Tangible raises £3.1m in seed funding led by Pale Blue Dot to scale debt infrastructure for hardtech
The seed round was led by Pale Blue Dot to fund team expansion and product automation.
Tangible provides a financial platform combining software and structured finance expertise to help hardware technology companies access debt financing. The company streamlines data, documentation, and reporting to simplify capital raising for asset-intensive businesses.
Tangible has secured £3.1m in a seed financing round led by Pale Blue Dot. The company plans to direct the new capital toward expanding its workforce and developing automated workflows to streamline transactions for both founders and lenders.
The funding sees backing from several additional participants, including MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital, and Aperture. The investment arrives as hardtech companies increasingly seek alternatives to equity dilution for funding physical infrastructure and capital-intensive growth.
From the founder
"Reindustrialisation, energy security, and the race for technological sovereignty in compute are driving unprecedented demand for physical assets. As hardtech companies scale at speed, investors need modern infrastructure to deploy capital just as fast. And legacy processes that are reliant on bespoke documentation and manual coordination no longer cut it,"
William Godfrey
Co-Founder & CEO at Tangible
Investor perspective
"It is clear that most of the innovations shaping the future – from vehicles and data centres to robotics – are fundamentally physical. And, to enable efficient innovation they should not be financed by venture equity alone."
Hampus Jakobson
General Partner, Pale Blue Dot
Use of funds
- 01Grow the team
- 02Continue product development
