Funding round
Milvus Seed
Milvus, which works in nanomaterials manufacturing in Oxford, raised $6.9M in a Seed round announced on 20 Oct 2025, led by Hoxton Ventures. 10 firms took part.
$6.9M
Amount raised
Not disclosed
Post-money valuation
10
Investors
1 lead
Valuation
What this round says about the price
Milvus did not disclose a valuation in this round. It is Milvus' first venture round on record, 4 years after it was founded in 2021. No later venture round is on record for Milvus.
Milvus' funding rounds
This is the only venture round on record for Milvus.
- Seed this round 20 Oct 2025, led by Hoxton Ventures $6.9M
Investors
Who put money in
Hoxton Ventures led the round with 9 other firms.
Lead investor
- Hoxton Ventures backs 50 venture-backed companies new investor
Also in the round
- new investor
- Übermorgen new investor
- backs 65 venture-backed companies new investor
- Mark Leslie Enterprises new investor
- van Den Bosch Dynasty Fund new investor
- Bluebirds new investor
- backs 8 venture-backed companies new investor
- EQT backs 99 venture-backed companies new investor
- Lowercarbon Capital backs 110 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
43 Seed rounds in Chemicals within a year either side disclosed an amount; the median was $4.1M, and this round was 1.7 times the median. The closest in time, other companies' Seed rounds in Chemicals:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Chemicals | 31 Oct 2025 | $10M | not disclosed | Alven |
| Chemicals | 3 Oct 2025 | $4.1M | not disclosed | not named |
| Chemicals | 25 Sep 2025 | $8.2M | not disclosed | Amadeus Capital and Energy Capital Ventures |
| Chemicals | 5 Sep 2025 | $1.5M | not disclosed | SGInnovate |
| Chemicals | 20 Nov 2025 | $71K | not disclosed | not named |
| Chemicals | 27 Aug 2025 | $12M | not disclosed | Lowercarbon Capital and Gigascale Capital |
| Chemicals | 4 Dec 2025 | $8.3M | not disclosed | At One Ventures |
| Chemicals | 19 Aug 2025 | $7.0M | not disclosed | At One Ventures and Overture |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Milvus raise in its Seed round?
Milvus raised $6.9M in its Seed round, announced in Oct 2025.
Who led Milvus' Seed round?
Hoxton Ventures led it, with LQD, Übermorgen, Tuesday Capital, Mark Leslie Enterprises and van Den Bosch Dynasty Fund and 4 more.
What was Milvus' valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Chemicals?
43 Seed rounds in Chemicals within a year either side disclosed an amount; the median was $4.1M, and this round was 1.7 times the median.