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Latitude

UK growth-equity VC; participated in Nyobolt's Series C.

On 6 May 2026, Latitude joined Symbotic's lead round in Nyobolt's Series C alongside IQ Capital, Scania Invest and CBMM, helping push the Cambridge battery spinout's valuation past $1bn.

Last refreshed: 22 July 2026 · Appears in 1 active topic

Timeline for Latitude

#4 6 May

Nyobolt hits £1bn on Symbotic-led Series C

UK Startups and Innovation
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Background

Latitude is a UK growth-equity venture capital firm.

Latitude was one of four co-investors in Nyobolt's Series c, announced 6 May 2026. Symbotic, the Nasdaq-listed AI robotics company whose warehouse automation systems run for Walmart, led the £44m round; IQ Capital, Scania Invest and CBMM also participated. The raise valued the Cambridge University spinout, founded in 2019, at $1bn. Nyobolt's anode materials enable a 0-80% charge in under five minutes at twenty times the energy density of supercapacitors, and revenue is reported to have grown five times year-on-year.

For Latitude, the signal sits in who led: Symbotic, an industrial operator rather than a financial investor, backing the round suggests Nyobolt's technology had already cleared a strategic customer's own diligence bar.

Common Questions
What is Latitude VC and what does it invest in?
Latitude is a London-based growth equity firm investing in UK and European deep tech and hardware-enabled companies at Series B through growth stage.Source: Latitude
Who are the UK investors in Nyobolt's billion-dollar battery round?
IQ Capital and Latitude are the UK-based investors in Nyobolt's Series c, which also included US-based Symbotic (lead) and international investors Scania Invest and CBMM.Source: Lowdown uk-startups-and-innovation U#4