£1.2M
MMC Ventures leads the investment round as the company appoints a new Chief Science Officer.
"Marketers are increasingly thinking about how AI can be leveraged to improve operations and boost revenue,"
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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
1,485
Total raised
£42.6B
disclosed amounts
This month
£55.3M
raised so far
MMC Ventures leads the investment round as the company appoints a new Chief Science Officer.
"Marketers are increasingly thinking about how AI can be leveraged to improve operations and boost revenue,"
The seed round was led by 01 Ventures with backing from individual members of the UKBAA.
"This marks a break with first generation ‘content recommendation’ companies like Taboola and Outbrain, which focussed on pushing adverts and clickbait ‘sponsored content’ rather than giving users what they really wanted."
BGF Ventures has led a £4m Series A round into biometric authentication platform AimBrain.
"We know that financial institutions have a big problem with fraud prevention – and customers are not getting the best experience. That’s why we built a platform that uses behavioural, facial and voice data to identify customers accurately, quickly and securely."
The funding round was backed by Angels in the City, LBA private investors, and the London Co-Investment Fund.
"this has been a tremendous last year for the business and the high quality of investors supporting this funding round is a testament to this. The combination of this new funding and the expertise in the investor group will be instrumental as we scale from our strong base."
London Business Angels and the London Co-Investment Fund backed the pre-series A round to support international expansion.
"2016 was a great year for Advizzo with strong traction from the utilities market and great interest from investors. Such pre-series A is a great achievement for Advizzo with a fruitful collaboration with London Business Angels and the LCIF which did a follow-up investment alongside experienced private investors who know the utilities industry trends very well. We will continue to expand in 2017 locally and internationally with additional software modules."