£11.0M
The company secured an £11m convertible loan to scale manufacturing and commercial operations for its point-of-care diagnostic system.
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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
The company secured an £11m convertible loan to scale manufacturing and commercial operations for its point-of-care diagnostic system.
Ingka Investments backed the latest round to help the location technology firm scale into new global markets.
"what3words ambition is to become a global standard for communicating location"
The seed round was led by Veridian Ventures to support UK market growth.
"We are very excited to be supporting GridDuck on its journey of growth. We find their value proposition compelling, their platform impressive and scalable and believe they can develop into a real game-changer for how businesses manage their energy consumption and environmental impact"
The funding round was led by Blackfinch and Praetura Ventures to support product marketing and business growth.
"Both Blackfinch and Praetura Ventures instantly recognised what Transreport is trying to achieve: make transport more accessible. Their respective strategic visions for a more equal, equitable and inclusive society aligns completely with our own. Going forward, there is a strong belief that companies which put people and the planet first, will undoubtedly be more profitable. We maintain an ethos of using technology for doing good, and the entire team is greatly looking forward to working with them to help grow Transreport further to maximise its positive impact on as many people as possible."
Harwood Private Equity has taken a minority stake in the data centre operator to support its growth strategy.