# Milvus Advanced

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/milvus-advanced

- Industry: Materials
- Headquarters: Oxford, UK
- Website: www.milvusadvanced.co.uk/
- Total disclosed funding: $9.3M
- Latest round: Seed (Oct 8, 2025)
- Investors on record: 13

## About

Milvus Advanced Limited, based in the UK, specializes in developing high-performing nanomaterials as sustainable substitutes for platinum-group metals in catalytic applications, targeting the energy and environmental sectors.Milvus Advanced Limited, founded in 2021, is headquartered in Oxford, UK. The company focuses on innovative material solutions for catalysis, specifically in the energy sector. It has completed 2 significant deals, with the most recent being a SEED round in October 2025, raising GBP 5.14 million led by Hoxton Ventures, along with several other investors. The founder's background details are not provided, and there is no mention of previous companies.Milvus specializes in developing high-performing nanomaterials designed to replace platinum-group metals in catalysis applications. Their core offerings include proprietary Midas-touch alloys that replicate the functional properties of platinum-group metals at a significantly lower cost. These nanocatalysts are crucial for producing green fuels and clean energy solutions, addressing the need for sustainable energy sources. Milvus targets energy production and environmental sustainability sectors, aiming to serve clients in Europe and North America, where demand for innovative materials is growing.Milvus operates on a B2B model, establishing partnerships with energy producers and clean technology firms. Revenue is generated through direct sales of nanocatalysts, incorporating bulk purchasing agreements and long-term contracts. The company anticipates its flagship products will be commercially available by 2026, positioning itself to benefit from increasing demand for green technologies, with pricing structures competitive against traditional platinum-group metals.In October 2025, Milvus Advanced Limited raised GBP 5.14 million in Seed funding led by Hoxton Ventures, with participation from other investors. The funding will be allocated for scaling production, expanding commercial partnerships, growing the team, entering the United States market, and advancing research and development into new material systems. Milvus plans to launch new products aimed at furthering its market presence in the energy sector and will strategically target expansion into North America and Europe.

## Funding rounds

- Seed, Oct 8, 2025, $6.7M — EQT, Tuesday Capital, Hoxton Ventures, Leslie Ventures, Lowercarbon Capital, Ubermorgen Ventures, MD ONE Ventures, Liquid Ventures Managers LLP, Wilbe Capital, Van Den Bosch Dynasty Fund
- Seed, Jan 11, 2023, $2.6M — Acequia Capital, Creative Destruction Lab, Lowercarbon Capital, Unruly Capital, Wilbe Capital

## Investors

- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Creative Destruction Lab (https://capitalatlas.ai/funds/creative-destruction-lab) — Seed
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Seed
- Unruly Capital (https://capitalatlas.ai/funds/unruly-capital) — Seed
- Wilbe Capital (https://capitalatlas.ai/funds/wilbe-capital) — Seed
- EQT (https://capitalatlas.ai/funds/eqt) — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- Hoxton Ventures (https://capitalatlas.ai/funds/hoxton-ventures) — Seed
- Leslie Ventures (https://capitalatlas.ai/funds/leslie-ventures) — Seed
- Ubermorgen Ventures (https://capitalatlas.ai/funds/ubermorgen-ventures) — Seed
- MD ONE Ventures (https://capitalatlas.ai/funds/md-one-ventures) — Seed
- Liquid Ventures Managers LLP — Seed
- Van Den Bosch Dynasty Fund — Seed