Funding Announcements

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The latest funding rounds from the UK tech ecosystem. Updated 31 July 2026.

Series C
£30.0M

The Series C financing was co-led by Eight Roads and CNP and will support product development and team expansion.

"We’re really pleased to have continued support from Eight Roads, and to welcome on board new investors CNP and Breega as we work to further execute on our mission of helping everyone save and invest for their future. Securing this funding enables us to continue to build the products, tools and technology to help people achieve their goals easily – whether it’s buying a house, saving for retirement or just a rainy day."
— Ben Stanway, Co-founder
Series A
£2.0M

The minority investment is backed by Hermes GPE and will drive customer-centric product innovation.

"We are delighted to have Newlands Capital onboard to help us continue our product led growth,putting the customer experience first in everything we do. The bespoke investment offered by Newlands and their 20 year plus technology investment experience is what we need at this point in the development of Capsule."
— Duncan Stockdill, CEO and Cofounder
Series C
£20.5M

The Series C round was co-led by Target Global, RTP Global, and Autotech Ventures, bringing the company's total funding to £27.5m.

"The car market is one of the last retail categories that has yet to shift online, with online penetration of car sales being still below 1%, while 20% of all UK retail sales are now online. Drover’s digital ‘car-as-a-service’ model is the right approach to truly build the ‘Amazon of Cars’ as it lends itself much better to an online model than does the long-term commitment, high ticket size type transaction of buying a car with cash or on finance. As a result, the last few years have seen Drover evolve and grow into a seriouscontender in the UK car retailing market. The Drover team has been agile through COVID-19 and that has enabled us to continue to show fantastic growth in a challenging time. The need for a simpler, more flexible model for car ownership is only accelerating and we’re proud to be leading that journey in the UK and France and in hopefully many more markets in the future."
— Felix Leuschner, Founder & CEO