Zero Carbon Capital and Kero Development Partners have co-led a seed investment in Actuation Lab to develop low-emission industrial hardware.
Funding Announcements
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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
140
Total raised
£554M
disclosed amounts
This month
£23.1M
raised so far
£5.0M
The round was co-led by Presidio Ventures and East Innovate to support global scaling.
"We are delighted to have received this investment from our funding partners, both new and old. This funding will give TOffeeAM the opportunity to scale globally and continue to help businesses across numerous industries to design innovative products."
£16.7M
National Grid Partners led the Series B round to support digital automation in infrastructure projects.
"We are delighted to welcome National Grid Partners as a shareholder and look forward to serving utility customers in the UK, US and beyond, bringing a new era in digital automation for the utility and wider infrastructure sectors."
TSP Ventures co-led the round, supported by Foresight Group, the British Business Bank, the University of Nottingham, and angel investors.
"We are delighted to be joining the Promethean Particles team and becoming a part of their onward journey. On the current trajectory, global warming is predicted to reach 2.7°C by 2100. Hitting the 1.5°C target established in the 2015 Paris Agreement will require a 45% reduction in annual global emissions by 2030. However, even with all the current climate pledges and commitments, global emissions are set to increase significantly over this period. At TSP, we believe that hitting, or even getting close to this target without carbon capture is now virtually impossible. Bringing down the cost of carbon capture (both point-source and Direct Air Capture) is essential and as Venture Capitalists, we believe it is our role to support emerging, World-changing technologies through the difficult development period to full commercialisation. Under the experienced leadership of CEO James Stephenson, we are certain that the Promethean team have all the necessary knowledge and expertise to scale this technology."
£2.2M
Par Equity leads the funding round to support team expansion and technology launch.

