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Home London Tech Talk #LondonTech

#Londontech Week in Review: 21/5/23-27/5/23

London TechWatch by London TechWatch
#Londontech Week in Review: 21/5/23-27/5/23
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With so much going on in the thriving London Tech ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in London Tech News for the week ending 27/5 featuring news for UNDO, DataOps, and much, much more.


Builder.ai – $250M

Builder.ai, an AI-powered no-code software development platform, has raised $250M in Series D funding led by Qatar Investment Authority. Founded by Sachin Dev Duggal and Saurabh Dhoot in 2016, Builder.ai has now raised a total of $445M in reported equity funding.


Paydock – £25M

Paydock, a payment orchestration platform, has raised £25M in Series A funding led by Silverstripe Investment Management Limited. Paydock was founded by Robert Lincolne in 2015.


DataOps – $17.5M

DataOps, a platform that brings DevOps automation to Snowflake’s cloud platform, has raised $17.5M in venture funding led by Notion Capital. DataOps was founded by Justin Mullen and Guy Adams in 2018.


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Satellite Vu – £12.7M

Satellite Vu, a climate focused observation platform that uses satellites to monitor the temperature of all buildings, has raised £12.7M in Series A funding led by Molten Ventures. Founded by Anthony Baker, Simon Tucker, and Tobias Reinicke in 2016, Satellite Vu has now raised a total of £30.5M in reported equity funding.


Laced – $12M

Laced, a resale marketplace for sneakers, has raised $12M in Series A funding led by Talis Capital. Founded by Chris Gibbons in 2018, Laced has now raised a total of $13M in reported equity funding.


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UNDO – £9.6M

UNDO, a climate startup that uses volcanic dust to solidify carbon resulting in carbon reduction in the atmosphere, has raised £9.6M in venture funding led by Lowercarbon Capital and AENU. UNDO was founded by Jim Mann in 2022.


Konfir – £2M

Konfir, an instant employment verification platform, has raised £2M in Seed funding from investors that include Triple Point Ventures, Portfolio Ventures, and Love Ventures. Founded by Chris Milligan in 2022, Konfir has now raised a total of £2M in reported equity funding.


CareerPaths – $250K

CareerPaths, a career mentoring platform, has raised $250K in Pre-Seed funding led by Qventures. CareerPaths was founded by Guy Ellis and Saad Farooq in 2021.


Attention seed-stage founders! 43North is on the hunt for its next cohort. Five companies will receive a $1M investment for 5% equity. The best part? The money is only the beginning. At 43North, you’ll gain access to funding, mentorship and connections designed to fuel your growth and propel your business forward. Learn more and apply at 43North.org.


Tags: AENUAnthony BakerBuilder.aiCareerPathsChris GibbonsChris MilliganDataOpsGuy AdamsGuy EllisJim MannJustin MullenKonfirLacedLove VenturesLowercarbon CapitalMolten VenturesNotion CapitalPaydockPortfolio VenturesQatar Investment AuthorityQVenturesRobert LincolneSaad FarooqSachin Dev DuggalSatellite VuSaurabh DhootSilverstripe Investment Management LimitedSimon TuckerTalis CapitalTobias ReinickeTriple Point VenturesUNDO
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