Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of June. I have included some additional information as well such as industry, founding year, brief funding description, founders, total funding raised, to further the analysis of the state of venture capital in London. For the purposes of this analysis, only equity funding rounds were considered.
6. F1 Arcade £30.0M
Round: Venture
Description: F1 Arcade is an immersive hospitality concept that offers the thrill, glitz, and excitement of Formula 1 racing to the general public. Founded by Logan Sargeant, Liberty Media, Formula 1, Imbiba, and Zak Brown in 2021, F1 Arcade has now raised a total of £30.0M in total equity funding and is backed by Logan Sargeant, Liberty Media, Formula 1, Imbiba, and Zak Brown.
Investors in the round: Formula 1, Imbiba, Lando Norris, Liberty Media, Logan Sargeant, Zak Brown
Industry: Gaming, Hospitality, Racing
Founders: Adam Breeden, Oliver Raison
Founding year: 2021
Total equity funding raised: £30.0M
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. Gensyn £33.8M
Round: Series A
Description: Gensyn is a machine learning compute protocol for the world’s deep learning models. Founded by Protocol Labs, Galaxy Digital, Entrepreneur First, Canonical Crypto, and 7percent Ventures in 2020, Gensyn has now raised a total of $49.8M in total equity funding and is backed by Protocol Labs, Galaxy Digital, Entrepreneur First, Canonical Crypto, and 7percent Ventures.
Investors in the round: a16z crypto, Canonical Crypto, CoinFund, Eden Block, Id4 ventures, M31 Capital, Maven 11 Capital, Peer Venture Partners, Protocol Labs, Zee Prime Capital
Industry: Blockchain, Cryptocurrency, Machine Learning
Founders: Ben Fielding, Harry Grieve
Founding year: 2020
Total equity funding raised: $49.8M
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. GetHarley $52.0M
Round: Series B
Description: GetHarley is an online platform that connects consumers with physicians and personalized skin care products. Founded by Village Global, Visionaries Club, Index Ventures, and Headline in 2019, GetHarley has now raised a total of $67.0M in total equity funding and is backed by Village Global, Visionaries Club, Index Ventures, and Headline.
Investors in the round: Headline, Index Ventures, Village Global, Visionaries Club
Industry: Consulting, Cosmetics, Health Care, Wellness
Founders: Charmaine Chow
Founding year: 2019
Total equity funding raised: $67.0M
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.
3. Volt.io $60.0M
Round: Series B
Description: Volt.io is building the global infrastructure for real-time payments everywhere. Founded by Augmentum Fintech, EQT Ventures, IVP, CommerzVentures, and Fuel Ventures in 2019, Volt.io has now raised a total of $84.8M in total equity funding and is backed by Augmentum Fintech, EQT Ventures, IVP, CommerzVentures, and Fuel Ventures.
Investors in the round: Augmentum Fintech, CommerzVentures, EQT Ventures, Fuel Ventures, IVP
Industry: Financial Services, FinTech
Founders: Jordan Lawrence, Steffen Vollert, Tom Greenwood
Founding year: 2019
Total equity funding raised: $84.8M
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. Synthesia $90.0M
Round: Series C
Description: Synthesia offers an AI-powered video synthesis platform that enables businesses to generate personalized videos from plain text. Founded by Google Ventures, FirstMark, Accel, MMC Ventures, and Kleiner Perkins in 2017, Synthesia has now raised a total of $156.6M in total equity funding and is backed by Google Ventures, FirstMark, Accel, MMC Ventures, and Kleiner Perkins.
Investors in the round: Accel, Alex Wang, Amjad Masad, FirstMark, Google Ventures, Kleiner Perkins, Olivier Pomel
Industry: Artificial Intelligence, Content Creators, Software, Video, Video Editing
Founders: Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, Victor Riperbelli
Founding year: 2017
Total equity funding raised: $156.6M
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.
1. Nothing $96.0M
Round: Series C
Description: Nothing is a consumer tech company that develops a digital technology to connect products and services. Founded by C Capital, Crowdcube, Animoca Brands, Google Ventures, and EQT Ventures in 2020, Nothing has now raised a total of $252.9M in total equity funding and is backed by C Capital, Crowdcube, Animoca Brands, Google Ventures, and EQT Ventures.
Investors in the round: C Capital, EQT Ventures, Google Ventures, Highland Europe, Swedish House Mafia
Industry: Consumer, Consumer Electronics, Consumer Software, Information Technology
Founders: Akis Evangelidis, Carl Pei
Founding year: 2020
Total equity funding raised: $252.9M
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.
