In this edition, we will cover funding rounds of SumUp, Gearset, Playter, and more. In exits, we will cover the acquisition of F-star by Sino Biopharmaceutical Group Company, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised over $1.5 billion of funding across 31 funding rounds during this week.

In a major funding event, London-based FinTech startup, SumUp, raised $623 million in a funding round led by Bain Capital with participation from Centerbridge Partners, Crestline, and BlackRock. SumUp offers an mPoS suite to merchants which includes an app and a card reader for payment acceptance. The merchant enters the order details in the app which are transferred to the card reader. The consumer enters the PIN for the payment cards and completes the transaction. Founded in 2012 by Stanford University alumni and Stanford Business School alumni, SumUp has raised over $1 billion till date.

Enterprise Infrastructure startup, Gearset, raised $55 million in a funding round led by Silversmith. Gearset provides a platform for release management of applications based on Salesforce technology. The platform's features include automation of releases, testing, scheduling automatic deployments, automated identification of pre-deployment issues, issues management, and more. Gearset's platform can integrate with multiple source code controlling platforms such as GitHub, compare and display the differences in the codes in a particular file, and allow users to select the version they want to keep in the production. Founded in 2014, Cambridge-based Gearset has raised $55 million till date.

Playter, an Enterprise Applications startup, raised $55 million in a funding round led by Adit Ventures, and Fasanara, with participation from Act Venture Capital, Fin Capital, and 1818 Venture Capital. Playter is an online recruitment financing platform for enterprises. It offers a platform on a subscription basis to fund SME recruitment agencies for the recruitment process. Founded in 2020, London-based Playter has raised around $58 million till date.

London-based InsurTech startup, Instanda, raised $45 million in a Series B funding round led by Toscafund Asset Management with participation from Dale Ventures. Instanda provides a SaaS-based software suite for the insurance industry. Its solution includes product lifecycle management, digital engagement, risk management, premiums calculation, insurance distribution, and more. Instanda also offers solutions for product development, insurance underwriting, customer acquisition, and more. Founded in 2015, Instanda has raised close to $72 million till date.

Enterprise Applications startup, CloudNC, raised $45 million in a Series B funding round led by Autodesk with participation from QVentures, Atomico, British Patient Capital, and others. CloudNC is a provider of cloud-based CNC machine controlling and optimizing solutions. CloudNC provides artificially intelligent solutions to control and optimize the performance of CNC machines automatically. It offers CAM assist - an optimal planning system, and AI-based cutting tools technologies for automating the manufacturing processes. Founded in 2015, London-based CloudNC has raised around $57 million till date.

Hokodo, an InsurTech startup, raised $40 million in a Series B funding round led by Notion with participation from Mosaic Ventures, Korelya Capital, Mundi Ventures, and others. Hokodo provides API for invoicing platforms & marketplaces. It offers customer-centric insurance and financing solutions to e-invoicing platforms, marketplaces, and cloud accounting platforms. It offers invoice protection for transactional risk management and secure freight to protect customers' goods in transit. Founded in 2018 by University of Oxford alumni, London-based Hokodo has raised close to $55 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 14 exits during the week of 26 Jun 2022.

Cambridge-based Life Sciences startup, F-star, was acquired by Sino Biopharmaceutical Group Company for $161 million. F-star is a developer of bispecific antibodies to improve cancer treatment. It is developing antibody products with a focus on immuno-oncology and inflammation. F-star's lead program is FS118, which targets immune checkpoints for treating head and neck cancer. Founded in 2006, F-star has raised close to $48 million till date from SR One, Aescap Venture, Mp-Healthcare, and others.

KnownOrigin, a Wilmslow-based FinTech startup, was acquired by eBay. KnownOrigin is an online marketplace for digital art and NFT crypto art. KnownOrigin is built on the Ethereum blockchain and enables users to discover, collect, and invest in limited edition digital artworks from various artists and creatives. Users can access the marketplace by connecting wallets such as MetaMask, WalletConnect, Fortmatic, and more. Founded in 2020 by University of Manchester alumni, KnownOrigin has raised over $4 million till date from D1 Ventures, GBV Capital, LD Capital, and others.

London-based EdTech startup, Boclips, was acquired by Achieve Partners. Boclips is a learning resource provider for teachers. Boclips provides solutions for publishers and teachers. It enables users to find, license, and use videos from producers and broadcasters for teaching. Founded in 2014 by University of Manchester alumni, Boclips has raised over $4 million till date from Nexus Group, NVM Private Equity, Nex.D, and others. 

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Zoovu, Allica Bank, Playermaker, and more. In exits, we will cover the acquisition of Sugar by Uncapped, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised over $346 million of funding across 25 funding rounds during this week.

In a major funding round event, Enterprise Application startup, Zoovu, raised $169 million in a Series C funding round led by FTV Capital. Zoovu is a provider of an AI-based contextual marketing platform for omnichannel retailers. Zoovu offers a conversation builder to define the conversation flow and logic. It can analyze the product catalog and uses the dynamic data tagging feature to transform specifications into human-friendly labels. Its AI assistants continuously learn about customer behavior through interaction and adapt engagement accordingly. Founded in 2006, London-based Zoovu has raised $200 million till date.

London-based FinTech startup, Allica Bank, raised around $67 million in a Series B funding round. Allica Bank is a digital bank for individuals and businesses. Its services include savings and current accounts, money transfers, business loans including commercial mortgage and investment loans, bill payments, finance management, and more. Allica Bank also offers a personal savings account for consumers. Founded in 2017, Allica Bank has raised $348 million till date.

Technology startup, Playermaker, raised $40 million in a funding round led by Ventura Capital with participation from MIG CAPITAL, and Pegasus Tech Ventures. Playermaker is a wearable device providing football-focused analysis. It offers on-footwear sensors that provide detection of foot and ball interactions. Its product features include technical analysis, tactical analysis, physical analysis, load analysis, video analysis, and more. Founded in 2002, London-based Playermaker has raised $50 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 10 exits during the week of 18 Jun 2022.

London-based FinTech startup, Sugar, was acquired by Uncapped. Sugar provides an online lending platform for business loans. Sugar offers advance financing of video games tax relief to gaming and app studios industries. It also offers a revenue-based financial model for its business customers to repay loans. Founded in 2019, Sugar has raised close to $2 million till date from Passion Capital, Velo Partners, and Victoria Van Lennep. 

Media & Entertainment startup, Sonantic, was acquired by Spotify. Sonantic offers AI-based text to speech solutions. Sonantic provides a platform where users can enter text and the text will be converted to speech using AI. The text can be converted to various voices and languages. Founded in 2018 by Stanford University alumni, London-based Sonantic has raised over $2 million till date from January Ventures, EQT Ventures, AME Cloud Ventures, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Multiverse, Codat, Bud, and more. In exits, we will cover the acquisition of Fixter by Renault Group, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $709 million of funding across 27 funding rounds during this week.

In a major funding round event, London-based Enterprise Applications startup, Multiverse, raised $220 million in a Series D funding round led by StepStone Group, Lightspeed Venture Partners, and General Catalyst Partners with participation from GV, Bond Vet, Audacious Euan Blair, and others. Multiverse is an online apprenticeship discovery platform. It enables non-graduates to find apprenticeship opportunities in companies. Its offerings include online training modules for subjects such as IT support, digital marketing, social media, business administration, customer service, career advice, and others. Founded in 2015 by University of Oxford alumni and University of Cambridge alumni, Multiverse has raised $414 million till date.

FinTech startup, Codat, raised $100 million in a Series C funding round led by JPMorgan with participation from Canapi Ventures, Index Ventures, PayPal, and others. Codat is a cloud-based financial analysis and forecasting solution provider for small & medium businesses. It offers a single API platform providing seamless integrations with multiple data source software including accounting, banking, and more. Codat provides services to a wide variety of clients, including banks, insurers, business leaders, and software providers. Founded in 2017 by University of Oxford alumni and University of Cambridge alumni, London-based Codat has raised $172 million till date.

London-based FinTech startup, Bud, raised $80 million in a Series B funding round from Goldman Sachs, TDR Capital, and HSBC. Bud provides an open banking API and financial data analysis solution for businesses. Bud is an account-linked expense management platform that allows users to manage finances, connect bank accounts, credit cards, and customize budgets by automatically categorizing expenses. It also provides access to various financial products such as pensions, insurance, currency exchange, investments, and more. Founded in 2015, Bud has raised $103 million till date.

Consumer startup, Let’s Do This, raised $60 million in a Series B funding round led by Craft Ventures with participation from NFX, Headline, EQT Serena, and others. It is a provider of a booking platform for multiple sports activities. It enables users to book sports events across various categories such as cycling, swimming, and running. Users can find events for their preferred sport, at the desired time and place and book a ticket or passes for the same. Founded in 2016 by University of Cambridge alumni, London-based Let’s Do This has raised around $80 million till date.

London-based Energy Tech startup, Protium, raised close to $51 million funding round from SWEN Capital Partners. Protium is a provider of green hydrogen refueling solutions. It offers Hesco - an end-to-end, sustainable hydrogen energy solution using renewable energy. Additionally, it also offers heat, transport, and development services for hydrogen generation companies. Founded in 2019, Protium has raised close to $51 million till date.

Charm Therapeutics, a Life Sciences startup, raised $50 million in a Series A funding round led by F-Prime Capital, and Orbimed with participation from Khosla Ventures, Axial Racing, General Catalyst Partners, and others. Charm Therapeutics is a developer of drug discovery technology for cancer treatment. It offers a protein-ligand co-folding technology called DragonFold AI, which is used for developing transformational drugs for the treatment of cancer and other serious diseases. Founded in 2021, London-based Charm Therapeutics has raised $50 million till date.

London-based FinTech startup, Euler, raised $32 million in a funding round led by Haun Ventures with participation from Uniswap, Jump Crypto, and Variant. Euler is a provider of non-custodial protocols for lending and borrowing crypto assets. Its features are permissionless listing, asset tiers, multi-collateral stability pools, and more. Euler also provides governance and treasury tools. Founded in 2020, Euler has raised $40 million till date.

Enterprise Infrastructure startup, CybSafe, raised $28 million in a Series B funding round led by Evolution Equity Partners with participation from Emerald Development Managers, IQ Capital, and HDI Global. Cybsafe is a provider of a cloud-based threat intelligence platform. Its platform provides regular updates based on the latest threat intelligence and alerts users. CybSafe contains interactive training modules covering topics such as phishing, social media, public WiFi, malware, data legislation, breach recovery, and more. Founded in 2015, London-based CybSafe has raised over $40 million till date.

Papercup, an Enterprise Applications startup, raised $20 million in a Series A funding round led by Octopus Ventures with participation from Sky, LocalGlobe, Sands Capital, and others. Papercup is an AI-enabled online video translation platform. Papercup translates the voice track of videos into other languages and allows users to upload videos, translate, and save them. Founded in 2015, London-based Papercup has raised close to $31 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 16 exits during the week of 12 Jun 2022.

London-based Auto Tech startup, Fixter, was acquired by Renault Group. Fixter is an online marketplace offering car maintenance services. Its platform provides users with instant quotes from its list of certified local garages. Its users can book the services online & a trained driver collects the car from home or work at the user's convenience. Founded in 2016, Fixter has raised over $17 million till date from Kamet, Stephane Guinet, Michael Niddam, and others. 

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Florence, Kroo, Colorifix, and more. In exits, we will cover the acquisition of Codeplay by Intel, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised over $118 million of funding across 12 funding rounds during this week.

In a major funding round event, HealthTech startup, Florence, raised $35 million in a Series B funding round led by AXA Venture Partners with participation from SEEK, and Root Capital. Florence is an online platform for on-demand recruitment of healthcare professionals. The professionals can apply for both short-term and long-term services like temporary nursing shifts based on their convenience. Florence's platform provides feedback on previous engagements for assistance with decision-making. Founded in 2016 by University of Edinburgh alumni, London-based Florence has raised $50 million till date.

London-based FinTech startup, Kroo, raised close to $33 million in a Series B funding round. Kroo is a digital bank for individuals. Kroo offers services such as deposit accounts, cash withdrawals, NFC-enabled debit cards, money-splitting, an expense tracker, and more. It offers real-time notifications of transactions. Founded in 2016, Kroo has raised over $70 million till date.

Chemicals and Materials startup, Colorifix, raised over $22 million in a Series B funding round led by H&M Group with participation from PDS Multinational, SAGANA, Regeneration VC, and others. Colorifix is a provider of microbial-based textile dyeing solutions. Colorifix identifies living organisms that produce specific colored pigments and the genes responsible for their production. Colorifix then creates recombinant DNA incorporating these pigment-producing genes and transfers them into host microbes that multiply and produce the required pigment in bulk. Colorifix's dyes and pigments are then used to colour synthetic and natural textile fibers, avoiding the need for harsh chemicals. Founded in 2016, Norwich-based Colorifix has raised over $25 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 12 exits during the week of 05 Jun 2022.

Edinburgh-based Semiconductors startup, Codeplay, was acquired by Intel. Codeplay provides high-performance compilers and software optimization for multicore processors. Codeplay's offerings include compilers for GPUs, parallel systems, and multi-core processors. Codeplay also develops bespoke C, C++ compilers for specialized processor architectures and mobile media processors. Additionally, Codeplay provides services for its customers by developing compilers, debuggers, and profilers. Founded in 2002 by University of Cambridge alumni, Codeplay has raised close to $3 million till date from Foresight Williams. 

Enterprise Applications startup, Crisp Thinking, was acquired by Kroll. Crisp Thinking is a platform offering reputation management and risk intelligence solutions. Crisp Thinking's real-time risk intelligence solutions protect brands, assets, and people from reputational damage, security threats, and online harm. Crisp Thinking's AI technology has been trained to discover and track the risk signals embedded within digital chatter to provide risk intelligence solutions. Founded in 2005, Leeds-based Crisp Thinking has raised over $31 million till date from Baird Capital, Tech Nation, Colin Brumpton, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Creditspring, uMotif, Urban Jungle, and more. In exits, we will cover the acquisition of Ai London by Lumera, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised close to $215 million of funding across 33 funding rounds during this week.

In a major funding round event, London-based FinTech startup, Creditspring, raised $60 million in a Series A funding round. Creditspring is a platform for personal loans. Creditspring offers a product to improve its customers' financial well-being and present them with an alternative to overpriced loans. Creditspring has applied to the FCA for permission to grant consumer credit. Founded in 2016 by University of Oxford alumni, Creditspring has raised $79 million till date.

HealthTech startup, uMotif, raised over $25 million in a Series B funding round led by Athyrium Capital Management with participation from LP. uMotif is a cloud-based application for patient engagement and care coordination. uMotif offers a SaaS application that allows patients to track their own health and progress using a mobile app. uMotif quantifies a patient's activity between visits through self-reporting and provides reminders and alerts for adherence. Founded in 2012, London-based uMotif has raised over $35 million till date.

Urban Jungle, an InsurTech startup, raised over $20 million in a Series A funding round led by Intact Ventures with participation from Ingka, Eka Ventures, and Rob Devey. Urban Jungle is a home content insurance platform for renting and sharing economies. Urban Jungle provides cover against flood, fire, storm damage, theft, vandalism, and accidental damage. Founded in 2016 by an ex-Facebook employee, London-based Urban Jungle has raised over $41 million till date.

London-based Real Estate and Construction Tech startup, Converge, raised close to $19 million in a Series A funding round from OGCI. Converge provides connected sensor networks for monitoring construction projects. Converge uses a combination of hardware sensors, AI, and cloud software that helps in improving visibility and reducing cost. Founded in 2014 by University of Cambridge alumni, Converge has raised close to $19 million till date.

Life Sciences startup, Nature Metrics, raised $15 million in a Series B funding round led by 2150 with participation from SYSTEMIQ, BNP Paribas, Ananda Impact Ventures, and others. Nature Metrics is a developer of molecular methods for biodiversity assessment. The company offers solutions for environmental management by providing GCN eDNA service for water, metabarcoding that generates diverse data for entire communities using genomics, and metagenomics studies. Founded in 2014, Egham-based Nature Metrics has raised over $27 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 7 exits during the week of 29 May 2022.

London-based FinTech startup, Ai London, was acquired by Lumera. Ai London is a provider of wealth management solutions. The company builds and manages CRM, PAS, and data analytics solutions. Ai London offers solutions such as Ai-CRM for customer relationship and risk management, Ai-PAS for insurers to optimize business outcomes, and Ai-BDA which uses artificial intelligence, Blockchain, external data sources, and investment systems to build and test engagement type products. Ai London was founded in 2014.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Thought Machine, Modulr Finance, Buildots, and more. In exits, we will cover the acquisition of Qmee by Kantar, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $489 million of funding across 27 funding rounds during this week.

In a major funding round event, London-based FinTech startup, Thought Machine, raised $160 million in a Series D funding round led by Temasek with participation from ING, JPMorgan Chase, MorganStanly, and others. Thought Machine achieved unicorn status in the year 2021 when it raised $200 million from Nyca, JPMorgan, and others. Thought Machine is a provider of cloud-based core banking solutions. Thought Machine provides an API-based solution for bank functions including the design and implementation of digital banking products such as loans, credit cards and mortgages, vaults, and more. Founded in 2014 by University of Edinburgh alumni, Thought Machine has raised $572 million till date.

London-based FinTech startup, Modulr Finance, raised $108 million in a Series C funding round led by General Atlantic with participation from Blenheim Chalcot, Highland Europe, PayPal, and others. Modulr Finance provides API payments infrastructure solutions to embed payment services into the business's software. Businesses can open unlimited accounts, with sort codes or Euro IBANs. Modulr Finance's platform enables users to segregate paid-in funds by debtor or payment type, to make reconciliation faster and less manual. Founded in 2015 by University of Oxford alumni, Modulr Finance has raised $188 million till date.

Real Estate and Construction Tech startup, Buildots, raised $60 million in a Series C funding round led by Viola Group, and O.G. Tech with participation from Future Energy Ventures Management, TLV Partners, and Lightspeed Venture Partners. Buildots is an AI-enabled construction process management platform. The platform features include project tracking, subcontractors management, automated work logs, payments management, scheduling, defect management, and more. Buildots leverages AI and computer algorithms to track activities on construction sites. Founded in 2018, London-based Buildots has raised $106 million till date.

Energi, a Blockchain Technology startup, raised $50 million in a Series C funding round led by Gem Digital. Energi is a provider of blockchain-based networks for security and yield farming. Energi offers a dozen farming pools that offer high-yield returns. Users can receive rewards and fee discounts by inviting their friends to trade on DEX. Energi enables users to trade, buy, and store non-fungible tokens. Founded in 2017, Energi has raised $50 million till date.

Life Sciences startup, Vivasure, raised close to $23 million in a Series D funding round from Evonik Venture Capital, Orchestra BioMed, Life Sciences Partners, and others. Vivasure has developed a patented bioabsorbable implant technology and delivery systems. The company has developed a patch-based large-bore percutaneous closure implant using the PerQseal technology. Its implant is CE marked as a fully absorbable implant and percutaneous delivery system for the closure of large arteriotomies in transcatheter procedures. Founded in 2009, Vivasure has raised over $48 million till date.

London-based E-commerce startup, Bike Club, raised close to $21 million in a Series B funding round from Circularity Capital. Bike Club is an online platform offering subscription-based bicycles for kids. The product catalog includes bicycles and accessories like helmets, lights, tools, and more. Bike Club enables users to exchange the bike after a certain period. Founded in 2016, Bike Club has raised around $28 million till date. 

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 5 exits during the week of 22 May 2022.

London-based E-commerce startup, Qmee, was acquired by Kantar. Qmee is an app-based online platform offering rewards. Qmee enables users to earn cashback & rewards by answering the survey questions. Users can also earn by sharing deals with their friends. Some of the websites associated with the company are Amazon, Flipkart, eBay, and more. Founded in 2012 by the University of Cambridge alumni, Qmee has raised over $4 million till date.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Paddle, Token, BVNK, and more. In exits, we will cover the acquisition of Blue Sky Network by ACR Group, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised close to $395 million of funding across 25 funding rounds during this week.

In a major funding round event, FinTech startup, Paddle, raised $200 million in a Series D funding round led by KKR with participation from Kindred Capital, Notion, 83North, and others. Paddle provides SaaS-based payment routing solutions for merchants. Paddle offers a checkout service on the merchants' website to enable customers to pay with multiple payment options. Paddle provides solutions for recurring payments, revenue delivery, data compliance, and more. Founded in 2012, Paddle has raised $293 million till date.

FinTech startup, Token, raised $40 million in a Series C funding round led by Cota Capital and TempoCap with participation from PostFinance, Element Ventures, SBI Mutual Fund, and others. Token provides open banking solutions. Token offers an operating system allowing banks and developers to develop open banking applications. It offers TokenOS - which allows payment service providers and merchants to access direct payments and account information. Founded in 2015 by Massachusetts Institute of Technology alumni, London-based Token has raised around $90 million till date.

London-based FinTech startup, BVNK, raised $40 million in a Series A funding round led by Tiger Global Management with participation from The Raba Partnership, Avenir Growth Capital, Concentric, and others. BVNK is a provider of crypto-based treasury and payment solutions for businesses and partners. The platform integrates crypto and fiat banking with payments, trading, custody, and yield into users' accounts. Additionally, it offers cross-border payment solutions. Founded in 2019, BVNK has raised $40 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 5 exits during the week of 15 May 2022.

Newport-based Transportation and Logistics Tech startup, Blue Sky Network, was acquired by ACR Group. Blue Sky Network provides GSM and iridium-based fleet management and satellite tracking solutions. The company offers solutions for aviation, land, and marine industries. Its features include fleet management, safety, asset tracking, flight tracking, flight following, personnel tracking, logistics or business process improvements, supply chain management, and more. Founded in 2001, Blue Sky Network has raised $1 million till date from Aspect Investors, Bradford Brown Capital Partners, Iron Creek Partners, and others. 

E-commerce startup, Trouva, was acquired by MADE. Trouva is an online retailer of multi-category fashion products. The product catalog includes clothing, footwear, fashion accessories for men, women, and kids. Trouva also offers lifestyle products, home care, garden supplies, and more. Founded in 2013 by University of Cambridge alumni, London-based Trouva has raised over $40 million till date from LocalGlobe, Pillion Capital, Index Ventures, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of VitroLabs, SLAMcore, Decrypt, and more. In exits, we will cover the acquisition of Ocean Outdoor by Atairos among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised close to $85 million of funding across 13 funding rounds during this week.

London-based E-commerce startup, VitroLabs, raised $46 million in a Series A funding round led by Agronomics with participation from Khosla Ventures, Bestseller, Kering, and others. VitroLabs is a provider of artificial, lab-grown leather materials. VitroLabs develops alternative leather by conducting a biopsy of animal cells in a simulated environment. It uses seeded cells and nutrients to develop an animal hide, which then undergoes the tanning process. Founded in 2016, VitroLabs has raised $55 million till date.

Enterprise Applications startup, SLAMcore, raised $16 million in a Series A funding round led by ROBO Global, and Presidio Ventures with participation from Amadeus Capital, IP Group, MMC Ventures, and others. SLAMcore is a provider of localization and mapping algorithms for multiple applications. SLAMcore offers algorithms for AR/VR systems, mobile robotics, drones, and autonomous vehicles. The company uses sensor fusion and artificial intelligence technology for devices that need spatial awareness. Founded in 2016, London-based SLAMcore has raised $26 million till date.

Decrypt, a Media & Entertainment startup, raised $10 million in a Series A funding round led by ConsenSys Mesh with participation from Hack VC, Protocol Labs, HoneyDAO, and others. Decrypt is an online platform offering multi-category news. Decrypt offers news and information on multiple topics such as technology, cryptocurrency & blockchain, politics, art & culture, education, reviews, and more. Founded in 2012, London-based Decrypt has raised $10 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 5 exits during the week of 08 May 2022.

London-based Enterprise Applications startup, Ocean Outdoor, was acquired by Atairos for $580 million. Ocean Outdoor is a digital OOH network for large-format digital billboards, landmarks, and premium banner locations. Ocean Outdoor provides various OOH advertising options and integrates with different technologies such as Wi-Fi, live data feed, live video stream, scoreboard, and more. Founded in 2007, Ocean Outdoor has raised over $11 million till date from Searchlight Capital, LDC, and Smedvig Capital. 

Enterprise Applications startup, TranslateMedia, was acquired by Toppan Leefung. TranslateMedia is a provider of professional translation, localization, and transcreation services. It uses its proprietary tools and an online translation management system that allows the user to upload files for obtaining an instant quote based on the word count. TranslateMedia also uses a machine translation system based on neural networks. London-based TranslateMedia was founded in 2004.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Starling Bank, OMass Therapeutics, Argent, and more. In exits, we will cover the acquisition of Zeelo by Swvl and the IPO by Benevolent, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised close to $416 million of funding across 20 funding rounds during this week.

In a major funding round event, London-based FinTech startup, Starling Bank, raised over $166 million in a Series D funding round led by Goldman Sachs with participation from Qatar Investment Authority, Railpen, Fidelity Investments, and others. Starling Bank achieved unicorn status on 8th March 2021 when it raised $376 million from Fidelity Investments, RPMI Railpen, Qatar Investment Authority, and others. Starling Bank is a digital bank for consumers and businesses. Its services include deposit accounts, money transfers, consumer and business loans, prepaid and corporate cards for online or offline purchases, bill payments, and more. Founded in 2014 by the University of Cambridge alumni, Starling Bank has raised around $1 billion till date.

Life Sciences startup, OMass Therapeutics, raised $100 million in a Series B funding round led by GV, NorthPond Ventures, and Sanofi Ventures, with participation from the University of Oxford, Syncona, and Oxford Science Enterprises. OMass Therapeutics is a developer of mass spectrometry-based protein assembly analysis solutions. OMass Therapeutics detects drug leads that bind to the target complex and also exert a functional effect through modulation of complex formation. Founded in 2016, Oxford-based OMass Therapeutics has raised $154 million till date.

London-based FinTech startup, Argent, raised $40 million in a Series B funding round led by Fabric Ventures, and Metaplanet, with participation from Animocabrands, Creandum, Index Ventures, and others. Argent is a provider of mobile wallets for cryptocurrency and non-fungible tokens. Its features include readable address names, biometric authentication, integrated decentralized exchange of tokens, daily limit tracker, and money transfer. Founded in 2017 by an ex-Amazon employee, Argent has raised $56 million till date.

Rooser, an Online Grocery startup, raised close to $25 million in a Series A funding round led by Index Ventures with participation from GV, Point Nine, Dylan Field, and others. Rooser is an online platform that connects seafood buyers and suppliers. The platform provides suppliers with tools to trade efficiently, negotiate prices, and process deliveries. Founded in 2019 by the University of Chicago Booth School of Business alumni, Edinburgh-based Rooser has raised close to $28 million till date.

FinTech startup, Outfund, raised $20 million in a Series A funding round led by Force Over Mass Capital with participation from PostFinance, 1818 Venture Capital, and Tribe Capital. Outfund is an alternative investment platform focused on venture capital funds and bank loans. Outfund enables users to invest in e-commerce, SaaS companies, retail companies, and more. It also provides loans to businesses for working capital or inventory. Founded in 2020, London-based Outfund has raised $20 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 9 exits during the week of 01 May 2022.

London-based Auto Tech startup, Zeelo, was acquired by Swvl for $100 million. Zeelo offers an internet first autonomous coach ride-sharing platform. Zeelo facilitates direct coach travel by intelligently pooling travelers together and matching them with a flexible supply network of buses or executive coaches. Founded in 2016, Zeelo has raised around $21 million till date from InMotion Ventures, Mobility Ventures, ETF Partners, and others.

Consumer Services startup, Laundrapp, was acquired by Laundryheap. Laundrapp is an online-based dry cleaning services provider. The platform offers on-demand laundry, ironing, and dry cleaning services, with free doorstep delivery and collection of the clothes. Founded in 2014, London-based Laundrapp has raised over $16 million till date from Timezone Ventures, Hambro Perks, Atami Capital, and others.

In another major development this week, Benevolent, a London-based HealthTech startup, went public. The IPO pegs the valuation of the company at nearly $2 billion. Benevolent is a provider of an AI-based platform for drug discovery and development. The platform provides machine-curated relationships and proprietary insights on diseases, machine learning models for target identification, and identification of patient genotypes for precision medicine. Benevolent was founded in 2013 and has raised close to $282 million across several funding rounds. Major investors who backed the company in its early stages include enterprises like Temasek, Woodford Investment Management, and Tech Nation.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Pollen, Gravity Sketch Limited, TestCard, and more. In exits, we will cover the acquisition of Ziglu by Robinhood among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised over $212 million of funding across 20 funding rounds during this week.

In a major funding round, London-based Media & Entertainment startup, Pollen, raised $150 million in a Series C funding round from Lansdowne Partners, Backed, Sienna, and others. Pollen is an online marketplace provider for local events. It enables users to view and book events such as travel, festivals, and nightlife experiences. Pollen includes features like membership-based payments, member support, a ticketing platform, and more. Founded in 2010, Pollen has raised $212 million till date.

Technology startup, Gravity Sketch Limited, raised $33 million in a Series A funding round led by Accel with participation from Forward Partners, GV, Kindred Capital, and others. Gravity Sketch Limited is a provider of a 3D sketching tool for VR applications. The platform comprises a pen and pad specifically designed for sketching in real space through the use of augmented reality glasses and visualizing the product in real-time. The pen and the pad give the physical interaction of drawing in the digital world and by adjusting the plane the user can give volume to the sketch. The virtual model can be printed using a 3D printer. Founded in 2014, London-based Gravity Sketch Limited has raised $40 million till date.

London-based HealthTech startup, TestCard, raised $10 million in a Series B funding round. TestCard is a provider of app-based self-diagnostic urine test kits for testing at home. The prototype diagnostic urinalysis kit is embedded into a postcard with a pop-out urine test panel. The cards come in a pouch that contains the urine test kits to test glucose levels, malaria, and urinary tract infection. TestCard's platform will analyze the test panel and provide a diagnosis of urinary tract infections, glucose levels, sexually transmitted infections, and pregnancy testing results instantly that can be viewed by the users. Founded in 2016, TestCard has raised around $18 million till date.

FinTech startup, Ellis, raised over $5 million in a Seed funding round led by Kindred Ventures with participation from Castle Island, Dreamers, The Twenty Minute, and others. Ellis is a digital bank for international students. Its services include digital accounts, prepaid cards for international purchases, bill payments, money transfers, and more. Its features include co-signing services, social security cards, student visas, tax returns, and more. Founded in 2021, London-based Ellis has raised over $5 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 6 exits during the week of 24 Apr 2022.

FinTech startup, Ziglu, was acquired by Robinhood. Ziglu is an internet-first bank focused on cryptocurrencies. Its account allows consumers to hold traditional, foreign, and digital currencies in a single account. Additionally, users can buy and sell cryptocurrencies. Founded in 2018 by University of Cambridge alumni and University of Warwick alumni, London-based Ziglu has raised over $28 million till date from Angel Investment Network, Eterna Capital, Love Capital, and others. 

London-based Enterprise Applications startup, Calipsa, was acquired by Motorola Solutions. Calipsa is a cloud-based video analytics solutions provider. Calipsa uses deep learning technology to visually inspect, detect and filter out false alarms through its platform. It provides analytics, and also detects and prevents crime. Calipsa was founded in 2016.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Blend Network, IMMO, Wagestream, and more. In exits, we will cover the acquisition of Bibblio by EX.CO among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised over $392 million of funding across 14 funding rounds during this week.

In a major funding round event, London-based FinTech startup, Blend Network, raised over $156 million in a Series B funding round led by Cyrus Ardalan, Nico Paraskevas, and Jean-Philippe Blochet. Blend Network is a P2P marketplace for commercial mortgage loans. Borrowers can avail of financing options by providing collateral assets as security. Blend Network connects borrowers with multiple individual and institutional investors. Users must add the required details and apply for the loan. Once approved, the funds are transferred to the registered bank account. Founded in 2016 by an ex-Morgan Stanley employee, Blend Network has raised $183 million till date.

London-based FinTech startup, IMMO, raised $75 million in a Series B funding round led by Oak HC/FT with participation from Moore Capital Management, Talis Capital, and FinTech Collective. IMMO is a real estate investment platform for residential properties. The platform leverages machine learning technology and allows investors to source, monetize, and manage single-family properties in a dispersed portfolio. Founded in 2017, IMMO has raised over $91 million till date.

FinTech startup, Wagestream, raised $60 million in a Series C funding round led by BlackRock. Wagestream is an employer-enabled savings and investment platform. Wagestream allows businesses to assist employees and set aside funds as savings, provide access tools for developing financial plans and goals, manage budget expenses & spending details, and provide resources for new users. It provides an app-based platform that can be accessed on iOS and Android devices. Founded in 2018, London-based Wagestream has raised $122 million till date.

Stenn, a FinTech startup, raised $50 million in a PE funding round led by Centerbridge Partners. Stenn provides an online platform for invoice financing. Stenn advances funds to the supplier at the time of shipment while the buyer receives longer payment terms. Businesses can upload the invoices & register via the platform. Funds are transferred to the user's registered bank account. Founded in 2003, London-based Stenn has raised $50 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 4 exits during the week of 17 Apr 2022.

London-based EdTech startup, Bibblio, was acquired by EX.CO. Bibblio provides a recommendation as a service API plugin for publishers, ed-tech platforms, institutions, and archives for letting users discover content. Bibblio automatically analyses each item in the catalog, maps their connections, and suggests the best-related content for each. Bibblio's enrichment engine matches similar data together by a smart algorithm that picks up different presentation styles of the same data type. Founded in 2013, Bibblio has raised close to $5 million till date from Neon, Invictus Capital Partners, Emerge Education, and others.

Auto Tech startup, FiveAI, was acquired by Bosch. Five AI provides a complete software stack for autonomous vehicles. They are creating an autonomous driver system that would not require high precision and high detail navigation 3D maps. Five AI are planning to achieve this by using a combination of sensors, deep learning-based computer vision systems, and motion planning systems to enable the car to drive autonomously. Founded in 2015 by University of Cambridge alumni and University of Warwick alumni, Bristol-based FiveAI has raised $77 million till date from Direct Line Group, Amadeus Capital, Sistema Venture Capital, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

Welcome back to United Kingdom Tech Weekly Deals Roundup, a weekly podcast by Tracxn for key startup deals in the United Kingdom from last week. 

In this edition, we will cover funding rounds of Improbable, Fidel, Moneybox, and more. In exits, we will cover the acquisition of The Filter by Aferian, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised $367 million of funding across 20 funding rounds during this week.

In a major funding round event, Gaming Tech startup, Improbable, raised $150 million in a funding round led by SoftBank and Andreessen Horowitz with participation from CMT Association, CMT Digital, SIG, and others. Improbable achieved unicorn status on 28 April 2017 when it raised $658 million from SoftBank. Improbable provides distributed simulation software for video games and corporate sectors. Improbable has developed SpatialOS, a cloud-based computing platform that enables game developers to create, run, and operate online games. Improbable allows developers to write code using any simulation software and distribute their code across multiple machines. Founded in 2012 by University of Cambridge alumni, London-based Improbable has raised $977 million till date. 

In another major funding round event, FinTech startup, Fidel, raised $65 million in a Series B funding round led by Bain Capital Ventures with participation from QED Investors, Nyca, Citi Ventures, and others. Fidel is a provider of open banking APIs for transactional data aggregation. Fidel enables developers to build event-driven experiences on top of payment cards using its API. Fidel also allows users to build transactional data such as amount, geolocation, precise time and merchant IDs from major card networks. Founded in 2018, London-based Fidel has raised $88 million till date. 

London-based FinTech startup, Moneybox, raised close to $46 million in a Series D funding round led by Fidelity Investments and Polar Capital. Moneybox is an app-based micro-investment platform. Moneybox allows users to save and invest on an ongoing basis, as well as link their cards to the app, which then rounds up the expenses and invests the change in various stocks. Founded in 2015, Moneybox has raised close to $125 million till date.

Carmoola, a FinTech startup, raised over $35 million in a Seed funding round from Clocktower Technology Ventures, Blenheim Chalcot, InMotion Ventures, and others. Carmoola is an online marketplace for auto loans. Carmoola enables users to calculate car loans and interest rates using the online calculator feature in the app. Carmoola also provides digital cards for making payments. Founded in 2021, Carmoola has raised over $35 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 15 exits during the week of 10 Apr 2022.

Bath-based E-commerce startup, The Filter, was acquired by Aferian for $2 million. The Filter is a recommendation platform for digital and retail businesses. The Filter offers personalisation and insight services, as well as customised recommendations based on relevant content for customer engagement. Founded in 2004, The Filter has raised around $6 million till date from Eden Ventures.

In another acquisition event, London-based Life Sciences startup, ReViral, was acquired by Pfizer. ReViral is a developer of antiviral compounds for RSV. ReViral has developed RV521, an antiviral therapy for Respiratory Syncytial Virus, which is an infection that often leads to asthma, COPD, and pneumonia. Founded in 2011, ReViral has raised $121 million till date from Andera Partners, Perceptive Advisors, BracePhrma, and others.

HealthTech startup, My Meds & Me, was acquired by Drug Safety and Pharmacovigilance Services Solutions. My Meds & Me provides adverse event and product quality capture solutions for life sciences. My Meds & Me enables access to standardized AE data which can be used to understand any potential emerging safety or quality issues. Founded in 2012, London-based My Meds & Me has raised around $3 million till date from Albion Capital Group.

Egress, a London-based Enterprise Infrastructure startup, was acquired by FPE Capital. Egress is a provider of cloud-based email and data security solutions. Egress eliminates email risks, including zero-day phishing exploits and business email compromise. Egress also uses machine learning to stop email security breaches, and analyzes message content, recipients, and domains in real-time to understand user behaviour, spot anomalies, and remove the risk of a costly breach. Founded in 2007, Egress has raised close to $69 million till date from Albion Capital Group and FTV capital.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Deepki, Builder, Goodlord, and more. In exits, we will cover the acquisition of Acacia Pharma by Eagle Pharmaceuticals among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised over $486 million of funding across 28 funding rounds during this week.

In a major funding round event, Energy Tech startup, Deepki, raised close to $166 million in a Series C funding round led by One Peak Partners and Highland Europe with participation from Revaia, Bpifrance, Hi Inov, and others. Deepki is a provider of web-based solutions for energy monitoring of buildings. The company collects data from customers and provides a customized dashboard and analysis solution with appropriate action plans for energy improvement measures. Founded in 2014, London-based Deepki has raised $177 million till date.

London-based Enterprise Infrastructure startup, Builder, raised $100 million in a Series C funding round led by Insight Partners with participation from International Finance Corporation, WndrCo, and Jungle Ventures. Builder is a provider of an AI-based low code development platform. The products offered by the company are BuilderStudio, BuilderCare, and BuilderCloud. Builder provides a solution to develop software without coding using a drag and drop feature. Builder's product features include migration, customization, cloud wallets, and more. Founded in 2013, Builder has raised $195 million till date.

Real Estate and Construction Tech startup, Goodlord, raised over $35 million in a Series B funding round led by Highland Europe, Columbia Lake Partners, and Latitude with participation from Oxx, and Finch Capital. Goodlord is a cloud-based software platform enabling real estate landlords to manage their rental properties. The platform enables agencies, landlords, and tenants to manage rental processes and tenancy transactions electronically to minimize costs. Goodlord allows tenants to sign for a property using e-signature, make monthly rent payments, and brand their products online. Founded in 2014 by University of Oxford alumni, London-based Goodlord has raised close to $70 million till date.

nDreams, a Gaming Tech startup, raised $35 million in a Series B funding round from Mercia. nDreams is a developer of Indie VR games. nDreams develops VR-based entertainment content and provides game development services for other companies. Some of the VR games developed by nDreams are Little Cities, Fracked, Far Cry VR, and more. Founded in 2006, nDreams has raised around $47 million till date.

London-based FinTech startup, Yonder, raised over $26 million in a Seed funding round led by LocalGlobe  and Northzone with participation from Seedcamp, Oliver Kent-Braham, Matt Robinson, and others. Yonder is a provider of rewards-based credit cards for individuals. Users can earn points for every dollar spent using the card. Yonder also displays handpicked experiences which are updated every month along with payment tracking and other functionalities. Founded in 2020, Yonder has raised over $27 million till date.

Enterprise Applications startup, Sourceful, raised $20 million in a Series A funding round led by Index Ventures with participation from Coatue, and Eka Ventures. Sourceful is a provider of a web-based sustainable sourcing platform. The platform helps businesses to customize their sustainable products, track carbon footprints, and make designs with real-time data. Sourceful also provides carbon offset and sustainability reports to upgrade sourcing and auto stocks. Founded in 2020 by University of Cambridge alumni, London-based Sourceful has raised close to $32 million till date.

Vaarst, an Enterprise Applications startup, raised $20 million in a Series B funding round led by Legal & General with participation from Equinor, Foresight Group, and In-Q-Tel. Vaarst is a provider of AI-based analytics solutions for marine robotics. Vaarst's cloud-based platform uses computer vision technology to capture 3D point clouds, store, manage, and analyze data. Vaarst's product features include 3D live streaming and geo-referencing. Founded in 2015, Bristol-based Vaarst has raised $20 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 14 exits during the week of 03 Apr 2022.

Cambridge-based Life Sciences startup, Acacia Pharma was acquired by Eagle Pharmaceuticals. Acacia Pharma is a developer of therapeutic solutions for cancer treatment. Acacia Pharma offers injectable and oral drugs for the treatment of cancer symptoms like fatigue, nausea, and vomiting. The company also offers APD403 - chemotherapy for the treatment of cancer. Founded in 2006 by University of Nottingham alumni, Acacia Pharma has raised over $33 million till date from Hercules Capital, F-Prime Capital, Eight Roads Ventures, and others.

London-based FinTech startup, Azimo was acquired by Papaya Global. Azimo is a banking channel for cross-border money transfers. Azimo allows users to access current pricing lists, track transactions, and transfer funds through debit and credit cards. Azimo gives users the option to donate a portion of the money they transfer to charities working in developing countries. Founded in 2012, Azimo has raised close to $69 million till date from Silicon Valley Bank, Rakuten Capital, Frog Capital, and others.

Real Estate and Construction Tech startup, Howsy was acquired by Dexters. Howsy is a provider of SaaS-driven rental management platforms for owners and property managers. Howsy enables landlords to market the property on various listing portals. The platform offers features such as listing on MLS, credit checks, rent collection, insured contracts, compliance reminders, repair management, and others. Founded in 2016, London-based Howsy has raised around $10 million till date from PPE CAPITAL, Skybound Capital, Richard George, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Fetch.ai, Huma, Skyports, and more. In exits, we will cover the acquisition of Credit Kudos by Apple among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised close to $331 million of funding across 29 funding rounds during this week.

In a major funding round event, Cambridge-based Enterprise Applications startup, Fetch.ai, raised $150 million in a Series A funding round led by MEXC Global with participation from Bybit and Huobi. Fetch.ai is a blockchain-based application development platform. Fetch.ai provides an open access-based, tokenized, and decentralized machine learning network to deliver a self-organizing framework for transactions. The system consists of autonomous digital agents that can transact independently of human intervention and can represent people, machines, or themselves. Fetch.ai allows users to buy and sell digital assets autonomously with contracts, payments, and execution. Founded in 2017 by University of Cambridge alumni, Fetch.ai has raised close to $172 million till date.

HealthTech startup, Huma, raised $33 million in a Series C funding round led by AstraZeneca. Huma is a developer of an app suite for patients and doctors. The product offerings are Medopad - a remote patient monitoring app, and Biobeats - an app and wearable device that measures health data such as heart rate variability, sleep patterns, activity, and mood that are collected in real-time for employees. Huma provides continuous blood pressure monitoring without a cuff. Founded in 2011by University of Oxford alumni, London-based Huma has raised $190 million till date.

London-based Auto Tech startup, Skyports, raised $23 million in a Series B funding round from SolarVentus, Irelandia Aviation, Greenpoint Ventures, and others. Skyports is a provider of solutions for operating vertiports and drone delivery management. It provides software for managing airport passengers and cargo, as well as end-to-end drone delivery management solutions for medical, e-commerce, and logistics companies. Founded in 2017 by Harvard Business School alumni and University of Oxford alumni, Skyports has raised $38 million till date.

Shufti Pro, a FinTech startup, raised $20 million in a Series A funding round led by Updata. Shufti Pro is a provider of KYC and AML solutions for businesses. Shufti Pro features machine learning-based solutions for face identification and the verification of addresses, documents, handwritten notes, customers and investors, and more. It offers integration with Android and iOS devices, APIs, and hosted KYC. Founded in 2017, London-based Shufti Pro has raised $20 million till date.

FinTech startup, Causal, raised $20 million in a Series A funding round led by Coatue and Accel with participation from Jeremy Stoppelman, Sam Bankman Fried, Akshay Kothari, and others. Causal offers cloud-based financial planning and predictive analytics solutions for businesses. Causal includes features such as financial planning and reporting, budget tracking, financial modeling and forecasting, data visualization, simulation, ROI calculation, sensitive analysis, performance marketing, and more. Founded in 2019 by University of Oxford alumni, Causal has raised over $25 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 10 exits during the week of 27 Mar 2022.

London-based FinTech startup, Credit Kudos, was acquired by Apple for over $150 million. Credit Kudos offers open banking API solutions to check credit scores for individuals and businesses. Credit Kudos offers features such as income verification, affordability and risk insights, fraud prevention, customer management, and more. Credit Kudos aggregates and interprets transaction data to be used by lenders, brokers, and financial institutions. Founded in 2015, Credit Kudos has raised close to $13 million till date from NFT Ventures, Ascension, Christian Edouard Faes, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Getir, Amplience, Perlego, and more. In exits, we will cover the acquisition of Phrasee by Capital D, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised over $973 million of funding across 14 funding rounds during this week.

London-based Online Grocery startup, Getir, raised $768 million in a Series E funding round led by Mubadala with participation from ADG, Alpha Wave Global, Sequoia Capital, and others. Getir achieved unicorn status on 27th March 2021when it raised $300 million from Sequoia Capital and Tiger Global Management. Getir is an online platform offering multi-category grocery supplies. Getir offers fruits and vegetables, dairy products, snacks and sweets, bakery products, and more. The application features include deal and promotion management, order tracking, and more. Founded in 2018, Getir has raised around $1.8 billion till date.

In a major funding round event, an E-Commerce startup, Amplience, raised $100 million in a Series D funding round from Farview Equity Partners, Octopus Ventures, and Sixth Street. Amplience is a cloud-based platform offering content management solutions for enterprise retail. Amplience enables users to plan, create, preview, and schedule content. Amplience's features include automated scheduling, slot management, and more. Founded in 2008, London-based Amplience has raised $180 million till date.

Perlego, an EdTech startup, raised $50 million in a Series B funding round led by Mediahuis with participation from Evli Growth Partners, Raine Group, Johan Brand, and others. Perlego offers educational resources for university students. Perlego provides e-books on subjects like business, philosophy, politics, technology, and more. Perlego also offers reports, publications, and whitepapers. Founded in 2016 by University of Cambridge alumni and University of Warwick alumni, London-based Perlego has raised over $76 million till date.

Glasgow-based FinTech startup, Encompass, raised $33 million in a Series C funding round led by Perennial with participation from Serendipity Capital, Microequities, Tim Frost, and others. Encompass is a provider of cloud-based KYC automation software for banks and financial institutions. Encompass provides a point of access to various data sources and enables organizations in the banking, investment, legal, and accountancy sectors to meet the regulatory requirements of the anti-money laundering directive. Founded in 2011, Encompass has raised around $38 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 13 exits during the week of 20 Mar 2022.

London-based Enterprise Applications startup, Phrasee, was acquired by Capital D. Morgan Stanley and Keyhaven Capital Partners co-invested in Phrasee alongside lead investor Capital D. Phrasee is an AI-based platform offering software for brand language optimization. Phrasee offers a computational linguistics tool that allows members to generate, optimize, automate, and analyze language in real-time. Phrasee allows members to tailor language to the brand style, tone, target audience, and campaign goals. Founded in 2015, Phrasee has raised around $9 million till date from Next 15, Galvanise, Albion Capital Group, and others.

Exonar, an Enterprise Application startup, was acquired by NowVertical Group. Exonar is a provider of an intelligence and information system for enterprises. Exonar can identify enterprise data and the relevancy of data, with the use of enterprise-scale big data architecture and machine learning technology to power real-time data classification and document search. Exonar understands the intent and characteristics of information and generates insights into the data as per company requirements and profile. Founded in 2007, Exonar has raised around $10 million till date from Beringea, Amadeus Capital, Downing, and others.

Edinburgh-based Travel and Hospitality Tech startup, Criton, was acquired by Nonius. Criton is a provider of white-label guest management apps for the accommodation and hospitality industry. Criton features include mobile booking, push notifications, local activities and places recommendations, digital door keys, video instructions, digital guides for guests, and more. Criton also has a direct chat feature for guests to contact the management staff. It caters to hotels, B&Bs, vacation rentals, service apartments, and more. Founded in 2015, Criton has raised around $7 million till date from Highland Group.

EdTech startup, Sumdog, was acquired by Hej Albert. Sumdog creates adaptive learning games for grades K-8. Sumdog offers multiplayer games that teach mathematics, reading, writing, and more. Sumdog offers a dashboard to track the progress of a student individually as well as relatively. Sumdog also offers school IT software and provides rewards for students. Founded in 1993, Edinburgh-based Sumdog has raised over $3 million till date from Arc Capital Development, Nesta Impact Investments, Scottish Enterprise, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Currencies Direct, Nothing, Microbiotica, and more. In exits, we will cover the acquisition of Abacus by Naviga among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $480 million of funding across 31 funding rounds during this week.

In a major funding round event, FinTech startup, Currencies Direct, raised $184 million in a Series D funding round led by Blackstone. Currencies Direct offers foreign exchange and international money transfer services for personal and business use. Currencies Direct provides solutions for overseas property transfer, emigration, online money transfer, travel money, risk management, paying suppliers, e-tailoring, and more. Founded in 1996, London-based Currencies Direct has raised $184 million till date.

Audio Tech startup, Nothing, raised $70 million in a Series B funding round led by EQT Ventures and C Ventures Fund with participation from Animoca Brands, Gaorong Capital, GV, and others. Nothing is a provider of Bluetooth-connected and noise-cancelling earbuds. Nothing offers products with features like pressure-relieving vents and liquid silicone tips to adjust fit, wireless charging, HD-mics for voice accuracy, sweat and water resistance, automatic pausing of audio on device removal, and integrable mobile applications. Founded in 2020, London-based Nothing has raised $144 million till date.

Cambridge-based Life Sciences startup, Microbiotica, raised $67 million in a Series B funding round led by Flerie Invest and Tencent, with participation from IP Group, Seventure Partners, British Patient Capital, and others. Microbiotica is a developer of live bacterial therapeutics and biomarkers for multiple diseases. Microbiotica identifies gut bacteria linked to phenotype in order to develop therapeutics and biomarkers for inflammatory bowel disease, immuno-oncology, and gut epithelial barrier repair. Founded in 2016, Microbiotica has raised $83 million till date.

Glorify, a Religion Tech startup, raised $40 million in a Series B funding round led by SoftBank Latin America Fund. Glorify is an app-based platform offering prayer tracking and management solutions for Christians. Glorify enables users to create a routine for their prayer, manage prayer lists, biblical meditations, Bible and journaling, and more. Founded in 2019, London-based Glorify has raised over $84 million till date.

London-based Auto Tech startup, Carwow, raised over $22 million in a Series C funding round led by ITV with participation from Accel, Daimler, Hercules Capital, and others. Carwow is an online marketplace to buy new cars. Carwow allows buyers to compare new cars and buy directly from dealers that are registered on the platform. Buyers can explore cars by specifying make or model, features, price, and then receive offers directly from the dealers. Founded in 2010, Carwow has raised $150 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 7 exits during the week of 13 Mar 2022.

London-based Enterprise Applications startup, Abacus, was acquired by Naviga. Abacus is a provider of content management, audience engagement, and multichannel publishing solutions. Abacus offers a cloud-based solution for composing a mobile-friendly website and audience engagement database. Abacus also offers a SaaS-based customer data platform, with features like an e-commerce system, multichannel single customer view, customer identity and access management. Founded in 1983, Abacus has raised around $3 million till date from the Business Growth Fund.

Swansea-based Transportation and Logistics Tech startup, Veeqo, was acquired by Amazon. Veeqo is a platform offering cloud-based inventory and fulfillment solutions for businesses. Veeqo's platform includes features like inventory synchronization, sales channels management, inventory forecasting, multi-warehouse routing, order management, shipping management services, and more. Veeqo's solution can be integrated into platforms like Shopify, Shopify Plus, Amazon, eBay, Walmart, and more. Founded in 2012, Veeqo has raised over $12 million till date from Octopus Investments and Welsh Government.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Insider, Payhawk, WeFlex, and more. In exits, we will cover the acquisition of The Floow by Otonomo among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $511 million of funding across 28 funding rounds during this week.

In a major funding round event, E-commerce startup, Insider, raised $121 million in a Series D funding round led by Qatar Investment Authority with participation from Wamda Capital, Sequoia Capital, Riverwood Capital, and others. Insider is a provider of AI-based marketing solutions for businesses. Insider’s features include user data management, user activity tracking, customer habit tracking, automated real-time notifications, and more. Insider uses proprietary predictive algorithms to determine the likelihood of purchase. Founded in 2012, London-based Insider has raised $166 million till date.

London-based FinTech startup, Payhawk, raised $100 million in a Series B funding round led by Lightspeed Venture Partners with participation from HubSpot, Greenoaks, QED Investors, and others. With this funding round, Payhawk achieved unicorn status. Payhawk is a provider of corporate credit cards and expense management software for businesses. Payhawk’s features include real-time expense tracking, automated notifications and reminders to employees, setting spending limits, data extraction, budget tracking, accounting integration, and more. Payhawk was founded in 2018 and has raised $239 million till date.

London-based Auto Tech startup, WeFlex, raised $80 million in a Series C funding round. WeFlex provides cars for rent to Uber drivers. WeFlex helps ride-hailing drivers possess their own electric cars with Rent-To-Buy Schemes. WeFlex's fleet contains both new and used cars, and it provides car finance and vehicle rental services to Uber, Ola, Bolt, and Freenow drivers. Founded in 2015, WeFlex has raised $80 million till date.

Chemicals and Materials startup, Paragraf, raised $60 million in a Series B funding round led by New Science Ventures with participation from Amadeus Capital, Breakthrough Energy, In-Q-Tel, and others. Paragraf is a provider of graphene-based magnetic sensors. Paragraf develops graphene solutions using its proprietary two-dimensional material manufacturing process. Paragraf's product portfolio includes graphene-based hall-effect sensors, biosensors, and solid-state devices. Founded in 2015, Peterborough-based Paragraf has raised $84 million till date.

London-based Life Sciences startup, Epsilogen, raised $41 million in a Series B funding round led by Novartis Venture Fund with participation from ALSA Ventures, Schroders, 3B Future Health Fund, and others. Epsilogen is a developer of immunoglobulin antibodies for the treatment of cancer. Epsilogen has developed antibodies that help in the treatment of solid tumors. Epsilogen's lead product candidate, is an IgE for folate receptor alpha positive cancer patients. Epsilogen's other products include EPS 201 for breast cancer and gastric problems. Founded in 2016, Epsilogen has raised $47 million till date.

Enterprise Tech startup, Satellite Vu, raised $26 million in a Series A funding round led by Seraphim Capital. Satellite Vu is a developer of satellite-based imaging systems. Satellite Vu provides satellite technology for Earth observation applications. The satellite has been designed to monitor plastic and pollution from space. Satellite Vu's data processing system allows the measurement of floating litter in real-time, enabling governments and other organizations to locate, track and quantify plastic in the maritime environment. Founded in 1996, London-based Satellite Vu has raised $52 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 12 exits during the week of 06 Mar 2022.

Sheffield-based InsurTech startup, The Floow, was acquired by Otonomo for $69 million. The Floow provides telematics technology focused on innovating insurance models. The Floow provides motor insurers, car makers, and fleet operators with actionable insights to increase customer loyalty and ROI. The Floow offers White Box - a self-installed device and application for Android and Apple platforms, which are fully compatible with any telematics data source. Founded in 2012 by Stanford University alumni, The Floow has raised $16 million till date from Fosun, and Direct Line Insurance.

London-based E-commerce startup, Swogo, was acquired by 1WorldSync. Swogo is an automated bundle solution for E-commerce retailers. Swogo’s technology creates the most relevant bundles based on compatibility and purpose for all product categories, from technology bundles to outfitting in fashion. Swogo's machine learning algorithms take into account profit margins, availability, customer behavior, and more. Swogo was founded in 2012.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts, Spotify, and Apple Podcast to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Gousto, EyeBio, Redsift, and more. In exits, we will cover the acquisition of The GP Service by Kanabo among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $534 million of funding across 26 funding rounds during this week.

In a major funding round event, London-based Online Grocery startup Gousto, raised $230 million in a Series F funding round led by SoftBank Vision Fund with participation from Railpen, Fidelity International, Grosvenor Group, and others. Gousto achieved unicorn status on 2nd November 2020 when it raised $32 million from Perwyn and others. Gousto is an online subscription platform offering recipe boxes. Gousto operates a recipe kit subscription service where users are sent three recipes per week. Gousto offers recipes such as beef wraps, chicken noodles, biriyani, and more. Founded in 2012, Gousto has raised $592 million till date.

Life Sciences startup, EyeBio, has raised its first Series A funding of $65 million from Jeito, SV Health Investors and Samsara with participation from MRLV. EyeBio is a developer of therapies to treat ophthalmological diseases. EyeBio focuses on the generation of therapies that restore and improve vision in patients with sight-threatening eye diseases. EyeBio's lead product is an anti-vascular endothelial growth factor drug for the treatment of age-related macular degeneration. London-based EyeBio was founded in 2021.

Enterprise Infrastructure startup, Redsift, raised $54 million in a Series B funding round led by Highland Europe with participation from MMC Ventures, Sands Capital and Oxford Capital. Redsift offers an anti-phishing solution. Redsift offers a visualisation platform for business data related to CRM, email, websites, and customer data in real-time. Redsift provides an SDK to connect to major services such as Gmail, Home Buyer, Slack, and Facebook. Redsift offers email security services against phishing attacks. Founded in 2015, London-based Redsift has raised $69 million till date.

In another funding round event, HealthTech startup, Automata, raised $50 million in a Series B funding round led by Octopus Ventures with participation from ABB, In-Q-Tel and Latitude, and others. Automata is a provider of lab automation robots. Automata offers human collaborative and arm-based lab automation robots. Automata offers robots for processing samples, drug screening, colony counting, and acid testing. Automata also provides cloud-enabled robot management software to schedule and orchestrate the protocols from a single platform. Founded in 2015, London-based Automata has raised $66 million till date.

London-based FinTech startup, Weavr, raised $40 million in a Series A funding round led by Tiger Global Management with participation from LocalGlobe, QED Investors, United First Partners, and others. Weavr is a cloud-based virtual card payment solution for innovators and payment providers. Weavr offers virtual cards for business payouts, consumer payments, and business purchasing. Weavr also provides API keys to configure and develop the pre-built payment templates, which can be embedded in consumer applications and can be used to drive business processes. Founded in 2018, Weavr has raised $55 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 10 exits during the week of 27 Feb 2022.

Leicester-based HealthTech startup, The GP Service, was acquired by Kanabo for $18 million. The GP Service is an online doctor consultation platform and pharmacy store. The GP Service enables users to seek online doctor consultations, and request prescriptions and refills. The GP Service also enables users to opt for home delivery of medication from a pharmacy of their choice. Founded in 2014, The GP Service has raised $4 million till date from Maven Capital Partners, Midlands Engine Investment Fund, and others.

Energy Storage Tech startup, InstaVolt, was acquired by EQT. InstaVolt is a provider of electric vehicle charging solutions. InstaVolt operates DC charging stations and offers solutions for consumers and fleet operators to manage their charging operations. InstaVolt provides a mobile application for users to find charging points in their vicinity. Founded in 2016, InstaVolt has raised $62 million till date from Zouk Capital.

London-based Fintech startup, Purely Capital, was acquired by Pipe. Purely Capital offers a platform to accept payments from account receivables. Purely Capital enables users to accelerate long-dated contracts from a range of global streaming and broadcast platforms. Purely Capital ensures data privacy and also has a Purely Collection platform that manages the entire collection by digitising all agreements as smart contracts built on a decentralised blockchain platform. Founded in 2018, Purely Capital has raised $2 million till date from Finch Capital.

In another acquisition event, Blockchain Technology startup, Trustology, was acquired by Bitpanda. Trustology is a provider of digital-key safeguarding and custodial solutions for cryptocurrencies. Trustology offers customisable accounts which safeguard the digital assets of an individual, business, exchange, and institutional client. Trustology also provides a platform to safeguard crypto assets. Founded in 2017, London-based Trustology has raised $8 million till date from Two Sigma Ventures and Consensys Labs.

Overwatch Research, a Belfast-based Life Science Tech startup, was acquired by Benchling. Overwatch Research is an online platform for tracking and managing clinical data. Overwatch Research's platform is used to manage in vivo experiments, create workflows, manage multiple studies, study randomisation, assign and manage tasks in CROs, preclinical labs, and academic institutions. Founded in 2017, Overwatch Research has raised $4 million till date from Operator Partners, Frontline, Techstart Ventures, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Genesis, Tripledot, 5ire, and more. In exits, we will cover the acquisition of Faculty Opinions by H1 and the IPO by Clean Power Hydrogen, among others.

Starting with our deep dive into funding rounds, tech companies in United Kingdom raised around $929 million funding across 29 funding rounds during this week.

In a major funding round event, FinTech startup, Genesis, raised $200 million in a Series C funding round led by Tiger Global Management with participation from Accel, Salesforce, GV, and others. Genesis provides a trade management software suite for financial institutions. Genesis offers digital workflow management solutions, a real-time quoting system for the trading process, a portfolio management system, and more. Genesis also offers cloud-based front-to-back office solutions to assist users. Founded in 2012, London-based Genesis has raised $250 million till date.

London-based Gaming tech startup, Tripledot, raised $116 million in a Series B funding round led by The Twenty Minute with participation from Access Industries, Eldridge, and Lightspeed Venture Partners. With this funding round, Tripledot achieved unicorn status. Tripledot is an independent mobile game development company. Tripledot specializes in developing card games and puzzle games such as Solitaire and Woodoku. Tripledot develops games for Android and iOS devices. Founded in 2017, Tripledot has raised $205 million till date.

FinTech startup, Atom Bank, raised $101 million in a Series E funding round led by Toscafund Asset Management, and BBVA with participation from Infinity Investment Partners. Atom Bank achieved unicorn status on 7th March 2018 when it raised $207 million of funding from BBVA and others. Atom Bank is a digital bank for individuals and businesses. Atom Bank provides banking services for consumers and businesses including loans, current accounts, credit cards, residential mortgage loans, money transfers, and more. Founded in 2014, Durham-based Atom Bank has raised $695 million till date.

London-based enterprise applications startup, 5ire, raised $100 million in a Series A funding round led by Global Emerging Markets. 5ire is a provider of blockchain-based networks for interoperability & cross-chain transfers. 5ire features solutions for transactional scalability, on-chain governance & democracy, future-proof upgradeability, and more. Founded in 2021, 5ire has raised $121 million till date.

FinTech startup, Sharegain, raised $64 million in a Series B funding round led by WestCap with participation from Citi, EJF Capital, SixThirty, and others. Sharegain is a provider of cloud-based securities lending solutions for fund managers and custodians. Sharegain covers stocks, bonds, and ETFs. Sharegain manages and monitors the life-cycle of loans and the supporting collateral obligations. Sharegain also offers an automated solution for internal or regulatory reporting needs. Founded in 2015 by Tel Aviv University alumni, London-based Sharegain has raised $76 million till date.

Blyth-based Auto Tech startup, Britishvolt, raised $54 million in a Series C funding round led by Bank of America, Citi, and Peel Hunt with participation from Glencore. Britishvolt achieved unicorn status on 17th August 2021. Britishvolt is a manufacturer of lithium-ion batteries for electric vehicles. Britishvolt also manufactures energy storage batteries for offices, homes, and industrial spaces. Founded in 2019, Britishvolt has raised $143 million till date.

FinTech startup, Thought Machine, raised $54 million in a Series C funding round from ING, Lloyds Bank, JP Morgan Chase, and others. Thought Machine achieved unicorn status on 2nd September 2021 when it raised $200 million of funding from Nyca Partners and others. Thought Machine is an open banking software. Thought Machine provides an API-based core solution for bank's operations including the design and implementation of digital banking products such as loans, credit cards and mortgages, vaults, and more. Founded in 2014 by an ex-Google employee, London-based Thought Machine has raised $403 million till date.

London-based E-commerce startup, Papier, raised $50 million in a Series C funding round led by Singular with participation from Lansdowne Partners, Felixcap, dmg ventures, and others. Papier is an online marketplace for buying and selling physical greeting cards. Papier enables users to choose from the available templates and personalize the card by adding messages and images. Papier also offers online payment solutions for users to have their personalized cards printed and shipped. Papier also offers products such as personalized invitations and stationery. Founded in 2015 by an ex-Bain employee, Papier has raised $65 million till date.

Energy Tech startup, Bramble Energy, raised $47 million in a Series B funding round led by HydrogenOne Capital Growth plc with participation from IP Group, Business Growth Fund, UCL Technology Fund, and others. Bramble Energy is a developer of proton exchange membrane-based fuel cells. Bramble Energy developed fuel cell stack architecture using printed circuit boards for hydrogen-based fuel cells. Bramble Energy also has patented anti-corrosion features of their product. Bramble Energy also claims that the product can be used for power generation applications ranging from consumer electronics to electric vehicles. Founded in 2015, London-based Bramble Energy has raised $54 million till date.

Oxford-based Energy Tech startup, First Light Fusion, raised $45 million in a Series C funding round led by IP Group, Oxford Science Enterprises, Hostplus, Bravos Capital, and Tencent. First Light Fusion is a pulse-powered nuclear fusion process developer. First Light Fusion is developing a nuclear fusion process based on inertial confinement fusion which involves symmetrical implosion reaction of the helium produced from water which claims to produce a temperature similar to that of the sun core. First Light Fusion's heat energy is then utilized for power production. Founded in 2011, First Light Fusion has raised $105 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 5 exits during the week of 20 Feb 2022.

London-based Life Science Tech startup, Faculty Opinions, was acquired by H1. Faculty Opinions is an online search portal for discovering life sciences scientific literature. Faculty Opinions help users to find rich articles in biology and medicines. Faculty Opinions also enable users to receive an expert opinion on emerging technologies and breakthroughs using the platform. Faculty Opinions was founded in 2019.

In another major development this week, Clean Power Hydrogen, a Doncaster-based Energy Tech startup, went public. The IPO pegs the valuation of the company at nearly $66 million. Clean Power Hydrogen is a developer of hydrogen-based energy storage systems for electric vehicles, off-grid, and on-grid applications. Clean Power Hydrogen's solutions produce hydrogen by electrolysis, dehydrates, purifies, and stores the hydrogen gas. Clean Power Hydrogen can be scaled for large-scale applications and claims to have 30 years of operational life. Clean Power Hydrogen was founded in 2016 and has raised over $3.6 million across several funding rounds. Major investors who backed the company in its early stages include enterprises like ICP Group, OP6 Innovation, West Hill Capital, and others. 

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Cazoo, GoCardless, ThinCats, and more. In exits, we will cover the acquisition of TV Squared by Innovid, among others.

Starting with our deep dive into funding rounds, tech companies in United Kingdom raised around $1 billion funding across 11 funding rounds during this week.

In a major funding round event, Auto Tech startup, Cazoo, raised $630 million in a Series E funding round led by Viking Global Investors, and Willoughby Capital with participation from Mubadala. Cazoo achieved unicorn status on 22nd June 2020 when it raised $31 million of funding from Molten Ventures and others. Cazoo is an online dealer of second-hand cars. Cazoo enables buyers to search for cars, purchase them through the platform and have them delivered home. Cazoo also enables them to view the vehicle specifications, photos, service history, and prices, and avail car financing solutions. Founded in 2018, London-based Cazoo has raised $1 billion till date.

London-based FinTech startup, GoCardless, raised $312 million in a Series G funding round led by Permira with participation from BlackRock Private Equity Partners. With this funding round, GoCardless achieved unicorn status on 8th February, 2022. GoCardless is a provider of direct debit-based recurring payment solutions for businesses. GoCardless offers a solution for enterprises to accept payments with features like operational cost and conversion risk reduction, cash flow management, payment tracking, subscription management, as well as an API for international payment collection. Founded in 2011 by University of Oxford alumni, GoCardless has raised $539 million till date.

FinTech startup, ThinCats, raised $135 million in a Series D funding round led by Insight Investment. ThinCats is an online platform providing business loans. ThinCats offers various loans such as working capital, acquisition, growth finance, refinance, and asset purchase loans. ThinCats uses PRISM data models to indicate credit appetite and offers loans on the basis of credit scores, turnovers, and more. Founded in 2010, Staffordshire-based ThinCats has raised $361 million till date.
 

In another funding round, FinTech startup, Vitesse, raised $26 million in a Series B funding round led by Prime Venture Partners with participation from Hannover Digital Investments, Octopus Ventures, Shane Happach, and others. Vitesse is a cloud-based cross-border remittance solution for businesses. Vitesse enables enterprises to perform cross-border payments to customers, employees, and other companies. Vitesse uses APIs for real-time integrations with payment tracking, and provides services to multiple industries including insurance, payroll, financial services, corporate, and e-commerce sectors. Founded in 2014, Vitesse has raised $34 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 11 exits during the week of 13 Feb 2022.

Edinburgh-based AdTech startup, TV Squared, was acquired by Innovid for $160 million. TV Squared is a provider of cross-platform TV ad measurement solutions. TV Squared enables users to analyse TV advertising in order to determine the impact on sales, by collecting cross-channel response data. TV Squared also offers solutions for advertisers to optimise television-based campaigns. Founded in 2012, TVSquared has raised $34 million till date from Westcoast capital, Scottish Capital, and others.

Sheffield-based Ed-Tech startup, IN-PART, was acquired by Inova. IN-PART offers a platform for universities to share early-stage technologies and ideas with industry. IN-PART allows universities to post ideas on the platform for industry users to review, provide feedback, and contact them regarding these opportunities. Founded in 2013, IN-PART has raised $1 million till date from Northern Powerhouse Investment Fund, and Mercia.

Fintech startup, DNA Payments, was acquired by Alchemy Partners. DNA Payments offers payment solutions for online and POS businesses. DNA Payments offers an intelligent payment ecosystem with multiple solutions from card readers to integrated payments, as well as POS solutions for offline businesses, omnichannel solutions, and retailers. Founded in 2018, London-based DNA Payments has raised $141 million till date from Alchemy Partners.

Wakefield-based 365 Response, a Road Transport Tech startup, was acquired by RLDatix. 365 Response is a provider of cloud-enabled transportation management software for schools and paratransit. 365 Response offers end-to-end solutions to manage transportation booking, scheduling, tracking, invoicing, and reporting. 365 Response includes features like in-platform messaging and integrated governance. Founded in 2012, 365 Response has raised $3 million till date from Business Growth Fund.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of GWI, Nuclera Nucleics, and more. In exits, we will cover the acquisition of Swivel Secure by BIO-key among others.

Starting with our deep dive into funding rounds, tech companies in United Kingdom raised around $301 million in funding across 28 funding rounds during this week.

London-based Enterprise Applications startup, GWI, raised $180 million in a Series B funding round from Permira. GWI is a cloud-based platform for generating consumer insights. GWI provides a market research platform that offers audience insights tools to assist in the process of analytics that will help users to understand what consumers want and how to target them. GWI also provides features such as digital insight data from countries all around the world that assists users to generate ideas and measure impact. Founded in 2009, GWI has raised $220 million till date.

FinnTech startup, Qredo, raised $60 million in a Series A funding round led by 10T with participation from Liberty City Ventures, Vectr Ventures, GMF Capital, and others. Qredo offers API and SDK-based encryption solutions for data security, privacy, anonymity, and compliance. Qredo's SDK is available for the deployment of mobile, web apps, IoT, bitcoin, the blockchain, and more. Founded in 2012, London-based Qredo has raised $77 million till date.

*The funding round included $60 million of primary capital and $20 million from secondary investors. We have considered the primary capital.

Stevenage-based Life Sciences startup, Nuclera Nucleics, raised  $42 million in a Series B funding round from G.K. Goh Holdings, Amadeus Capital, M&G, and others. Nuclera Nucleics is a developer of a desktop bioprinter to produce genes and proteins. Nuclera Nucleics has developed an eProtein desktop bioprinter to deliver high-value proteins through the novel combination of eProtein synthesis and eDrop digital microfluidics technology. Founded in 2013, Nuclera Nucleics has raised $54 million till date.

London-based Enterprise Applications startup, Veed, raised $35 million in a Series C funding round from Sequoia Capital. Veed is an online video editing platform. Veed enables users to upload videos on the platform. Veed's features include the ability to add an image or subtitles or text to a video. Veed also enables users to crop, filter or draw on a video, create an Instagram template, slow-motion videos, add stickers, shapes, watermarks and others. Founded in 2019 by King’s College London alumni, Veed has raised $35 million till date.

Life Sciences startup, Biofidelity, raised $23 million in a Series A funding round led by Octopus Ventures with participation from SBI Investment. Biofidelity is a Developer of a molecular diagnostic assay for the detection of target DNA sequences. Biofidelity uses a proprietary ASPYRE technology to develop genetic panels for the detection of Melanoma, Head & neck, Liver & kidney, Colorectal, and Breast cancer. Founded in 2002 by University of Cambridge alumni and University of Oxford alumni, Cambridge-based Biofidelity has raised $36 million till date.

FinTech startup, OpenGamma, raised $21 million in a Series E funding round led by Allianz X. OpenGamma provides a SaaS-based solution for derivatives risk analytics. OpenGamma offers Strata - a risk management software for the financial services industry, specifically for use in the derivatives OTC markets. OpenGamma refers to its solutions as "Risk as a Service" and its products cover ETD, OTC margin calculations, bilateral OTC margin, derivatives MTM, and Greeks calculation. OpenGamma also creates customized solutions based on its analytics platform and allows firms to use Strata for creating their own solutions. Founded in 2009, London-based OpenGamma has raised $74 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 12 exits during the week of 06 Feb 2022.

Wetherby-based cybersecurity startup, Swivel Secure, was acquired by BIO-key. Swivel Secure provides a two-factor authentication-based I A M security solution to enterprises employing both tokenless and token-based one-time code delivery. Swivel Secure solution is based on a challenge-response system that secures and protects the on-premise and cloud-based systems of the enterprise by implementing intelligent, adaptive, risk-based, and user-centric authentication. Swivel Secure's supported token factors include OAuth tokens, time-based, event-based, and transactional tokens and is compliant with PCI data security standards, GCSx PSN, SOX, and ISO 27001. Swivel Secure was founded in 2000.

London-based media startup, Flourish, was acquired by Canva. Flourish offers data visualization and storytelling for the media and publishing industry. Flourish offers a platform for charts, maps, graphics, and interactives for visualizing, presenting, and telling stories with data. Flourish caters to businesses, newsrooms, and agencies. Founded in 2016, Flourish has raised $1 million till date from LocalGlobe, Founders Factory, and others.

London-based Ed-tech startup, Seneca Learning, was acquired by GoStudent. Seneca Learning is an online homework and revision platform for KS2, KS3, GCSE, and A-level students. Seneca Learning offers courses for various subjects which include English, French, History, Geography, and more. Seneca Learning also enables teachers to set automatically marked assignments, monitor students' progress, and increase attainment. Seneca Learning was Founded in 2016.

Bristol-based enterprise application startup, Roseta, was acquired by Huboo. Roseta is a provider of cloud-based eCommerce integration for businesses. Roseta offers integration for eCommerce, marketplace, ERP, fulfillment, accounting, CRM, and more. Roseta offers integration like customer experience management, customized workflows, stock management, shipping management, customer returns, and more. Roseta offers solutions on the subscription-based policy. Roseta was founded in 2019.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Zapp, Instadeep, and more. In exits, we will cover the acquisition of Cotopaxi by Spirax-Sarco Engineering among others.

Starting with our deep dive into funding rounds, tech companies in United Kingdom raised around $586 million of funding across 30 funding rounds during this week.

Online Grocery startup, Zapp, raised $200 million in a Series B funding round led by Lightspeed Venture Partners, 468 Capital, BroadLight Capital, and others. Zapp is an online platform offering multi-category grocery products. Zapp's product offerings include drinks & beverages, groceries, snacks, ice cream, pharmacy, baby products, pet essentials, and more. Zapp offers mobile applications for Android and iOS platforms. Founded in 2020, Sevenoaks-based Zapp has raised $200 million till date.

London-based enterprise applications startup, InstaDeep, raised $100 million in a Series B funding round led by Alpha Intelligence Capital and CDIB Capital with participation from Synergie, google, and others. InstaDeep is a Provider of AI-based solutions for organizations. InstaDeep offers products to address the challenges of optimization and automation. InstaDeep offers a decision-making system that leverages reinforcement learning to make decisions on its own. InstaDeep's product can be used to provide services in the field of logistics, finance, and healthcare. Founded in 2015, InstaDeep has raised $107 million till date.

Energy Tech startup, Nexeon, raised $80 million in a Series D funding round led by BNW Investment, SJL Partners, SKC, and others. Nexeon is a Silicon-based anode developer. Nexeon claims that they have patented a unique way of structuring silicon so that it delivers extended cycle life and increases battery capacity. Nexeon's first commercially available material is low-cost silicon. Nexeon also claims that the graphite currently used in the lithium-ion battery manufacturing process can simply be replaced with materials and used in combination with conventional polymer binders and current collectors, thus allowing for easy adoption in existing Li-ion batteries production lines. Founded in 2006, Abingdon-based Nexeon has raised $255 million till date.

London-based FinTech startup, 365 Business Finance, raised $74 million in a Series C funding round led by Kendall Capital. 365 Business Finance is a Business cash advance provider. 365 Business Finance is a direct lender for business cash advances ranging from GBP 5K-100K, with flexible repayments at a fixed percentage of card sales. 365 Business Finance offers loans for the business with an operation for at least 12 months, and average credit and debit cards sales during the period should be at least GBP 5K per month. 365 Business Finance's platform claims to have a 90% approval rate and approvals within 24 hours. Founded in 2012, 365 Business Finance has raised $74 million till date.

FinTech startup, Moneyfarm, raised $59 million in a Series D funding round led by M&G. MoneyFarm provides an online platform for investment planning & advisory services. Moneyfarm helps users in portfolio management based on their profiles and goals. Moneyfarm offers advisory services for investment in stocks & shares, pension management, and wealth management. MoneyFarm also features tools for tracking investments. Founded in 2011 by ex-Morgan Stanley employee, London-based Moneyfarm has raised $186 million till date.

London-based Environment Tech startup, Sylvera, raised $32 million in a Series A funding round led by Index Ventures and Insight Partners with participation from Salesforce Ventures, LocalGlobe, and others. Sylvera is a Provider of solutions to offset the carbon footprint. Sylvera's Users can understand the real-time carbon performance of offset projects through the platform. Sylvera also allows users to explore satellite imagery to see the real story on the ground. Founded in 2020 by London Business School alumni, Sylvera has raised $40 million till date.

Technology startup, PQShield, raised $20 million in a Series A funding round led by Lee Fixel with participation from Crane and Oxford Science Enterprises. PQShield is a Provider of quantum computing solutions for secured communication. PQShield uses post-quantum algorithms to protect data. PQShield also uses a cryptographic SDK for mobile and server technologies that can protect sensitive information, identities, and cybersecurity infrastructures. PQShield provides solutions to industries, such as the automotive, industrial, and manufacturing industries. Founded in 2018, Oxford-based PQShield has raised $27 million till date.

London-based HR Tech startup, Otta, raised $20 million in a Series A funding round led by Tiger Global Management with participation from LocalGlobe and Founder Collective. Otta is an online job portal for multiple industries. Otta's platform allows the hiring staff to post the jobs for free and recommend the jobs to the candidates based on their skills and experience. Founded in 2000 by University College London alumni and University of Cambridge alumni Otta has raised $20 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 6 exits during the week of 30 Jan 2022.

Skelmersdale-based energy tech startup, Cotopaxi, was acquired by Spirax-Sarco Engineering for $18 million. Cotopaxi provides energy management solutions which include software and services for optimizing energy usage. Cotopaxi Energy monitoring products include the eXpert Boiler, Motor, Pump, and Fridge to track the energy of the respective equipment, alongside Strata, which is an energy management software. Cotopaxi Services provided include energy consulting, end-to-end CHP solutions, and boiler and steam audit services. Cotopaxi was Founded in 2009.

London-based gaming tech startup, Faceit, was acquired by Savvy Gaming Group. Faceit is a free-to-play eSports gaming platform. Faceit's platform helps the gamers to discover and showcase their skills to potential sponsors and professional eSports teams. Faceit's platform also runs its own eSports tournaments where individual users and teams can register and compete. Faceit's users can also add games onto the platform to compete and win awarded points. Founded in 2012, Faceit has raised $17 million till date from Makers Fund, Creator Collective Capital, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Wayve, Personetics, and more. In exits, we will cover the acquisition of Polystream by Mythical among others.

Starting with our deep dive into funding rounds, tech companies in United Kingdom raised around $613 million of funding across 26 funding rounds during this week.

Cambridge-based Auto Tech startup, Wayve, raised $200 million in a Series B funding round led by Eclipse with participation from Virgin, Compound, Microsoft, and others. Wayve provides AI & cloud-enabled software for autonomous cars. Wayve's software suite leverages end-to-end machine learning algorithms, computer vision, and a reinforced learning approach to offer an adaptive and situation-based driving system. Founded in 2017 by University of Cambridge alumni, Wayve has raised $258 million till date.

London-based FinTech startup, Personetics, raised $85 million in a Series D funding round from Viola Group, Nyca, Sequoia Capital, and others. Personetics provides a platform for personalized financial advice. Personetics allows financial institutions to deliver a personalized customer experience across all service channels, especially online, mobile, and tablet. Personetics features a library of banking-specific predictions and leverages a real-time analytics engine to predict customer intent. Founded in 2011, Personetics has raised $178 million till date.

HealthTech startup, BigHealth, raised $75 million in a Series C funding round led by SoftBank Vision Fund with participation from ArrowMark Partners, Kaiser Permanente Ventures, and others. BigHealth offers CBT therapy for insomnia patients. BigHealth's flagship product Sleepio is a digital sleep improvement program, clinically proven to help users overcome poor sleep. BigHealth's virtual sleep expert "The Prof" teaches users proven Cognitive Behavioral Therapy (CBT) techniques, personalized to their problems and monitors their progress. Founded in 2010, London-based BigHealth has raised $129 million till date.

Life Sciences startup, ONI, raised $75 million in a Series B funding round led by Arch Venture Partners with participation from Vertical Venture Partners, Casdin Capital, Artis Ventures, and others. ONI is a Manufacturer of optical microscopy solutions for application in biological imaging. ONI offers a single emission channel microscope, which is a customizable optical microscope. ONI offers software for real-time rendering and quantitative single-molecule analysis. ONI's products have use cases in multiple applications, including quantitative cellular imaging, tracking single molecules and vesicles in cells, intensity measurements of protein complex assembly, single-molecule FRET, and other applications. Founded in 2010 by INSEAD alumni, Oxford-based ONI has raised $76 million till date.

London-based Life Sciences startup, Engitix, raised  $54 million in a Series A funding round from Dompé. Engitix has developed a technology for in vitro drug discovery. Engitix proprietary technology includes human-derived biological scaffolds for the development of 3D spheroids and tissue engineering systems. Engitix technology applications include accelerating in vitro drug discovery and for helping patients with end-stage liver disease. Engitix has also designed BAL to address the unmet need for treatment of liver failure, providing bedside support. Founded in 2016, Engitix has raised $60 million till date.

Poole-based FinTech startup, Cushon, raised $47 million in a Series B funding round from Augmentum and Ashgrove. Cushon is an App-based employer-enabled savings and investment management platform. Cushon allows employees to plan retirement and pension funds through various investment plans and savings accounts. Cushon offers services such as Individual Savings Account, net-zero now, and CushonMe. Founded in 2014, Cushon has raised $83 million till date.

London-based Crop Tech startup, Vertical Future, raised $28 million in a Series A funding round from Dyfan, SFC Capital, Nickleby Capital, and others. Vertical Future is a Provider of hardware and software solutions for vertical farming. Vertical Future provides licensing, hardware, and software technologies. Vertical Future researches in the field of vertical farming and installs vertical farms in commercial spaces. Vertical Future offers solutions to sectors such as food brands, pharma companies, farmers, retailers, and indoor growers. Founded in 2016, Vertical Future has raised $28 million till date.

eCommerce startup, Mention Me, raised $25 million in a Series B funding round led by Octopus Ventures with participation from Eight Roads Ventures. Mention Me is a SaaS-based referral marketing solution for eCommerce companies. Mention Me helps its clients to acquire customers by using word-of-mouth marketing. Mention Me integrates with the existing store of the retailer and allows its customers to refer their friends using email and social media. Mention Me also offers AB testing to optimize offers and discounts provided to different customers. Founded in 2013 by INSEAD alumni and University of Cambridge alumni, London-based Mention Me has raised $32 million till date.

Legal Tech startup, Juro, raised $23 million in a Series B funding round led by Eight Roads Ventures with participation from Alibaba, Point Nine, and others. Juro provides contract management solutions. Juro offers features such as e-signature, machine learning-based contract analysis, and renewal tracking. Juro keeps track of contract activity and ensures users' systems are in sync. Founded in 2016 by INSEAD alumni, London-based Juro has raised $31 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 7 exits during the week of 23 Jan 2022.

Guildford-based gaming tech startup, Polystream, was acquired by Mythical. Polystream is an application and 3D games streaming platform. Polystream provides a scale-on-demand streaming platform, enabling businesses to deliver unmodified 3D applications to instantly engage with their customers worldwide. Polystream content can be accessed from anywhere in the world using any server. Founded in 2015, Polystream has raised $13 million till date from Microsoft Accelerator, Wargaming, and others.

Bala-based legal tech startup, Prosperoware, was acquired by Litera. Prosperoware is a cloud-based legal practice management software provider. Prosperoware is an enterprise software company focused on law firms, corporate legal departments, and professional services firms. Prosperoware enables professionals to deliver better client service through business intelligence, process improvement, automated workflow, and security controls. Prosperoware offers productivity, document management, and information governance solutions for lawyers, IT, and other professionals. Founded in 2009, Prosperoware has raised $3 million till date from Rittenhouse Ventures.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Gousto, iProov, and more. In exits, we will cover the acquisition of BFC Bank by iFAST Corporation among others.

Starting with our deep dive into funding rounds, tech companies in United Kingdom raised around $201 million funding across 8 funding rounds during this week.

London-based Online Grocery startup, Gousto, raised $100 million in a Series E funding round from SoftBank Vision Fund. Gousto is an online subscription platform offering recipe boxes. Gousto operates a recipe kit subscription service where users are sent three recipes per week. Gousto's users can choose the recipe from the offerings like beef wraps, chicken noodles, biriyani, and more. Founded in 2012, Gousto has raised $311 million till date.

London-based Enterprise Infrastructure startup, iProov, raised $70 million in a Series B funding round from Sumeru Equity Partners. iProov is a face recognition-based authentication solution provider. iProov uses machine learning technology and deep learning technology to check that the user's face corresponds to the face they originally enrolled. iProov offers solutions to organizations across financial services, healthcare, and e-commerce. Founded in 2011 by University of Cambridge alumni, iProov has raised $78 million till date.

FinTech startup, Starling Bank, raised $40 million in a Series D funding round led by Chrysalis. Starling Bank is a digital bank for consumers and businesses. Starling Bank offers services of deposit accounts, money transfers, consumer and business loans, prepaid and corporate cards for online or offline purchases, bill payments, and more. Founded in 2014 by University of Cambridge alumni, London-based Starling Bank has raised $892 million till date.

London-based FinTech startup, CellPoint Digital, raised $25 million in a Series C funding round led by Penta Capital with participation from Toscafund Asset Management. CellPoint Digital is an e-commerce & payment solution for the travel industry. CellPoint Digital provides promotion, commerce, payment & self-service using data-driven optimization to boost conversion rates. CellPoint Digital provides solutions for processing & monitoring of multiple transactions and optimizing transactions with routing. Founded in 2007, CellPoint Digital has raised $56 million till date.

London-based Energy Tech startup, TheUp, raised $9 million in a Series A funding round from JamJar Investments, Jagermeister, and others. TheUp is an Online platform for renting power banks. TheUp's users can rent the power banks from the nearest charging points via an application. TheUp's users need to scan the QR code on the ChargedUp station to release a power bank and portable power banks include cables for all types of phones. TheUp's users can then return the power bank to any ChargedUp station nearby or in a local cafe. Founded in 2017 by ex-Apple employee, TheUp has raised $12 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 5 exits during the week of 08 Jan 2022.

London-based fintech startup, BFC Bank, was acquired by iFAST Corporation for $74 million. BFC Bank is a specialized bank focused on International Payments and cash management services to complement existing banking arrangements of Small Medium Enterprises (SMEs). BFC Bank's accounts will be available in up to 40 currencies, with online access in a fully secure environment to make all domestic and international payments. BFC Bank was founded in 2016.

Cambridge-based enterprise application startup, Global Inkjet Systems, was acquired by Nano Dimension for $18 million. Global Inkjet Systems provide software, print controllers, and inkjet delivery systems for 3D printing. Global Inkjet Systems claims to provide software called Atlas, which supports a wide range of printheads including Fujifilm Dimatix, Konica Minolta, and more. Global Inkjet Systems has designed electronics and software for ink supply systems and also offers additional support including a range of header tanks, system controls for pressure, filtration, heating & degassing, and system design. Global Inkjet Systems was Founded in 2006.

London-based adtech startup, Ad-Lib, was acquired by Smartly. Ad-Lib provides a creative management platform. Ad-Lib is used by content studios, media agencies, and creative agencies. Ad-Lib Production uses AI and collaboration tools to improve creative production efficiency by turning creative concepts into dynamic, reusable templates across display, video, and social formats. Ad-Lib Relevance enables brands to personalize their creatives at scale. Ad-Lib Optimize helps advertisers improve the quality of their creativity. Founded in 2017, Ad-Lib has raised $12 million till date from Fog City Capital.

Consett-based energy tech startup, Elmtronics, was acquired by Mer for $74 million. Elmtronics provides solutions for electric vehicle charging by supplying and installing electric vehicle charging stations and equipment. Elmtronics specializes in providing its services to businesses and the public sector. Elmtronics also offers full turn-key installation and commissioning services. Founded in 2013, Elmtronics has raised $2 million till date from Mercia, Northern Powerhouse Investment Fund, and others.

Newton-le-willows-based enterprise application startup, Jade Solutions, was acquired by Renovotec for $74 million. Jade solutions provide enterprise mobility solutions for enterprises to streamline their business processes, improve field force productivity and reduce costs. Jade Solutions offers field mobility, warehousing and distribution, electronic proof of delivery, asset management, supply chain and inventory management using various products like RFID, wireless network, security, barcode scanners, mobile devices, lantronix, and more. Jade Solutions serves retail, field services, transport, logistics, postal & courier, manufacturing, utilities, and education sectors. Founded in 1988, Jade Solutions has raised $7 million till date from RBS Group and Merseyside Special Investment Fund.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of KRM22 and more. In exits, we will cover the acquisition of 3D Bio-Tissues by BSF Enterprise among others.

Starting with our deep dive into funding rounds, tech companies in United Kingdom raised around $20 million funding across 4 funding rounds during this week.

FinTech startup, KRM22 raised $6 million in a Seed funding round led by Trading Technologies. KRM22 is a regulatory software suite for financial institutions. KRM22's products include a risk platform for helping the firm’s regulatory and market risk challenges, KYC & AML for digital onboarding of customers, Irisium surveillance for detection of market manipulation practices across markets, functions & asset classes, Ascent for compliance monitoring, and more. KRM22 helps capital markets companies to reduce the cost and complexity of risk management. Founded in 2017, London-based KRM22 has raised $10 million till date.

London-based FinTech startup, CIRCA5000 raised $4 million in a Series A funding round. CIRCA5000 is an app-based investment platform for impact-based ETFs. CIRCA5000 lets users create portfolios and also invest in pre-curated portfolios. The CIRCA5000 platform provides ETFs and invests in these using spare change. Users can choose the sector they want to invest in. The CIRCA5000 app is available on both Android and iOS platforms. Founded in 2018, CIRCA5000 has raised $4 million till date.

Auto Tech startup, CameraMatics raised $4 million in a Series A funding round led by Puma Investments with participation from Enterprise Ireland, and Sure Valley Ventures. CameraMatics is a provider of AI & cloud-driven video-based fleet tracking software for fleet vehicles. CameraMatics provides a cloud-based platform that combines cameras and GPS tracking solutions for vehicles. CameraMatics’ features include real-time vehicle tracking, vehicle data history, live video footage, accident reporting, driver behavior statistics, vehicle location, and many more. Founded in 2016, London-based CameraMatics has raised $9 million till date.

eCommerce startup, Purple Dot raised $4 million in a Series A funding round led by Unusual Ventures with participation from Moxxie Ventures, Connect Ventures, and Paul Forster. Purple Dot is an online marketplace offering multi-category fashion products. Purple Dot users can shop and request a discount from top brands and stores. Purple Dot offers dresses, shoes, headwear and more. Founded in 2019, London-based Purple Dot has raised $6 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 2 exits during the week of 02 Jan 2022.

Newcastle Upon Tyne-based 3D Bio-Tissues was acquired by BSF Enterprise for $3Million. 3D Bio-Tissues is a developer of a technology platform for tissue engineering. 3D Bio-Tissues has developed a patented process called Tissue Templating which is used to produce engineered tissues. 3D Bio-Tissues' engineered tissue products include human skin, human cornea, and lab-grown meat. 3D Bio-Tissue was founded in 2018.

Sheffield-based Faradion was acquired by Reliance Industries. Faradion a, Sodium Silicon battery developer is pioneering the next generation of advanced, low-cost battery materials. Faradion employs sodium-ion technology, which, as claimed by the company, when incorporated into batteries, will be virtually indistinguishable from the leading products currently on the market in terms of performance; and will be available at a fraction of the cost. In addition to the significant cost reduction, these next-generation materials will also be manufactured using more sustainable materials like Silicon. Founded in 2011, Faradion has raised $4 million till date from Mercia, Enterprise Ventures, and Gov.uk

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Remember App and Taptap Send. In exits, we will cover the acquisition of Gyroscope by Novartis among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $199.0 million of funding across 2 funding rounds during this week.

In a major funding round event, London-based EdTech startup Remember App, raised $134 million in a Series D funding round led by Saramin HR with participation from ARC & Partners. Remember App is the developer of a mobile app that provides daily flashcards for language learning. Remember App includes features like translation between multiple languages, thematic card sets, and auto-suggestions. Remember App provides an app for iOS platforms. Founded in 2016 by an ex-Facebook employee, Remember App has raised $134 million till date.

FinTech startup Taptap Send raised $65 million in a Series B funding round led by Spark Capital with participation from Wamda Capital, Heroku, Canaan Partners, and others. Taptap Send is the provider of an app-based digital wallet for cross-border money transfers. Taptap Send allows users to send, receive, and store funds across borders with a debit card. Taptap Send provides an app for iOS and Android devices. Founded in 2017 by Harvard University alumni, London-based Taptap Send has raised $80 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 4 exits during the week of 26 Dec 2021.

Gyroscope, a Genomics startup, was acquired by Novartis. Gyroscope is a developer of gene therapies for eye diseases. Gyroscope offers a novel retinal gene therapy aimed at delivering a targeted, one-off treatment for the progressive visual impairment caused by dry AMD by locally modulating complement activity. Founded in 2016, Gyroscope has raised $255 million till date from Tetragon, Sanofi, Cambridge Innovation Capital, and others.

Bristol-based Brightpearl, a Retail tech startup, was acquired by Sage Group for $360 million. Brightpearl is a SaaS-based omni-channel retail management software provider. Brightpearl enables the management of orders, inventory, financials, POS, CRM, and real-time accounting to automate the back office for omnichannel brands, retailers, and wholesalers. Brightpearl also offers accounting, shipping & fulfillment, payment, warehouse management, and more. Brightpearl also offers platform integration with Amazon, Spotify, Big-commerce, and eBay. Founded in 2007, Brightpearl has raised $84 million till date from Silicon Valley Bank, Eden Ventures, and Mountain Star Capital.

Healthcare Tech startup Push Doctor was acquired by Square Health. Push Doctor is a provider of video-based online doctor consultations. Push Doctor is a mobile or web-based platform which allows users to consult a general physician through video. Push Doctor allows the user to book on-demand appointments for online consultations, receive online prescriptions and avail of home delivery of medicines. Founded in 2013, Birmingham-based Push Doctor has raised $77 million till date from Accelerated Digital Ventures, Seventure Partners, and Celeres Investments.

In another major development this week, Aptamer Group, a York-based Life Sciences startup went public. Aptamer Group was founded in 2008 and has raised over $2 million across several funding rounds. Major investors who backed the company in its early stages include enterprises like BIF and Meneldor.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Fresha, Signal AI, Brainomix and more. In exits, we will cover the acquisition of RootMetrics by Ookla, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $235 million of funding across 23 funding rounds during this week.

Beauty Tech startup Fresha raised $52 million in a Series C funding round led by BECO Capital and Michael Lahyani with participation from Target Global, Partech Partners, General Atlantic, and others. Fresha is the provider of an app-based booking platform for salons and spas. Fresha enables users to discover salons, book appointments and find deals from salon providers. Fresha also provides businesses with software tools for venue management and marketing management. Fresha offers an app for iOS and Android devices. Founded in 2018, London-based Fresha has raised $183 million till date.

Signal AI, a London-based PR Tech startup, raised $50 million in a Series D funding round led by Highland Europe with participation from Hearst, MMC Ventures, abrdn, and others. Signal AI offers an AI-based media monitoring solution. Signal AI allows users to monitor, print and broadcast media online. Signal AI provides a dashboard which enables users to visualize their collected data and generate insights. Founded in 2013, Signal AI has raised $102 million till date.

In another funding round event, HealthTech startup Brainomix raised $21 million in a Series B funding round led by Boehringer Ingelheim Venture Fund and Parkwalk with participation from Oxford University Innovation and Tencent. Brainomix is a provider of AI-powered imaging biomarkers for precision medicine. Brainomix has developed a medical imaging software that automatically interprets the brain CT scans of stroke patients using imaging biomarkers. Brainomix also offers a solution for the assessment of Interstitial Lung Disease. Founded in 2010, Oxford-based Brainomix has raised $34 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 8 exits during the week of 19 Dec 2021.

RootMetrics, a London-based OSS/BSS startup, was acquired by Ookla. RootMetrics is a provider of mobile network analytics. RootMetrics is the developer of Root Coverage service which audits and analyses cellular network and device performance. RootMetrics collects network performing data from mobile users through its mobile app and provides professional services to network providers in gaining insights into their customer experience. Founded in 2008, RootMetrics has raised $5 million till date.

In another acquisition event, Food Tech startup Spoonfed was acquired by 365 Retail Markets. Spoonfed offers web-based catering software. Spoonfed enables caterers, sandwich retailers and franchises to manage their catering businesses, with features like customer ordering and order management, production planning, catering system integration, catering reports, business management reports, automatic catering invoicing, and email marketing. Founded in 2012, Edinburgh-based Spoonfed has raised $2 million till date from Equity Gap and Scottish Enterprise. 

Beauty Tech startup Blow was acquired by Holland & Barrett. Blow is an online platform to book on-demand and at-home beauty services. Blow enables users to book services like hairstyling, spray tanning, makeup, pedicures and manicures from vetted professionals who visit their home, office or hotel within a short window after booking. Blow also allows users to book appointments at nearby salons and beauty bars, and retails makeup products through its website. Founded in 2013, London-based Blow has raised $7 million till date from Debenhams, Unilever Ventures and Nick Robertson.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Monzo, Synthesia, Sorted, and more. In exits, we will cover the acquisition of Mimecast by Permira, among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $916 million of funding across 34 funding rounds during this week.

In a major funding round event, London-based FinTech startup Monzo, raised $475 million in a Series H funding round led by ADFD with participation from Accel, Goodwater Capital, Coatue, and others. Monzo is a digital bank for consumers and businesses. Monzo offers banking services such as deposit accounts, money transfers, debit cards for online and offline purchases, consumer loans, and SME loans. Monzo also offers an Android and iOS app. Founded in 2015 by University of Oxford alumni, Monzo has raised $1 billion till date and has achieved unicorn status as of 31st October, 2018.

Synthesia, an Enterprise Applications startup, raised $50 million in a Series B funding round led by Kleiner Perkins with participation from GV, FirstMark, MMC Ventures, and others. Synthesia is a provider of AI-based dubbing and subtitling solutions for video content creators. Synthesia offers video content translation in sync with the lip movements of an actor, and a dialogue track in multiple languages. Founded in 2017, London-based Synthesia has raised $66 million till date.

Manchester-based Transportation and Logistics Tech startup, Sorted, raised $40 million in a Series C funding round led by Chrysalis and Arete Capital Partners. Sorted is a provider of SaaS-based shipping and fulfillment enablers for e-commerce. Sorted offers a platform that leverages data-driven solutions for delivery and carrier management, shipping, and delivery tracking. Sorted directs the online purchases to warehouses during checkout, for fulfillment and doorstep delivery. Sorted enables retailers to increase conversion rates, reduce abandoned carts and increase customer loyalty. Founded in 2010 by University of Cambridge alumni, Sorted has raised $101 million till date.

FinTech startup Pento, raised $35 million in a Series B funding round led by Tiger Global Management and Avid Ventures with participation from LocalGlobe, General Catalyst Partners, Latitude, and others. Pento is a provider of payroll management solutions. Pento offers payroll for wage payment and automated reporting, and its subscription plans include features like employee access to the platform, as well as profile and payslip management. Founded in 2016, London-based Pento has raised $54 million till date.

In another funding round, Easol, a Travel and Hospitality Tech startup, raised $25 million in a Series A funding round led by Tiger Global Management with participation from Foundation Capital, Notion, Y Combinator, and others. Easol is a provider of SaaS-based e-commerce software for travel businesses. Easol allows travel businesses to manage their business and sell directly through their own website with features like smart bookings, payments, marketing tools, multiple payment methods and digital branding. Founded in 2017, London-based Easol has raised $29 million till date.

Atom Learning, an EdTech startup, raised $25 million in a Series A funding round led by SoftBank Vision Fund. Atom Learning is the provider of an adaptive learning platform. Atom Learning offers tailored revision courses for the ISEB Common Pre-Tests, 11+, London Consortium, school-specific assessments, and KS2 preparation. Atom Learning includes various platforms such as 'Atom Nucleus', a personalised learning platform for students at home, and 'Atom Prime', a lesson planning and delivery platform for teachers in the classroom. Atom Learning includes adaptive learning, mock tests, and analytics. Founded in 2017 by University of Oxford alumni, London-based Atom Learning has raised $25 million till date.

London-based FinTech startup, Cassini Systems, raised $20 million in a Series B funding round led by Ten Coves Capital with participation from Mosaik Partners. Cassini Systems is the provider of a pre-trade platform for OTC trading and analytics. Cassini Systems offers products for margin calculation, trade obligation routing, lifetime cost analysis, tradeweb integration and limit checking. Founded in 2013, Cassini Systems has raised $20 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 10 exits during the week of 12 Dec 2021.

In a major acquisition, Cybersecurity startup Mimecast was acquired by Permira for $5 billion. Mimecast is a provider of cloud-based email security solutions. Mimecast identifies and drops suspicious connections and provides a zero-hour threat analysis to identify emerging threats. Mimecast includes features like message content filtering, policy-based email content, attachment and image filtering, as well as web and data security. Founded in 2003, London-based Mimecast has raised $83 million till date from Dawn Capital and Index Ventures.

Benevolent, a Life Sciences Tech startup, was acquired by Odyssey Acquisition. Benevolent is a developer of an AI-based platform for drug discovery and development. Benevolent provides machine-curated and proprietary insights about a disease. Benevolent also utilises AI models to identify targets, and to determine the right mechanism to modulate and identify patient genotypes for precision medicine. Founded in 2013, London-based Benevolent has raised $281 million till date from Temasek and Woodford Investment Management.

Leeds-based Tissuemed was acquired by Becton Dickinson. Tissuemed is a developer of bioadhesive films to prevent body fluid and air leakage during surgery. Tissuemed develops and markets synthetic, bioadhesive films to prevent leakage of air, blood, cerebrospinal and other body fluid during surgery. Tissuemed offers products with a patented polymer on one side for tissue surface-binding, and a non-adhesive layer on the other side for structural support, ease of handling and the prevention of post-surgical adhesions.Tissuemed’s TissuePatch films are resorbable and utilise polymers commonly used in other implants. Founded in 1985, Tissuemed has raised $12 million till date from the UK Government, Baird Capital and 3i.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Jobandtalent, Motorway, 1inch, and more. In exits, we will cover the acquisition of Seedrs by Republic.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $1 billion of funding across 33 funding rounds during this week.

In a major funding event, Jobandtalent raised $500 million in a Series E funding round led by Kinnevik and SoftBank Vision Fund with participation from DN Capital, Quadrille Capital, Atomico, and others. With this funding round, Jobandtalent has joined the coveted Unicorn Club in 2021. Jobandtalent was founded in 2009 by an ex-McKinsey employee and is based out of London. Jobandtalent is an on-demand staffing platform. Jobandtalent allows employers to post jobs, and find eligible candidate matches using screening criteria. Jobandtalent enables candidates to create professional profiles on the platform and to list job preferences. Jobandtalent facilitates search across job boards in order to find suitable job matches and notifies candidates each time a job matches their professional profile. Jobandtalent uses a matching algorithm to identify and recognise linguistic patterns within the structure and phrasing of job adverts and CVs.

London-based Auto Tech startup, Motorway, raised $190 million in a Series C funding round led by Index Ventures and ICONIQ Growth with participation from Unbound, Latitude and BMW i Ventures. Motorway is an online C2B auction-based marketplace for used cars. Motorway allows users to enter their vehicle registration number in order to receive a free online valuation. Motorway then provides users with offers from various car-buying sites based on the information provided and the initial valuation, with features like offer comparison, deal selection, and a free vehicle collection service for sellers. Founded in 2016 by University College London alumni, Motorway has raised $276 million till date.

FinTech startup 1inch raised $175 million in a Series B funding round and joined the Unicorn club. The funding round was led by Amber Group with participation from Jane Street, VanEck, Nexo, and others. 1inch is an online exchange and swapping platform for cryptocurrency. 1inch features a protocol that facilitates atomic transactions by utilising a range of protocols and performing argument validation and execution verification. 1inch provides an automated market maker that protects users from front-running attacks and offers capital efficiency to liquidity providers. 1inch provides a platform for users to exchange and swap digital assets and tokens. Founded in 2020, Tortola-based 1inch has raised $175 million till date.

In a major funding round, Quell, a Life Sciences startup, raised $156 million in a Series B funding round led by Ridgeback Capital Management, SV Health Investors, Fidelity Investments, Syncona and Jeito with participation from Monashee Investment Management, Tekla Capital Management, Janus Henderson Investors, and others. Quell is a developer of regulatory T cell therapies for immunological diseases. Quell develops regulatory T cell therapies that downregulate the immune system and can be used for disease management and treatment of multiple immunological conditions such as solid organ transplant rejection, autoimmune and inflammatory diseases. Founded in 2019, London-based Quell has raised $218 million till date.

HiiROC, an Energy Tech startup, raised $34 million in a Series A funding round from Kia Motors, Wintershall Dea, Hyundai Motor Company, and others. HiiROC is a provider of solutions for hydrogen generation and storage. HiiROC produces hydrogen through a plasma process that transforms methane into hydrogen and solid carbon, by splitting the hydrogen from the carbon in natural gas without combustion or oxygen. Founded in 2019, Hessle-based HiiROC has raised $34 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 10 exits during the week of 05 Dec 2021.

London-based Investment Tech startup, Seedrs, was acquired by Republic for $100 million. Seedrs is an equity-based crowdfunding platform focused on startups. Seedrs allows users to invest in tech and traditional sectors in exchange for shares of the company. Seedrs offers training sessions and guidelines to assist in investment decisions. Founded in 2012, Seedrs has raised $39 million till date from Augmentum, State Street, Woodford Investment Management, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Allica Bank, Payhawk, Ieso Digital Health, and more. In exits, we will cover the acquisition of Weezy by Getir, among others. Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $431 million of funding across 27 funding rounds during this week.

In a major funding round event, FinTech startup Allica Bank, raised $147.2 million in a Series B funding round led by Atalaya Capital Management and Warwick Capital Partners. Allica Bank is a digital bank for individuals and businesses. Allica Bank provides digital services like savings and current accounts, money transfers, business loans such as commercial mortgage and investment loans, bill payments, finance management, and more. Allica Bank also offers personal savings accounts for consumers. Founded in 2017, London-based Allica Bank has raised $180.8 million till date.

London-based FinTech startup, Payhawk, raised $112 million in a Series B funding round led by Greenoaks with participation from QED Investors and Earlybird Venture Capital. Payhawk offers corporate credit cards and expense management software for businesses. Payhawk provides both virtual and physical cards, and includes features such as automated data extraction from invoices and receipts, live budget tracking, invoices and notifications after each transaction, real-time reconciliation, and accounting integration. Payhawk allows users to set a spending limit, view expenses in real-time, send automatic reminders to employees for payment proof, and enable or disable ATM cash withdrawals. Payhawk is available on a monthly subscription basis, and its app is available on both Android and iOS platforms. Founded in 2018, Payhawk has raised $136.2 million till date.

HealthTech startup, Ieso Digital Health, raised $53 million in a Series C funding round led by Morningside Group with participation from Sony Innovation Fund, IP Group, Ananda Impact Ventures, and others. Ieso Digital Health is the provider of an online platform for mental health therapy. Ieso Digital Health provides a secure virtual environment for patients, and a platform for written communication with accredited therapists. Ieso Digital Health also includes features such as patient appointment management, KPI data collection and reporting on progress and outcomes for providers. Ieso Digital Health caters to individuals, healthcare professionals and businesses. Founded in 2011, Ieso Digital Health has raised $89.1 million till date. 

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 11 exits during the week of 28 Nov 2021.

London-based online grocery platform, Weezy, was acquired by Getir. Weezy is the provider of an app for on-demand grocery ordering and delivery services. Weezy enables users to order bakery products, beverages, household goods, fruits and vegetables, meat and seafood, frozen foods, and more. Weezy's app is available across both Android and iOS platforms. Founded in 2019, Weezy has raised $21.3 million till date from Left Lane, DN Capital, Heartcore Capital, and others.

InsurTech startup, Insurwave, was acquired by Incubex. Insurwave is a blockchain-enabled software suite for the marine insurance industry. Insurwave offers solutions for risk management, data management, data exchange, capital and client management, and more. Insurwave also provides blockchain-enabled insurance processes using smart contracts and the Proof-of-Concept consensus mechanism. Founded in 2018, London-based Insurwave has raised $6.4 million till date.

Entale, a London-based Radio Tech startup, was acquired by DMGT. Entale is a UK-based podcast network. Entale allows content creators to create and distribute podcasts, monetise content through advertisements and subscription plans, and add proprietary media and metadata. Entale allows users to listen to stories based on their interests, and provides data and engagement metrics to publishers. Founded in 2017, Entale has raised $2.5 million till date from Ascension and DMG Ventures. 

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Ultraleap, OTA Insight, Tevva, and more. In exits, we will cover the acquisition of EVRYTHNG by Digimarc among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $380 million of funding across 33 funding rounds during this week.

Haptic technology startup, Ultraleap, raised $82 million in a Series D funding round led by Tencent with participation from IP Group, Mayfair Equity, CMB International, and others. Ultraleap is a provider of spatial interaction technology solutions. Ultraleap offers a haptic module that enables users to integrate virtual touch, and an optical hand tracking module that can capture the user's hand movements with unparalleled accuracy & near-zero latency. UltraLeap also offers an application called TouchFree, which enables the addition of touchless gesture control to interactive screens. Ultraleap's software application runs on an interactive kiosk or advertising totem, and has the capability to detect mid-air hand gestures, and convert them to an on-screen cursor. Founded in 2019, Bristol-based startup Ultraleap has raised $190 million till date.

Travel and Hospitality Tech startup, OTA Insight, raised $80 million in a Series B funding round led by Spectrum Equity with participation from F-Prime Capital and Eight Roads Ventures. OTA Insight offers cloud-based revenue management solutions for accommodation providers. OTA Insight offers software with features like rate intelligence, pricing summary reports across online portals, demand forecasting, events tracking, ranking, and review analytics to hotels, apartments, resorts, and hostels. Founded in 2012, London-based OTA Insight has raised $102.9 million till date.

Chelmsford-based electric vehicles startup, Tevva, raised $57 million in a Series B funding round. Tevva is a developer of cloud-enabled conversion kits for commercial vehicles. Tevva provides modular systems for the electrification of ICE-based medium-duty commercial vehicles like trucks. Tevva's electrification kits include features like an integrated platform, battery and high voltage distribution systems, vehicle control and diagnostics, as well as a range extender. Founded in 2013, Tevva has raised $90 million till date.

HealthTech startup, Synthace, raised $35 million in a Series C funding round led by Horizons Ventures and Sofinnova Partners. Synthace is the provider of a SaaS-based laboratory automation software for researchers. Synthace has developed automation products such as Antha which has the ability to automate experiments in a laboratory. Synthace's system is an interoperable software that checks for errors, and can be reprogrammed for the handling of liquid matters in biological experiments. Founded in 2011, London-based Synthace has raised $80.3 million till date.

Gambling tech startup, BetDEX, raised $21 million in a Seed funding round led by Paradigm and FTX with participation from Sino Global Capital, Lightspeed Venture Partners, Multicoin Capital, and others. BetDEX is the provider of a blockchain-based sports betting platform. BetDEX allows users to place bets on multiple sports using cryptocurrency. Founded in 2005, Glasgow-based BetDEX has raised $21 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 10 exits during the week of 21 Nov 2021.

London-based Internet of Things startup, EVRYTHNG, was acquired by Digimarc. EVRYTHNG is a provider of an IoT platform for industrial applications. EVRYTHNG offers Product Cloud, a platform that enables users to access real-time and actionable information on various connected products. EVRYTHNG provides real-time tracking and analytics solutions, and enables customers to connect to their products and follow individual items through the value chain. EVRYTHNG uses technologies like the Internet of Things, blockchain, machine learning and big data analytics, with applications in the apparel, CGP and beauty sectors, among others. Founded in 2011, EVRYTHNG has raised $108.8 million till date from Read Capital, Vayner/RSE, Advance, and others.  

Video creation tools startup, Kamua, was acquired by Jellysmack. Kamua offers a SaaS-based video editing platform. Kamua allows users to edit, resize, and caption videos using its software. Kamua's product AutoCut allows users to create videos automatically, and enables them to share these videos on various platforms like Instagram, Snapchat, and more. Founded in 2019, London-based Kamua has raised $1.7 million till date from HT Ventures, Dennis Gillespie, Jean Marie Ruffieux, and others.

London-based cybersecurity startup, Keyless, was acquired by Sift. Keyless is a provider of cloud-based biometric authentication and identity management solutions. Keyless provides a facility to authenticate users without revealing their biometrics or their cryptographic keys. Keyless supports several biometric modalities such as face recognition, fingerprints, and iris recognition. Keyless can be used to provide multi-factor authentication solutions in sectors such as finance & banking, real estate & automotive, and governance. Founded in 2019, Keyless has raised $12.6 million till date from Robot Ventures, Shin Global, Maire Investments, and others.  

Online gifting startup, Paladone, was acquired by IVEST Consumer Partners. Paladone designs and retails giftware online. Paladone is a platform that enables users to purchase gift items online, such as art and craft, homeware, puzzles, gaming consoles, drinkware, accessories and beauty products from various brands such as Nintendo, FRIENDS, Hasbro, and more. Founded in 1994, Paladone has raised $18.1 million till date from LDC and IVEST Consumer Partners.  

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.

In this edition, we will cover funding rounds of Plastic Energy, Zilch, Ometria, and more. In exits, we will cover the acquisition of CurrentBody by eComplete among others.

Starting with our deep dive into funding rounds, tech companies in the United Kingdom raised around $480.7 million of funding across 22 funding rounds during this week.

In a major funding event London-based FinTech startup, Zilch raised $110 million in a Series C funding round and joined the Unicorn club at the valuation of $2 billion. The funding round was led by Ventura Capital, Gauss Ventures. Zilch offers an online lending platform for purchase financing. Zilch enables users to purchase online and offline products or services on partnered brands and allows them to make payments on an installment basis. Zilch also offers a virtual credit card for making purchases.

In another major funding round London-based Environment Tech startup, Plastic Energy raised $167.7 million in a Series A funding round from LetterOne, M&G, and Axens. Plastic Energy is a waste plastic to fuel production company. Plastic Energy recycles end-of-life plastic waste into synthetic hydrocarbon fuels, oils, and food-grade plastic materials. Plastic Energy has developed a patented technology called thermal anaerobic conversion in which waste plastic is heated in the absence of oxygen to form saturated hydrocarbon vapor which is distilled to produce naphtha and diesel. Plastic Energy claims that the technology can produce 850-litres of oil from 1-tonne of plastic materials. Founded in 2017, Plastic Energy has raised $167.7 million till date.

Cambridge-based Life Sciences startup, bit.bio raised $103 million in a Series B funding round led by Resilience, Puhua Capital, Charles River Laboratories, Metaplanet, and Tencent with participation from Foresite Capital, and Arch Venture Partners. bit.bio has developed a platform for synthetic and stem cell therapies. bit.bio’s product includes human-induced skeletal myocytes and human-induced glutamic neurons used in research, drug discovery, and cell therapy. The opti-ox technology helps in the reprogramming of stem cells by activating specific transcription factors within the cells. Founded in 2016 by Stanford University alumni and University of Cambridge alumni, bit.bio has raised $144.5 million till date.

Another London Based eCommerce startup, Ometria raised $40 million in a Series C funding round led by InfraVia Capital Partners, and Columbia Lake Partners with participation from Sonae IM, Summit Action, and Adjuvo. Ometria is an eCommerce intelligence solution for online retailers. Ometria offers an analytics engine to keep track of customers and products, customizable dashboards covering KPI tracking, customer lifetime value, detailed product, and category insights, and funnel analysis of the customer journey across multiple channels. Ometria offers a subscription-based pricing model. Founded in 2013 by University of Cambridge alumni, Ometria has raised $75 million till date.

Stevenage-based Life Sciences startup, Gyroscope raised $40 million in a Series C funding round led by Sanofi. Gyroscope has developed gene therapies for eye diseases. Gyroscope focuses on a retinal disease, age-related macular degeneration. Gyroscope’s lead product, GT005, is a novel retinal gene therapy aiming at delivering a targeted, one-off treatment for the progressive visual impairment caused by dry AMD in patients by locally modulating complement activity. Founded in 2016,  Gyroscope has raised $255 million till date.

A fourth London-based, Enterprise Infrastructure startup, Blink raised $20 million in a Series A funding round led by Next47 with participation from Techstars, and Partech Partners. Blink is a cloud-based platform for empowering and protecting frontline workers such as essential nurses, bus drivers, construction workers, and supply chain operators. Users can search messages, emails, files, application data, and calendars all in one place. Blink offers digitized tools to protect and equip frontline workers through a single platform. Founded in 2014, Blink has raised $30.7 million till date.

This was all from the funding updates, moving on to the exits. United Kingdom Tech observed 5 exits during the week of 14 Nov 2021.

Cheadle Hulme-based Beauty Tech CurrentBody was acquired by eComplete for $67.5 million. CurrentBody is an online retailer of electronic appliances for beauty care.CurrentBody mostly covers electrical muscle stimulation devices that have capabilities like slimming, facial toning, detoxing, and more. CurrentBody's products include devices like hand-held lasers, light-based devices, radio frequency and sonic rotating cleansing brushes, and more. Founded in 2009, CurrentBody has raised $20.1 million till date from NVM Private Equity, Business Growth Fund, and Mercia.

London-based computer vision Startup, ThirdEye was acquired by Standard. ThirdEye provides an AI-enabled visual inspection tool for retail stores. ThirdEye's solutions include concealment detector, social distance detector, checkout theft detector, and scan-as-you-go theft. ThirdEye works on both iOS and Android devices. Founded in 2016, ThirdEye has raised $2.6 million till date from Plug and Play Tech Center, True Global, and Octopus Ventures.

Another London-based business intelligence Startup Cube19 was acquired by Bullhorn. Cube19 provides a visual analytics solution that accelerates business performance and drives fact-based decision-making by turning complex data into simple pictures. Cube19 provides analytics to recruiters and sales teams which results in users at all levels of business taking real-time actions to improve the likelihood they will meet their financial targets. Founded in 2011, Cube19 has raised $1.8 million to date from ADG, and BOOST&Co.

A third London-based interactive video platform, WIREWAX was acquired by Vimeo. WIREWAX is a cloud-based software tool to create shoppable and interactive videos. WIREWAX allows users to add intuitive tracking tags to people and objects in videos. WIREWAX also enables users to add information, links, images, and dynamic applications. Founded in 2009, WIREWAX has raised $5.4 million till date from Passion Capital, Plug and Play Tech Center, JOBI CAPITAL, Stefan Glaenzer, Douglas Crisman, Robert Dighero, and others.

This was all for today, we will be back next Monday with more updates. You can subscribe to our podcast on Google Podcasts to stay updated. If you have any feedback, please reachout to us at podcast@tracxn.com. Thank you for tuning in today, see you next week.