Elliptic Enterprises Ltd announced that it has received $120 million in funding from a group of investors

Elliptic Enterprises Ltd announced that it has received $120 million in a round of funding led by new investor One Peak Partners LLP on May 12, 2026. The transaction included participation from new investors Nasdaq Ventures, Deutsche Bank Aktiengesellschaft, British Business Investments Ltd, returning investors AlbionVC, Evolution Equity Partners, and JPMorgan Chase & Co. The company raised post-money valuation of $670 million in the transaction.

The company issued convertible preferred stock in the transaction.