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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.

Announcements

127

Total raised

£13.5B

disclosed amounts

Series A
£1.2M

Porsche Ventures has backed the bicycle insurance provider as part of an extended funding round.

"The increasing digitization and variety of sustainable mobility offers leads to the need for an innovative and customer-centric offer in the field of digital insurance. With the investment in Laka, we are pleased to support a strong team that is addressing the global insurance market with a unique, highly adaptable and digital business model, which focuses above all on the customer experience."
— Patrick Huke, Head of Porsche Ventures, Europe & Israel
Seed
£1.8M

The seed round was led by 1818 Venture Capital to support product and engineering recruitment.

"We met some fathers in a small town outside Rochdale. Hearing their experience of transport poverty – they were looking for work, there were opportunities just a 15-minute drive away, but they couldn’t drive and there was no viable way to get there by public transport – was mind-blowing."
— Alex Shapland-Howes, Co-founder and CEO
Other
£20.0M

The company doubled its initial target with backing from Dymond Group and a European real estate operator.

"The opening of Air-One is a momentous occasion – the starting gun for a new age of transport, an age of zero-emission, low-congestion travel between and within cities that will make people healthier, happier and more connected than ever before,"
— Ricky Sandhu, Founder and Executive Chairman