£1.6M
The pre-seed round was led by Project A Ventures to support product development and infrastructure expansion.
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The latest funding rounds from the UK tech ecosystem. Updated 5 November 2026.
Announcements
6,266
Total raised
£165B
disclosed amounts
This month
£202M
raised so far
The pre-seed round was led by Project A Ventures to support product development and infrastructure expansion.
Oxford Innovation Finance's Angel Network backed the round, which will fund technology development and commercial pilots.
"As global temperatures rise and many parts of the world have recorded their hottest summers yet in 2023, there is an increasing need to find net zero cooling solutions to regulate temperatures in indoor environments. Our proprietary smart coating technology can make a significant impact as a sustainable, low carbon solution for temperature regulation. This latest investment will help us to propel our technology development, scale up manufacturing capabilities and complete commercial pilots that will allow us to bring our first products to market within the next two years."
The funding from UST will support the completion of its technology platform and market launch.
"UST’s renowned presence as leading providers of digital technology and transformation services, and the depth of knowledge of its experts, aligns particularly well with Homely. As a business we want to offer innovative, data-led solutions to the current issues facing the property market."
LitCapital led the investment, which will fund market expansion and operations.
"We are excited to partner with LitCapital and grateful for their trust in our big vision. Based on the current financial projections, our revenue will exceed 2 million Euro. Objectively, it could be more, hence our aim is to reach 3 million Euros in 2023"
The Series A round was co-led by S2G Ventures and SOUNDwaves to support commercial expansion and technology scaling.
"The combined support and expertise of our investors enables us to accelerate our work, moving beyond laundry into industrial-scale applications of our technology, and drive globally meaningful reductions in micropollutant emissions with confidence and speed."