KULT AI LIMITED operates in the field of business and domestic software development. This includes a Sign up to read more
| Allotment | Filed | Share Class | Round Size | Round Type |
|---|---|---|---|---|
2026-03-27 | £2.2M |
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Accounts not filed
Capital raised per employee divides the equity KULT AI LIMITED raised in the last six months by the headcount in its most recent filed accounts. It is a rough read on how capital-intensive the business is: a high figure means the company is raising a lot relative to the number of people it employs, which is typical of hardware, biotech and other research-heavy businesses. Headcount comes from annual accounts and so lags the funding date, often by a year or more.
A share class is a category of shares carrying its own rights over voting, dividends and what happens to the money if the company is sold or wound up. UK companies typically issue Ordinary shares to founders and employees, then create a new Preferred class at each funding round, giving investors priority on proceeds ahead of the Ordinary holders. KULT AI LIMITED has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
FULL RIGHTS REGARDING VOTING, PAYMENT OF DIVIDENDS AND DISTRIBUTIONS
THE SEED PREFERRED SHARES HAVE ATTACHED TO THEM FULL VOTING AND DIVIDEND RIGHTS. THE SEED PREFERRED SHARES HAVE ATTACHED TO THEM THE RIGHTS ON A RETURN OF CAPITAL AS SET OUT IN ARTICLE 5 OF THE ARTICLES OF ASSOCIATION OF THE COMPANY. THE SEED PREFERRED SHARES DO NOT CONFER ANY RIGHTS OF REDEMPTION.