{ "as_of": "2026-10-29", "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS)", "fx_url": "https://www.bankofengland.co.uk/boeapps/database/", "rows": [ { "id": "DEAL-LC-140", "date": "2026-10-29", "year": "2026", "kind": "funding_round", "company_text": "i23 (new)", "company_id": "BIZ-SU-FIN-804", "counterparty": "Four Cities Capital (joint lead); Outward VC; Seedcamp; Insiders Ventures", "amount": 4900000, "amount_text": "4900000", "currency": "GBP", "valuation_reported": null, "summary": "Seed for an AI-native insurance broker whose fundraising tech.eu attributes to former UK government minister Afolami.", "sources_text": "https://tech.eu/2026/10/29/former-uk-government-minister-afolami-raises-ps5m-for-ai-insurance-broker-startup — \"The startup has raised £4.9m in seed funding, according to Sky News, which first reported the news.\" (trade, tech.eu)", "source_urls": [ "https://tech.eu/2026/10/29/former-uk-government-minister-afolami-raises-ps5m-for-ai-insurance-broker-startup" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-10-29", "date_sort": "2026-10-29", "before_ledger_start": false, "amount_gbp": 4900000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4.9m", "gbp_txt": "£4.9m", "show": true }, { "id": "DEAL-SU-FIN-032", "date": "2026-10-22", "year": "2026", "kind": "major_contract", "company_text": "Quantexa (BIZ-SU-FIN-004)", "company_id": "BIZ-SU-FIN-004", "counterparty": "Insolvency Service", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Selected to build a data and AI foundation against economic crime; value not given on the listing", "sources_text": "https://www.quantexa.com/press/ — \"Quantexa selected by the Insolvency Service to build a sovereign data and AI foundation to fight economic crime\"", "source_urls": [ "https://www.quantexa.com/press/" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-10-22", "date_sort": "2026-10-22", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-LC-114", "date": "2026-08-11", "year": "2026", "kind": "funding_round", "company_text": "Model ML (new)", "company_id": "BIZ-SU-FIN-605", "counterparty": "HSBC Asset Management", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Undisclosed venture investment in vertical AI software for financial services.", "sources_text": "https://www.uktech.news/fintech/hsbc-model-ml-investment-20260811 — \"develops vertical AI software designed to automate complex, multi-step workflows\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/fintech/hsbc-model-ml-investment-20260811" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-08-11", "date_sort": "2026-08-11", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-LC-107", "date": "2026-07-28", "year": "2026", "kind": "acquisition", "company_text": "Plus Group (new)", "company_id": "BIZ-SU-FIN-607", "counterparty": "Tavistock Investments plc (87.9%)", "amount": 16000000, "amount_text": "16000000", "currency": "GBP", "valuation_reported": null, "summary": "Tavistock agreed to buy 87.9% of a Liverpool maker of AI agents for financial advisers; up to £16m including deferred sums.", "sources_text": "https://businesscloud.co.uk/live-blog/16m-takeover-deal-for-liverpool-firm-behind-ai-agents/ — \"A £16 million takeover deal has been agreed … which creates AI agents for financial advisory firms\" (trade, BusinessCloud)", "source_urls": [ "https://businesscloud.co.uk/live-blog/16m-takeover-deal-for-liverpool-firm-behind-ai-agents/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-07-28", "date_sort": "2026-07-28", "before_ledger_start": false, "amount_gbp": 16000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£16m", "gbp_txt": "£16m", "show": true }, { "id": "DEAL-INV-2032", "date": "2026-06-19", "year": "2026", "kind": "funding_round", "company_text": "Flagright", "company_id": "BIZ-SU-FIN-013", "counterparty": "Infinity Ventures, Sella Direct Ventures, Frontline, Y Combinator", "amount": null, "amount_text": "9.3m", "currency": "GBP", "valuation_reported": null, "summary": "Flagright (AI financial-crime compliance) raised £9.3m (Series A), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-conduct-flagright-20260619 — \"AI operating system for financial crime compliance\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-conduct-flagright-20260619" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-06-19 (week ending)", "date_sort": "2026-06-19", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "9.3m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "9.3m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-030", "date": "2026-06-18", "year": "2026", "kind": "funding_round", "company_text": "Flagright (BIZ-SU-FIN-013)", "company_id": "BIZ-SU-FIN-013", "counterparty": "Infinity Ventures; Sella Direct Ventures", "amount": 12500000, "amount_text": "12500000", "currency": "USD", "valuation_reported": null, "summary": "Series A", "sources_text": "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618 — \"$12.5m (£9.3m)\"", "source_urls": [ "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-06-18", "date_sort": "2026-06-18", "before_ledger_start": false, "amount_gbp": 9431827, "fx_rate": 1.3253, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3253 per £ on 2026-06-18", "fx_date": "2026-06-18", "fx_note": "", "txt": "US$12.5m", "gbp_txt": "£9.4m", "show": true }, { "id": "DEAL-SU-FIN-2014", "date": "2026-06-18", "year": "2026", "kind": "funding_round", "company_text": "Flagright", "company_id": "BIZ-SU-FIN-013", "counterparty": "Infinity Ventures (with Sella Direct Ventures, Frontline, Y Combinator)", "amount": null, "amount_text": "12,500,000 (£9.3m)", "currency": "USD", "valuation_reported": null, "summary": "Series A for AI financial-crime compliance system.", "sources_text": "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618 (trade) — \"The Series A was led by Infinity Ventures, with participation from Sella Direct Ventures\"", "source_urls": [ "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-06-18", "date_sort": "2026-06-18", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_as_written": "12,500,000 (£9.3m)", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "12,500,000 (£9.3m) USD", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-2019", "date": "2026-06-12", "year": "2026", "kind": "funding_round", "company_text": "Capsa AI", "company_id": "BIZ-SU-FIN-024", "counterparty": "investors not named as lead", "amount": 13400000, "amount_text": "13,400,000", "currency": "GBP", "valuation_reported": null, "summary": "Series A for AI operating system for private capital funds.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-physicsx-to-record-os-20260612 (trade) — \"builds an AI operating system for private capital funds\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-physicsx-to-record-os-20260612" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-06-12", "date_sort": "2026-06-12", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 13400000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£13.4m", "gbp_txt": "£13.4m", "show": true }, { "id": "DEAL-INV-2034", "date": "2026-06-12", "year": "2026", "kind": "funding_round", "company_text": "Capsa AI", "company_id": "BIZ-SU-FIN-024", "counterparty": "TX Ventures, Pivot Investment Partners, Bek Ventures, Antler and others", "amount": null, "amount_text": "13.4m", "currency": "GBP", "valuation_reported": null, "summary": "Capsa AI (AI system for private capital funds) raised £13.4m (Series A), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-physicsx-to-record-os-20260612 — \"builds an AI operating system for private capital funds\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-physicsx-to-record-os-20260612" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-06-12 (week ending)", "date_sort": "2026-06-12", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "13.4m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "13.4m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-LC-098", "date": "2026-06-11", "year": "2026", "kind": "funding_round", "company_text": "Capsa AI (BIZ-SU-FIN-024)", "company_id": "BIZ-SU-FIN-024", "counterparty": "TX Ventures; Pivot Investment Partners (co-leads); Bek Ventures, Antler, Outward VC", "amount": 18000000, "amount_text": "18000000", "currency": "USD", "valuation_reported": null, "summary": "Series A for an agentic AI platform for private capital funds.", "sources_text": "https://www.uktech.news/ai/capsa-ai-secures-13-4m-to-build-ai-platform-for-private-capital-20260611 — \"has raised $18m (£13.4m) in Series A funding\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/ai/capsa-ai-secures-13-4m-to-build-ai-platform-for-private-capital-20260611" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-06-11", "date_sort": "2026-06-11", "before_ledger_start": false, "amount_gbp": 13505402, "fx_rate": 1.3328, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3328 per £ on 2026-06-11", "fx_date": "2026-06-11", "fx_note": "", "txt": "US$18m", "gbp_txt": "£13.5m", "show": true }, { "id": "DEAL-SU-FIN-029", "date": "2026-06-04", "year": "2026", "kind": "funding_round", "company_text": "Aveni (BIZ-SU-FIN-010)", "company_id": "BIZ-SU-FIN-010", "counterparty": "PXN Ventures", "amount": 12000000, "amount_text": "12000000", "currency": "GBP", "valuation_reported": null, "summary": "Round with Puma, Lloyds Banking Group, Nationwide, Scottish Enterprise", "sources_text": "https://edinburgh-innovations.ed.ac.uk/news/fintech-startup-aveni-announces-12m-raise — \"£12 million\"; https://www.digit.fyi/digit-deal-roundup-june-2026/ — £12m led by PXN Ventures", "source_urls": [ "https://edinburgh-innovations.ed.ac.uk/news/fintech-startup-aveni-announces-12m-raise", "https://www.digit.fyi/digit-deal-roundup-june-2026/" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-06-04", "date_sort": "2026-06-04", "before_ledger_start": false, "amount_gbp": 12000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£12m", "gbp_txt": "£12m", "show": true }, { "id": "DEAL-SU-FIN-031", "date": "2026-06", "year": "2026", "kind": "investment_pledge", "company_text": "Financial Regulation Innovation Lab (BIZ-SU-FIN-036)", "company_id": "BIZ-SU-FIN-036", "counterparty": "Scottish Enterprise", "amount": 3180000, "amount_text": "3180000", "currency": "GBP", "valuation_reported": null, "summary": "Three years of programme funding", "sources_text": "https://www.digit.fyi/digit-deal-roundup-june-2026/ — £3.18m from Scottish Enterprise", "source_urls": [ "https://www.digit.fyi/digit-deal-roundup-june-2026/" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-06", "date_sort": "2026-06-00", "before_ledger_start": false, "amount_gbp": 3180000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£3.2m", "gbp_txt": "£3.2m", "show": true }, { "id": "DEAL-SU-FIN-2020", "date": "2026-05-15", "year": "2026", "kind": "funding_round", "company_text": "Elliptic", "company_id": "BIZ-SU-FIN-038", "counterparty": "investors listed: One Peak, Nasdaq Ventures, Deutsche Bank, British Business Bank (lead not stated)", "amount": 88800000, "amount_text": "88,800,000", "currency": "GBP", "valuation_reported": null, "summary": "Series D for blockchain analytics and compliance platform.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515 (trade) — \"is a blockchain analytics and compliance platform\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-05-15", "date_sort": "2026-05-15", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 88800000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£88.8m", "gbp_txt": "£88.8m", "show": true }, { "id": "DEAL-SU-FIN-2022", "date": "2026-05-15", "year": "2026", "kind": "funding_round", "company_text": "Fifth Dimension", "company_id": "BIZ-SU-FIN-012", "counterparty": "investors listed: HV Capital, Prudence, Mercia, MMC, AFG, Speedinvest, Seedcamp, Anthemis (lead not stated)", "amount": 19200000, "amount_text": "19,200,000", "currency": "GBP", "valuation_reported": null, "summary": "Series A for decision intelligence platform (check Fifth Dimension's sub-page).", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515 (trade) — \"is building a decision intelligence platform\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-05-15", "date_sort": "2026-05-15", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 19200000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£19.2m", "gbp_txt": "£19.2m", "show": true }, { "id": "DEAL-INV-2048", "date": "2026-05-15", "year": "2026", "kind": "funding_round", "company_text": "Fifth Dimension", "company_id": "BIZ-SU-FIN-012", "counterparty": "HV Capital, Prudence, Mercia, MMC and others", "amount": null, "amount_text": "19.2m", "currency": "GBP", "valuation_reported": null, "summary": "Fifth Dimension (AI decision platform (sector labelled AI)) raised £19.2m (Series A), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515 — \"is building a decision intelligence platform\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-05-15 (week ending)", "date_sort": "2026-05-15", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "19.2m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "19.2m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-028", "date": "2026-05-14", "year": "2026", "kind": "major_contract", "company_text": "Quantexa (BIZ-SU-FIN-004)", "company_id": "BIZ-SU-FIN-004", "counterparty": "HM Revenue and Customs", "amount": 175000000, "amount_text": "175000000", "currency": "GBP", "valuation_reported": null, "summary": "Ten-year data and AI partnership", "sources_text": "https://www.quantexa.com/press/quantexa-selected-by-hmrc-for-landmark-pound175m-sovereign-data-and-ai-transformation/ — \"£175 million\" … \"10-year partnership\"", "source_urls": [ "https://www.quantexa.com/press/quantexa-selected-by-hmrc-for-landmark-pound175m-sovereign-data-and-ai-transformation/" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-05-14", "date_sort": "2026-05-14", "before_ledger_start": false, "amount_gbp": 175000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£175m", "gbp_txt": "£175m", "show": true }, { "id": "DEAL-SU-FIN-035", "date": "2026-05-13", "year": "2026", "kind": "funding_round", "company_text": "BIZ-SU-FIN-038 Elliptic", "company_id": "BIZ-SU-FIN-038", "counterparty": "One Peak", "amount": 120000000, "amount_text": "120000000", "currency": "USD", "valuation_reported": null, "summary": "Series D with Nasdaq Ventures, Deutsche Bank, British Business Bank (£13m)", "sources_text": "https://www.uktech.news/crypto/blockchain-analytics-platform-elliptic-secures-88-8m-20260513 — \"enterprise grade, AI-native platform\"", "source_urls": [ "https://www.uktech.news/crypto/blockchain-analytics-platform-elliptic-secures-88-8m-20260513" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-05-13", "date_sort": "2026-05-13", "before_ledger_start": false, "amount_gbp": 88796803, "fx_rate": 1.3514, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3514 per £ on 2026-05-13", "fx_date": "2026-05-13", "fx_note": "", "txt": "US$120m", "gbp_txt": "£88.8m", "show": true }, { "id": "DEAL-SU-FIN-027", "date": "2026-05-12", "year": "2026", "kind": "funding_round", "company_text": "Fifth Dimension (BIZ-SU-FIN-012)", "company_id": "BIZ-SU-FIN-012", "counterparty": "HV Capital", "amount": 26000000, "amount_text": "26000000", "currency": "USD", "valuation_reported": null, "summary": "Series A", "sources_text": "https://www.uktech.news/ai/fifth-dimension-raises-19-2m-to-scale-its-decision-intelligence-platform-20260512 — \"$26m (£19.2m)\"", "source_urls": [ "https://www.uktech.news/ai/fifth-dimension-raises-19-2m-to-scale-its-decision-intelligence-platform-20260512" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-05-12", "date_sort": "2026-05-12", "before_ledger_start": false, "amount_gbp": 19223660, "fx_rate": 1.3525, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3525 per £ on 2026-05-12", "fx_date": "2026-05-12", "fx_note": "", "txt": "US$26m", "gbp_txt": "£19.2m", "show": true }, { "id": "DEAL-LC-086", "date": "2026-04-14", "year": "2026", "kind": "funding_round", "company_text": "Ralio (new)", "company_id": "BIZ-SU-FIN-608", "counterparty": "Sure Valley Ventures (lead); Seed X, Love Ventures, Plug and Play, Antler and others", "amount": 1800000, "amount_text": "1800000", "currency": "GBP", "valuation_reported": null, "summary": "Oversubscribed pre-seed for a payments layer built for AI agents.", "sources_text": "https://www.uktech.news/ai/ralio-raises-1-8m-for-its-agentic-business-payments-platform-20260414 — \"Ralio, the payments platform purpose-built for AI agents, has secured a £1.8m pre-seed funding round.\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/ai/ralio-raises-1-8m-for-its-agentic-business-payments-platform-20260414" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-04-14", "date_sort": "2026-04-14", "before_ledger_start": false, "amount_gbp": 1800000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.8m", "gbp_txt": "£1.8m", "show": true }, { "id": "DEAL-SU-FIN-2015", "date": "2026-04-14", "year": "2026", "kind": "funding_round", "company_text": "Ralio", "company_id": "BIZ-SU-FIN-608", "counterparty": "Sure Valley Ventures (with Seed X, Love Ventures, Plug and Play, rule30, Antler and others)", "amount": 1800000, "amount_text": "1,800,000", "currency": "GBP", "valuation_reported": null, "summary": "Pre-seed for agentic business payments platform.", "sources_text": "https://www.uktech.news/ai/ralio-raises-1-8m-for-its-agentic-business-payments-platform-20260414 (trade) — \"has secured a £1.8m pre-seed funding round\"", "source_urls": [ "https://www.uktech.news/ai/ralio-raises-1-8m-for-its-agentic-business-payments-platform-20260414" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-04-14", "date_sort": "2026-04-14", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 1800000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.8m", "gbp_txt": "£1.8m", "show": true }, { "id": "DEAL-LC-085", "date": "2026-04-13", "year": "2026", "kind": "funding_round", "company_text": "Round (new)", "company_id": "BIZ-SU-FIN-706", "counterparty": "Alstin Capital (lead); Backed VC; Love Ventures; Passion Capital and others", "amount": 6000000, "amount_text": "6000000", "currency": "USD", "valuation_reported": null, "summary": "Seed for AI-powered finance back-office automation with an agentic workflow builder.", "sources_text": "https://tech.eu/2026/04/13/round-raises-6m-to-scale-its-ai-powered-finance-automation-platform/ — \"has raised $6 million in seed funding to accelerate the development of its financial infrastructure\" (trade, tech.eu)", "source_urls": [ "https://tech.eu/2026/04/13/round-raises-6m-to-scale-its-ai-powered-finance-automation-platform/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-04-13", "date_sort": "2026-04-13", "before_ledger_start": false, "amount_gbp": 4457321, "fx_rate": 1.3461, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3461 per £ on 2026-04-13", "fx_date": "2026-04-13", "fx_note": "", "txt": "US$6m", "gbp_txt": "£4.5m", "show": true }, { "id": "DEAL-INV-2104", "date": "2026-04-13", "year": "2026", "kind": "funding_round", "company_text": "Round", "company_id": "BIZ-SU-FIN-706", "counterparty": "Alstin Capital, Backed VC, Love Ventures", "amount": null, "amount_text": "6m", "currency": "USD", "valuation_reported": null, "summary": "Round (AI finance automation) raised $6m (Seed), reported by tech.eu.", "sources_text": "https://tech.eu/2026/04/13/round-raises-6m-to-scale-its-ai-powered-finance-automation-platform/ — \"an AI-powered finance automation platform\" (trade)", "source_urls": [ "https://tech.eu/2026/04/13/round-raises-6m-to-scale-its-ai-powered-finance-automation-platform/" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-04-13", "date_sort": "2026-04-13", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_as_written": "6m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "6m USD", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-2023", "date": "2026-04-03", "year": "2026", "kind": "funding_round", "company_text": "9fin", "company_id": "BIZ-SU-FIN-601", "counterparty": "investors listed: HarbourVest, CPP Investments, Redalpine, Highland Europe, Spark Capital, Seedcamp (lead not stated)", "amount": 130000000, "amount_text": "130,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Series C for AI debt-intelligence platform.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-9fin-to-riplo-20260402 (trade) — \"an AI-powered debt intelligence platform\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-9fin-to-riplo-20260402" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-04-03", "date_sort": "2026-04-03", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 130000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£130m", "gbp_txt": "£130m", "show": true }, { "id": "DEAL-INV-2056", "date": "2026-04-03", "year": "2026", "kind": "funding_round", "company_text": "9fin", "company_id": "BIZ-SU-FIN-601", "counterparty": "HarbourVest, Canada Pension Plan Investment Board, Redalpine, Highland Europe and others", "amount": null, "amount_text": "130m", "currency": "GBP", "valuation_reported": null, "summary": "9fin (AI debt-market intelligence) raised £130m (Series C), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-9fin-to-riplo-20260402 — \"is an AI-powered debt intelligence platform\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-9fin-to-riplo-20260402" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-04-03 (week ending)", "date_sort": "2026-04-03", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "130m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "130m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-026", "date": "2026-03-25", "year": "2026", "kind": "funding_round", "company_text": "Eunice (BIZ-SU-FIN-023)", "company_id": "BIZ-SU-FIN-023", "counterparty": "Moonfire Ventures; Speedinvest", "amount": 8000000, "amount_text": "8000000", "currency": "USD", "valuation_reported": null, "summary": "Round for AI due-diligence agents", "sources_text": "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325 — \"$8m (£6m)\"", "source_urls": [ "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-03-25", "date_sort": "2026-03-25", "before_ledger_start": false, "amount_gbp": 5982650, "fx_rate": 1.3372, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3372 per £ on 2026-03-25", "fx_date": "2026-03-25", "fx_note": "", "txt": "US$8m", "gbp_txt": "£6m", "show": true }, { "id": "DEAL-SU-FIN-2018", "date": "2026-03-25", "year": "2026", "kind": "funding_round", "company_text": "Eunice", "company_id": "BIZ-SU-FIN-023", "counterparty": "Moonfire Ventures and Speedinvest (with Openspace Ventures, angels)", "amount": null, "amount_text": "8,000,000 (£6m)", "currency": "USD", "valuation_reported": null, "summary": "Funding round for due-diligence infrastructure for regulated markets.", "sources_text": "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325 (trade) — \"a company building due diligence infrastructure for regulated markets\"", "source_urls": [ "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-03-25", "date_sort": "2026-03-25", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_as_written": "8,000,000 (£6m)", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "8,000,000 (£6m) USD", "gbp_txt": "", "show": true }, { "id": "DEAL-LC-079", "date": "2026-03-11", "year": "2026", "kind": "funding_round", "company_text": "Outpost (new)", "company_id": "BIZ-SU-FIN-606", "counterparty": "Ribbit (lead); Better Tomorrow Ventures; angels", "amount": 17500000, "amount_text": "17500000", "currency": "USD", "valuation_reported": null, "summary": "Series A for an AI engine that applies tax and customs rules for cross-border merchants.", "sources_text": "https://www.uktech.news/ecommerce/revolut-investor-backs-ai-cross-border-merchant-startup-20260311 — \"has secured a $17.5m (£13m) Series A investment led by Revolut backer Ribbit.\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/ecommerce/revolut-investor-backs-ai-cross-border-merchant-startup-20260311" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-03-11", "date_sort": "2026-03-11", "before_ledger_start": false, "amount_gbp": 13061651, "fx_rate": 1.3398, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3398 per £ on 2026-03-11", "fx_date": "2026-03-11", "fx_note": "", "txt": "US$17.5m", "gbp_txt": "£13.1m", "show": true }, { "id": "DEAL-RG-004", "date": "2026-03", "year": "2026", "kind": "funding_round", "company_text": "Earth Blox (new) BIZ-SU-FIN-401", "company_id": "BIZ-SU-FIN-401", "counterparty": "PXN Ventures", "amount": 6000000, "amount_text": "6000000", "currency": "GBP", "valuation_reported": null, "summary": "Round with Scottish Enterprise and Archangels", "sources_text": "https://www.digit.fyi/digit-deal-roundup-march-2026/ — \"combining satellite, environmental, and portfolio data with AI-powered analysis\"", "source_urls": [ "https://www.digit.fyi/digit-deal-roundup-march-2026/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-03", "date_sort": "2026-03-00", "before_ledger_start": false, "amount_gbp": 6000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£6m", "gbp_txt": "£6m", "show": true }, { "id": "DEAL-LC-077", "date": "2026-02-19", "year": "2026", "kind": "funding_round", "company_text": "Stacks (new)", "company_id": "BIZ-SU-FIN-610", "counterparty": "Lightspeed Ventures (lead); EQT Ventures; General Catalyst; S16VC", "amount": 23000000, "amount_text": "23000000", "currency": "USD", "valuation_reported": null, "summary": "Series A for an agentic AI platform for enterprise finance teams.", "sources_text": "https://www.uktech.news/fintech/stacks-ai-finance-series-a-20260219 — \"Stacks, an agentic platform for enterprise finance, has raised a $23m (£17m) Series A funding round.\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/fintech/stacks-ai-finance-series-a-20260219" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2026-02-19", "date_sort": "2026-02-19", "before_ledger_start": false, "amount_gbp": 17095288, "fx_rate": 1.3454, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3454 per £ on 2026-02-19", "fx_date": "2026-02-19", "fx_note": "", "txt": "US$23m", "gbp_txt": "£17.1m", "show": true }, { "id": "DEAL-LC-061", "date": "2025-12-03", "year": "2025", "kind": "funding_round", "company_text": "Crediflow AI (new)", "company_id": "BIZ-SU-FIN-803", "counterparty": "PXN Ventures (PraeSeed programme)", "amount": 200000, "amount_text": "200000", "currency": "GBP", "valuation_reported": null, "summary": "PraeSeed investment for AI that automates credit analysis for lenders.", "sources_text": "https://businesscloud.co.uk/news/8-startups-funded-by-pxns-praeseed-programme/ — \"AI-driven FinTech solution, designed to automate time-intensive steps in the credit analysis\" (trade, BusinessCloud)", "source_urls": [ "https://businesscloud.co.uk/news/8-startups-funded-by-pxns-praeseed-programme/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2025-12-03", "date_sort": "2025-12-03", "before_ledger_start": false, "amount_gbp": 200000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£200,000", "gbp_txt": "£200,000", "show": true }, { "id": "DEAL-SU-FIN-2012", "date": "2025-11-14", "year": "2025", "kind": "funding_round", "company_text": "adclear.ai (Adclear)", "company_id": "BIZ-SU-FIN-2012", "counterparty": "investors listed: Outward VC, AFG Partners, Tenity, Haatch, Force Over Mass Capital, angels (lead not stated)", "amount": 2100000, "amount_text": "2,100,000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114 (trade) — \"has developed an AI-powered platform that automates compliance checks\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2025-11-14", "date_sort": "2025-11-14", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 2100000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2.1m", "gbp_txt": "£2.1m", "show": true }, { "id": "DEAL-SU-FIN-2013", "date": "2025-11-14", "year": "2025", "kind": "funding_round", "company_text": "FALKIN", "company_id": "BIZ-SU-FIN-704", "counterparty": "investors listed: TriplePoint Ventures, Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch, Found Capital, Founders Capital (lead not stated)", "amount": 1500000, "amount_text": "1,500,000", "currency": "GBP", "valuation_reported": null, "summary": "Pre-seed for AI tools to stop scams before payment.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114 (trade) — \"AI digital safety tools to prevent scams before payments are made\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2025-11-14", "date_sort": "2025-11-14", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 1500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.5m", "gbp_txt": "£1.5m", "show": true }, { "id": "DEAL-INV-2074", "date": "2025-11-14", "year": "2025", "kind": "funding_round", "company_text": "FALKIN", "company_id": "BIZ-SU-FIN-704", "counterparty": "Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch and others", "amount": null, "amount_text": "1.5m", "currency": "GBP", "valuation_reported": null, "summary": "FALKIN (AI anti-scam tools) raised £1.5m (Pre-seed), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114 — \"a range of AI digital safety tools to prevent scams before payments are made\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2025-11-14 (week ending)", "date_sort": "2025-11-14", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "1.5m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "1.5m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-LC-052", "date": "2025-11-11", "year": "2025", "kind": "funding_round", "company_text": "FALKIN (new)", "company_id": "BIZ-SU-FIN-704", "counterparty": "TriplePoint Ventures (lead); Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch and others", "amount": 2000000, "amount_text": "2000000", "currency": "USD", "valuation_reported": null, "summary": "Pre-seed for AI tools that detect scammer manipulation inside banking apps.", "sources_text": "https://www.uktech.news/cybersecurity/startup-using-ai-to-detect-scammer-tactics-secures-1-5m-pre-seed-20251111 — \"has secured $2m (£1.5m) in pre-seed funding.\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/cybersecurity/startup-using-ai-to-detect-scammer-tactics-secures-1-5m-pre-seed-20251111" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2025-11-11", "date_sort": "2025-11-11", "before_ledger_start": false, "amount_gbp": 1518257, "fx_rate": 1.3173, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3173 per £ on 2025-11-11", "fx_date": "2025-11-11", "fx_note": "", "txt": "US$2m", "gbp_txt": "£1.5m", "show": true }, { "id": "DEAL-LC-049", "date": "2025-10-22", "year": "2025", "kind": "funding_round", "company_text": "Saturn (new)", "company_id": "BIZ-SU-FIN-609", "counterparty": "Singular (lead); Shapers; Y Combinator; Zeno Ventures", "amount": 15000000, "amount_text": "15000000", "currency": "USD", "valuation_reported": null, "summary": "Series A for AI software that automates paraplanner work for financial advisers.", "sources_text": "https://www.uktech.news/funding/saturn-ai-financial-series-a-20251022 — \"has announced a $15m (£11.25m) Series A round\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/funding/saturn-ai-financial-series-a-20251022" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2025-10-22", "date_sort": "2025-10-22", "before_ledger_start": false, "amount_gbp": 11231748, "fx_rate": 1.3355, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3355 per £ on 2025-10-22", "fx_date": "2025-10-22", "fx_note": "", "txt": "US$15m", "gbp_txt": "£11.2m", "show": true }, { "id": "DEAL-SU-FIN-025", "date": "2025-09-24", "year": "2025", "kind": "funding_round", "company_text": "Signal AI (BIZ-SU-FIN-006)", "company_id": "BIZ-SU-FIN-006", "counterparty": "Battery Ventures", "amount": 165000000, "amount_text": "165000000", "currency": "USD", "valuation_reported": null, "summary": "Growth equity", "sources_text": "https://www.londonstockexchange.com/en/news/market-celebrations/2025/london-stock-exchange-congratulates-signal-ais-165m-raise-battery-ventures-reshape-future-risk-and-reputation-intelligence — \"$165m\"; https://www.cityam.com/?p=2364403 — \"$165m (£122m)\"", "source_urls": [ "https://www.londonstockexchange.com/en/news/market-celebrations/2025/london-stock-exchange-congratulates-signal-ais-165m-raise-battery-ventures-reshape-future-risk-and-reputation-intelligence", "https://www.cityam.com/?p=2364403" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "date_text": "2025-09-24", "date_sort": "2025-09-24", "before_ledger_start": false, "amount_gbp": 122667460, "fx_rate": 1.3451, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3451 per £ on 2025-09-24", "fx_date": "2025-09-24", "fx_note": "", "txt": "US$165m", "gbp_txt": "£122.7m", "show": true }, { "id": "DEAL-SU-FIN-024", "date": "2025-09-09", "year": "2025", "kind": "acquisition", "company_text": "Cytora (BIZ-SU-FIN-005)", "company_id": "BIZ-SU-FIN-005", "counterparty": "Applied Systems", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Growth acquisition; terms not disclosed", "sources_text": "https://cytora.com/risk-flow-center/blog/cytora-acquired-by-applied-systems-accelerating-the-shared-vision-of-delivering-the-digital-roundtrip-of-insurance — \"growth acquisition\"; https://www.enterprise.cam.ac.uk/news/cytora-acquired-by-applied-systems/ — \"Cytora was founded in 2012 as a University startup\"", "source_urls": [ "https://cytora.com/risk-flow-center/blog/cytora-acquired-by-applied-systems-accelerating-the-shared-vision-of-delivering-the-digital-roundtrip-of-insurance", "https://www.enterprise.cam.ac.uk/news/cytora-acquired-by-applied-systems/" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "date_text": "2025-09-09", "date_sort": "2025-09-09", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-INV-2084", "date": "2025-08-22", "year": "2025", "kind": "funding_round", "company_text": "Meshed", "company_id": "BIZ-SU-FIN-705", "counterparty": "Haatch, Founders Factory", "amount": 950000, "amount_text": "950,000", "currency": "GBP", "valuation_reported": null, "summary": "Meshed (AI insurance broker) raised £950,000 (Pre-seed), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-phoebe-to-evaluatelocate-20250822 — \"agentic AI insurance broker\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-phoebe-to-evaluatelocate-20250822" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2025-08-22 (week ending)", "date_sort": "2025-08-22", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_gbp": 950000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£950,000", "gbp_txt": "£950,000", "show": true }, { "id": "DEAL-LC-033", "date": "2025-08-18", "year": "2025", "kind": "funding_round", "company_text": "Meshed (new)", "company_id": "BIZ-SU-FIN-705", "counterparty": "Haatch; Founders Factory; angels", "amount": 950000, "amount_text": "950000", "currency": "GBP", "valuation_reported": null, "summary": "Pre-seed for an AI-native insurance broker using AI agents.", "sources_text": "https://www.uktech.news/insurtech/uks-first-ai-insurance-broker-raises-950000-20250818 — \"has closed its pre-seed funding round, pulling in £950,000.\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/insurtech/uks-first-ai-insurance-broker-raises-950000-20250818" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2025-08-18", "date_sort": "2025-08-18", "before_ledger_start": false, "amount_gbp": 950000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£950,000", "gbp_txt": "£950,000", "show": true }, { "id": "DEAL-LC-019", "date": "2025-04-03", "year": "2025", "kind": "funding_round", "company_text": "AlphaLoops (new)", "company_id": "BIZ-SU-FIN-604", "counterparty": "Innovate UK (Smart Grant)", "amount": 440000, "amount_text": "440000", "currency": "GBP", "valuation_reported": null, "summary": "Innovate UK Smart Grant for AI agents that automate investment-firm operations.", "sources_text": "https://www.uktech.news/artificial-intelligence/ai-for-investment-firms-alphaloops-lands-440k-grant-20250403 — \"A startup building the agentic operating system for investment firms has secured a £440k grant\" (trade, UKTN)", "source_urls": [ "https://www.uktech.news/artificial-intelligence/ai-for-investment-firms-alphaloops-lands-440k-grant-20250403" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2025-04-03", "date_sort": "2025-04-03", "before_ledger_start": false, "amount_gbp": 440000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£440,000", "gbp_txt": "£440,000", "show": true }, { "id": "DEAL-INV-2099", "date": "2025-03-07", "year": "2025", "kind": "funding_round", "company_text": "Quantexa", "company_id": "BIZ-SU-FIN-004", "counterparty": "HSBC, Warburg Pincus, Ontario Teachers' Pension Plan, BNY Mellon and others", "amount": null, "amount_text": "135.5m", "currency": "GBP", "valuation_reported": null, "summary": "Quantexa (AI data intelligence) raised £135.5m (Series F), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-quantexa-to-ocean-ledger-20250307 — \"AI data intelligence platform Quantexa\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-quantexa-to-ocean-ledger-20250307" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2025-03-07 (week ending)", "date_sort": "2025-03-07", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "135.5m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "135.5m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-INV-008", "date": "2025-03-05", "year": "2025", "kind": "funding_round", "company_text": "Quantexa", "company_id": "BIZ-SU-FIN-004", "counterparty": "British Patient Capital (BIZ-INV-003)", "amount": 15000000, "amount_text": "15000000", "currency": "GBP", "valuation_reported": null, "summary": "£15m follow-on in Quantexa's Series F (date from search listing; page undated)", "sources_text": "https://www.british-business-bank.co.uk/news-and-events/news/british-patient-capital-announces-ps15m-investment-quantexas-175-million-series — \"£15m follow on investment in Quantexa\"", "source_urls": [ "https://www.british-business-bank.co.uk/news-and-events/news/british-patient-capital-announces-ps15m-investment-quantexas-175-million-series" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2025-03-05", "date_sort": "2025-03-05", "before_ledger_start": false, "amount_gbp": 15000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£15m", "gbp_txt": "£15m", "show": true }, { "id": "DEAL-SU-FIN-023", "date": "2025-02-18", "year": "2025", "kind": "uk_office_opening", "company_text": "Napier AI (BIZ-SU-FIN-007)", "company_id": "BIZ-SU-FIN-007", "counterparty": "Invest Northern Ireland (support)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Belfast centre of excellence, 106 jobs planned (Invest NI says announced January 2025)", "sources_text": "https://www.napier.ai/post/ireland-fintech-centre-excellence — \"106 high-quality jobs\"; https://www.investni.com/international-business/case-studies/napier-ai — \"creating 106 jobs specialising in software development, business analysis and programme management\"", "source_urls": [ "https://www.napier.ai/post/ireland-fintech-centre-excellence", "https://www.investni.com/international-business/case-studies/napier-ai" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "date_text": "2025-02-18", "date_sort": "2025-02-18", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-X-005", "date": "2024-12-19", "year": "2024", "kind": "acquisition", "company_text": "Featurespace (biz-featurespace)", "company_id": "BIZ-SU-FIN-001", "counterparty": "Visa", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Visa completed its purchase of Featurespace, the Cambridge fraud-detection AI company. Date is the completion date; price and announcement date not on the page opened.", "sources_text": "https://investor.visa.com/news/news-details/2024/Visa-Completes-Acquisition-of-Featurespace/default.aspx — \"Visa (NYSE: V) today announced it has completed its acquisition of Featurespace\"", "source_urls": [ "https://investor.visa.com/news/news-details/2024/Visa-Completes-Acquisition-of-Featurespace/default.aspx" ], "confidence": "single_source", "ledger": "sitewide", "page": "startups", "render": true, "date_text": "2024-12-19", "date_sort": "2024-12-19", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-022", "date": "2024-12-19", "year": "2024", "kind": "acquisition", "company_text": "Featurespace (BIZ-SU-FIN-001)", "company_id": "BIZ-SU-FIN-001", "counterparty": "Visa", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Acquisition completed; terms not disclosed", "sources_text": "https://corporate.visa.com/en/sites/visa-perspectives/newsroom/visa-completes-acquisition-featurespace.html — \"The Featurespace business will become part of Visa's Risk and Identity Solutions business unit\"; https://chrysalisinvestments.co.uk/?p=3639 — \"has completed its acquisition of Featurespace\" (repost of Visa release)", "source_urls": [ "https://corporate.visa.com/en/sites/visa-perspectives/newsroom/visa-completes-acquisition-featurespace.html", "https://chrysalisinvestments.co.uk/?p=3639" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "same_event_as": "DEAL-X-005", "date_text": "2024-12-19", "date_sort": "2024-12-19", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-LB-138", "date": "2024-12-02", "year": "2024", "kind": "funding_round", "company_text": "9fin (new)", "company_id": "BIZ-SU-FIN-601", "counterparty": "Highland Europe", "amount": 50000000, "amount_text": "50000000", "currency": "USD", "valuation_reported": null, "summary": "London AI debt-market analytics firm closed a $50m Series B.", "sources_text": "https://www.uktech.news/fintech/ai-debt-market-platform-9fin-closes-50m-round-20241202 (trade) — \"has closed a $50m (£39.3m) Series B round.\" … \"The Series B round was led by Highland Europe.\"", "source_urls": [ "https://www.uktech.news/fintech/ai-debt-market-platform-9fin-closes-50m-round-20241202" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2024-12-02", "date_sort": "2024-12-02", "before_ledger_start": false, "amount_gbp": 39591417, "fx_rate": 1.2629, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2629 per £ on 2024-12-02", "fx_date": "2024-12-02", "fx_note": "", "txt": "US$50m", "gbp_txt": "£39.6m", "show": true }, { "id": "DEAL-PE-003", "date": "2024-10-02", "year": "2024", "kind": "delisting", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "Luke Bidco Limited (Thoma Bravo funds, BIZ-INV-301)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Listing and trading cancelled at 8.00am on 2 October 2024, after the scheme took effect on 1 October.", "sources_text": "https://data.fca.org.uk/artefacts/NSM/RNS/5372942.html — \"were each cancelled with effect from 8.00 a.m. today, 2 October 2024.\"; https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace — \"Darktrace will delist from the FTSE100 Index on the London Stock Exchange.\"", "source_urls": [ "https://data.fca.org.uk/artefacts/NSM/RNS/5372942.html", "https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace" ], "confidence": "verified", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2024-10-02", "date_sort": "2024-10-02", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-X-003", "date": "2024-10-01", "year": "2024", "kind": "acquisition", "company_text": "Darktrace (biz-darktrace)", "company_id": "BIZ-SU-FIN-003", "counterparty": "Thoma Bravo", "amount": 5300000000, "amount_text": "5300000000", "currency": "USD", "valuation_reported": null, "summary": "Thoma Bravo completed its all-cash purchase of Darktrace, the Cambridge cyber-security AI company, at about $5.3bn ($7.75 a share). Date is the completion date; the April 2024 offer announcement was not opened.", "sources_text": "https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace — \"valuing the Company at approximately $5.3 billion\" ; https://darktrace.com/news/darktrace-announces-formal-completion-of-its-acquisition-by-thoma-bravo — \"has today announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, for $5.3bn.\"", "source_urls": [ "https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace", "https://darktrace.com/news/darktrace-announces-formal-completion-of-its-acquisition-by-thoma-bravo" ], "confidence": "verified", "ledger": "sitewide", "page": "startups", "render": true, "date_text": "2024-10-01", "date_sort": "2024-10-01", "before_ledger_start": false, "amount_gbp": 3988260968, "fx_rate": 1.3289, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3289 per £ on 2024-10-01", "fx_date": "2024-10-01", "fx_note": "", "txt": "US$5.30bn", "gbp_txt": "£3.99bn", "show": true }, { "id": "DEAL-SU-FIN-021", "date": "2024-10-01", "year": "2024", "kind": "acquisition", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "Thoma Bravo", "amount": 5300000000, "amount_text": "5300000000", "currency": "USD", "valuation_reported": null, "summary": "Take-private at US$7.75 a share completed", "sources_text": "https://darktrace.com/news/darktrace-announces-formal-completion-of-its-acquisition-by-thoma-bravo — \"has today announced the completion of its acquisition by Thoma Bravo\"; https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace — \"approximately $5.3 billion\"", "source_urls": [ "https://darktrace.com/news/darktrace-announces-formal-completion-of-its-acquisition-by-thoma-bravo", "https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "same_event_as": "DEAL-X-003", "date_text": "2024-10-01", "date_sort": "2024-10-01", "before_ledger_start": false, "amount_gbp": 3988260968, "fx_rate": 1.3289, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3289 per £ on 2024-10-01", "fx_date": "2024-10-01", "fx_note": "", "txt": "US$5.30bn", "gbp_txt": "£3.99bn", "show": true }, { "id": "DEAL-SU-FIN-020", "date": "2024-09-05", "year": "2024", "kind": "funding_round", "company_text": "Capsa AI (BIZ-SU-FIN-024)", "company_id": "BIZ-SU-FIN-024", "counterparty": "Outward VC", "amount": 1700000, "amount_text": "1700000", "currency": "GBP", "valuation_reported": null, "summary": "Seed-stage round", "sources_text": "https://www.uktech.news/ai/capsa-ai-funding-20240905 — \"AI operating system for private equity due diligence\"", "source_urls": [ "https://www.uktech.news/ai/capsa-ai-funding-20240905" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2024-09-05", "date_sort": "2024-09-05", "before_ledger_start": false, "amount_gbp": 1700000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.7m", "gbp_txt": "£1.7m", "show": true }, { "id": "DEAL-SU-FIN-019", "date": "2024-07-29", "year": "2024", "kind": "funding_round", "company_text": "Aveni (BIZ-SU-FIN-010)", "company_id": "BIZ-SU-FIN-010", "counterparty": "Puma Private Equity", "amount": 11000000, "amount_text": "11000000", "currency": "GBP", "valuation_reported": null, "summary": "Series A with Lloyds Banking Group and Nationwide", "sources_text": "https://aveni.ai/blog/aveni-secures-11m-investment/ — \"small, highly tuned language models, trained on financial services data\"", "source_urls": [ "https://aveni.ai/blog/aveni-secures-11m-investment/" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2024-07-29", "date_sort": "2024-07-29", "before_ledger_start": false, "amount_gbp": 11000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£11m", "gbp_txt": "£11m", "show": true }, { "id": "DEAL-SU-FIN-018", "date": "2024-07-17", "year": "2024", "kind": "funding_round", "company_text": "Xapien (BIZ-SU-FIN-028)", "company_id": "BIZ-SU-FIN-028", "counterparty": "YFM Equity Partners", "amount": 8000000, "amount_text": "8000000", "currency": "GBP", "valuation_reported": null, "summary": "Series A; total £14m", "sources_text": "https://tech.eu/2024/07/17/ai-due-diligence-startup-bags-ps8m-and-says-it-will-benefit-from-londons-laundromat-status/ — \"London-based AI due diligence firm\"", "source_urls": [ "https://tech.eu/2024/07/17/ai-due-diligence-startup-bags-ps8m-and-says-it-will-benefit-from-londons-laundromat-status/" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2024-07-17", "date_sort": "2024-07-17", "before_ledger_start": false, "amount_gbp": 8000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£8m", "gbp_txt": "£8m", "show": true }, { "id": "DEAL-SU-FIN-017", "date": "2024-05-09", "year": "2024", "kind": "funding_round", "company_text": "Stratiphy (BIZ-SU-FIN-031)", "company_id": "BIZ-SU-FIN-031", "counterparty": "Innovate UK (grant)", "amount": 1000000, "amount_text": "1000000", "currency": "GBP", "valuation_reported": null, "summary": "Grant to a Stratiphy-led consortium for safe AI in investment management", "sources_text": "https://www.uktech.news/ai/innovate-uk-ai-finance-20240509 — \"Innovate UK has awarded a £1m grant\"", "source_urls": [ "https://www.uktech.news/ai/innovate-uk-ai-finance-20240509" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2024-05-09", "date_sort": "2024-05-09", "before_ledger_start": false, "amount_gbp": 1000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1m", "gbp_txt": "£1m", "show": true }, { "id": "DEAL-X-001", "date": "2024-04-09", "year": "2024", "kind": "acquisition", "company_text": "Onfido (biz-onfido)", "company_id": "BIZ-SU-FIN-002", "counterparty": "Entrust", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Entrust completed its purchase of Onfido, which verifies identity documents and faces; terms not disclosed. Date is the completion date; the announcement date was not sourced.", "sources_text": "https://www.entrust.com/company/newsroom/entrust-completes-acquisition-of-onfido-creating-a-new-era-of-identity-centric-security — \"today announced it completed its acquisition of Onfido, a global leader in identity verification.\" ; \"Terms of the acquisition were not disclosed.\"", "source_urls": [ "https://www.entrust.com/company/newsroom/entrust-completes-acquisition-of-onfido-creating-a-new-era-of-identity-centric-security" ], "confidence": "single_source", "ledger": "sitewide", "page": "startups", "render": true, "date_text": "2024-04-09", "date_sort": "2024-04-09", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-016", "date": "2024-04-09", "year": "2024", "kind": "acquisition", "company_text": "Onfido (BIZ-SU-FIN-002)", "company_id": "BIZ-SU-FIN-002", "counterparty": "Entrust", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Acquisition completed; terms not disclosed", "sources_text": "https://www.entrust.com/company/newsroom/entrust-completes-acquisition-of-onfido-creating-a-new-era-of-identity-centric-security — \"April 9, 2024\"; https://www.uktech.news/cybersecurity/entrust-onfido-acquisition-talks-20240207 — \"London-based identity verification scaleup Onfido\" (talks, 7 Feb 2024)", "source_urls": [ "https://www.entrust.com/company/newsroom/entrust-completes-acquisition-of-onfido-creating-a-new-era-of-identity-centric-security", "https://www.uktech.news/cybersecurity/entrust-onfido-acquisition-talks-20240207" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "same_event_as": "DEAL-X-001", "date_text": "2024-04-09", "date_sort": "2024-04-09", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-LB-118", "date": "2024-03-06", "year": "2024", "kind": "funding_round", "company_text": "Theia Insights (new)", "company_id": "BIZ-SU-FIN-802", "counterparty": "Unusual Ventures", "amount": 6500000, "amount_text": "6500000", "currency": "USD", "valuation_reported": null, "summary": "Cambridge AI fintech for financial professionals raised $6.5m.", "sources_text": "https://www.uktech.news/fintech/theia-insights-ai-investment-analysis-20240306 (trade) — \"Theia Insights, an AI fintech startup providing information for financial professionals, has raised $6.5m (£5.1m).\"", "source_urls": [ "https://www.uktech.news/fintech/theia-insights-ai-investment-analysis-20240306" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2024-03-06", "date_sort": "2024-03-06", "before_ledger_start": false, "amount_gbp": 5100840, "fx_rate": 1.2743, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2743 per £ on 2024-03-06", "fx_date": "2024-03-06", "fx_note": "", "txt": "US$6.5m", "gbp_txt": "£5.1m", "show": true }, { "id": "DEAL-LB-116", "date": "2024-02-28", "year": "2024", "kind": "funding_round", "company_text": "HACE (new)", "company_id": "BIZ-SU-FIN-603", "counterparty": "Manchester Angels", "amount": 450000, "amount_text": "450000", "currency": "GBP", "valuation_reported": null, "summary": "Manchester start-up with an AI index of child-labour exposure raised £450,000 pre-seed.", "sources_text": "https://www.uktech.news/ai/ai-startup-monitoring-child-labour-hace-funding-20240228 (trade) — \"The investment round was led by Manchester Angels\" … \"HACE has built an AI-powered index that gathers data from listed firms in real time.\"", "source_urls": [ "https://www.uktech.news/ai/ai-startup-monitoring-child-labour-hace-funding-20240228" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2024-02-28", "date_sort": "2024-02-28", "before_ledger_start": false, "amount_gbp": 450000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£450,000", "gbp_txt": "£450,000", "show": true }, { "id": "DEAL-SU-FIN-015", "date": "2024-02-21", "year": "2024", "kind": "funding_round", "company_text": "Napier AI (BIZ-SU-FIN-007)", "company_id": "BIZ-SU-FIN-007", "counterparty": "Crestline", "amount": 45000000, "amount_text": "45000000", "currency": "GBP", "valuation_reported": null, "summary": "Debt financing", "sources_text": "https://www.uktech.news/saas/napier-ai-45m-debt-funding-20240221 — \"£45m in debt financing\"", "source_urls": [ "https://www.uktech.news/saas/napier-ai-45m-debt-funding-20240221" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2024-02-21", "date_sort": "2024-02-21", "before_ledger_start": false, "amount_gbp": 45000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£45m", "gbp_txt": "£45m", "show": true }, { "id": "DEAL-SU-FIN-014", "date": "2024-01-10", "year": "2024", "kind": "funding_round", "company_text": "Yoti (BIZ-SU-FIN-017)", "company_id": "BIZ-SU-FIN-017", "counterparty": "HSBC", "amount": 20000000, "amount_text": "20000000", "currency": "GBP", "valuation_reported": null, "summary": "Debt funding (headline in Yoti's press archive)", "sources_text": "https://www.yoti.com/press/archive/ — \"HSBC backs digital ID firm Yoti in £20m debt funding\"", "source_urls": [ "https://www.yoti.com/press/archive/" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2024-01-10", "date_sort": "2024-01-10", "before_ledger_start": false, "amount_gbp": 20000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£20m", "gbp_txt": "£20m", "show": true }, { "id": "DEAL-LB-105", "date": "2023-11-09", "year": "2023", "kind": "funding_round", "company_text": "Eilla AI (new)", "company_id": "BIZ-SU-FIN-602", "counterparty": "Eleven Ventures", "amount": 1500000, "amount_text": "1500000", "currency": "USD", "valuation_reported": null, "summary": "London generative-AI tool for finance raised $1.5m seed.", "sources_text": "https://www.uktech.news/ai/eilla-ai-seed-20231109 (trade) — \"London-based Eilla AI, a generative AI tool for those working in finance, has raised $1.5m (£1.2m) in seed funding.\"", "source_urls": [ "https://www.uktech.news/ai/eilla-ai-seed-20231109" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-11-09", "date_sort": "2023-11-09", "before_ledger_start": false, "amount_gbp": 1220802, "fx_rate": 1.2287, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2287 per £ on 2023-11-09", "fx_date": "2023-11-09", "fx_note": "", "txt": "US$1.5m", "gbp_txt": "£1.2m", "show": true }, { "id": "DEAL-LB-103", "date": "2023-10-31", "year": "2023", "kind": "funding_round", "company_text": "Sprout.ai (BIZ-SU-FIN-020)", "company_id": "BIZ-SU-FIN-020", "counterparty": "Amadeus Capital Partners; Praetura Ventures", "amount": 5400000, "amount_text": "5400000", "currency": "GBP", "valuation_reported": null, "summary": "AI insurance-claims start-up raised £5.4m.", "sources_text": "https://www.uktech.news/insurtech/sprout-ai-funding-20231031 (trade) — \"has secured £5.4m in its latest round of funding.\" … \"led by Amadeus Capital Partners and Praetura Ventures.\"", "source_urls": [ "https://www.uktech.news/insurtech/sprout-ai-funding-20231031" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-10-31", "date_sort": "2023-10-31", "before_ledger_start": false, "amount_gbp": 5400000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5.4m", "gbp_txt": "£5.4m", "show": true }, { "id": "DEAL-SU-FIN-034", "date": "2023-10-18", "year": "2023", "kind": "funding_round", "company_text": "BIZ-SU-FIN-037 Netacea", "company_id": "BIZ-SU-FIN-037", "counterparty": "Mercia Asset Management", "amount": 4500000, "amount_text": "4500000", "currency": "GBP", "valuation_reported": null, "summary": "Round alongside new chief executive", "sources_text": "https://www.uktech.news/cybersecurity/netacea-funding-new-ceo-20231018 — \"a machine learning-based bot detection startup\"", "source_urls": [ "https://www.uktech.news/cybersecurity/netacea-funding-new-ceo-20231018" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2023-10-18", "date_sort": "2023-10-18", "before_ledger_start": false, "amount_gbp": 4500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4.5m", "gbp_txt": "£4.5m", "show": true }, { "id": "DEAL-LB-087", "date": "2023-07-18", "year": "2023", "kind": "funding_round", "company_text": "Tractable (BIZ-SU-FIN-014)", "company_id": "BIZ-SU-FIN-014", "counterparty": "SoftBank Vision Fund 2", "amount": 65000000, "amount_text": "65000000", "currency": "USD", "valuation_reported": null, "summary": "AI insurance-claims firm closed a $65m Series E.", "sources_text": "https://www.uktech.news/insurtech/tractable-funding-softbank-20230718 (trade) — \"has closed a $65m (£49.8m) Series E round led by SoftBank.\" ; https://www.insightpartners.com/ideas/tractable-ai-raises-65m-in-series-e-funding-led-by-softbank-vision-fund-2-investment-to-power-next-generation-ai-for-instant-visual-assessments-within-the-automotive-and-property-ecosystems/ (primary; release posted by participating investor Insight Partners) — \"NEW YORK, July 18, 2023 /PRNewswire/\" … \"today announces a $65M Series E investment led by SoftBank Vision Fund 2.\"", "source_urls": [ "https://www.uktech.news/insurtech/tractable-funding-softbank-20230718", "https://www.insightpartners.com/ideas/tractable-ai-raises-65m-in-series-e-funding-led-by-softbank-vision-fund-2-investment-to-power-next-generation-ai-for-instant-visual-assessments-within-the-automotive-and-property-ecosystems/" ], "confidence": "verified", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-07-18", "date_sort": "2023-07-18", "before_ledger_start": false, "amount_gbp": 49690391, "fx_rate": 1.3081, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3081 per £ on 2023-07-18", "fx_date": "2023-07-18", "fx_note": "", "txt": "US$65m", "gbp_txt": "£49.7m", "show": true }, { "id": "DEAL-LB-075", "date": "2023-05-23", "year": "2023", "kind": "acquisition", "company_text": "Onfido (BIZ-SU-FIN-002)", "company_id": "BIZ-SU-FIN-002", "counterparty": "Airside Mobile (target, US)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "London identity-verification firm bought US digital-ID company Airside Mobile; sum undisclosed.", "sources_text": "https://www.uktech.news/cybersecurity/onfido-acquires-airside-mobile-20230523 (trade) — \"UK identity verification scaleup Onfido has acquired American digital ID company Airside Mobile for an undisclosed sum.\"", "source_urls": [ "https://www.uktech.news/cybersecurity/onfido-acquires-airside-mobile-20230523" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-05-23", "date_sort": "2023-05-23", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-LB-074", "date": "2023-05-09", "year": "2023", "kind": "funding_round", "company_text": "Filament (new)", "company_id": "BIZ-SU-FIN-703", "counterparty": "Wealth Club (EIS round)", "amount": 2850000, "amount_text": "2850000", "currency": "GBP", "valuation_reported": null, "summary": "London AI investment-intelligence platform (Syfter) raised £2.85m.", "sources_text": "https://www.uktech.news/ai/filament-funding-20230509 (trade) — \"Filament has raised £2.85m in support of its platform for the private equity industry\" … \"led by Wealth Club.\"", "source_urls": [ "https://www.uktech.news/ai/filament-funding-20230509" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-05-09", "date_sort": "2023-05-09", "before_ledger_start": false, "amount_gbp": 2850000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2.9m", "gbp_txt": "£2.9m", "show": true }, { "id": "DEAL-LB-068", "date": "2023-04-04", "year": "2023", "kind": "funding_round", "company_text": "Quantexa (BIZ-SU-FIN-004)", "company_id": "BIZ-SU-FIN-004", "counterparty": "GIC", "amount": 129000000, "amount_text": "129000000", "currency": "USD", "valuation_reported": "1800000000 USD", "summary": "London data-analytics firm raised a $129m Series E at a $1.8bn valuation.", "sources_text": "https://www.uktech.news/ai/quantexa-series-e-20230404 (trade) — \"reaching a valuation of $1.8bn (£1.5bn)\" … \"after securing $129m (£103.9m) in Series E funding.\" … \"Quantexa's funding round was led by GIC\" ; https://www.quantexa.com/press/series-e-funding-round/ (primary) — \"London and New York, April, 4, 2023\" … \"GIC leads funding round of $129 million with Warburg Pincus, Dawn Capital and other existing investors participating\"", "source_urls": [ "https://www.uktech.news/ai/quantexa-series-e-20230404", "https://www.quantexa.com/press/series-e-funding-round/" ], "confidence": "verified", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-04-04", "date_sort": "2023-04-04", "before_ledger_start": false, "amount_gbp": 103068073, "fx_rate": 1.2516, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2516 per £ on 2023-04-04", "fx_date": "2023-04-04", "fx_note": "", "txt": "US$129m", "gbp_txt": "£103.1m", "show": true }, { "id": "DEAL-LB-066", "date": "2023-03-30", "year": "2023", "kind": "funding_round", "company_text": "Intelligent AI (BIZ-SU-FIN-022)", "company_id": "BIZ-SU-FIN-022", "counterparty": "Cornwall & Isles of Scilly Investment Fund (FSE Group); SuperSeed and others (no lead named)", "amount": 2000000, "amount_text": "2000000", "currency": "GBP", "valuation_reported": null, "summary": "Exeter insurance-software start-up raised £2m for Cornwall expansion.", "sources_text": "https://www.uktech.news/ai/intelligent-ai-cornwall-20230330 (trade) — \"Insurance software startup Intelligent AI has collected £2m from investors\"", "source_urls": [ "https://www.uktech.news/ai/intelligent-ai-cornwall-20230330" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-03-30", "date_sort": "2023-03-30", "before_ledger_start": false, "amount_gbp": 2000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2m", "gbp_txt": "£2m", "show": true }, { "id": "DEAL-LB-062", "date": "2023-03-07", "year": "2023", "kind": "funding_round", "company_text": "Abound (new)", "company_id": "BIZ-SU-FIN-702", "counterparty": "Citi; Waterfall Asset Management (debt); K3 Ventures, GSR Ventures, Hambro Perks (equity)", "amount": 500000000, "amount_text": "500000000", "currency": "GBP", "valuation_reported": null, "summary": "London lender using open banking and AI raised £500m in debt and equity.", "sources_text": "https://www.uktech.news/fintech/abound-funding-20230307 (trade) — \"London-headquartered fintech Abound has scooped £500m in a combination of debt and equity financing\"", "source_urls": [ "https://www.uktech.news/fintech/abound-funding-20230307" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2023-03-07", "date_sort": "2023-03-07", "before_ledger_start": false, "amount_gbp": 500000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£500m", "gbp_txt": "£500m", "show": true }, { "id": "DEAL-SU-FIN-013", "date": "2023-01-23", "year": "2023", "kind": "funding_round", "company_text": "Global Screening Services (BIZ-SU-FIN-009)", "company_id": "BIZ-SU-FIN-009", "counterparty": "AlixPartners; The Cynosure Group; MUFG", "amount": 37000000, "amount_text": "37000000", "currency": "GBP", "valuation_reported": null, "summary": "Funding from three backers", "sources_text": "https://www.uktech.news/ai/global-screening-services-funding-20230123 — \"has secured £37m in funding\"", "source_urls": [ "https://www.uktech.news/ai/global-screening-services-funding-20230123" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2023-01-23", "date_sort": "2023-01-23", "before_ledger_start": false, "amount_gbp": 37000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£37m", "gbp_txt": "£37m", "show": true }, { "id": "DEAL-LB-046", "date": "2022-12-09", "year": "2022", "kind": "funding_round", "company_text": "9fin (new)", "company_id": "BIZ-SU-FIN-601", "counterparty": "Spark Capital", "amount": 23000000, "amount_text": "23000000", "currency": "USD", "valuation_reported": null, "summary": "London debt-market analytics platform using machine learning raised a $23m Series A+.", "sources_text": "https://www.uktech.news/ai/9fin-series-a-20221209 (trade) — \"Analytics platform 9fin has raised $23m (£18.8m) in Series A+ funding\" … \"The funding round was led by Spark Capital.\"", "source_urls": [ "https://www.uktech.news/ai/9fin-series-a-20221209" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2022-12-09", "date_sort": "2022-12-09", "before_ledger_start": false, "amount_gbp": 18706791, "fx_rate": 1.2295, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2295 per £ on 2022-12-09", "fx_date": "2022-12-09", "fx_note": "", "txt": "US$23m", "gbp_txt": "£18.7m", "show": true }, { "id": "DEAL-SU-FIN-012", "date": "2022-12-02", "year": "2022", "kind": "funding_round", "company_text": "Intelligent AI (BIZ-SU-FIN-022)", "company_id": "BIZ-SU-FIN-022", "counterparty": "Superseed", "amount": 2000000, "amount_text": "2000000", "currency": "GBP", "valuation_reported": null, "summary": "Seed", "sources_text": "https://www.uktech.news/ai/intelligent-ai-seed-funding-20221202 — \"£2m in seed funding\"", "source_urls": [ "https://www.uktech.news/ai/intelligent-ai-seed-funding-20221202" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2022-12-02", "date_sort": "2022-12-02", "before_ledger_start": false, "amount_gbp": 2000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2m", "gbp_txt": "£2m", "show": true }, { "id": "DEAL-LB-034", "date": "2022-09-08", "year": "2022", "kind": "cancellation", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "Thoma Bravo", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Rumoured takeover of Darktrace by Thoma Bravo was called off; shares fell 30% (Thoma Bravo later bought it in 2024).", "sources_text": "https://www.uktech.news/cybersecurity/darktrace-acquisition-off-20220908 (trade) — \"the rumoured acquisition by Thoma Bravo was off.\"", "source_urls": [ "https://www.uktech.news/cybersecurity/darktrace-acquisition-off-20220908" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2022-09-08", "date_sort": "2022-09-08", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-FIN-011", "date": "2022-07-07", "year": "2022", "kind": "funding_round", "company_text": "WiseWorks AI (BIZ-SU-FIN-025)", "company_id": "BIZ-SU-FIN-025", "counterparty": "Veridian Ventures", "amount": 1200000, "amount_text": "1200000", "currency": "USD", "valuation_reported": null, "summary": "Seed", "sources_text": "https://www.uktech.news/ai/wiseworks-ai-funding-20220707 — \"track, record, and report digital communications\"", "source_urls": [ "https://www.uktech.news/ai/wiseworks-ai-funding-20220707" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2022-07-07", "date_sort": "2022-07-07", "before_ledger_start": false, "amount_gbp": 999917, "fx_rate": 1.2001, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2001 per £ on 2022-07-07", "fx_date": "2022-07-07", "fx_note": "", "txt": "US$1.2m", "gbp_txt": "£999,917", "show": true }, { "id": "DEAL-SU-FIN-2016", "date": "2022-07-07", "year": "2022", "kind": "funding_round", "company_text": "WiseWorks AI", "company_id": "BIZ-SU-FIN-025", "counterparty": "Veridian Ventures (with SyndicateRoom, Istcapital, Founders Factory, R42)", "amount": null, "amount_text": "1,200,000 (£1m)", "currency": "USD", "valuation_reported": null, "summary": "Oversubscribed seed round.", "sources_text": "https://www.uktech.news/ai/wiseworks-ai-funding-20220707 (trade) — \"has raised $1.2m (£1m) in an oversubscribed seed funding round led by Veridian Ventures.\"", "source_urls": [ "https://www.uktech.news/ai/wiseworks-ai-funding-20220707" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2022-07-07", "date_sort": "2022-07-07", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_as_written": "1,200,000 (£1m)", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "1,200,000 (£1m) USD", "gbp_txt": "", "show": true }, { "id": "DEAL-LB-024", "date": "2022-06-29", "year": "2022", "kind": "funding_round", "company_text": "Ophelos (new)", "company_id": "BIZ-SU-FIN-801", "counterparty": "AlbionVC", "amount": 5000000, "amount_text": "5000000", "currency": "GBP", "valuation_reported": null, "summary": "London AI debt-collection fintech raised £5m.", "sources_text": "https://www.uktech.news/fintech/ophelos-debt-collector-raises-5m-20220629 (trade) — \"London-based fintech Ophelos has raised £5m in new funds for its artificial intelligence (AI)-powered solution\"", "source_urls": [ "https://www.uktech.news/fintech/ophelos-debt-collector-raises-5m-20220629" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2022-06-29", "date_sort": "2022-06-29", "before_ledger_start": false, "amount_gbp": 5000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5m", "gbp_txt": "£5m", "show": true }, { "id": "DEAL-SU-FIN-010", "date": "2022-06-14", "year": "2022", "kind": "funding_round", "company_text": "Clausematch (BIZ-SU-FIN-026)", "company_id": "BIZ-SU-FIN-026", "counterparty": "Lytical Ventures", "amount": 10800000, "amount_text": "10800000", "currency": "USD", "valuation_reported": null, "summary": "With Sony Innovation Fund and Flashpoint", "sources_text": "https://www.uktech.news/legal/sony-invests-clausematch-20220614 — \"$10.8m (£8.7m)\"", "source_urls": [ "https://www.uktech.news/legal/sony-invests-clausematch-20220614" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2022-06-14", "date_sort": "2022-06-14", "before_ledger_start": false, "amount_gbp": 8999250, "fx_rate": 1.2001, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2001 per £ on 2022-06-14", "fx_date": "2022-06-14", "fx_note": "", "txt": "US$10.8m", "gbp_txt": "£9m", "show": true }, { "id": "DEAL-SU-FIN-033", "date": "2022-02-15", "year": "2022", "kind": "funding_round", "company_text": "BIZ-SU-FIN-037 Netacea", "company_id": "BIZ-SU-FIN-037", "counterparty": "not named on page opened", "amount": 9000000, "amount_text": "9000000", "currency": "GBP", "valuation_reported": null, "summary": "Series A to fund US expansion", "sources_text": "https://www.uktech.news/tag/netacea — \"Bot detection platform Netacea secures £9m to fund US expansion\"", "source_urls": [ "https://www.uktech.news/tag/netacea" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2022-02-15", "date_sort": "2022-02-15", "before_ledger_start": false, "amount_gbp": 9000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£9m", "gbp_txt": "£9m", "show": true }, { "id": "DEAL-SU-FIN-009", "date": "2022-01-06", "year": "2022", "kind": "funding_round", "company_text": "iProov (BIZ-SU-FIN-016)", "company_id": "BIZ-SU-FIN-016", "counterparty": "Sumeru Equity Partners", "amount": 70000000, "amount_text": "70000000", "currency": "USD", "valuation_reported": null, "summary": "Growth investment", "sources_text": "https://www.iproov.com/press — \"$70M investment from Sumeru Equity Partners\"", "source_urls": [ "https://www.iproov.com/press" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2022-01-06", "date_sort": "2022-01-06", "before_ledger_start": false, "amount_gbp": 51748355, "fx_rate": 1.3527, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3527 per £ on 2022-01-06", "fx_date": "2022-01-06", "fx_note": "", "txt": "US$70m", "gbp_txt": "£51.7m", "show": true }, { "id": "DEAL-SU-FIN-008", "date": "2022", "year": "2022", "kind": "funding_round", "company_text": "Cleo (BIZ-SU-FIN-015)", "company_id": "BIZ-SU-FIN-015", "counterparty": "Sofina", "amount": 80000000, "amount_text": "80000000", "currency": "USD", "valuation_reported": null, "summary": "Series C (company page; exact date not given)", "sources_text": "https://web.meetcleo.com/company — $80M Series C led by Sofina (2022)", "source_urls": [ "https://web.meetcleo.com/company" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2022", "date_sort": "2022-00-00", "before_ledger_start": false, "amount_gbp": 59360392, "fx_rate": 1.3477, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3477 per £ on 2021-12-31", "fx_date": "2021-12-31", "fx_note": "year only given: rate for 1 January", "txt": "US$80m", "gbp_txt": "£59.4m", "show": true }, { "id": "DEAL-LA-071", "date": "2021-12-15", "year": "2021", "kind": "funding_round", "company_text": "Signal AI (BIZ-SU-FIN-006)", "company_id": "BIZ-SU-FIN-006", "counterparty": "not stated in source", "amount": 50000000, "amount_text": "50000000", "currency": "USD", "valuation_reported": null, "summary": "Round for platform that extracts insights from public content.", "sources_text": "https://techcrunch.com/tag/signal-ai/ — \"Signal AI, a \"decision augmentation\" startup, raises $50M for a platform that extracts insights from the internet\"", "source_urls": [ "https://techcrunch.com/tag/signal-ai/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2021-12-15", "date_sort": "2021-12-15", "before_ledger_start": false, "amount_gbp": 37838656, "fx_rate": 1.3214, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3214 per £ on 2021-12-15", "fx_date": "2021-12-15", "fx_note": "", "txt": "US$50m", "gbp_txt": "£37.8m", "show": true }, { "id": "DEAL-LA-066", "date": "2021-07-13", "year": "2021", "kind": "funding_round", "company_text": "Quantexa (BIZ-SU-FIN-004)", "company_id": "BIZ-SU-FIN-004", "counterparty": "Warburg Pincus (lead)", "amount": 153000000, "amount_text": "153000000", "currency": "USD", "valuation_reported": "800000000–900000000 USD (reported by TechCrunch)", "summary": "Series D for AI-based data tools for risk and investigations.", "sources_text": "https://techcrunch.com/2021/07/12/quantexa-raises-153m/ — \"has raised a growth round of $153 million\" … \"Warburg Pincus led the round\"", "source_urls": [ "https://techcrunch.com/2021/07/12/quantexa-raises-153m/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2021-07-13", "date_sort": "2021-07-13", "before_ledger_start": false, "amount_gbp": 110533160, "fx_rate": 1.3842, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3842 per £ on 2021-07-13", "fx_date": "2021-07-13", "fx_note": "", "txt": "US$153m", "gbp_txt": "£110.5m", "show": true }, { "id": "DEAL-PE-020", "date": "2021-07-13", "year": "2021", "kind": "funding_round", "company_text": "Quantexa (BIZ-SU-FIN-004)", "company_id": "BIZ-SU-FIN-004", "counterparty": "Warburg Pincus (BIZ-INV-304)", "amount": 153000000, "amount_text": "153000000", "currency": "USD", "valuation_reported": null, "summary": "Series D led by Warburg Pincus; valuation not published.", "sources_text": "https://warburgpincus.com/2021/07/13/quantexa-redefines-data-and-analytics-to-lead-contextual-decision-intelligence-category-with-153m-series-d-funding/ — \"This round was led by Warburg Pincus\"; https://www.uktech.news/ai/londons-fraud-prevention-startup-quantexa-rakes-in-153m-funding-to-fight-financial-crimes-20210713 — \"$153 million in Series D funding\"", "source_urls": [ "https://warburgpincus.com/2021/07/13/quantexa-redefines-data-and-analytics-to-lead-contextual-decision-intelligence-category-with-153m-series-d-funding/", "https://www.uktech.news/ai/londons-fraud-prevention-startup-quantexa-rakes-in-153m-funding-to-fight-financial-crimes-20210713" ], "confidence": "verified", "ledger": "ledger2", "page": "startups", "render": true, "same_event_as": "DEAL-LA-066", "date_text": "2021-07-13", "date_sort": "2021-07-13", "before_ledger_start": false, "amount_gbp": 110533160, "fx_rate": 1.3842, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3842 per £ on 2021-07-13", "fx_date": "2021-07-13", "fx_note": "", "txt": "US$153m", "gbp_txt": "£110.5m", "show": true }, { "id": "DEAL-LA-064", "date": "2021-06-16", "year": "2021", "kind": "funding_round", "company_text": "Tractable (BIZ-SU-FIN-014)", "company_id": "BIZ-SU-FIN-014", "counterparty": "Insight Partners; Georgian Partners (co-leads)", "amount": 60000000, "amount_text": "60000000", "currency": "USD", "valuation_reported": "1000000000 USD", "summary": "Series D for AI damage appraisal.", "sources_text": "https://techcrunch.com/2021/06/16/tractable-raises-60m-at-a-1b-valuation-to-make-damage-appraisals-using-ai/ — \"has raised $60 million, a Series D that values Tractable at $1 billion, the company said.\"", "source_urls": [ "https://techcrunch.com/2021/06/16/tractable-raises-60m-at-a-1b-valuation-to-make-damage-appraisals-using-ai/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2021-06-16", "date_sort": "2021-06-16", "before_ledger_start": false, "amount_gbp": 42541123, "fx_rate": 1.4104, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.4104 per £ on 2021-06-16", "fx_date": "2021-06-16", "fx_note": "", "txt": "US$60m", "gbp_txt": "£42.5m", "show": true }, { "id": "DEAL-SU-FIN-007", "date": "2021-05-05", "year": "2021", "kind": "funding_round", "company_text": "Sprout.ai (BIZ-SU-FIN-020)", "company_id": "BIZ-SU-FIN-020", "counterparty": "Octopus Ventures", "amount": 8000000, "amount_text": "8000000", "currency": "GBP", "valuation_reported": null, "summary": "Series A", "sources_text": "https://tech.eu/brief/londons-sprout-raises-8-million-responds-to-global-demand-presses-forward-with-rd/ — \"London-based insurance platform\"", "source_urls": [ "https://tech.eu/brief/londons-sprout-raises-8-million-responds-to-global-demand-presses-forward-with-rd/" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2021-05-05", "date_sort": "2021-05-05", "before_ledger_start": false, "amount_gbp": 8000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£8m", "gbp_txt": "£8m", "show": true }, { "id": "DEAL-LA-058", "date": "2021-04-30", "year": "2021", "kind": "listing", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "London Stock Exchange (ticker DARK)", "amount": 165100000, "amount_text": "165100000", "currency": "GBP", "valuation_reported": "1700000000 GBP (at issue price)", "summary": "IPO at 250p; £143.4m to the company and £21.7m to selling shareholders.", "sources_text": "https://www.uktech.news/news/5-things-cybersecurity-startup-darktrace-ipo-20210504 (trade) — \"On April 30, the company’s shares were made available at an issue price of 250p.\" ; https://www.uktech.news/news/industry-analysis/cambridge-tech-hub-top-20211220 (trade) — \"This year, the company went public on the London Stock Exchange in a £1.7bn IPO.\"", "source_urls": [ "https://www.uktech.news/news/5-things-cybersecurity-startup-darktrace-ipo-20210504", "https://www.uktech.news/news/industry-analysis/cambridge-tech-hub-top-20211220" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2021-04-30", "date_sort": "2021-04-30", "before_ledger_start": false, "amount_gbp": 165100000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£165.1m", "gbp_txt": "£165.1m", "show": true }, { "id": "DEAL-PE-002", "date": "2021-04-30", "year": "2021", "kind": "listing", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "London Stock Exchange, Main Market (premium listing), ticker DARK", "amount": 165100000, "amount_text": "165100000", "currency": "GBP", "valuation_reported": "1700000000 GBP (market capitalisation at offer price)", "summary": "Priced at 250p on 30 April 2021; unconditional dealings and admission 6 May 2021; offer about £165.1m.", "sources_text": "https://ir.darktrace.com/regulatory-news/2021/4/30/1473404 — \"The Offer Price has been set at 250 pence per Share\"; https://ir.darktrace.com/regulatory-news/2021/5/6/1473998 — \"under the ticker 'DARK'\"", "source_urls": [ "https://ir.darktrace.com/regulatory-news/2021/4/30/1473404", "https://ir.darktrace.com/regulatory-news/2021/5/6/1473998" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "same_event_as": "DEAL-LA-058", "date_text": "2021-04-30", "date_sort": "2021-04-30", "before_ledger_start": false, "amount_gbp": 165100000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£165.1m", "gbp_txt": "£165.1m", "show": true }, { "id": "DEAL-SU-FIN-006", "date": "2021-04-12", "year": "2021", "kind": "funding_round", "company_text": "Thirdfort (BIZ-SU-FIN-030)", "company_id": "BIZ-SU-FIN-030", "counterparty": "Existing investors; Future Fund", "amount": 1500000, "amount_text": "1500000", "currency": "GBP", "valuation_reported": null, "summary": "Round taking total raised to £4.2m", "sources_text": "https://www.uktech.news/news/cazoos-alex-chesterman-backs-legal-tech-startup-in-15m-funding-that-lets-lawyers-verify-client-identity-in-minutes-20210412 — £1.5m new funding", "source_urls": [ "https://www.uktech.news/news/cazoos-alex-chesterman-backs-legal-tech-startup-in-15m-funding-that-lets-lawyers-verify-client-identity-in-minutes-20210412" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2021-04-12", "date_sort": "2021-04-12", "before_ledger_start": false, "amount_gbp": 1500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.5m", "gbp_txt": "£1.5m", "show": true }, { "id": "DEAL-SU-FIN-005", "date": "2021-01-28", "year": "2021", "kind": "funding_round", "company_text": "ETIQ (BIZ-SU-FIN-029)", "company_id": "BIZ-SU-FIN-029", "counterparty": "SFC Capital; Innovate UK grants", "amount": 585000, "amount_text": "585000", "currency": "GBP", "valuation_reported": null, "summary": "Pre-seed", "sources_text": "https://www.uktech.news/news/this-female-led-uk-startup-raised-more-than-half-a-million-to-help-financial-companies-mitigate-biases-20210128 — \"raised £585,000 in pre-seed funding\"", "source_urls": [ "https://www.uktech.news/news/this-female-led-uk-startup-raised-more-than-half-a-million-to-help-financial-companies-mitigate-biases-20210128" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2021-01-28", "date_sort": "2021-01-28", "before_ledger_start": false, "amount_gbp": 585000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£585,000", "gbp_txt": "£585,000", "show": true }, { "id": "DEAL-SU-FIN-004", "date": "2021", "year": "2021", "kind": "funding_round", "company_text": "Ripjar (BIZ-SU-FIN-011)", "company_id": "BIZ-SU-FIN-011", "counterparty": "Long Ridge Equity Partners", "amount": 36800000, "amount_text": "36800000", "currency": "USD", "valuation_reported": null, "summary": "Series B; total raised passed US$60m", "sources_text": "https://www.punchline-gloucester.com/articles/aanews/cheltenham-tech-firm-secures-36-8m-funding-package — \"$36.8m Series B funding\"; https://ripjar.com/?p=20 — Long Ridge led a Series B in 2021", "source_urls": [ "https://www.punchline-gloucester.com/articles/aanews/cheltenham-tech-firm-secures-36-8m-funding-package", "https://ripjar.com/?p=20" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "date_text": "2021", "date_sort": "2021-00-00", "before_ledger_start": false, "amount_gbp": 26961682, "fx_rate": 1.3649, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3649 per £ on 2020-12-31", "fx_date": "2020-12-31", "fx_note": "year only given: rate for 1 January", "txt": "US$36.8m", "gbp_txt": "£27m", "show": true }, { "id": "DEAL-SU-FIN-003", "date": "2020-12-10", "year": "2020", "kind": "funding_round", "company_text": "Cleo (BIZ-SU-FIN-015)", "company_id": "BIZ-SU-FIN-015", "counterparty": "EQT Ventures", "amount": 44000000, "amount_text": "44000000", "currency": "USD", "valuation_reported": null, "summary": "Series B with Balderton, LocalGlobe and SBI", "sources_text": "https://techcrunch.com/?p=2085228 — \"has raised $44 million in Series B funding\"; https://web.meetcleo.com/company — $44M Series B led by EQT Ventures (2020)", "source_urls": [ "https://techcrunch.com/?p=2085228", "https://web.meetcleo.com/company" ], "confidence": "verified", "ledger": "page", "page": "startups", "render": true, "date_text": "2020-12-10", "date_sort": "2020-12-10", "before_ledger_start": false, "amount_gbp": 33145009, "fx_rate": 1.3275, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3275 per £ on 2020-12-10", "fx_date": "2020-12-10", "fx_note": "", "txt": "US$44m", "gbp_txt": "£33.1m", "show": true }, { "id": "DEAL-LA-050", "date": "2020-07-28", "year": "2020", "kind": "funding_round", "company_text": "ComplyAdvantage (BIZ-SU-FIN-008)", "company_id": "BIZ-SU-FIN-008", "counterparty": "not stated in source", "amount": 50000000, "amount_text": "50000000", "currency": "USD", "valuation_reported": null, "summary": "Round for AI financial-crime detection platform and database.", "sources_text": "https://techcrunch.com/tag/quantexa/ — \"ComplyAdvantage nabs $50M for an AI platform and database to detect and stop financial crime\"", "source_urls": [ "https://techcrunch.com/tag/quantexa/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2020-07-28", "date_sort": "2020-07-28", "before_ledger_start": false, "amount_gbp": 38618985, "fx_rate": 1.2947, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2947 per £ on 2020-07-28", "fx_date": "2020-07-28", "fx_note": "", "txt": "US$50m", "gbp_txt": "£38.6m", "show": true }, { "id": "DEAL-LA-049", "date": "2020-07-23", "year": "2020", "kind": "funding_round", "company_text": "Quantexa (BIZ-SU-FIN-004)", "company_id": "BIZ-SU-FIN-004", "counterparty": "Evolution Equity Partners (lead)", "amount": 64700000, "amount_text": "64700000", "currency": "USD", "valuation_reported": null, "summary": "Series C.", "sources_text": "https://techcrunch.com/2020/07/23/quantexa-raises-64-7m-to-bring-big-data-intelligence-to-risk-analysis-and-investigations/ — \"The London-based startup has picked up $64.7 million, a Series C it will be using\"", "source_urls": [ "https://techcrunch.com/2020/07/23/quantexa-raises-64-7m-to-bring-big-data-intelligence-to-risk-analysis-and-investigations/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2020-07-23", "date_sort": "2020-07-23", "before_ledger_start": false, "amount_gbp": 50761023, "fx_rate": 1.2746, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2746 per £ on 2020-07-23", "fx_date": "2020-07-23", "fx_note": "", "txt": "US$64.7m", "gbp_txt": "£50.8m", "show": true }, { "id": "DEAL-LA-048", "date": "2020-07-15", "year": "2020", "kind": "funding_round", "company_text": "Ravelin (BIZ-SU-FIN-019)", "company_id": "BIZ-SU-FIN-019", "counterparty": "not stated in source", "amount": 20000000, "amount_text": "20000000", "currency": "USD", "valuation_reported": null, "summary": "Series C for fraud detection.", "sources_text": "https://techcrunch.com/tag/ravelin/ — \"Fraud detection startup Ravelin secures $20M Series C\"", "source_urls": [ "https://techcrunch.com/tag/ravelin/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2020-07-15", "date_sort": "2020-07-15", "before_ledger_start": false, "amount_gbp": 15844094, "fx_rate": 1.2623, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2623 per £ on 2020-07-15", "fx_date": "2020-07-15", "fx_note": "", "txt": "US$20m", "gbp_txt": "£15.8m", "show": true }, { "id": "DEAL-SU-FIN-002", "date": "2020-07-08", "year": "2020", "kind": "funding_round", "company_text": "Concirrus (BIZ-SU-FIN-021)", "company_id": "BIZ-SU-FIN-021", "counterparty": "CommerzVentures", "amount": 6000000, "amount_text": "6000000", "currency": "USD", "valuation_reported": null, "summary": "Investment after a US$20m Series B led by AlbionVC", "sources_text": "https://www.uktech.news/news/commerzventures-invests-6m-into-concirrus-20200707 — \"Leading specialty analytics insurtech\"", "source_urls": [ "https://www.uktech.news/news/commerzventures-invests-6m-into-concirrus-20200707" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2020-07-08", "date_sort": "2020-07-08", "before_ledger_start": false, "amount_gbp": 4763417, "fx_rate": 1.2596, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2596 per £ on 2020-07-08", "fx_date": "2020-07-08", "fx_note": "", "txt": "US$6m", "gbp_txt": "£4.8m", "show": true }, { "id": "DEAL-LA-045", "date": "2020-04-15", "year": "2020", "kind": "funding_round", "company_text": "Onfido (BIZ-SU-FIN-002)", "company_id": "BIZ-SU-FIN-002", "counterparty": "TPG Growth (lead)", "amount": 100000000, "amount_text": "100000000", "currency": "USD", "valuation_reported": null, "summary": "Round for AI-based ID verification; up-round per chief executive.", "sources_text": "https://techcrunch.com/2020/04/15/onfido-the-ai-based-id-verification-platform-raises-100m-led-by-tpg/ — \"Onfido, the AI-based ID verification platform, raises $100M led by TPG\"", "source_urls": [ "https://techcrunch.com/2020/04/15/onfido-the-ai-based-id-verification-platform-raises-100m-led-by-tpg/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2020-04-15", "date_sort": "2020-04-15", "before_ledger_start": false, "amount_gbp": 80012802, "fx_rate": 1.2498, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2498 per £ on 2020-04-15", "fx_date": "2020-04-15", "fx_note": "", "txt": "US$100m", "gbp_txt": "£80m", "show": true }, { "id": "DEAL-PE-021", "date": "2020-04-15", "year": "2020", "kind": "funding_round", "company_text": "Onfido (BIZ-SU-FIN-002)", "company_id": "BIZ-SU-FIN-002", "counterparty": "TPG Growth (BIZ-INV-305); Salesforce Ventures; M12", "amount": 100000000, "amount_text": "100000000", "currency": "USD", "valuation_reported": null, "summary": "Series D reported as led by TPG Growth (not TCV).", "sources_text": "https://globalventuring.com/onfido-obtains-100m/ — \"The round was led by TPG Growth, part of private equity group TPG.\"; https://www.enterprisetimes.co.uk/2020/04/15/onfido-grabs-100-million-in-new-funding-round/ — \"US investment firm TPG Growth led this funding round.\"", "source_urls": [ "https://globalventuring.com/onfido-obtains-100m/", "https://www.enterprisetimes.co.uk/2020/04/15/onfido-grabs-100-million-in-new-funding-round/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "same_event_as": "DEAL-LA-045", "date_text": "2020-04-15", "date_sort": "2020-04-15", "before_ledger_start": false, "amount_gbp": 80012802, "fx_rate": 1.2498, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2498 per £ on 2020-04-15", "fx_date": "2020-04-15", "fx_note": "", "txt": "US$100m", "gbp_txt": "£80m", "show": true }, { "id": "DEAL-LA-043", "date": "2020-02-27", "year": "2020", "kind": "funding_round", "company_text": "Tractable (BIZ-SU-FIN-014)", "company_id": "BIZ-SU-FIN-014", "counterparty": "not stated in source", "amount": 25000000, "amount_text": "25000000", "currency": "USD", "valuation_reported": null, "summary": "Round for AI damage assessment for insurers.", "sources_text": "https://techcrunch.com/tag/tractable/ — \"Tractable claims $25M to sell damage-assessing AIs to more insurance giants\"", "source_urls": [ "https://techcrunch.com/tag/tractable/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2020-02-27", "date_sort": "2020-02-27", "before_ledger_start": false, "amount_gbp": 19420493, "fx_rate": 1.2873, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2873 per £ on 2020-02-27", "fx_date": "2020-02-27", "fx_note": "", "txt": "US$25m", "gbp_txt": "£19.4m", "show": true }, { "id": "DEAL-LA-034", "date": "2019-10-21", "year": "2019", "kind": "funding_round", "company_text": "Signal AI (BIZ-SU-FIN-006)", "company_id": "BIZ-SU-FIN-006", "counterparty": "not stated in source", "amount": 25000000, "amount_text": "25000000", "currency": "USD", "valuation_reported": null, "summary": "Round for public-data market intelligence.", "sources_text": "https://techcrunch.com/tag/signal-ai/ — \"Signal AI taps $25M for public data-based market intelligence that spots trends and risks\"", "source_urls": [ "https://techcrunch.com/tag/signal-ai/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2019-10-21", "date_sort": "2019-10-21", "before_ledger_start": false, "amount_gbp": 19255950, "fx_rate": 1.2983, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2983 per £ on 2019-10-21", "fx_date": "2019-10-21", "fx_note": "", "txt": "US$25m", "gbp_txt": "£19.3m", "show": true }, { "id": "DEAL-LA-032", "date": "2019-09-03", "year": "2019", "kind": "funding_round", "company_text": "Elliptic (BIZ-SU-FIN-038)", "company_id": "BIZ-SU-FIN-038", "counterparty": "not stated in source", "amount": 23000000, "amount_text": "23000000", "currency": "USD", "valuation_reported": null, "summary": "Round for crypto-risk analytics.", "sources_text": "https://techcrunch.com/tag/elliptic/ — \"Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia\"", "source_urls": [ "https://techcrunch.com/tag/elliptic/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2019-09-03", "date_sort": "2019-09-03", "before_ledger_start": false, "amount_gbp": 19020840, "fx_rate": 1.2092, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2092 per £ on 2019-09-03", "fx_date": "2019-09-03", "fx_note": "", "txt": "US$23m", "gbp_txt": "£19m", "show": true }, { "id": "DEAL-SU-FIN-001", "date": "2019-08-01", "year": "2019", "kind": "funding_round", "company_text": "FNA (BIZ-SU-FIN-027)", "company_id": "BIZ-SU-FIN-027", "counterparty": "IQ Capital", "amount": 5500000, "amount_text": "5500000", "currency": "USD", "valuation_reported": null, "summary": "Series A; headline gives £4.5m", "sources_text": "https://www.uktech.news/news/regtech-startup-fna-raises-4-5m-series-a-20190801 — \"network analytics, AI and machine learning platform\"", "source_urls": [ "https://www.uktech.news/news/regtech-startup-fna-raises-4-5m-series-a-20190801" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2019-08-01", "date_sort": "2019-08-01", "before_ledger_start": false, "amount_gbp": 4526004, "fx_rate": 1.2152, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2152 per £ on 2019-08-01", "fx_date": "2019-08-01", "fx_note": "", "txt": "US$5.5m", "gbp_txt": "£4.5m", "show": true }, { "id": "DEAL-LA-026", "date": "2019-04-16", "year": "2019", "kind": "funding_round", "company_text": "Cytora (BIZ-SU-FIN-005)", "company_id": "BIZ-SU-FIN-005", "counterparty": "not stated in source", "amount": 25000000, "amount_text": "25000000", "currency": "GBP", "valuation_reported": null, "summary": "Series B for AI commercial-insurance underwriting.", "sources_text": "https://techcrunch.com/tag/cytora/ — \"Cytora secures £25M Series B for its AI-powered commercial insurance underwriting solution\"", "source_urls": [ "https://techcrunch.com/tag/cytora/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2019-04-16", "date_sort": "2019-04-16", "before_ledger_start": false, "amount_gbp": 25000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£25m", "gbp_txt": "£25m", "show": true }, { "id": "DEAL-LA-025", "date": "2019-04-03", "year": "2019", "kind": "funding_round", "company_text": "Onfido (BIZ-SU-FIN-002)", "company_id": "BIZ-SU-FIN-002", "counterparty": "SBI; Salesforce Ventures (co-leads); Microsoft", "amount": 50000000, "amount_text": "50000000", "currency": "USD", "valuation_reported": null, "summary": "Series C2.", "sources_text": "https://techcrunch.com/2019/04/03/onfido-which-verifies-ids-using-ai-nabs-50m-from-softbank-salesforce-microsoft-and-more/ — \"Onfido, which verifies IDs using AI, nabs $50M from SBI, Salesforce, Microsoft and more\"", "source_urls": [ "https://techcrunch.com/2019/04/03/onfido-which-verifies-ids-using-ai-nabs-50m-from-softbank-salesforce-microsoft-and-more/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2019-04-03", "date_sort": "2019-04-03", "before_ledger_start": false, "amount_gbp": 38005473, "fx_rate": 1.3156, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3156 per £ on 2019-04-03", "fx_date": "2019-04-03", "fx_note": "", "txt": "US$50m", "gbp_txt": "£38m", "show": true }, { "id": "DEAL-LA-020", "date": "2018-11-13", "year": "2018", "kind": "funding_round", "company_text": "Fluidly (new)", "company_id": "BIZ-SU-FIN-701", "counterparty": "Nyca Partners", "amount": 5000000, "amount_text": "5000000", "currency": "GBP", "valuation_reported": null, "summary": "Series A for machine-learning cash-flow forecasting for small firms.", "sources_text": "https://techcrunch.com/2018/11/13/fluidly/ — \"has raised £5 million in Series A funding. The round is led by New-York based Nyca Partners\"", "source_urls": [ "https://techcrunch.com/2018/11/13/fluidly/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2018-11-13", "date_sort": "2018-11-13", "before_ledger_start": false, "amount_gbp": 5000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5m", "gbp_txt": "£5m", "show": true }, { "id": "DEAL-PE-001", "date": "2018-09-27", "year": "2018", "kind": "funding_round", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "Vitruvian Partners (BIZ-INV-302); KKR and 1011 Ventures participating", "amount": 50000000, "amount_text": "50000000", "currency": "USD", "valuation_reported": "1650000000 USD", "summary": "Series E led by Vitruvian at a US$1.65bn valuation.", "sources_text": "https://darktrace.com/news/darktrace-raises-series-e-at-1-65bn-valuation — \"The investment is led by Vitruvian Partners\"; https://www.cityam.com/?p=17814 — \"raising its valuation to $1.65bn\"", "source_urls": [ "https://darktrace.com/news/darktrace-raises-series-e-at-1-65bn-valuation", "https://www.cityam.com/?p=17814" ], "confidence": "verified", "ledger": "ledger2", "page": "startups", "render": true, "same_event_as": "DEAL-LA-018", "date_text": "2018-09-27", "date_sort": "2018-09-27", "before_ledger_start": false, "amount_gbp": 38121378, "fx_rate": 1.3116, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3116 per £ on 2018-09-27", "fx_date": "2018-09-27", "fx_note": "", "txt": "US$50m", "gbp_txt": "£38.1m", "show": true }, { "id": "DEAL-LA-018", "date": "2018-09-26", "year": "2018", "kind": "funding_round", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "not stated in source", "amount": 50000000, "amount_text": "50000000", "currency": "USD", "valuation_reported": "1650000000 USD", "summary": "Round for AI cyber-security.", "sources_text": "https://techcrunch.com/tag/darktrace/ — \"UK cybersecurity firm Darktrace raises $50M, now valued at $1.65B\"", "source_urls": [ "https://techcrunch.com/tag/darktrace/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2018-09-26", "date_sort": "2018-09-26", "before_ledger_start": false, "amount_gbp": 37921881, "fx_rate": 1.3185, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3185 per £ on 2018-09-26", "fx_date": "2018-09-26", "fx_note": "", "txt": "US$50m", "gbp_txt": "£37.9m", "show": true }, { "id": "DEAL-LA-017", "date": "2018-09-20", "year": "2018", "kind": "funding_round", "company_text": "Cleo (BIZ-SU-FIN-015)", "company_id": "BIZ-SU-FIN-015", "counterparty": "Balderton Capital", "amount": 10000000, "amount_text": "10000000", "currency": "USD", "valuation_reported": null, "summary": "Series A for AI chatbot that gives insights into spending.", "sources_text": "https://techcrunch.com/2018/09/20/cleo-meet-balderton/ — \"has led Cleo’s $10 million Series A round\"", "source_urls": [ "https://techcrunch.com/2018/09/20/cleo-meet-balderton/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2018-09-20", "date_sort": "2018-09-20", "before_ledger_start": false, "amount_gbp": 7543754, "fx_rate": 1.3256, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3256 per £ on 2018-09-20", "fx_date": "2018-09-20", "fx_note": "", "txt": "US$10m", "gbp_txt": "£7.5m", "show": true }, { "id": "DEAL-LA-016", "date": "2018-09-11", "year": "2018", "kind": "funding_round", "company_text": "Ravelin (BIZ-SU-FIN-019)", "company_id": "BIZ-SU-FIN-019", "counterparty": "not stated in source", "amount": 8000000, "amount_text": "8000000", "currency": "GBP", "valuation_reported": null, "summary": "Series B for machine-learning e-commerce fraud detection.", "sources_text": "https://techcrunch.com/tag/ravelin/ — \"Ravelin raises £8M Series B to use machine learning to fight e-commerce fraud\"", "source_urls": [ "https://techcrunch.com/tag/ravelin/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2018-09-11", "date_sort": "2018-09-11", "before_ledger_start": false, "amount_gbp": 8000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£8m", "gbp_txt": "£8m", "show": true }, { "id": "DEAL-LA-007", "date": "2017-09-27", "year": "2017", "kind": "funding_round", "company_text": "Onfido (BIZ-SU-FIN-002)", "company_id": "BIZ-SU-FIN-002", "counterparty": "Crane Venture Partners (lead)", "amount": 30000000, "amount_text": "30000000", "currency": "USD", "valuation_reported": null, "summary": "Round for AI-based identity verification.", "sources_text": "https://techcrunch.com/2017/09/27/onfido-raises-30m-more-for-its-ai-based-identity-verification-technology/ — \"This latest round was led by new investor Crane Venture Partners.\"", "source_urls": [ "https://techcrunch.com/2017/09/27/onfido-raises-30m-more-for-its-ai-based-identity-verification-technology/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2017-09-27", "date_sort": "2017-09-27", "before_ledger_start": false, "amount_gbp": 22411475, "fx_rate": 1.3386, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3386 per £ on 2017-09-27", "fx_date": "2017-09-27", "fx_note": "", "txt": "US$30m", "gbp_txt": "£22.4m", "show": true }, { "id": "DEAL-LA-004", "date": "2017-07-26", "year": "2017", "kind": "funding_round", "company_text": "Cleo (BIZ-SU-FIN-015)", "company_id": "BIZ-SU-FIN-015", "counterparty": "LocalGlobe (lead)", "amount": 2000000, "amount_text": "2000000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round for chatbot that replaces banking apps.", "sources_text": "https://techcrunch.com/tag/cleo/ — \"Cleo, a chatbot that wants to replace your banking apps, raises £2M led by LocalGlobe\"", "source_urls": [ "https://techcrunch.com/tag/cleo/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2017-07-26", "date_sort": "2017-07-26", "before_ledger_start": false, "amount_gbp": 2000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2m", "gbp_txt": "£2m", "show": true }, { "id": "DEAL-LA-003", "date": "2017-07-11", "year": "2017", "kind": "funding_round", "company_text": "Darktrace (BIZ-SU-FIN-003)", "company_id": "BIZ-SU-FIN-003", "counterparty": "not stated in source", "amount": 75000000, "amount_text": "75000000", "currency": "USD", "valuation_reported": "825000000 USD", "summary": "Round for AI cyber-security.", "sources_text": "https://techcrunch.com/tag/darktrace/ — \"More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation\"", "source_urls": [ "https://techcrunch.com/tag/darktrace/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2017-07-11", "date_sort": "2017-07-11", "before_ledger_start": false, "amount_gbp": 58393024, "fx_rate": 1.2844, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2844 per £ on 2017-07-11", "fx_date": "2017-07-11", "fx_note": "", "txt": "US$75m", "gbp_txt": "£58.4m", "show": true } ] }