Milvus Advanced Raises $6.9M Seed Round Led by Hoxton Ventures

Deal Summary

Milvus Advanced, an Oxford-based startup developing lab-grown rare metal alternatives, closed a $6.9M seed funding round led by Hoxton Ventures with participation from LQD Ventures, Übermorgen, Tuesday Capital, Mark Leslie Enterprises, van Den Bosch Dynasty Fund, Bluebirds, Md One, EQT Foundation, and returning investor Lowercarbon Capital. The funds will support the company's development of alternative rare metals.