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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
238
Total raised
£3.1B
disclosed amounts
This month
£7.8M
raised so far
The funding round was led by Episode 1 Ventures to support hospital expansion.
"As a surgeon, I have all too often been delayed by items like lightbulbs in the theatre being broken, faulty equipment or not having the right stock when I need it. We founded MediShout to stop such frustrating issues from getting in the way of patient care. Our ultimate vision is to use AI and digital technologies to transform our hospitals into smart-buildings that run smoothly."
The grant from Innovate UK will be used to accelerate deployment speeds and extend software functionality for infection control in hospitals.
"With COVID-19 still an ever-present challenge in the UK and across the globe, our working lives, social encounters, and travel plans are continually being disrupted. Businesses like Navenio have stepped up to the challenge and produced technology which aims to solve these issues. Those awarded funding from our competition will support the UK in delivering potential solutions and services to facilitate our recovery from the pandemic."
The funding round was backed by Jonathan Milner, Catapult Ventures and Shallcross Partners to fund regulatory submissions and commercialisation.
The Reading-based healthcare technology company secured the financing over five months to progress product development and clinical trials.
"Healthcare is one of the areas of biggest interest to our investor database. In the year of a global pandemic this is perhaps no surprise – but this business really did tick all the boxes for our investors. They have patent-protected IP with a product developed by a team with extensive medical experience. They also have a track record of high value medical and technology exits. We look forward to seeing the development of this business and its potential ability to improve the lives of millions of people."
West Hill Capital backed the seed follow on round to support new product development and international expansion.
"West Hill was most impressed with TestCard’s management team and technology and believed that the company would make a significant addition to our portfolio. TestCard is now perfectly positioned to benefit from a new world where home testing for a multitude of medical conditions or illnesses has become necessary in order to alleviate the strain on our healthcare services."
