Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of June. 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 and NYC 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. SurrealDB $20.0M
Round: Series A
Description: SurrealDB is the ultimate multi-model database for tomorrow’s applications Founded by Jaime Morgan Hitchcock and Tobie Morgan Hitchcock in 2021, SurrealDB has now raised a total of $26.0M in total equity funding and is backed by Alumni Ventures, Georgian, FirstMark, and Crew Capital.
Investors in the round: Alumni Ventures, Crew Capital, FirstMark, Georgian
Industry: Big Data, Cloud Computing, Database, Developer Platform, Developer Tools, Enterprise Software, Open Source
Founders: Jaime Morgan Hitchcock, Tobie Morgan Hitchcock
Founding year: 2021
Total equity funding raised: $26.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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. Yoto $23.0M
Round: Venture
Description: Yoto – The screen-free audio platform for kids. Founded by Ben Drury and Filip Denker in 2016, Yoto has now raised a total of $43.5M in total equity funding and is backed by JamJar Investments, Mark Zuckerberg, Global Founders Capital, MPL Ventures, and Acton Capital.
Investors in the round: Mark Zuckerberg, Priscilla Chan
Industry: Audio, Audiobooks, Children, Content, EdTech, Hardware, Internet Radio, Music, Podcast
Founders: Ben Drury, Filip Denker
Founding year: 2016
Total equity funding raised: $43.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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. Deskpro $25.0M
Round: Series A
Description: Deskpro is a Cloud and On Premise customer service platform which empowers organizations to grow their customer relationships Founded by Chris Padfield in 2002, Deskpro has now raised a total of $25.0M in total equity funding and is backed by Elsewhere Partners.
Investors in the round: Elsewhere Partners
Industry: CRM, Information Technology, Software, Ticketing
Founders: Chris Padfield
Founding year: 2002
Total equity funding raised: $25.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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. THIS £20.0M
Round: Series C
Description: THIS is a plant-based product brand that provides alternative meat products. Founded by Andy Shovel and Pete Sharman in 2018, THIS has now raised a total of $75.6M in total equity funding and is backed by Seedcamp, Business Growth Fund, Manta Ray Ventures, Five Seasons Ventures, and Lever VC.
Investors in the round: Planet First Partners
Industry: Alternative Protein, Food and Beverage, Food Processing, Organic, Organic Food
Founders: Andy Shovel, Pete Sharman
Founding year: 2018
Total equity funding raised: $75.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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. FINBOURNE Technology £55.0M
Round: Series B
Description: FINBOURNE Technology is a fintech company that provides investment management technology solutions. Founded by Chris Brook, Dermot Shortt, George Beasley, Paul Saunders, Stephen Collie, and Thomas McHugh in 2016, FINBOURNE Technology has now raised a total of £74.0M in total equity funding and is backed by AXA Venture Partners, Thomson Reuters, Frontline Ventures, Highland Europe, and Kreos Capital.
Investors in the round: AXA Venture Partners, Highland Europe
Industry: Cloud Infrastructure, Finance, Financial Services, FinTech, SaaS
Founders: Chris Brook, Dermot Shortt, George Beasley, Paul Saunders, Stephen Collie, Thomas McHugh
Founding year: 2016
Total equity funding raised: £74.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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. Stability AI $80.0M
Round: Venture
Description: Stability AI is an artificial intelligence-driven visual art startup that designs and implements open AI tools. Founded by Emad Mostaque in 2019, Stability AI has now raised a total of $181.0M in total equity funding and is backed by Eric Schmidt, Firestreak Ventures, Intel Corporation, Lightspeed Venture Partners, and Fourth Revolution Capital.
Investors in the round: Coatue, Eric Schmidt, Greycroft, Lightspeed Venture Partners, O’Shaughnessy Ventures, Prem K. Akkaraju, Robert Nelsen, Sean Parker, Sound Ventures
Industry: Artificial Intelligence (AI), Generative AI, Image Recognition, Information Technology, Software
Founders: Emad Mostaque
Founding year: 2019
Total equity funding raised: $181.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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. char.gy £100.0M
Round: Series C
Description: char.gy specializes in providing hyper-local public charging networks that mimic the experience of charging at home. Founded by Richard Stobart in 2016, char.gy has now raised a total of £165.0M in total equity funding and is backed by Zouk Capital.
Investors in the round: Zouk Capital
Industry: Charging Infrastructure, Electric Vehicle, Renewable Energy
Founders: Richard Stobart
Founding year: 2016
Total equity funding raised: £165.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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. Highview Power £300.0M
Round: Venture
Description: Highview Power is a renewable energy company that develops liquid-air energy storage solutions for grid applications. Founded by Colin Roy, Richard Butland, and Toby Peters in 2005, Highview Power has now raised a total of $431.2M in total equity funding and is backed by Rio Tinto Ioc, Centrica, SyndicateRoom, KIRKBI, and Janus Capital Group.
Investors in the round: Centrica, Goldman Sachs, KIRKBI, Mosaic Capital, Rio Tinto Ioc, UK Infrastructure Bank
Industry: Clean Energy, Energy, Energy Storage, Renewable Energy
Founders: Colin Roy, Richard Butland, Toby Peters
Founding year: 2005
Total equity funding raised: $431.2M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech and NYC 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.
