Funding Announcements

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The latest funding rounds from the UK tech ecosystem. Updated 31 July 2026.

Series A
£43.6M

The investment round was led by Ventura Capital and will accelerate international deployment of the company's diagnostic platform.

"The game-changing nature of our innovation has created an extraordinary commercial opportunity within next-generation medical diagnostics, and the global investor community is very excited by the transformative potential of a rapid, gold-standard RT-PCR testing platform that can screen for multiple viruses simultaneously. We are delighted to have completed this successful fund-raise which will allow us to dramatically speed our plans for worldwide availability, particularly in the US, Japan, Europe, and other key territories where interest is extremely high."
— Chris Toumazou, CEO and co-founder
Series A
£8.5M

Insight Partners led the £8.5m Series A round to support growth and technological advancement at Monolith AI.

"Deriving insight from data for decision-making is a complex but necessary challenge for engineering organisations. Engineers understand the data, they are embedded in the business and have the intuitions necessary to know why to process and model data. Democratising Al, by empowering engineers to be self- sufficient in building and deploying Al solutions, helps engineering organisations drive digital transformation more efficiently than other currently available solutions."
— Richard Ahlfeld, CEO and founder
Series A
£2

Glory has emerged as the cornerstone investor in OneBanks to help expand everyday banking services across the UK.

"We have many decades of experience helping banks transform their physical branch networks using the latest technologies in response to changing consumer expectations. The mass adoption of mobile and online channels has fundamentally changed the economics of branch banking across the UK and other countries and yet consumers still value, and in many cases need, convenient access to face-to-face banking services. We are delighted to be making this investment in OneBanks as they seek to introduce, in partnership with the major UK banks, their new open banking-enabled approach to providing this service to communities across the UK through shared branches."
— Toshimitsu Yoshinari, Chief Solutions Officer at Glory Global Solutions