funding brings total capital raised from the investor to £10m following rapid expansion.
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The latest funding rounds from the UK tech ecosystem. Updated 21 October 2026.
Announcements
6,250
Total raised
£164B
disclosed amounts
This month
£171M
raised so far
The additional funding brings total capital raised from the investor to £10m following rapid expansion.
The financing round was led by Octopus Ventures with participation from Felix Capital, Otiva, and Jack Harries.
Green Angel Syndicate and private investors back the latest round to grow Piclo Flex.
"Green Angel Syndicate is an excellent example of how business angel investing should work. Their due diligence process was effective, knowledgeable and to the point. Their in-house expertise of the complex energy market has been instrumental and adds great value. This is exactly what we were looking for from our investors."
The funding will support the establishment of a new factory and create over 70 jobs.
"We like Alusid a lot. Its commitment to the circular economy combined with its unique technology is a winning formula for us and I am pleased that we have had the opportunity to invest at this stage of Alusid’s development."
Angel investors and Cambridge funds backed the Series A round alongside an Innovate UK grant.