Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during July. 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) 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. Sokin £24.0M
Round: Venture
Description: Sokin is a global financial service provider that enables consumers and modern businesses to make international payments and remittances whenever they want, wherever they are. Founded by Vroon Modgil in 2019, Sokin has now raised a total of £24.0M in total equity funding and is backed by Morgan Stanley, Aurum Partners, Rio Ferdinand, Mark Britto, and Gary Marino.
Investors in the round: Aurum Partners, Gary Marino, Mark Britto, Morgan Stanley, Rio Ferdinand
Industry: FinTech
Founders: Vroon Modgil
Founding year: 2019
Total equity funding raised: £24.0M
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) 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. 44.01 $37.0M
Round: Series A
Description: 44.01 is a company that specializes in eliminating CO2 from the atmosphere by mineralizing it in peridotite. Founded by Ehab Tasfai, Karan Khimji, and Talal Hasan in 2020, 44.01 has now raised a total of $42.0M in total equity funding and is backed by Air Liquide, Alumni Ventures, Shorooq Partners, Breakthrough Energy Ventures, and Salica.
Investors in the round: Air Liquide, Alumni Ventures, Breakthrough Energy Ventures, Climate Investment, Climate Pledge Fund, Equinor Ventures, IDO Investments, Planet A Ventures, Salica, Shorooq Partners, Siemens Financial Services, Sumitomo
Industry: Environmental Engineering
Founders: Ehab Tasfai, Karan Khimji, Talal Hasan
Founding year: 2020
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) 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. Addionics $39.0M
Round: Series B
Description: Addionics manufactures 3D Current Collectors to enhance battery performance and production efficiency. Founded by Farid Tariq, Moshiel Biton, and Vladimir Yufit in 2018, Addionics has now raised a total of $70.5M in total equity funding and is backed by Innovate UK, Magna International, Scania, Novelis, and 8090 Industries.
Investors in the round: Deep Insight, General Motors Ventures, Scania
Industry: 3D Technology, Battery, Manufacturing
Founders: Farid Tariq, Moshiel Biton, Vladimir Yufit
Founding year: 2018
Total equity funding raised: $70.5M
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) 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. Carwow $52.0M
Round: Venture
Description: Carwow is an online car marketplace that connects customers, automotive brands and car dealers. Founded by Alexandra Margolis, David Santoro, and James Hind in 2013, Carwow has now raised a total of $181.0M in total equity funding and is backed by Mercedes-Benz Group AG, Hercules Capital, Accel, Vitruvian Partners, and Crowdcube.
Investors in the round: Accel, Balderton Capital, Bessemer Venture Partners, Episode 1, Vitruvian Partners
Industry: Automotive, Marketplace, Transaction Processing
Founders: Alexandra Margolis, David Santoro, James Hind
Founding year: 2013
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, NYC Tech, LA 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. Amity $60.0M
Round: Series C
Description: Amity powers in-app social experiences, helping developers to easily add pre-built social features to any app with a few lines of code. Founded by Francesca Gargaglia, Korawad Chearavanont, and Touchapon Kraisingkorn in 2020, Amity has now raised a total of $88.7M in total equity funding and is backed by 500 Global, East Ventures, ITOCHU Corporation, SMDV, and Insight Capital.
Investors in the round: Gobi Partners, Insight Capital, SMDV
Industry: Communications Infrastructure, Developer APIs, Messaging, Mobile Apps, Social Network, Software
Founders: Francesca Gargaglia, Korawad Chearavanont, Touchapon Kraisingkorn
Founding year: 2020
Total equity funding raised: $88.7M
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) 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. Huma $80.0M
Round: Series D
Description: Huma offers a health platform used for remote patient monitoring and biological data gathering for preventative healthcare. Founded by Dan Vahdat and Rich Khatib in 2011, Huma has now raised a total of $292.0M in total equity funding and is backed by AstraZeneca, Hitachi Ventures, Leaps by Bayer, Samsung NEXT, and DigitalHealth.London Accelerator.
Investors in the round: AstraZeneca, HAT Sicaf, Hitachi Ventures, Leaps by Bayer
Industry: Artificial Intelligence (AI), Health Care, mHealth, SaaS
Founders: Dan Vahdat, Rich Khatib
Founding year: 2011
Total equity funding raised: $292.0M
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) 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. WorldLabs $100.0M
Round: Venture
Description: WorldLabs is a digital global innovation platform that fast-tracks the development of innovative ideas Founded by Andreas Feller-Ryf and Dr. Max Lehnus in 2018, WorldLabs has now raised a total of $100.7M in total equity funding and is backed by Andreessen Horowitz and Radical Ventures.
Investors in the round: Andreessen Horowitz, Radical Ventures
Industry: FinTech, Information Technology, Internet, Mobile Apps, Software
Founders: Andreas Feller-Ryf, Dr. Max Lehnus
Founding year: 2018
Total equity funding raised: $100.7M
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) 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. Myricx Bio £90.0M
Round: Series A
Description: Myricx Bio is a biotechnology company that develops novel NMT inhibitor payloads for ADCs to treat cancer. Founded by Andrew Bell, Ed Tate, and Roberto Solari in 2019, Myricx Bio has now raised a total of £94.5M in total equity funding and is backed by Eli Lilly, Sofinnova Partners, Brandon Capital, Novo Holdings, and Abingworth.
Investors in the round: Abingworth, Brandon Capital, British Patient Capital, Cancer Research Horizons, Eli Lilly, Novo Holdings, Sofinnova Partners
Industry: Biotechnology, Life Science, Therapeutics
Founders: Andrew Bell, Ed Tate, Roberto Solari
Founding year: 2019
Total equity funding raised: £94.5M
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) 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. Flo Health $200.0M
Round: Series C
Description: Flo Health develops a women’s health app that provides access to cycle tracking, health insights, and a private community. Founded by Andrew Kovzel, Dmitry Gurski, Max Scrobov, and Yuri Gurski in 2015, Flo Health has now raised a total of $275.5M in total equity funding and is backed by Founders Fund, Target Global, Flint Capital, Mangrove Capital Partners, and General Atlantic.
Investors in the round: General Atlantic
Industry: Apps, Artificial Intelligence (AI), Health Care, Wellness, Women’s
Founders: Andrew Kovzel, Dmitry Gurski, Max Scrobov, Yuri Gurski
Founding year: 2015
Total equity funding raised: $275.5M
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) 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.
