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 22/3 featuring news for Curve, TurinTech AI, and much, much more.
Curve – £37M Venture
FINTECH
DIGITAL WALLET
Curve, a global digital wallet platform that focuses on actively saving users money, has raised £37M in Venture funding led by Hanaco Venture Capital. Founded by Shachar Bialick in 2015, Curve has now raised a total of $290.8M in reported equity funding.
TurinTech AI – $15M Series A
AI
SOFTWARE
TurinTech AI, an AI-powered code optimisation platform, has raised $15M in Series A funding led by Oxford Capital and IQ Capital. Founded by Fan Wu, Leslie Kanthan, and Michail Basios in 2018, TurinTech AI has now raised a total of $20M in reported equity funding.
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ABEX – $6M Venture
FINTECH
CRYPTO
ABEX, an algorithmic execution trading platform for institutional participants in digital asset markets, has raised $6M in Venture funding led by MMC Ventures. ABEX was founded by Erkan Kaya in 2023.
M10 – $3M Venture
GAMING
BLOCKCHAIN
M10, a gaming studio focused on multiplayer games, has raised $3M in Venture funding from Blockchain Founders Fund, GSR, Big Brain Holdings, Presto Labs, Sui Foundation, and Monoceros. Founded by Lars Buttler, Martin Capel, and Maitham Mohamed in 2022, M10 has now raised a total of $6M in reported equity funding.
Merx – £1M Pre-Seed
E-COMMERCE
MESSAGING
Merx, a conversational commerce platform for messaging channels, has raised £1M in Pre-Seed funding led by VentureFriends. Merx was founded by Mohamed ElShaer and Pietro Cammerini in 2023.