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The latest funding rounds from the UK tech ecosystem. Updated 26 October 2026.

Announcements

405

Total raised

£13.4B

disclosed amounts

This month

£87.7M

raised so far

Series B
£110M

The funding round was led by Atalaya Capital Management and will help finance the acquisition of AIB's SME lending portfolio.

"While most digital and challenger banks are focused on specialist lending markets or secondary payment accounts, this transaction demonstrates how Allica is leading the charge in taking on the mainstream 'high street' banking market for established, growing SMEs. We are fast becoming the SME lender of choice with our powerful mix of proprietary technology and experienced local relationship managers."
— Richard Davies, CEO
Series B
£39.0M

Morningside led the Series B financing to support regulatory approvals and market entry for clinical software treatments.

"At ieso, we’re looking to transform global mental health by unlocking the power of clinical data to develop AI-enabled digital therapeutics. Our experience delivering outstanding mental health care within the NHS ideally places us for starting to tackle this challenge. A new generation of clinically-validated digital mental health care products could ultimately improve millions of lives. But we cannot do this alone, and look forward to working with our patients, clinicians, investors, as well as existing and future partners, to better serve those who require mental health support."
— Nigel Pitchford, CEO
Series B
£83.7M

Greenoaks led the Series B round, which values the company at $570m.

"Ask any business owner, and they’ll tell you that managing corporate spend is among the most frustrating parts of running a company. It requires significant manual work that consumes employee time and introduces substantial room for error. Payhawk turns a fragmented process into a seamless one, providing a single place to manage the entire spending lifecycle from company cards to expenses and bill payments to invoices. We’ve been thrilled to see how fast they’ve grown, already serving a truly global customer base that’s attracted by powerful and delightful software. We think that painful expense reports and bill payments should be a thing of the past, and we are excited to partner with Payhawk on the way to getting there."
— Patrick Backhouse, Partner
Series B
£59.5M

Spectrum Equity led the Series B round to support global expansion and product development.

"Prior to the pandemic, the hospitality industry had been open to gradually adopting newtechnology. Our business experienced significant growth through 2020 despite the industry headwinds, but 2021 has been a breakthrough year for us as the recovery accelerated the pace of technology adoption. We anticipate unprecedented opportunities and growth as the recovery continues,"
— Sean Fitzpatrick, CEO
Series B
£15.0M

Vita Spring provided the funding as QuantuMDx also pursues commercialisation discussions with Sansure Biotech.

"I am very pleased to announce this equity investment today which will enable us to further evolve the Q-POC™ platform, making our system one of the most innovative, high multiplexing, molecular point of care devices in the market. Vita Spring shares our mission of developing accurate and efficient solutions to identify pathogens and diagnose diseases and so we are delighted they have chosen to invest in QuantuMDx. We are also looking forward to our close future relationship with Sansure and believe they will be an excellent partner for QuantuMDx in China as we look to increase our global footprint in Chinese and adjacent markets."
— Jonathan O’Halloran, Co-founder and Chief Executive