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The latest funding rounds from the UK tech ecosystem. Updated 31 July 2026.
The investment round was led by Praetura Ventures to support continued network rollout and product development.
"The latest funding round shows the confidence of our investors, and we look forward to sharing some exciting developments in the coming year."
The Series A round was led by IP Group and Pentech Ventures.
"If something doesn’t change soon, the free and open web as we know it will cease to exist,"
The investment was co-led by Unusual Ventures, Motive Partners, and Bain Capital Ventures to fuel international expansion and product development.
"High-potential companies struggle to cope with large volumes of international payments and there is a huge gap in the market — at one end you have inefficient local solutions; at the other, you have the tier-one global providers, inaccessible to all but the world’s biggest businesses. Businesses have no option but to stitch together a costly and complex patchwork of service providers and this is the pain point that Paytrix is stepping in to solve."
The funding round was backed by angel networks, syndicate funds and high profile individual investors.
"At MyPocketSkill we are passionate about supporting young people to develop the skills to become employable and the financial habits to become financially capable, which often go hand-in-hand. Our goal is now to reach over a million young people in the next three years and this funding puts us well on target for that."
The funding was backed by the UK Innovation & Science Seed Fund, Oxford Innovation EIS Growth Fund, Oxford Innovation Finance's Angel Network, and the Defence and Security Accelerator.
"This new investment provides us with the funding to take our game changing technology to commercialisation, helping deliver the UK government’s semiconductor and technology strategy. Our Inertial sensors are already gaining strong industry interest globally with a major aerospace and defence contractor having already placed contracts. Our revolutionary gravity sensor will be commercialised later this year with the industry interest shown by our acceptance on to Europe’s largest infrastructure accelerator program and the award of funding from the Department for Business and Trade railway construction innovation competition. We are very excited for this next stage in SMG’s journey."
