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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.

Announcements

308

Total raised

£4.1B

disclosed amounts

This month

£27.8M

raised so far

Series A
£12.3M

The financing brings total Series A funds to $33m to advance the company cell reprogramming pipeline.

"We are delighted to see the continued support of our existing investors, as well as welcome new investors Astellas Venture Management and Dr Jonathan Milner, in support of the progression of our initial programs through to IND-enabling studies."
— Darrin Disley, CEO
Series D+
£162M

The financing was led by SoftBank Vision Fund 2 with participation from Novo Holdings and Blackrock to expand the proprietary drug pipeline.

"We believe Exscientia’s innovative use of AI to discover and design better quality drugs with greater efficiency has the potential to create important medicines faster than ever before. With the convergence of technology and biology, drug discovery is rapidly evolving in ways that will reshape the industry. The Exscientia team have been leaders in AI-based drug discovery since the field’s inception and we believe they will continue shaping its future."
— Eric Chen, Managing Partner of SoftBank Investment Advisers
Grant
£13.2M

The biotechnology company has obtained grant funding to advance its antibacterial therapy through Phase 1 clinical trials.

"To receive funding from CARB-X is important validation for our SASPject technology platform and its potential in fighting bacterial resistance. It has been awarded at the end of a thorough due diligence process which reinforces the credibility of the company and our team – I am delighted to now look forward to progressing our lead product to clinical trials and developing a product pipeline that will advance the science of antibacterial therapy and in time, save millions of lives round the world."
— Heather Fairhead, Founder and CEO
Series B
£35.9M

Koch Disruptive Technologies led the Series B round to support the commercialisation of the Veros diagnostics platform.

"This Series B round is crucial in providing us with the resources to grow our Veros platform to revolutionize decentralized point-of-care testing; and it is particularly important as we commercialize our Veros COVID-19 test, which delivers laboratory quality results directly to users within minutes, without an instrument. This will be an essential tool in the effective management of outbreaks of this and other diseases,"
— Harry Lamble, CEO