£7.5M
Manchester-based smart sportswear brand Prevayl raises £7.5m from Stonebridge to fund laboratories, hiring, and product development.
"To secure £7.5m pre-revenue is testament to the whole team."
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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
178
Total raised
£6.9B
disclosed amounts
Manchester-based smart sportswear brand Prevayl raises £7.5m from Stonebridge to fund laboratories, hiring, and product development.
"To secure £7.5m pre-revenue is testament to the whole team."
The funding round was backed by Skyscanner co-founder Gareth Williams alongside Scottish Enterprise and Equity Gap.
"This is hugely exciting news and is a change of trajectory from our original, more modest ambitions – we are now set on the path for Boundary to become a top-tier European home security business. To have someone with the calibre of Gareth giving our product his backing and mentorship is incredible; we have massive plans for the future."

The Cambridge-based semiconductor IP supplier raised the funds to scale its engineering and commercial teams in Asia and North America.
"What excites us about Agile Analog is the potential for scale. Every other analog IP supplier is restricted to selling a limited range of standard IP products. But because Agile Analog’s unique technology enables it to create the IP that the customer wants, it can satisfy a wider range of customer requirements, and integrate more functionality into a chip design. As a result, the company is not limited by the size of today’s analog IP market – Agile Analog’s addressable market is potentially as big as the analog chip market. That is a huge opportunity which OMERS Ventures is pleased to help Agile Analog explore."
The seed round was led by Metaplanet Holdings with backing from several institutional investors and angels.
"We are thrilled to have closed our first external investment round, which was so popular we could have filled 2 or 3 times over. We are excited to kick on and start building out our fleet at scale, starting with our 11 satellite constellation for night time imagery"
The Development Bank of Wales and Wealth Club backed the round to fund commercial growth.
"Utility businesses are facing increased governmental and regulatory pressure to provide accurate meter readings and improve their environmental credentials. We’ve spent the time developing and patenting our innovative technology that now provides real-time accurate meter reads to meet regulatory requirements, remotely and at half the cost."