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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
32
Total raised
£1.1B
disclosed amounts
The funding package comprises a £20m debt facility from Santander UK and £12.5m in growth capital from the Scottish National Investment Bank.
"Santander is delighted to have provided M Squared with £20m of debt facilities to support their strategic buyout and future growth ambitions."
The pre-seed round was led by Atmos Ventures with backing from Oxford Sciences Innovation and Quantonation.
"Optical fiber is the cornerstone of the internet revolution, carrying information across continents"
The seed round was led by Kindred Capital to help commercialise quantum-resistant encryption tools for businesses.
The seed round was led by Balderton Capital and will fund team expansion.
"Rahko is one of the top teams in the world working on a complex space at the very edge of science and computing. The application of discoveries within quantum has already been profound and impacted our fundamental understanding of the world around us. The pace and rate of change in this field over the past few years has been astonishing, and we feel incredibly lucky to be supporting this exceptional team as they continue to push the boundaries of what’s possible."
Bloc Ventures leads a £2.7m Series A round alongside debt finance to accelerate quantum security hardware development.
"We are delighted to announce Bloc Ventures as our first institutional investor and look forward to working together during our next stage of growth."
