The Nottingham-based fitness technology provider has received a loan from the Midlands Engine Investment Fund managed by Maven Capital Partners.
Funding Announcements
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The latest funding rounds from the UK tech ecosystem. Updated 3 August 2026.
Announcements
5,264
Total raised
£158B
disclosed amounts
This month
£232M
raised so far
£500K
£1.1M
The pre-seed round was backed by BBVA Anthemis Venture Partnership and Triple Point Ventures to fund platform development and team expansion.
"Finance for postgraduate and technical qualifications is outdated and prohibitive. The best courses are too expensive for the vast majority of potential students, and the costs are not covered by Government loans. The Student Loans Company loses 80p for every £1 it lends – a public finance model simply isn’t viable when half of Masters graduates go on to earn less than the UK average so would never repay the loan. Debt is a poor solution to this problem, with lending terms based on past income, which restricts opportunity for younger and less wealthy individuals and limits upward social mobility. Outcome-based finance fixes this and opens up enormous economic opportunities for people who would otherwise be priced out of the kind of courses that unlock significantly higher earning potential."
£63.0M
Gresham House invests £63m through its British Strategic Investment Fund to accelerate the delivery of ultrafast fibre connectivity across the UK.
"The Telcom team has impressed us with its customer-driven approach to delivering high-quality fibre service to both commercial and residential settings. The business’ repeat customer base demonstrates its expertise in providing gigabit connectivity where and when needed, and will allow our investors to benefit from a reliable recurring revenue stream."
£1.5M
The online cancer recovery platform secured its seed backing from a group of prominent oncologists and surgeons.
"People living with cancer experience a wide range of physical and psychosocial effects. Despite the fantastic treatment traditional healthcare providers offer, they’re not well-equipped to manage these diverse, on-going, personalised needs thereafter – and once the primary cancer treatment has come to an end, many people describe feeling ‘abandoned’."
£1
The Berkshire-focused funding will support platform expansion alongside the appointment of new chair David Grundy.
"OpenBlend has always had a forward-thinking approach to performance management. Placing the employee at the centre of performance conversations is both logical and effective in driving high performance. Whilst the last 15 months has rocked many aspects of our working lives, the silver lining is how its accelerated the mindset in recognising ‘the human’ in high performing workforces. It’s how it should have always been and I’m thrilled with the outcome. Our time is now, the workplace needs OpenBlend and we very much look forward to scaling the business with the support of FSE."


