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The latest funding rounds from the UK tech ecosystem. Updated 21 October 2026.
Announcements
1,488
Total raised
£42.7B
disclosed amounts
This month
£62.8M
raised so far
The seed round was led by Firstminute Capital and saw participation from several institutional backers and angel investors.
"B2B wholesalers are the financial engine of the real economy but most are still managing credit with spreadsheets, phone calls and handwritten notes. We’re giving them modern, automated workflows that save hours every day and unlock serious operational efficiency."
The funding round was backed by ACF Investors and angel participants to accelerate North American expansion.
"We built our drone software with simplicity at its core, to help industry stakeholders gather actionable data for any type of building structure. We’re working with exceptional clients and partners, and look forward to using the funding to expand internationally and improve our product offering to remain at the cutting edge of inspection technology in the built environment."
The London-based deep tech startup secured backing from Amadeus Capital Partners, Sure Valley Ventures, and Professor Steve Young to expand its engineering team and refine its neural network training technology.
"We are thrilled to be backed by such experienced investors, and having a seasoned entrepreneur and AI pioneer like Professor Steve Young as our chair is a true privilege. Current approaches to training LLMs and other neural networks are extremely wasteful across multiple dimensions. Our unique solution tackles this inefficiency head-on, with the potential to radically reduce both the cost and time required to train and optimise state-of-the-art models. As we prepare to deliver our first products later this year, we are incredibly excited to embark on the next chapter of our journey—and to help shape the ongoing AI revolution by transforming AI optimisation."
General Catalyst led the seed financing to accelerate the development of Portia AI's open source developer framework and cloud platform.
"AI engineers with deep expertise painstakingly navigate their way through the challenges of deploying reliable agents in production, but we want to democratise the solutions for all developers,"
The investment round was led by IQ Capital and Latitude to accelerate product development and market expansion.
"The world is experiencing an unprecedented demand for power, not only to decarbonise heavy industries but to provide enough resources to handle the surge in AI infrastructure. The energy status quo can’t and shouldn’t sustain these demands. Our vertically integrated technology is already positively impacting customers, enabling them to experience stable, fast charge solutions when they need them the most. I’m delighted to have the confidence of our customers and investors as we further strengthen our mission to push the boundaries of ultra-high-power solutions."
