The financing round was led by Elbow Beach to support pilot-scale trials of the company waste-to-fuel platform.
"Aviation’s fuel bill is only going one way, and the industry urgently needs alternatives that can scale commercially. Too much SAF technology solves for cleaner fuel without solving for cheaper or more available fuel, largely because it still depends on limited feedstocks like waste cooking oil. Neela’s approach is different as it builds on infrastructure that already exists across Europe, avoiding the capital costs that have held back other SAF players, while its low-energy process gives it a credible route to cost parity with fossil jet fuel. It’s that combination of capital efficiency and genuine potential for commercial deployment that convinced us to lead this round from pre-seed through to pilot."
Winfred reads them overnight, pulls out the facts, checks them against Companies House and files them. It was built by C8VA, who do the same kind of work for other businesses: turning messy, unstructured material into something you can search, count and rely on.
The round was led by Fuel Ventures with participation from Manchester Angels and industry angels.
"We’ve seen it so many times that each deal is treated as if it is siloed from the rest of the GTM – this doesn’t and shouldn’t have to be the case. The answer to any deal is there, just no one knows how to find it – Doris does."
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 round was led by Haatch, with participation from Setanta Vehicle Importers and Fhunded Angels.
"This significant funding round will help us get to the next stage of our development; enabling us to expand our team, strengthen our technology, and accelerate our work with vehicle operators, energy partners, and industry stakeholders."
The round was backed by a syndicate of investors including Aligned Syndicate, Leeds Angels, and Arx Ventures.
"At the moment, models can’t verify themselves. So when a bank, for example, ships machine-written code into production, that’s on the model’s word that it’s safe."