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

Announcements

23

Total raised

£51.2M

disclosed amounts

Pre-Seed
£1.0M

The pre-seed round was backed by investors including Disclosure, Arca and Jimmy Napes.

"Many companies are currently training models on unlicensed music – instead, we are developing intuitive and code-free ways for creators to train on their own IP to produce personalised, contextually aware models that are unique to them"
— Lex Dromgoole, Founder
£4.0M

The funding round includes backing from high profile music icons as the company expands its international reach.

"Being able to draw on the support of artists in our mission to revolutionise the royalty space has been key to Audoo’s success, and we are incredibly proud to welcome even more icons to aid in the next stage of our journey."
— Ryan Edwards, Founder and CEO
£195K
"IWA is immensely proud to be leading this investment to support Terrible*, an innovative and inspiring merchandise technology business bringing a fresh and unique approach to its market. I am also very excited to be joining the board and supporting the business through this growth phase as its Investment Director."
— Pamela Barclay, Investor Director
Pre-Seed
£250K

The pre-seed round was led by Jenson Funding Partners to support technology development and marketing efforts.

"The industry has always been weighted against creators, giving control and rights of their work to other stakeholders. SphereTrax’s creator-first model guarantees fairness and equal opportunities, no matter where you are or how large your following is. Not only this, but quality is at the forefront of our vision with Dolby Atmos as standard – this truly sets us apart from other platforms. For artists, our platform can be used to directly connect with some of the entertainment industry’s top professionals, helping them to effectively and simply monetise their work. For industry professionals, the search engine feature means that there is a huge breadth of talent at their fingertips. The funding will enable SphereTrax to serve both sides of the entertainment industry fairly, and create more opportunities for artists."
— Sefi Carmel, Founder and CEO