Funding Announcements

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

Seed
£650K

The oversubscribed seed round was led by the Development Bank of Wales and Angels Invest Wales.

"We are delighted to have the continued support of our existing investors, as well as the new investors who share our vision for revolutionizing the car insurance industry. This funding will enable us to accelerate our growth and expand our reach, ultimately benefiting both insurers and policyholders."
— Armin Kia, CEO
Seed
£5.0M

The funding round was led by Molten Ventures to support product development and international growth.

"We are thrilled to have the support of Molten Ventures and Lloyd's, two powerhouses in innovation and insurance, respectively. This investment will accelerate our ability to build sophisticated risk models for the renewable energy sector, empowering stakeholders to navigate the complex challenges of disaster risk with confidence."
— Ashima Gupta, CEO and Co-Founder
Pre-Seed
£950K

The pre-seed round was led by Fusion Fund to help expand operations into the United States.

"We are incredibly privileged to have Fusion Fund as our lead investor and are truly humbled by their belief in our vision. This partnership marks an exciting opportunity to expand into the US market and scale globally together. We are deeply committed to redefining safety in autonomous systems, and it’s inspiring to have a partner like Fusion Fund share our confidence in what we’re building."
— Kyle Thomas, CEO and co-founder
Seed
£16.0M

The funding was led by ACF Investors to support operational expansion and product development.

"At OneID, our goal is to make the world safer by making digital identity verification more efficient and accessible for businesses and users. We’ve had a tremendous year in 2024 across several use cases. With our integration with Adobe set to go live with leading high-street banks in the UK, we are proving our ability to solve urgent business problems against the toughest standard-setters. The funding from ACF Investors is a strong vote of confidence in us as a business, and we look forward to working with the team to supercharge our growth in 2025."
— Paula Sussex, CEO