£200K
Boeing and Tawazun Economic Council have backed the industrial tech company in a pre-seed follow-on round.
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
£480K
The seed round was backed by Mercia and Maven Capital Partners to accelerate product development.
"Plexus Innovation is on a mission to replace manual measurements and make remote monitoring the norm. The initial funding round enabled Steve and Ian to build their team and establish their presence within the social housing and care sectors. The latest investment will enable them to roll it out to a much wider range of clients."
£882K
The funding follows successive investment rounds supported by angel networks and regional accelerator programmes.
"This is an overwhelming amount of money and we are thrilled to be able to continue with our new product development. It is very exciting to have such a wide range of investors both from the North East and across the UK, not to mention the RAIA funding – we have a lot of people backing us on this journey."
Chrysalix Venture Capital has backed the developer of adaptive industrial intelligence systems in a seed round.
"Chrysalix is very excited to team up with Luffy. There is great potential for this technology to positively impact a very wide range of high value control problems,"
£8.0M
The Stirling-based materials company will expand its production footprint and workforce after closing its latest investment.
"This investment marks a real tipping point for Integrated Graphene and the manufacturing of our unique 3D Graphene foam in its first two market-ready products. By investing now, we will be ready, this year, to produce millions of units per annum from a new facility in Stirling and to transfer the technology at scale to global partners in the future."
