£278K
The property lender raised the funds to prepare for its delayed peer-to-peer lending launch in October.
"The future fund is a much-needed and welcome initiative for us,"
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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
158
Total raised
£5.7B
disclosed amounts
The property lender raised the funds to prepare for its delayed peer-to-peer lending launch in October.
"The future fund is a much-needed and welcome initiative for us,"
The funding round was led by James Meekings, Andrew Mullinger, and David Rutter, with participation from Mishcon de Reya.
"The need for the legal market to rapidly adapt in light of the Covid-19 pandemic has been a major catalyst for change, and we believe there is an enormous opportunity to help lawyers cut out fraud risk while improving the client experience during life’s big moments, through a slick and simple mobile app. We’ve seen a huge increase in demand from our law firm clients and, despite a challenging market backdrop, we’ve secured a further £1m investment which will allow us to press the pedal harder on our growth plans. Our technology transforms the highly inefficient, manual methods used by many firms, improving identity verification and money laundering compliance, and reducing the risk of cybercrime– three areas in which lawyers face increasing anxiety and uncertainty from heavy regulatory burdens, technology overload and rampant fraud."
The seed round was led by Vanneck Investments with backing from a group of prominent angel investors and founders.
"We’re thrilled to have some amazing investors on board and look forward to leaning on their expertise as we broaden the horizons for Skrap. Our team has huge ambitions to scale across the UK and globally. Having laid the foundations in Skip hire, we are fast expanding in all construction hire verticals. Skrap is making its mark in industry by introducing the first mobile app that makes it simple and convenient for construction companies to access resources they need."
Fuel Ventures and Ascension Ventures backed the seed round to support product development.
"The UK is a country of renters with more than £85 billion collected each year. For landlords the time spent trying to manage the monies for more than one property – from rent collection to bookkeeping – can cause headaches. I know this first hand being a landlord myself. We wanted to alleviate this by developing new tech that automates the mundane duties of managing property portfolios and provides instant insight into how well each house or flat is performing. Having this new investment allows us to pursue our vision of reducing uncertainty and providing efficiency to landlords, ultimately helping them maximise profits. These savings in both time and money can then be passed onto the tenants: a win-win for the industry."
The funding round takes the company's total amount raised to £1.1m to support platform development and sector expansion.
"Our mission is to ensure all property sellers achieve the best price they can for their property."