Key Takeaways:
- Gennate Ltd, a Greater Manchester deep-tech company, has closed a £550,000 (~$733,755) seed funding round led by SFC Capital
- The round also includes participation from the GM Advance Fund (managed by GMCA) and the Salonica Infinity Fund
- Funding will support up to 15 new jobs over three years and accelerate the transition from lab development to pilot-scale manufacturing
- Gennate's nanofertiliser formulations have demonstrated a 30% increase in wheat seed germination and over 50% yield increases in crop growth and biomass
- The company is based at Manchester Science Park, part of the Bruntwood SciTech ecosystem
Gennate Secures £550,000 (~$733,755) to Advance Nanofertiliser Platform
Gennate Ltd, a Stockport-based deep-tech company specialising in plant nutrition nanomaterials, has closed a £550,000 (~$733,755) seed funding round. The investment was led by SFC Capital, with additional participation from the GM Advance Fund — managed by the Greater Manchester Combined Authority (GMCA) — and the Salonica Infinity Fund, part of Salonica Group.
Funding Breakdown and Purpose
Of the total raise, £150,000 (~$200,115) was provided through the GM Advance Fund, a £10 million (~$13.34 million) revolving investment fund established to support advanced manufacturing and materials companies across Greater Manchester. The remaining capital came from SFC Capital and the Salonica Infinity Fund.
The proceeds will be used to create up to 15 new jobs over three years and to advance Gennate's transition from laboratory-stage development to pilot-scale manufacturing. Key milestones include technology maturation, fabrication, and the launch of initial industrial pilots with agritech partners.
