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 1/4 featuring news fo Hazy, Deep Render, Coadjute, and much, much more.
LandVault – $37M
LandVault, a metaverse development brand, has raised $37M in venture funding from investors that include SoftBank, Animoca Brands, Kingsway Capital, Gemini Frontier Fund, The Sandbox, and HodlCo. Founded by Joe Bachle-Morris, Mohammed Alisrawi, and Samuel Huber in 2017, LandVault has now raised a total of $72.5M in reported equity funding.
Paytrix – $18.3M
Paytrix, a global payments infrastructure platform, has raised $18.3M in Series A funding from investors that include Bain Capital Ventures, Hambro Perks Ltd., Clocktower Technology Ventures, Unusual Ventures, Fin Capital, Better Tomorrow Ventures, The Fintech Fund, Motive Partners, and D4 Ventures. Founded by Aran Brown in 2020, Paytrix has now raised a total of $24M in reported equity funding.
EDITED – $15M
EDITED, a retail intelligence platform, has raised $15M in venture funding from investors that include Beringea, Delta-v Capital, Wavecrest Growth Partners, and Hermes GPE. Founded by Geoff Watts and Julia Fowler in 2019, EDITED has now raised a total of $50M in reported equity funding.
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Radix – $10M
Radix, a decentralized network where developers build quickly without threat of exploits and hacks, has raised $10M in venture funding from investors that include led by DWF Labs. Founded by Dan Hughes in 2016, Radix has now raised a total of $16M in reported equity funding.
Hazy – $9M
Hazy, a synthetic data platform that re-engineers enterprise data to make it safe and compliant, has raised $9M in Series A funding from investors that include M12 – Microsoft’s Venture Fund, Wells Fargo, Intesa Sanpaolo, UCL Technology Fund, ACT Venture Partners, Conviction VC, Neva SGR, Nationwide Building Society, Logo Ventures, Terra VC, Evenlode Investment Management Ltd, and Sarus Capital. Founded by Harry Keen and James Arthur in 2017, Hazy has now raised a total of $14.8M in reported equity funding.
Deep Render – $6.3M
Deep Render, a deep tech startup focused on image and video compression using AI, has raised $6.3M in Series A funding from investors that include led by IP Group and Pentech Ventures. Founded by Arsalan Zafar and Christian Besenbruch in 2017, Deep Render has now raised a total of $9M in reported equity funding.
Connect Earth – $5.6M
Connect Earth, an environmental data platform focused on promoting sustainable finance, has raised $5.6M in Seed funding from investors that include led by Gresham House Ventures. Founded by Nick Carmont and Alexander Lempka in 2021, Connect Earth has now raised a total of £5.95M in reported equity funding.
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Hadean – $5M
Hadean, a metaverse infrastructure platform, has raised $5M in venture funding from investors that include VU Venture Partners, Sanctor Capital, Ericsson Ventures, Metrea, and TIRTA Ventures. Founded by Aidan Hobson Sayers, Alec Mocatta, Craig Beddis, Jason Hardjosoekatmo, and Rashid Mansoor in 2015, Hadean has now raised a total of $70.6M in reported equity funding.
BioCorteX – $5M
BioCorteX, a digital therapeutics startup focused on treating neurodegenerative diseases using microorganisms, has raised $5M in Seed funding from investors that include Sofinnova Partners and Hoxton Ventures. BioCorteX was founded by Muhannad Alonari and Nik Sharma in 2021.
Finverity – $5M
Finverity, a cross-border supply chain finance platform, has raised $5M in venture funding from investors that include Founders Fund, s16vc, B&Y Venture Partners, Outward VC, and Acrobator Ventures | Acrobator.vc. Founded by Alex Fenechiu and Viacheslav Oganezov in 2017, Finverity has now raised a total of $8.4M in reported equity funding.
Coadjute – £4M
Coadjute, a blockchain network for the UK property market, has raised £4M in venture funding from investors that include Praetura Ventures and Reech Corporations Group. Founded by John Reynolds, Mark Adams, and Sanj Bulsara in 2018, Coadjute has now raised a total of £14M in reported equity funding.
The London TechWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the London business community and beyond. Learn more about advertising to London Tech, at scale.
Translucent – £2.7M
Translucent, an accounting and financial management for multinationals, has raised £2.7M in Pre-Seed funding from investors that include LocalGlobe, Craig Walker, and Gary Turner. Translucent was founded by Michael Wood in 2022.
GoJoe – £1.2M
GoJoe, a social fitness app, has raised £1.2M in Seed funding from investors that include Animoca Brands, Superbet Ventures, and Michael Carrick. GoJoe was founded by Phil Steele, Will Turner, and Constantin Predescu in 2020.
Melanin Matchmaker – £464K
Melanin Matchmaker, a dating app for Black singles, has raised £464K in venture funding from investors that include SFC Capital, Taysir Fazal, and Raymond Wilson. Founded by Dayo Israel in 2019, Melanin Matchmaker has now raised a total of £614K in reported equity funding.
