# Anaphite

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anaphite

- Industry: Energy Storage & Batteries
- Headquarters: Bristol, UK
- Website: www.anaphite.com
- Total disclosed funding: $18M
- Latest round: Series A (Oct 21, 2025)
- Investors on record: 11

## About

Founded in 2018 by Alexander Hewitt and Samuel Burrow, and based in Bristol, UK, Anaphite Limited operates as a provider of Graphene-based materials for battery manufacturing. In December 2025, Anaphite Limited raised GBP 700,000 in series A funding from World Fund and Elbow Beach Capital. The round was part of a larger GBP 1.4 million in equity and grant funding. Anaphite creates cathode powders that include carbon nanotubes (CNTs) for use in dry-coated Li-ion battery electrodes. The firm's patented DCP® production technique enables the homogenous inclusion of advanced carbons into existing cathode materials such as NMC and LFP. This allows dry-coated electrodes to attain electrochemical performance comparable to wet-coated electrodes while eliminating the requirement for solvents, chemicals, and mixing. The company generates revenue through selling graphene-enhanced cathode powders, licensing dry-coating technology, and industry partnerships. The company intends to use the December 2025 funding to scale its dry-coating process for producing lithium-iron-phosphate cathodes and graphite anodes for batteries.

## Funding rounds

- Series A, Oct 21, 2025, $0.9M — World Fund, Elbow Beach Capital
- Series A, Aug 19, 2024, $13M — Energy & Environment Investment, Maniv Mobility, Nesta, Wealth Club, World Fund, Elbow Beach Capital
- Seed, Jul 14, 2022, $3.7M — Oxford Investment Opportunity Network, Blue Wire Capital, Wealth Club, Silicon Roundabout, Zero Carbon Capital, Deeptech Labs, Elbow Beach Capital

## Investors

- Oxford Investment Opportunity Network — Seed
- Blue Wire Capital (https://capitalatlas.ai/funds/blue-wire-capital) — Seed
- Wealth Club — Seed, Series A
- Silicon Roundabout (https://capitalatlas.ai/funds/silicon-roundabout) — Seed
- Zero Carbon Capital (https://capitalatlas.ai/funds/zero-carbon-capital) — Seed
- Deeptech Labs (https://capitalatlas.ai/funds/deeptech-labs) — Seed
- Elbow Beach Capital (https://capitalatlas.ai/funds/elbow-beach-capital) — Seed, Series A
- Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series A
- Maniv Mobility (https://capitalatlas.ai/funds/maniv-mobility) — Series A
- Nesta (https://capitalatlas.ai/funds/nesta) — Series A
- World Fund (https://capitalatlas.ai/funds/world-fund) — Series A