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The London TechWatch Startup Daily Funding Report: 22/1/2024

London TechWatch by London TechWatch
The London TechWatch Startup Daily Funding Report: 22/1/2021
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The latest venture capital, seed, pre-seed, and angel deals for London startups for 22/1/2024 featuring funding details for ElevenLabs, Recraft, and much more. This page will be updated throughout the day to reflect any new fundings.


ElevenLabs – $80M

ElevenLabs, an AI-powered voice synthesis platform, has raised $80M in Series B funding from investors that include Sequoia Capital, Andreessen Horowitz, SVA, Credo Ventures, Nat Friedman, Daniel Gross, BroadLight Capital, and Smash Capital. Founded by Mati Staniszewski and Piotr Dabkowski in 2022, ElevenLabs has now raised a total of $101M in reported equity funding.


Recraft – $12M

Recraft, an AI-powered graphic design generator, has raised $12M in Series A funding from investors that include Khosla Ventures, Abstract Ventures, RTP Global, Elad Gil, Basis Set Ventures, Nat Friedman, Dharmesh Shah, Akshay Kothari, and Zhenya Loginov. Recraft was founded by Anna Veronika Dorogush in 2022.


Billionaires wanted it, but 54,578 everyday investors got it first… and profited

When incredibly rare and valuable assets come up for sale, it’s typically the wealthiest people that end up taking home an amazing investment. But not always…

One platform is taking on the billionaires at their own game, buying up and fractionalizing some of history’s most prized blue-chip artworks for its investors.

It’s called Masterworks. Their nearly $1 billion collection includes works by greats like Banksy, Picasso, and Basquiat, all of which are collectively owned by everyday investors. When Masterworks sells a painting – like the 16 it’s already sold – investors could share in the profits.

Offerings can sell out in minutes, but AlleyWatch readers can skip the waitlist with this exclusive link.

LEARN MORE

Investing involves risk and past performance is not indicative of future returns. See important Reg A disclosures and aggregate advisory performance at masterworks.com/cd

Vertice – $25M

Vertice, an Ai-powered sofware expense management platform, has raised $25M in Series B funding from investors that include Bessemer Venture Partners and 83North. Founded by Eldar Tuvey, Roy Tuvey in 2021, Vertice has now raised a total of $50.9M in reported equity funding.


SKY ENGINE AI – $7M

SKY ENGINE AI, a sytthentic data cloud for deep learning for computer vision, has raised $7M in Series A funding led by Cogito Capital Partners. SKY ENGINE AI was founded by Bartek Wlodarczyk and Jakub Pietrzak in 2018.


The London TechWatch 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.


Tags: 83NorthAbstract VenturesAkshay KothariAndreessen HorowitzAnna Veronika DorogushBartek WlodarczykBasis Set VenturesBessemer Venture PartnersBroadLight CapitalCogito Capital PartnersCredo VenturesDaniel GrossDharmesh ShahElad GilElevenLabsJakub PietrzakKhosla VenturesMati StaniszewskiNat FriedmanPiotr DabkowskiRecraftRTP GlobalSequoia CapitalSKY ENGINE AISmash CapitalSVAVerticeZhenya Loginov
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