The British Home Office confirmed on Tuesday that it has allocated the money to allow Scotland Yard to continue its investigation until March.
Madeleine was three when she was last seen while on holiday with her parents in Praia da Luz, Portugal, in May 2007.
Scotland Yard launched its own investigation, Operation Grange, into her disappearance in 2013, after it said a Portuguese inquiry had not made any headway. But despite spending 13 million euros since, UK police have failed in their bid to uncover the mystery into Madeleine’s disappearance.
Madeleine’s parents, Kate and Gerry McCann, have always pledged never to give up the search for their daughter.
A Home Office spokesman said: “We have confirmed that Special Grant funding of £150,000 will be provided to the Metropolitan Police Service for the six-month period to 31 March 2019.”