New Investment: Milvus advanced

Milvus has closed its $6.9m Seed round, led by Hoxton Ventues, with participation alongside MD One from LQD Ventures, Übermorgen, Tuesday Capital, Mark Leslie Enterprises, van Den Bosch Dynasty Fund, Bluebirds, EQT Foundation, and Lowercarbon Capital.

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Today's energy and electronics sectors rely heavily on rare metals such as platinum group metals: scarce, expensive, and sourced from geopolitically fragile regions. This creates cost volatility, insecure supply chains, and environmental damage. Milvus eliminates these constraints by recreating the properties of rare metals using sustainable, earth-abundant nanoalloys that deliver equal or superior performance, with a focus on electrochemical and optoelectronic applications.

Milvus Advanced is tackling this bottleneck by recreating their properties using sustainable, earth-abundant nanoalloys delivering equal or superior performance of these critical elements, focusing first on electrochemical and optoelectronic applications at a fraction of the cost without relying on supply chain unreliability.

Milvus operates on a B2B model, delivering next-generation nanoalloy technologies to sectors where performance, cost, and sustainability intersect. Deep tech industries are urgently seeking new material alternatives. Milvus is uniquely positioned to unlock the next materials revolution.

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Milvus CEO Assia Kasde:

“What if the periodic table did not limit us? We are rewriting the elemental rules: our technology offers a clear path to scale low-carbon solutions without relying on rare materials."

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MD One's Will McManners:

"The extent to which National Security priorities and National Interest priorities can be decoupled from complex and politically stressed supply chains, may well drive the imperative to engage in future conflicts. The work that Milvus conducts is fundamental to driving afresh perspective on our reliance on established rare metals supply chains."

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‍About Milvus Advanced

Founded in Oxford, Milvus designs next generation of low-cost nanomaterials that replace some of the world’s most scarce and strategic materials in clean energy, catalysis and optoelectronics. By leveraging widely available elements and proprietary materials engineering, Milvus catalyzes a future where the energy transition is not only possible but elemental.

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About MD One

Founded in 2021 as Europe's first National Security specialist VC, MD One Ventures is a Venture Capital firm, investing in Pre- Seed to Series A National Security technology companies.

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