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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
62
Total raised
£1.1B
disclosed amounts
The seed round was led by MMC Ventures to support product development and customer expansion.
"Bluetooth has seen unprecedented technical and commercial success as a consumer technology for personal connectivity, with adoption in billions of devices. Now, businesses are exploiting those economies of scale and unique low-cost, low-power characteristics for cloud-connected devices, and Blecon is providing the technology to allow them to achieve it."
The funding from BGF will support international growth, infrastructure development, and targeted acquisitions.
"Today’s announcement marks a pivotal moment in Evolve’s journey. The investment from BGF is not just a testament to our robust growth and the confidence of our investors, it’s also a strategic step forward in advancing our mission to innovate in our industry, and take the pain out of connectivity for our customers. We are excited about the opportunities this investment will unlock and remain committed to delivering unparalleled value to our stakeholders."
Toscafund Asset Management led the round, with co-investment from Maven Capital Partners.
"This investment from Maven helps us to reach our ambitious growth plans and expansion into new markets, as well as our continued drive to deliver market-leading communications solutions across the capital markets. We’re thrilled to welcome such a high calibre investor on board who believes in our vision."
The pre-seed round was led by 468 Capital to fund product mass production and rollout.
"It is our core belief that we have overprotected children in the real world while under protecting them in the virtual world. KARRI is designed to help redress this imbalance by eliminating the need to give young children a smartphone. Parents are increasingly concerned about their children’s online safety and extensive screen time, yet they value the benefits of staying connected with them at all times in the real world. We’re excited that KARRI will allow children to roam free, explore, and gain independence while ensuring their safety and giving parents peace of mind. We aimed to make it as easy as possible for parents and children to stay in touch, so we have built a screen-free solution that is simple and reliable."
The seed round was led by Haatch to support international expansion and onboard high-profile customers.
"After banking and insurance, telecoms is next on the list of legacy industries ready to be disrupted and fundamentally uprooted with technology and a truly customer-first approach. Offering mobile plans to your customers – something that today takes over a year and costs millions of dollars to do, can be done with shaka with a single API call."
