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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
340
Total raised
£3.4B
disclosed amounts
This month
£10.4M
raised so far
The pre-seed funding will accelerate the rollout of the company flagship cloud emissions software.
"Until now, no one has taken responsibility for the staggering environmental impact of cloud computing. At Greenpixie we see Cloud NetZero as a rare business opportunity that can give the investment and productivity gains of scalable software, with an equally scalable positive impact on the planet – so we can bring sustainability to the digital world."
Fred Olsen led the pre-Series A round, which will fund European expansion and new product development.
"Fred Olsen and Triple Point are a great match for Modo Energy – they share our big ambitions around net-zero and the massive potential of data within this sector. They’re also completely aligned with our mission – to help companies achieve huge success with their energy storage assets. We’re seeing more and more companies incorporate an Asset Success mindset into their business strategy – particularly the leading funds and investors in the energy storage space. Asset Success is all about data transparency – understanding markets and assets, forecasting what comes next, and bringing this all together to enable informed, high-quality decision-making."
The seed round was led by Ecovative Design to fund the opening of a new raw material production plant.
"We have just eight years to meet the UN’s Sustainable Development Goals and businesses have a crucial role to play – but they need viable and cost-effective solutions that significantly reduce the carbon footprint across their entire supply chain. We’re proud to be creating value from waste and unlocking the potential of mycelium – a resource that has been untapped to date. We’re delighted to have the support of a brilliant group of investors who have a wealth of experience in driving sustainable change and share our vision for the future of packaging solutions. The magic of mushrooms is only just being realised and we can’t wait to make it mainstream."
The oversubscribed seed round will support staff recruitment and design work for a commercial plant in Scotland.
"Our technology takes a low-value forestry co-product and turns it into essential chemical building blocks, with all manner of applications across the chemical industry and beyond, delivering significant environmental and economic benefits. This investment will enable us to push on and commercialise the technology, and is a fantastic show of support for what we believe to be a world-changing innovation."
The funding round was led by Green Angel Syndicate to support production scale up and team expansion.
"This investment is well timed to enable us to realise the rapid growth needed to meet the demand for our product in the UK and internationally."
