£3.0M
BHL(UK) Holdings has provided £3m in Series A capital to support the manufacture and rollout of ThingCo devices.
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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
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115
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£1.8B
disclosed amounts
This month
£1.1M
raised so far
BHL(UK) Holdings has provided £3m in Series A capital to support the manufacture and rollout of ThingCo devices.

The funding round was co-led by MiddleGame Ventures and Ventura Capital to support international growth and product expansion.
"We are thrilled to have the support of world-class investors who bring a highly strategic network to help us continue with the vision (with zero pivots) that Clive [my co-founder] and I started with in 2016."
Bled by BHL Holdings, the fresh capital will be used to double the UK workforce and invest in proprietary technology.
"The current pandemic has hit small businesses a lot harder than their larger, established counterparts. The economy is experiencing significant turbulence right now and the business landscape will be unrecognisable in a year's time. As a small business championing small businesses, this investment will speed up our ability to deliver bespoke insurance to underpin individual business needs. Helping businesses to not only weather this storm, but scale and thrive."
Shell Ventures joins the Series B round, lifting total funding announced this year to £22.8m.
"Since founding in 2016, Drover has evolved and grown into a serious contender in the UK car retail market, and is quickly scaling in France. Our car-as-a-service proposition, with no large downpayment and one flat monthly fee including all the car's bills, has proven remarkably resilient in 2020, with record revenues in Q2 and Q3. Partnering with Shell will only strengthen our position as the leading flexible ownership model, in the UK and beyond"
The seed round was backed by Episode 1 Ventures, MMC Ventures and Seedcamp to support team expansion and product development.
"We are excited to be partnering with leading venture capital firms to create the placing experience the reinsurance community has dreamt of for decades. Paired with Riskbook's win-win-win philosophy, this new funding cements our role as a trusted independent provider to cedents, brokers and reinsurers alike."