# Illumion

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

- Industry: Semiconductors
- Headquarters: Cambridge, UK
- Website: www.illumion.io
- Total disclosed funding: $5M
- Investors on record: 9

## About

Based in Cambridge, UK, and founded in 2022, Illumion Ltd. operates as an equipment manufacturer that develops and produces equipment for battery testing and development. In December 2024, Illumion Ltd. raised GBP 2.1 million in seed funding led by Foresight Group Holdings, with participation from Cambridge Enterprise, Parkwalk Advisors, and Cambridge Angels Group.

Illumion Ltd specializes in advanced battery testing and development, with the main product being the illumionONE, a charge photometry microscope. This device lets users visualize and analyze how battery materials perform at the particle level, helping to identify where and why failures happen. The firm's technology is used for improving electrode performance, fast charging, and material durability, all aimed at making batteries more useful. Illumion mainly serves industries involved in energy storage and battery manufacturing, such as automotive, consumer electronics, and renewable energy.

The company plans to use the December 2024 funding to expand its team, develop advanced analytical software, and explore new market opportunities.

## Funding rounds

- Round, Oct 29, 2026, $2.3M — Cambridge Angels, Cambridge Enterprise Ventures, Foresight Group, Parkwalk, YourVC, ZEISS Ventures
- Seed, Sep 18, 2024, $2.7M — Foresight Group, Cambridge Enterprise, Cambridge Angels Group, Parkwalk Advisors

## Investors

- Foresight Group (https://capitalatlas.ai/funds/foresight-group) — Seed
- Cambridge Enterprise — Seed
- Cambridge Angels Group — Seed
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Seed
- Cambridge Angels
- Cambridge Enterprise Ventures (https://capitalatlas.ai/funds/cambridge-enterprise-ventures)
- Parkwalk
- YourVC
- ZEISS Ventures (https://capitalatlas.ai/funds/zeiss-ventures)