Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of November. 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.
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
7. Gravitiq $55.0M
Round: Seed
Description: Gravitiq scale the best e-commerce health & personal care brands and help everyone take control of their health. Founded by Sachin Srivastava and Saurabh Srivastava in 2021, Gravitiq is backed by CoVenture Holding Company LLC and Crossbeam Venture Partners.
Investors in the round: CoVenture Holding Company LLC, Crossbeam Venture Partners
Industry: Consumer Goods
Founders: Sachin Srivastava, Saurabh Srivastava
Founding year: 2021
Total equity funding raised: $55.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
6. Permutive $75.0M
Round: Series C
Description: Permutive is an audience platform for advertisers and publishers to plan, build, and activate cohorts while keeping everyone’s data safe. Founded by Joe Root and Tim Spratt in 2013, Permutive has now raised a total of $105.0M in total equity funding and is backed by ACE & Company, EQT Ventures, Octopus Ventures, and SoftBank Vision Fund.
Investors in the round: ACE & Company, EQT Ventures, Octopus Ventures, SoftBank Vision Fund
Industry: Advertising, Infrastructure, Management Information Systems, Publishing
Founders: Joe Root, Tim Spratt
Founding year: 2013
Total equity funding raised: $105.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
5. OTA Insight $80.0M
Round: Series B
Description: OTA Insight empowers hoteliers to make smarter revenue and distribution decisions through its market-leading suite of cloud-based business intelligence solutions including Rate Insight, Parity Insight and Revenue Insight. Founded by Adriaan Coppens, Gino Engels, and Matthias Geeroms in 2012, OTA Insight has now raised a total of $100.0M in total equity funding and is backed by Eight Roads Ventures, F-Prime Capital, Highgate Ventures, and Spectrum Equity.
Investors in the round: Eight Roads Ventures, F-Prime Capital, Highgate Ventures, Spectrum Equity
Industry: Analytics, Business Intelligence, Hospitality, Hotel, Information Technology, SaaS, Software
Founders: Adriaan Coppens, Gino Engels, Matthias Geeroms
Founding year: 2012
Total equity funding raised: $100.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Payhawk $112.0M
Round: Series B
Description: Payhawk is a financial system that combines credit cards, payments, expenses, and cash into one integrated experience. Founded by Boyko Karadzhov, Hristo Borisov, and Konstantin Dzhengozov in 2018, Payhawk has now raised a total of $136.1M in total equity funding and is backed by Earlybird Venture Capital, Eleven Ventures, Greenoaks, and QED Investors.
Investors in the round: Earlybird Venture Capital, Eleven Ventures, Greenoaks, QED Investors
Industry: Financial Services, FinTech, Payments, Software
Founders: Boyko Karadzhov, Hristo Borisov, Konstantin Dzhengozov
Founding year: 2018
Total equity funding raised: $136.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. Quell Therapeutics $156.0M
Round: Series B
Description: Quell Therapeutics is a cell therapy company Founded by Alberto Sanchez-Fueyo, Giovanna Lombardi, Hans Stauss, and Marc Martinez-Llordella in 2019, Quell Therapeutics has now raised a total of $240.5M in total equity funding and is backed by British Patient Capital, Fidelity Management and Research Company, Janus Henderson Investors, Jeito Capital, Monashee Investment Management, Point72, Ridgeback Capital, SV Health Investors, Syncona Partners LLP, and Tekla Capital Management.
Investors in the round: British Patient Capital, Fidelity Management and Research Company, Janus Henderson Investors, Jeito Capital, Monashee Investment Management, Point72, Ridgeback Capital, SV Health Investors, Syncona Partners LLP, Tekla Capital Management
Industry: Association, Biotechnology, Education
Founders: Alberto Sanchez-Fueyo, Giovanna Lombardi, Hans Stauss, Marc Martinez-Llordella
Founding year: 2019
Total equity funding raised: $240.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
2. Motorway $190.0M
Round: Series C
Description: Motorway is an online used-car marketplace for professional car dealers that sells their cars using their smartphones. Founded by Alex Buttle, Harry Jones, and Tom Leathes in 2017, Motorway has now raised a total of $276.1M in total equity funding and is backed by BMW i Ventures, ICONIQ Growth, Index Ventures, Latitude Investment Management, and Unbound.
Investors in the round: BMW i Ventures, ICONIQ Growth, Index Ventures, Latitude Investment Management, Unbound
Industry: Automotive, Consumer Reviews, E-Commerce, Electric Vehicle, Marketplace
Founders: Alex Buttle, Harry Jones, Tom Leathes
Founding year: 2017
Total equity funding raised: $276.1M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
1. Thought Machine $200.0M
Round: Series C
Description: Thought Machine is a Fintech company that builds cloud-native technology to revolutionize core banking. Founded by Paul Taylor in 2014, Thought Machine has now raised a total of $348.6M in total equity funding and is backed by BACKED VC, British Patient Capital, Eurazeo, ING Ventures, IQ Capital, JPMorgan Chase & Co., Lloyds Banking Group, Molten Ventures, Nyca Partners, SC Ventures, and SEB (Skandinaviska Enskilda Banken).
Investors in the round: BACKED VC, British Patient Capital, Eurazeo, ING Ventures, IQ Capital, JPMorgan Chase & Co., Lloyds Banking Group, Molten Ventures, Nyca Partners, SC Ventures, SEB (Skandinaviska Enskilda Banken)
Industry: Banking, Enterprise Software, Financial Services, FinTech
Founders: Paul Taylor
Founding year: 2014
Total equity funding raised: $348.6M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (London Tech, NYC Tech, LA Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the London business community and beyond. Find out how to run a digital campaign that will return your investment here.
