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The latest funding rounds from the UK tech ecosystem. Updated 21 October 2026.
Announcements
1,488
Total raised
£42.7B
disclosed amounts
This month
£62.8M
raised so far
The pre-seed round was led by Sure Valley Ventures to support international expansion and team growth.
"At Vortex IQ, our mission is to simplify and enhance the e-commerce workflow through innovative AI solutions. By providing e-commerce teams with cutting-edge productivity tools, we help businesses to prioritise their customers, enhance efficiency, and drive profitability."
The convertible bridge loan was provided by existing investors to support further growth.
"We’re applying new tech to solve a real-world problem. SMEs are at the heart of the economy, and we want to help them flourish."
Ascension led the oversubscribed seed round with backing from a syndicate of co-investors.
"Our ability to help homeowners access affordable energy via our Flexx platform and virtual power plant drives energy security and helps the UK get to a clean, green future. When we launched Heatio two years ago, our priority was to help more consumers access green technology and reduce the use of fossil fuels to decarbonise their homes. Through this investment, we are moving closer to making that a reality. We are looking forward to driving our expansion and working with industry leaders and would like to extend our appreciation to every investor for helping us get where we are today."
The London-based unicorn has appointed Prem Akkaraju as chief executive alongside its latest financing.
"Stability AI is the backbone of the visual AI ecosystem. The Company’s world-class team, breakthrough models, and unique developer network attracted me to take on the CEO role. We will continue to release the most cutting-edge open models for the community while meeting the overwhelming demand for AI solutions from large-scale corporations. Additionally, Stability AI is now in an ideal position to spearhead the real convergence of generative AI and studio content."
GV led the Series A round for the climate risk platform, which will use the capital to scale its presence in North America and Europe.
"In just over one year since going to market, Climate X has become one of the world’s fastest growing providers of physical climate risk data and analytics, driving value for global financial services clients with over $6.5 trillion in combined AUM. Assessing the impact of physical climate risk on asset valuations and business operations is now a necessity, not a nice-to-have."
