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 3/8 featuring news for Passionfruit, Axle Energy, and much, much more.
Flo Health – $200M
Flo Health, a period tracking app with a focus on fertility, has raised $200M in Series C funding led by General Atlantic. Founded by Andrew Kovzel, Dmitry Gurski, Max Scrobov, and Yuri Gurski in 2015, Flo Health has now raised a total of $275.5M in reported equity funding.
Passionfruit – $9M
Passionfruit, a platform that connects employers to freelance talent, has raised $9M in Series A funding led by Seaya. Founded by Issah Abdul Moomin and Raffi Salama in 2021, Passionfruit has now raised a total of $14M in reported equity funding.
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Axle Energy – $9M
Axle Energy, a platform that shifts home energy use and demand to when electrical pricing is most optimal, has raised $9M in Seed funding led by Accel. Founded by Archey de Berker and Karl Bach in 2023, Axle Energy has now raised a total of $10.6M in reported equity funding.
Stairpay – £750K
Stairpay, a platform to streamline shared ownership and staircasing schemes for first time homebuyers, has raised £750K in Pre-Seed funding led by Fuel Ventures. Stairpay was founded by Floris ten Nijenhuis in 2022.