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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
140
Total raised
£554M
disclosed amounts
This month
£23.1M
raised so far
Aberdeen-based SPEX Group has raised additional capital to accelerate its growth and product innovation.
"This investment will help SPEX Group to support innovative solutions to some of the biggest challenges facing the oil and gas industry. We’ve increased the offering to ensure that SPEX Group continues to support opportunities that deliver solutions that improve safety, integrity and production, while enhancing and protecting the clients’ reputation and optimising their assets."
The investment from Puma Investments will support international growth and manufacturing innovations.
"These are really exciting times for our business. We see significant opportunities to grow globally and to drive further innovation into our business, and the Puma Private Equity team has the expertise and passion to help us deliver that."
The funding will support the establishment of a new factory and create over 70 jobs.
"We like Alusid a lot. Its commitment to the circular economy combined with its unique technology is a winning formula for us and I am pleased that we have had the opportunity to invest at this stage of Alusid’s development."
The funding will support the construction of the company's first commercial facility in Barry.
"We are constantly striving to find exciting businesses in new markets. LIGNIA is a great example of this, as a product with a clear technical advantage for which there is already high demand."
The funding round was led by Midven alongside private investor network Growthdeck.
"As soon as I visited their West Midlands production facility, I could see Carbon Fibre Preforms had the potential to become a great British engineering success story. This investment is also a first for us, co-investing with the Midven VC team, who have also bought into the potential markets for CFP’s revolutionary material."
