Funding Announcements

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The latest funding rounds from the UK tech ecosystem. Updated 31 July 2026.

Series B
£24.6M

Sofina led the round with participation from Balderton Capital to support product development and market expansion.

"This round is a strong endorsement of our progress and our mission to modernise transport management. Since our Series A we’ve grown revenue, customers and team at an exceptional pace, while remaining highly capital efficient. The Series B funding allows us to continue investing and grow the team so that we can keep offering the same level of customer service."
— Adriaan Coppens, CEO and co-founder
Series B
£22.9M

The Series B round was co-led by Blume Equity and Morgan Stanley Investment Management to fund expansion into the United States.

"This partnership with Blume Equity and Morgan Stanley Investment Management’s 1GT validates our mission to transform how field work is captured, analysed, and acted upon. With this investment, we will expand our platform capabilities and geographic footprint, including the US, and continue building the world’s most comprehensive frontline work solutions that drive intelligent collaboration and value creation across the entire ecosystem and supply chain."
— Kapil Singhal, Co founder and CEO
Series B
£15.1M

The Series B round was led by Yttrium to fund international expansion and technology development.

"This round reflects the strong momentum behind our technology and the measurable results it is delivering for customers worldwide. With the new funding, we can expand our footprint faster and continue shaping the future of digital fuel management."
— Alex Mattos, Co-founder
Series B
£37.0M

The oversubscribed round will scale automated laboratories and molecular design operations.

"Chemify aims to become the global digital backbone of chemistry, enabling fast design and discovery. Our vision is that Chemify will be able to design and make any molecule on demand for our customers across all of chemistry from drug discovery to new catalysts and electronic materials. The next step in our evolution is nothing short of a revolution in the digitization and automation of chemical discovery and manufacturing."
— Lee Cronin, CEO and Founder