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The latest funding rounds from the UK tech ecosystem. Updated 16 October 2026.
Announcements
140
Total raised
£554M
disclosed amounts
This month
£23.1M
raised so far
The funding package was led by the Scottish National Investment Bank alongside Scottish Enterprise, PXN Group, and Archangels.
"The Bank is delighted to continue to support the growth of iGii alongside our co-investors PXN Ventures and Archangels and now with the support of Scottish Enterprise. The capital that iGii has attracted is a strong indicator of the exciting potential for its Gii technology and the positive impact it could have in the world."
Most rounds here started life as a press release.
Winfred reads them overnight, pulls out the facts, checks them against Companies House and files them. It was built by C8VA, who do the same kind of work for other businesses: turning messy, unstructured material into something you can search, count and rely on.
The British Design Fund provided £230k toward a wider £400k raise to advance manufacturing and overseas expansion.
"The moment that changed everything for me was standing in a salmon processing plant and seeing thousands of single‑use EPS boxes piled up, destined for landfill or worse. It was truly shocking. I’d spent years in the seafood industry but witnessing that scale of waste in one place made the environmental cost impossible to ignore. I knew then that something had to change, and that experience has driven me ever since to prove that we can replace EPS with sustainable materials that protect both the product and the planet."
The funding round was led by Backed, Lunar Ventures, Seraphim Space, MMC Ventures, and SOSV.
"I left my PhD because I was frustrated with the rate of progress in fusion energy. I wanted to take the strongest machine learning researchers in the world and apply them to these problems that really mattered, and a startup was the best way to do that,"
Nimble Ventures led the financing round with participation from Lockheed Martin's fund, Calculus Venture Capital, Entrepreneur First, and LM Ventures.
"Quoting is one of the biggest hidden bottlenecks in precision machining: move too slowly, and shops can lose the opportunity, or price inaccurately and they can lose margin once the job reaches production,"
The Cranfield University spinout secured backing from DSW Ventures and Innovate UK to scale its engineering team and platform capabilities.
"We’re at the point where both advanced manufacturing and AI-native engineering need the same thing: faithful meshes from geometry that legacy tools simply can’t handle. ChopMesh is built natively for exactly that geometry, which uniquely positions us to serve both today’s aerospace and industrial engineers and the fast growing class of Phsyics-AI companies that depend on high-quality mesh data. This funding is a strong endorsement of that mission and the team behind it."
