Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of April. I have included some additional information as well such as industry, founding year, brief funding description, founders, total funding raised, to further the analysis for the state of venture capital in London. For the purposes of this analysis, only equity funding rounds were considered.
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11. Zedsen $12.0M
Round: Series B
Description: Zedsen provides biosensors that create a 3-Dimensional electrical field and gathers biological signals within a human body. Founded by Paul Honeywell in 2014, Zedsen has now raised a total of $12.0M in total equity funding and is backed by investors that include Joseph Grano, Nasser J. Kazeminy, James W. Harpel, Bonnie McElveen Hunter, and Tony Rice.
Investors in the round: Bonnie McElveen Hunter, James W. Harpel, Joseph Grano, Nasser J. Kazeminy, Tony Rice
Industry: Biotechnology, Health Care, Lifestyle
Founders: Paul Honeywell
Founding year: 2014
Total equity funding raised: $12.0M
10. Synthesia $12.5M
Round: Series A
Description: Synthesia helps you generate professional-looking AI videos from text in minutes. Founded by Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, and Victor Riperbelli in 2017, Synthesia has now raised a total of $16.6M in total equity funding and is backed by investors that include FirstMark, Mark Cuban, Seedcamp, MMC Ventures, and Taavet Hinrikus.
Investors in the round: FirstMark
Industry: Artificial Intelligence, E-Learning, Marketing, Sales Automation, Video
Founders: Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, Victor Riperbelli
Founding year: 2017
Total equity funding raised: $16.6M
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9. Payhawk $20.0M
Round: Series A
Description: Payhawk is the financial system of tomorrow that combines credit cards, payments, expenses and cash into one integrated experience. Founded by Boyko Karadzhov, Hristo Borisov, and Konstantin Djengozov in 2018, Payhawk has now raised a total of $24.1M in total equity funding and is backed by investors that include Earlybird Venture Capital, QED Investors, Eleven Ventures, Tiny VC, and Mark Ransford.
Investors in the round: Earlybird Venture Capital, QED Investors
Industry: Accounting, Finance, Financial Services, FinTech, Payments, Software
Founders: Boyko Karadzhov, Hristo Borisov, Konstantin Djengozov
Founding year: 2018
Total equity funding raised: $24.1M
8. Pots & Co €16.7M
Round: Venture
Description: Pots & Co has a divine range of individual desserts, developed by Michelin-trained chefs for restaurant quality at home. Founded by Julian Dyer in 2012, Pots & Co has now raised a total of €16.7M in total equity funding and is backed by investors that include 301 义⹃ƪ匀
Investors in the round: 301 INC
Industry: Restaurants
Founders: Julian Dyer
Founding year: 2012
Total equity funding raised: €16.7M
7. Taster $37.0M
Round: Series B
Description: Taster is a food delivery company that operates dozens of restaurants that only exist on food delivery platforms. Founded by Anton Soulier in 2017, Taster has now raised a total of $50.1M in total equity funding and is backed by investors that include Battery Ventures, LocalGlobe, Kima Ventures, Global Founders Capital, and Heartcore Capital.
Investors in the round: Battery Ventures, Founders Future, Global Founders Capital, Heartcore Capital, Latitude, Octopus Ventures, Rakuten Capital
Industry: E-Commerce, Food and Beverage, Food Delivery, Restaurants
Founders: Anton Soulier
Founding year: 2017
Total equity funding raised: $50.1M
6. Proximie $38.0M
Round: Series B
Description: Proximie is a health technology platform that enables surgeons to virtually attend operating theaters to visually guide complex surgeries. Founded by Nadine Haram and Talal Ali Ahmad in 2016, Proximie has now raised a total of $38.0M in total equity funding and is backed by investors that include F-Prime Capital, Maverick Ventures, BECO Capital, Draper Associates, and Endeavor Catalyst.
Investors in the round: BECO Capital, Cedar Mundi Ventures, Eight Roads Ventures, F-Prime Capital, Global Ventures, Maverick Ventures, Questa Capital Management
Industry: Augmented Reality, Collaboration, Health Care, Medical
Founders: Nadine Haram, Talal Ali Ahmad
Founding year: 2016
Total equity funding raised: $38.0M
5. FintechOS €50.0M
Round: Series B
Description: FintechOS is driving a paradigm shift in the way financial products and services are created by making banks and insurers truly customer-centric. Founded by Sergiu Negut and Teodor Blidarus in 2017, FintechOS has now raised a total of $76.1M in total equity funding and is backed by investors that include Draper Esprit, Earlybird Venture Capital, OTB Ventures, Earlybird Digital East (Fund I), and LAUNCHub Ventures.
Investors in the round: Draper Esprit, Earlybird Digital East (Fund I), Gapminder VC, LAUNCHub Ventures, OTB Ventures
Industry: Artificial Intelligence, Enterprise Software, Financial Services, FinTech, Information Technology, Venture Capital
Founders: Sergiu Negut, Teodor Blidarus
Founding year: 2017
Total equity funding raised: $76.1M
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4. Starling Bank £50.0M
Round: Series D
Description: Starling Bank is a mobile banking platform that offers personal, joint, and business accounts. Founded by Anne Boden in 2014, Starling Bank has now raised a total of £585.0M in total equity funding and is backed by investors that include Goldman Sachs, Fidelity Management and Research Company, Millennium Management, Qatar Investment Authority, and Future Fifty.
Investors in the round: Goldman Sachs
Industry: Banking, Financial Services, FinTech
Founders: Anne Boden
Founding year: 2014
Total equity funding raised: £585.0M
3. TrueLayer $70.0M
Round: Series D
Description: TrueLayer is a fintech platform utilized to build financial apps that connect to bank data, verify accounts, and access transactions. Founded by Francesco Simoneschi and Luca Martinetti in 2016, TrueLayer has now raised a total of $141.8M in total equity funding and is backed by investors that include Tencent, Temasek Holdings, Addition, Northzone, and Anthemis Group.
Investors in the round: Addition, Anthemis Group, Connect Ventures, Daniel Graf, David Avgi, Mouro Capital, Northzone, Surojit Chatterjee, Taavet Hinrikus, Temasek Holdings, Tencent, Visionaries Club, Zack Kanter
Industry: Banking, Developer APIs, Developer Tools, FinTech
Founders: Francesco Simoneschi, Luca Martinetti
Founding year: 2016
Total equity funding raised: $141.8M
2. Tripledot Studios $78.0M
Round: Series A
Description: Tripledot Studios is a mobile games studio. Founded by Akin Babayigit, Eyal Chameides, and Lior Shiff in 2017, Tripledot Studios has now raised a total of $86.0M in total equity funding and is backed by investors that include Eldridge, Lightspeed Venture Partners, Access Industries, and Velo Partners.
Investors in the round: Access Industries, Eldridge, Lightspeed Venture Partners
Industry: Apps, Mobile, PC Games
Founders: Akin Babayigit, Eyal Chameides, Lior Shiff
Founding year: 2017
Total equity funding raised: $86.0M
1. Zilch €66.7M
Round: Series B
Description: Zilch is a buy now, pay later app that allows its customers to shop wherever Mastercard is accepted. Founded by Philip Belamant in 2018, Zilch has now raised a total of $120.3M in total equity funding and is backed by investors that include M&F Fund, Gauss Ventures, and Simon Nixon.
Investors in the round: Gauss Ventures, M&F Fund
Industry: Banking, Financial Services, FinTech, Payments
Founders: Philip Belamant
Founding year: 2018
Total equity funding raised: $120.3M
Make an impact on your bottom line and drive leads in 2021!
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the London business community and beyond. Learn more about advertising to London Tech, at scale.
