Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of Q4. I have included some additional information as well such as industry, founding year, brief funding description, founders, total funding raised, to further the analysis for the state of venture capital in London. For the purposes of this analysis, only equity funding rounds were considered.
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
15. WeGift £26.0M
Round: Series B
Description: WeGift provides a digital incentives platform to help brands engage with customers. Founded by Aron Alexander in 2016, WeGift has now raised a total of £38.4M in total equity funding and is backed by Ascension, AlbionVC, SAP.iO, Unilever Ventures, and Stride.VC.
Investors in the round: AlbionVC, Clocktower Technology Ventures, CommerzVentures, Element Ventures, SAP.iO, Volution
Industry: Gift Card, Payments, Software
Founders: Aron Alexander
Founding year: 2016
Total equity funding raised: £38.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
14. Bumper £26.1M
Round: Series A
Description: Bumper is a payment platform for car dealerships. Founded by Jack Allman and James Jackson in 2013, Bumper has now raised a total of $47.2M in total equity funding and is backed by Autotech Ventures, Secure Trust Bank, ITOCHU Corporation, InMotion Ventures, and Porsche Ventures.
Investors in the round: Autotech Ventures, InMotion Ventures, ITOCHU Corporation, Revo Capital
Industry: Finance, Internet
Founders: Jack Allman, James Jackson
Founding year: 2013
Total equity funding raised: $47.2M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
13. V7 $33.0M
Round: Series A
Description: V7 is an AI data engine to assist clients in managing datasets. Founded by Alberto Rizzoli and Simon Edwardsson in 2018, V7 has now raised a total of $43.0M in total equity funding and is backed by Temasek Holdings, Partech, Radical Ventures, Amadeus Capital Partners, and Air Street Capital.
Investors in the round: Air Street Capital, Amadeus Capital Partners, Ashish Vaswani, Francois Collet, Jose Valim, Oriol Vinyals, Partech, Radical Ventures, Temasek Holdings
Industry: Artificial Intelligence, Image Recognition, Machine Learning, Software
Founders: Alberto Rizzoli, Simon Edwardsson
Founding year: 2018
Total equity funding raised: $43.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
12. Tatum $41.5M
Round: Series A
Description: Tatum gives developers, entrepreneurs, and businesses a platform to utilize blockchain technology regardless of the blockchain. Founded by Jiri Kobelka and Samuel Šramko in 2018, Tatum has now raised a total of $49.6M in total equity funding and is backed by Octopus Ventures, 3VC, Evolution Equity Partners, LeadBlock Partners, and SkyDeck Berkeley.
Investors in the round: 3VC, Christian Trummer, DEPO Ventures, Eric Demuth, Evolution Equity Partners, LeadBlock Partners, Octopus Ventures, Paul Klanschek, Tensor Ventures
Industry: Blockchain, Developer APIs, Developer Platform, PaaS, Smart Building
Founders: Jiri Kobelka, Samuel Šramko
Founding year: 2018
Total equity funding raised: $49.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
11. The Applied AI Company (AAICO) $42.0M
Round: Seed
Description: The Applied AI Company builds products to automate human processes within insurance, pharmaceutical, healthcare and government. Founded by Arya H. Bolurfrushan in 2021, The Applied AI Company (AAICO) has now raised a total of $42.0M in total equity funding and is backed by G42, Arya Bolurfrushan, Plug and Play, HCS Beteiligungsgesellschaft, and A.R.M Holding.
Investors in the round: A.R.M Holding, Arya Bolurfrushan, G42, HCS Beteiligungsgesellschaft, Plug and Play, Prince Stefan of Liechtenstein
Industry: Artificial Intelligence, Insurance, Software
Founders: Arya H. Bolurfrushan
Founding year: 2021
Total equity funding raised: $42.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
10. Plend £40.0M
Round: Series B
Description: Plend is building a better way to borrow where consumers are no longer held back by credit history. Founded by James Pursaill and Robert Pasco in 2020, Plend has now raised a total of £40.8M in total equity funding and is backed by Nationwide Building Society, Ascension, Haatch, Active Partners, and Tomahawk.VC.
Investors in the round: Active Partners, Ascension, DD Venture Capital, Fair By Design Fund, Haatch, Nationwide Building Society, SIVO, Tomahawk.VC
Industry: Consumer Lending, Embedded Systems, Financial Services, FinTech, Personal Finance
Founders: James Pursaill, Robert Pasco
Founding year: 2020
Total equity funding raised: £40.8M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
9. BeZero Carbon £42.4M
Round: Series B
Description: BeZero Carbon is here to build markets and environmental assets, starting with the Voluntary Carbon Market. Founded by Tommy Ricketts and Sebastien Cross in 2020, BeZero Carbon has now raised a total of £42.4M in total equity funding and is backed by Molten Ventures, Illuminate Financial, Norrsken VC, IntercontinentalExchange, and Quantum Energy Partners.
Investors in the round: Contrarian Ventures, EDF Ventures, Hitachi Ventures, Illuminate Financial, IntercontinentalExchange, Molten Ventures, Norrsken VC, QIMA, Quantum Energy Partners
Industry: Information Services, Information Technology
Founders: Tommy Ricketts, Sebastien Cross
Founding year: 2020
Total equity funding raised: £42.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
8. Beamery $50.0M
Round: Series D
Description: Beamery is a talent acquisition, engagement, and retention platform that manages sourcing, hiring, and retaining of people. Founded by Abakar Saidov, Michael Paterson, and Sultan Murad Saidov in 2014, Beamery has now raised a total of $223.0M in total equity funding and is backed by EQT Ventures, Ontario Teachers’ Pension Plan, Index Ventures, Grupa Pracuj, and Accenture Ventures.
Investors in the round: Teachers’ Venture Growth
Industry: Enterprise Software, Human Resources, Marketing Automation, Recruiting, SaaS
Founders: Abakar Saidov, Michael Paterson, Sultan Murad Saidov
Founding year: 2014
Total equity funding raised: $223.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
7. Pulmocide $52.0M
Round: Series C
Description: Pulmocide is focused on the development of inhaled medicines for the treatment of viral and fungal infections of the respiratory tract. Founded by Garth Rapeport and Pete Strong in 2013, Pulmocide has now raised a total of $202.0M in total equity funding and is backed by IP Group, F-Prime Capital, Vivo Capital, SV Health Investors, and SR One.
Investors in the round: Adjuvant Capital, Asahi Kasei Pharma, Cystic Fibrosis Foundation, F-Prime Capital, IP Group, Jeito Capital, Johnson & Johnson Innovation – JJDC, Longwood Fund, Pictet Alternative Advisors, SR One, SV Health Investors, Vivo Capital
Industry: Biotechnology, Health Care, Health Diagnostics, Medical, Medical Device
Founders: Garth Rapeport, Pete Strong
Founding year: 2013
Total equity funding raised: $202.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
6. Stability AI £89.0M
Round: Seed
Description: Stability AI is an AI-driven visual art startup that designs and implements an open AI tool to create images based on text input given. Founded by Cyrus Hodes and Emad Mostaque in 2019, Stability AI has now raised a total of £89.0M in total equity funding and is backed by Lightspeed Venture Partners, Coatue, and O’Shaughnessy Asset Management.
Investors in the round: Coatue, Lightspeed Venture Partners, O’Shaughnessy Asset Management
Industry: Artificial Intelligence, Image Recognition, Information Technology, Software
Founders: Cyrus Hodes, Emad Mostaque
Founding year: 2019
Total equity funding raised: £89.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
5. Improbable £88.0M
Round: Venture
Description: Improbable is a technology company that provides a metaverse platform designed to offer virtual gaming experiences. Founded by Herman Narula, Peter Lipka, and Rob Whitehead in 2012, Improbable has now raised a total of $704.0M in total equity funding and is backed by Andreessen Horowitz, Temasek Holdings, Valour, NetEase, and Horizons Ventures.
Investors in the round: Elrond, Metaverse, Valour
Industry: Gamification, Gaming, Information Technology, Software, Virtual World
Founders: Herman Narula, Peter Lipka, Rob Whitehead
Founding year: 2012
Total equity funding raised: $704.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Aztec £82.0M
Round: Series B
Description: Aztec develops an ethereum trading protocol that enables private transactions across the public blockchain. Founded by Joe Andrews, Thomas Pocock, and Zachary Williamson in 2017, Aztec has now raised a total of $119.1M in total equity funding and is backed by ConsenSys, Andreessen Horowitz, Entrepreneur First, imToken, and Coinbase Ventures.
Investors in the round: A.Capital Ventures, Andreessen Horowitz, AVG Ventures, Fenbushi Capital, HashKey Capital, King River Capital, SV Angel, Variant
Industry: Blockchain, Ethereum, Privacy, Software
Founders: Joe Andrews, Thomas Pocock, Zachary Williamson
Founding year: 2017
Total equity funding raised: $119.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. Allica Bank £100.0M
Round: Series C
Description: Allica Bank is a fintech company that delivers digital banking services for small and medium-sized businesses. Founded by Jason Scott in 2017, Allica Bank has now raised a total of £283.5M in total equity funding and is backed by TCV, Atalaya Capital, Warwick Capital LLP, and British Business Investments.
Investors in the round: Atalaya Capital, TCV, Warwick Capital LLP
Industry: Banking, Finance, Financial Services, FinTech
Founders: Jason Scott
Founding year: 2017
Total equity funding raised: £283.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
2. Copper $181.0M
Round: Series C
Description: Copper is a cryptocurrency custody firm that provides a secure infrastructure for the institutional digital asset investment community. Founded by Dmitry Tokarev in 2018, Copper has now raised a total of $266.0M in total equity funding and is backed by Tiger Global Management, Illuminate Financial, MMC Ventures, Dawn Capital, and LocalGlobe.
Investors in the round: Barclays Ventures, Tiger Global Management
Industry: Finance, Financial Exchanges, Financial Services
Founders: Dmitry Tokarev
Founding year: 2018
Total equity funding raised: $266.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
1. Mews $185.0M
Round: Series C
Description: Mews is a cloud-based hotel property management system that helps simplify hotel operations so properties can focus on their guests. Founded by Richard Valtr in 2012, Mews has now raised a total of $232.2M in total equity funding and is backed by Goldman Sachs, Kinnevik, Salesforce Ventures, Thayer Ventures, and henQ.
Investors in the round: Battery Ventures, Derive Ventures, Goldman Sachs, henQ, Kinnevik, Notion Capital, ORBIT Capital, Revaia, Salesforce Ventures, Thayer Ventures
Industry: Enterprise Software, Hospitality, Hotel, Property Management, Travel
Founders: Richard Valtr
Founding year: 2012
Total equity funding raised: $232.2M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
