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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

Seed
£3.5M

The pre-Series A round and Innovate UK grant will fund federated learning development and platform scaling.

"Critical Infrastructure is a multi-trillion dollar industry. Across Energy, Utilities and Telecoms – on-device Federated Learning has the potential to improve performance, reduce failures, enhance security and lead to more efficient, more sustainable services. The OctaiPipe team has already demonstrated significant customer traction and we are delighted to support them as they scale to address this important market."
— Mads Jensen, Managing Partner
Seed
£680K

The funding round was co-led by Oxford Innovation Finance and the OION Angel Network to support international growth and product development.

"Deep Planet was founded with the goal of using machine learning to address environmental risk for the benefit of the planet. Our AI technology is transforming sustainable farming with precision viticulture, assisting growers and winemakers to increase harvest efficiency, enhance yield resilience and drive sustainable production. This latest investment enables us to achieve our global vision and scale our technology across Europe and America."
— David Carter, Co-Founder and CEO
Series A
£9.4M

The Series A round was led by Khosla Ventures and Nat Friedman to support the development of proprietary foundation models.

"I truly believe that AI has the ability to reshape design and influence the way that we look at the world. Recraft was created to meet the requirements of professional design, generating consistent style images and high-quality vector illustrations suitable for everything from advertising and digital marketing assets to iconography. And the development of our Foundation Model will enable us to improve the quality and consistency of the AI-generated graphic design."
— Anna Veronika Dorogush, Founder and CEO
Series A
£5.5M

The London simulation platform has secured backing from Cogito Capital Partners alongside Edge VC, Taiwania Capital, Movens Capital, and High Tech Grunderfonds.

"The pedigree of our investors speaks for itself: their experiences in scaling businesses that focus on vision AI will be indispensable at a time where similarly synthetic data is bringing so much immediate value in the real world. SKY ENGINE AI’ mission is to augment deep learning teams to create AI models that generalize better against unknown real-world data and with reduced algorithmic biases"
— Bartek Wlodarczyk, CEO and Founder