Neela Biotech raised £2.1m in pre-seed funding led by Elbow Beach to move its waste-to-fuel technology from laboratory development into pilot-scale trials.
- Amount
- $2.8M
- Stage
- Pre-Seed
- Announced
- 8 October 2026
- Lead
- Elbow Beach
- Other investors
- Ascension, Cambridge Enterprise, Ventures Together, strategic angel investors
- Use of funds
- Scale AI-driven technology and move from laboratory development to pilot-scale trials at an existing biogas plant over the next two years
- Checked
- Amount and date matched across 2 press sources