Business
Portfolio news- Alusid £500k pre-IPO funding round
Frontier IP Group plc announces that its portfolio company, Alusid Limited, has successfully raised £500,000 in a pre-IPO funding round, valuing the company at £10 million. Frontier IP converted £250,000 of loans into equity, now holding a 36.16% stake. The funds will support Alusid's preparation for a potential AIM IPO, accelerate product development, expand its international distribution, and further develop its proprietary low-carbon tile manufacturing technology, which utilizes over 95% recycled materials. Alusid is also innovating new product categories, including moulded surface products, to broaden its market reach ahead of its public listing. Disclaimer*
About this update from Frontier Ip Group Plc
[{"type":"text","content":"\n\nReach - a non-regulatory announcement\nAIM: FIPP\n15 December 2025\n \nFrontier IP Group Plc\n(\"Frontier IP\" or the \"Group\")\n \n \nPortfolio news - Alusid raises £500,000 through pre-IPO funding round\n \nFrontier IP, a specialist in commercialising intellectual property, today announces that portfolio company Alusid Limited (\"Alusid\" or the \"Company\") has raised £500,000 through a pre-IPO equity funding round.\n \nThe fundraising values the Company at £10 million and investors included existing backer, Octopus Investments (\"Octopus\"), through its Octopus AIM VCT plc and Octopus AIM VCT 2 plc funds, and the University of Lancashire. As part of the round, Frontier IP converted loans of £250k into equity. The Group now holds a 36.16% per cent equity stake in the Company.\n \nProceeds from the round will support the Company as it prepares for a potential IPO on AIM. They will also be used to accelerate development of further product ranges, expansion of its international distribution network and continued development of Alusid's proprietary low carbon tile manufacturing technology. This includes the Company's patented dry granulation process, which eliminates spray drying and delivers significant CO2 and water use reductions.\n \nAlusid's sustainable tiles typically use more than 95 per cent recycled materials and its novel recipes and processes mean they have one of the lowest carbon footprints in the global ceramics industry.\n \nThe Company is also developing new product categories to broaden target markets and further strengthen its proposition ahead of an IPO. It is innovating to branch into moulded surface products, including shower trays, basins and architectural components using a novel mineral and alkali geopolymer based binder system designed to be made from UK waste streams. These new categories will broaden Alusid's addressable market and strengthen its proposition ahead of an IPO.\n \nMarket demand for Alusid's products continues to grow across both retail and commercial channels at home and abroad.\n \nTo date, Topps Tiles plc has launched two Alusid-made ranges, Principle and Mas through its UK retail chain of more than 300 stores, and a third called Ashton will launch early in 2026. The Company has also signed three international distribution agreement...