With so much going on in the thriving London Tech ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in London Tech News for the week ending 24/6 featuring news for Adam Foods, Drest, and much, much more.
Volt.io – $60M
Volt.io, an infrastructure platform for real-time payments, has raised $60M in Series B funding led by IVP. Founded by Jordan Lawrence, Steffen Vollert, and Tom Greenwood in 2019, Volt.io has now raised a total of $87.8M in reported equity funding.
ElevenLabs – $19M
ElevenLabs, a latency-free voice technology research startup that can turn any speech into text using synthetic voices, clones voices, or new artificial voices, has raised $19M in Series A funding led by Andreessen Horowitz, Nat Friedman, and Daniel Gross. ElevenLabs was founded by Mati Staniszewski and Piotr Dabkowski in 2022.
Drest – £15M
Drest, a metaverse-focused gamification platform showcasing fashion, beauty, and lifestyle, has raised £15M in venture funding from investors that include . Founded by Graham Edwards and Lucy Yeomans in 2019, Drest has now raised a total of £30M in reported equity funding.
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TreasurySpring – £15M
TreasurySpring, a treasury management platform, has raised £15M in Series B funding from investors that include Balderton Capital, Anthemis Group, MMC Ventures, ETFS Capital, and Black Lion Ventures. Founded by James Skillen, Kevin Cook, and Matthew Longhurst in 2016, TreasurySpring has now raised a total of £25.6M in reported equity funding.
Supercritical – $13M
Supercritical, a carbon removal marketplace, has raised $13M in Series A funding led by Lightspeed Venture Partners. Founded by Aaron Randall and Michelle You in 2021, Supercritical has now raised a total of $15.8M in reported equity funding.
Adamo Foods – £1.5M
Adamo Foods, an alternative meat food tech company that has developed a mycelium-based steak, has raised £1.5M in pre-seed funding led by SFC Capital. Founded by Pierre Dupuis in 2021, Adamo Foods has now raised a total of $2.5M in reported equity funding.
