Elemental Automotive Group secures £61.4k for high-performance sportscar development

High-performance sportscar manufacturer Elemental Automotive Group Limited has secured an estimated £61.4k in its most recent funding round. The allotment of shares for this capital injection occurred on 2026-04-29, with the filing finalized on 2026-05-05.

Based in Winchester with headquarters in Waterlooville, the company was incorporated on 2012-09-27. It specializes in the development and production of the Elemental RP1, a road-legal track day car built using lightweight materials and motorsport design principles. In addition to vehicle manufacturing, the firm offers consulting services in high-performance automotive and racecar engineering.

This £61.4k round follows several previous funding events. The company raised £58.6k in 2016 and £150.5k in 2014. Earlier financial records show a £30k round in February 2013, which placed the company at a £1.5m valuation. Its initial funding in November 2012 raised £80.2k at a valuation of £178.2k.

Elemental Automotive Group currently maintains a team of three employees. The business focuses on integrating 21st-century aerodynamics and materials into its vehicle range to modernize the traditional sporting car. The Elemental RP1 serves as the primary example of this technical approach, targeting driving enthusiasts who require performance on both the road and the track.