The British Design Fund provided £230k toward a wider £400k raise to advance manufacturing and overseas expansion.
"The moment that changed everything for me was standing in a salmon processing plant and seeing thousands of single‑use EPS boxes piled up, destined for landfill or worse. It was truly shocking. I’d spent years in the seafood industry but witnessing that scale of waste in one place made the environmental cost impossible to ignore. I knew then that something had to change, and that experience has driven me ever since to prove that we can replace EPS with sustainable materials that protect both the product and the planet."
— John Farley, Founder and Chief Executive Officer
The round was backed by Inflection, Final Frontier, and other investors to scale ground station construction and hardware manufacturing.
"Every time you tap your card, check your map or make a phone call, you’re relying on satellite infrastructure — but the technology we use to track exactly where satellites are hasn’t kept up with the explosion of the space economy."
The Manchester-based startup will use the capital to expand its local team and accelerate growth in international markets.
"AI has made it easier than ever to start a business, but the real challenge arises when it comes to growing them. There’s a general understanding about what’s needed: more outbound, trying LinkedIn ads and testing more. But many simply don’t have the time to run this activity themselves, nor have the budget to hire a dedicated growth team."
The funding round was led by Backed, Lunar Ventures, Seraphim Space, MMC Ventures, and SOSV.
"I left my PhD because I was frustrated with the rate of progress in fusion energy. I wanted to take the strongest machine learning researchers in the world and apply them to these problems that really mattered, and a startup was the best way to do that,"
Andreessen Horowitz and Bessemer Venture Partners led the financing, which values the company at $4bn.
"The industries where AI matters most are still not the ones getting the most attention. Housing has enormous problems to solve, and we've grown by going deeper with our customers until we've solved the root causes. Every year, our customers trust us with more of their operations, and that kind of trust is earned only by a company built to last. Andreessen Horowitz and Bessemer Venture Partners understand that, and they're the partners we want for the long term"
