Published: December 15, 2025 at 9:01 am
Alusid has raised £500,000 in a pre-IPO equity funding round as the sustainable tile manufacturer steps up preparations for a potential flotation on AIM.
The fundraising values the Preston-based company at £10 million and attracted backing from existing investor Octopus Investments, through its Octopus AIM VCT plc and Octopus AIM VCT 2 plc funds, alongside the University of Lancashire.
As part of the round, existing investor Frontier IP converted £250,000 of loans into equity, meaning the group now holds a 36.16% stake in Alusid.
The funding will be used to support the business as it prepares for a potential IPO, while also accelerating the development of new product ranges, expanding its international distribution network and continuing to invest in its proprietary low-carbon manufacturing technology.