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

Announcements

127

Total raised

£13.5B

disclosed amounts

Series A
£11.0M

The funding round was led by Balderton Capital to support product development and market expansion.

"Road transport is the backbone of European commerce and there’s no reason why it should be run on decades-old software. We’re proud that we can offer a secure cloud-based solution, with AI-based automation in an affordable subscription model that has helped our customers drive efficiencies in their business. Qargo is processing tens of millions in revenue and has become a true partner to the transport companies which are the backbone of many sectors. We’re delighted to partner with Balderton to power our growth and look forward to taking Qargo to the next level."
— Adriaan Coppens, CEO
Series C
£837M

The financing round was led by SoftBank with participation from NVIDIA and Microsoft to launch embodied AI products for vehicles.

"At Wayve, our vision is to develop autonomous technology that not only becomes a reality in millions of vehicles but also earns people's trust by seamlessly integrating into their everyday lives to unlock extraordinary value. This significant funding milestone highlights our team's unwavering conviction that Embodied AI will address the long-standing challenges the industry has faced in scaling this technology to everyone, everywhere. Our collaboration with SoftBank, NVIDIA, and Microsoft will help advance our mission to redefine driving with AI at the core. This investment will enable us to develop and launch our first Embodied AI products for the automotive industry, empowering OEMs to provide consumers with trustworthy and beneficial automated driving experiences."
— Alex Kendall, CEO
Series C
£16.7M

The funding follows backing from six investors, led by a £10.5m injection from the Scottish National Investment Bank.

"Orbex is one of only two space rocket manufacturers in the UK, and the only one to also operate its own spaceport. Our technology is pivotal in making the UK a hub for European orbital launch, and we are entering a critical phase of development. We are building a sustainable, cost-effective launch vehicle to compete with the best of Europe’s spaceflight manufacturers. This additional funding will support our goal to push on into an operational launch phase, and scale our business when the time comes."
— Phillip Chambers, CEO