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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

$28.0M

The funding round was co-led by BGF and AlbionVC to support commercial deployment of its magnetic charging systems.

"The race everyone's watching is about computer chips — but the real prize is the battery. The battery decides whether the giant computers behind AI can keep running. Whether a drone can stay in the sky. Whether a satellite survives out in space. Every battery faces a physics ceiling, and we move that ceiling,"
— Tom Heenan, Co-founder