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 17/6 featuring news for Apron, Yayem, Winnow, and much, much more.
Synthesia – $90M
Synthesia, the AI-powered video creation platform, has raised $90M in Series C funding led by Accel. Founded by Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, and Victor Riperbelli in 2017, Synthesia has now raised a total of $156.6M in reported equity funding.
Gensyn – £33.8M
Gensyn, a machine learning computing protocol that unites the world’s compute into a low-cost supercluster, has raised £33.8M in Series A funding led by a16z crypto. Founded by Ben Fielding and Harry Grieve in 2020, Gensyn has now raised a total of $50M in reported equity funding.
F1 Arcade – £30M
F1 Arcade, a hospitality brand offering F1-focused experiences, has raised £30M in venture funding from investors that include Liberty Media, Imbiba, Formula 1, Zak Brown, Lando Norris, and Logan Sargeant. F1 Arcade was founded by Adam Breeden in 2021.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
Winnow – $10M
Winnow, an AI-power food waste prevention platform, has raised $10M in Series C funding from investors that include ArcTern Ventures, Mustard Seed, Circularity Capital, Ingka Investments, Novax, and Bridge Nine. Founded by Kevin Duffy and Marc Zornes in 2013, Winnow has now raised a total of $41.9M in reported equity funding.
Atoa – $6.5M
Atoa, a payments platform that allows businesses to accept offline and online bank transfers, has raised $6.5M in Seed funding led by Valar Ventures. Atoa was founded by Sid Narayanan, Arun Rajkumar, and Cian O’Dowd in 2022.
Glyphic AI – $5.5M
Glyphic AI, an AI-powered sales enablement platform that analyzes customer interactions, has raised $5.5M in Pre-Seed funding led by Point72 Ventures. Glyphic AI was founded by Adam Liska and Devang Agrawal in 2022. London TechWatch broke the news in an exclusive covering the round and much more – Glyphic AI Raises $5.5M to Empower Sales Teams with Customer Interaction Data From All Channels
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
Apron – $5.5M
Apron, a payment platform for small businesses to pay suppliers, has raised $5.5M in venture funding led by Bessemer Venture Partners. Apron was founded by Bogdan Uzbekov in 2022.
BoomFi – $3.8M
BoomFi, a crypto payments processing platform, has raised $3.8M in Seed funding led by White Star Capital. BoomFi was founded by Jack Tang and Michael Si in .
Commonplace – £2.1M
Commonplace, a civic engagement infrastructure platform that allows communities to influence local planning decisions, has raised £2.1M in venture funding from investors that include Beringea, Concrete Ventures, Foundation Ventures, Grosvenor Group, Oxford Innovation, and The Conduit Connect. Founded by Andy Pols and Mike Saunders in 2013, Commonplace has now raised a total of £2.1M in reported equity funding.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
Yayem – $2M
Yayem, a global membership community for elevated experiences and professional learning opportunities, has raised $2M in Seed funding from investors that include Cleo Sham, Rob Khazzam, Kim Durand, Lyle Adams, Alon Lits, and Meg Donovan. Founded by Lindsey Elkin and Nicolas Buteau in 2020, Yayem has now raised a total of $4.9M in reported equity funding.
Axle Energy – £1.3M
Axle Energy, an automated grid balancing platform for residential use that optimizes energy use when most efficient , has raised £1.3M in Pre-Seed funding led by Picus Capital. Axle Energy was founded by Karl Bach and Archy de Berker in 2023.
Swoperz – £250K
Swoperz, a marketplace for pre-owned children’s clothing, has raised £250K in Pre-Seed funding led by Jenson Funding Partners. Swoperz was founded by Charlene Hurlock and Vicky Fuller, in 2021.
Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.
