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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
1,485
Total raised
£42.6B
disclosed amounts
This month
£55.3M
raised so far
Triple Point Ventures led the oversubscribed seed round to support growth in product development and go-to-market operations.
"For decades, SME contractors have been penalised by a lack of price transparency and inefficient ordering, often paying a premium simply because they lack the time and purchasing power of the Tier-1 giants,"
The London startup secured $25m from backers including eBay and Andreessen Horowitz to automate secondhand fashion logistics.
"Most people have no idea what happens to a piece of clothing after they part with it. It travels thousands of miles, gets sorted by hand in a warehouse in Karachi, and finds its way back to a vintage shop in London or New York, if it’s lucky. We started Fleek because that system is broken, the market it serves is exploding, and nobody is building the technology and infrastructure to fix it,"
The funding values the company at approximately $2.9bn with backing from Alibaba, ByteDance, Meituan, and HongShan.
The Cambridge deeptech startup raised £7m led by Iona Star Capital to expand its team and target one million hours of gameplay data.
"We decided to stay still for a little bit."
The London-headquartered speech AI platform raised the capital from backers including Velocity Capital and Next Tier Ventures.
"AI is becoming a global race, and meaningful innovation is no longer tied to a single geography. With this round, we’ve partnered with investors who share our long-term vision. Our focus is clear: building a scalable, speech-native AI platform that powers global communication,"
