Funding · Seed · 22 September 2026
Dragonfly Advanced Materials raises £1m led by Northstar Ventures
Northumberland-based Dragonfly Advanced Materials has raised £1m in a seed round, led by Northstar Ventures. It builds aerogel insulation materials made with a cheaper, simpler process. Innovate UK also invested. The money will go on raising production capacity, hiring sales and development staff.
16thRound size percentile, 37 seed rounds
Press report
CompanyDragonfly Advanced Materials
StageSeed
SectorManufacturing & industrial
Based inNorth East
InvestorsNorthstar Ventures, Innovate UK
SourcePress · confidence highView source ↗
Northstar Ventures's other led rounds
Magnitude Biosciences · Growth£1.3mLand Digital · Pre-seed£705kYour note on Dragonfly Advanced Materials
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