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 20/4 featuring news for OpenTrade, Waymap, Lawhive, and much, much more.
Skyports – $110M
Skyports, an electric air taxi infrastructure and drone services startup, has raised $110M in Series C funding led by ACS Group Directory. Founded by Duncan Walker and Simon Morrish in 2017, Skyports has now raised a total of $143.5M in reported equity funding.
Wagestream – £17.5M
Wagestream, a flexible solution for workers to manage their wages and payday gaps, has raised £17.5M in Venture funding led by British Patient Capital. Founded by Peter Briffett, Portman Wills in 2018, Wagestream has now raised a total of $132M in reported equity funding.
Pactio – $14M
Pactio, an automation platform for the private equity market to manage deal workflows, has raised $14M in Series A funding led by EQT Ventures. Founded by Eric Heimark and Lorenzo Foglianti Spadini in 2021, Pactio has now raised a total of $18.4M in reported equity funding.
Lawhive – £9.5M
Lawhive, an AI-based legal platform for small law firms, has raised £9.5M in Seed funding led by Google Ventures. Founded by Flinn Dolman, Jaime van Oers, and Pierre Proner in 2019, Lawhive has now raised a total of $14.1M in reported equity funding.
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Phlo – £9M
Phlo, an online pharmacy and delivery platform, has raised £9M in Venture funding led by Par Equity. Founded by Nadeem Sarwar in 2019, Phlo has now raised a total of £23.1M in reported equity funding.
TransferGo – $10M
TransferGo, a platform for international money transfers, has raised $10M in additional funding led by Taiwania Capital Management Corporation. Founded by Arnas Lukosevicius, Daumantas Dvilinskas, Edvinas Sersniovas, and Justinas Lasevicius in 2012, TransferGo has now raised a total of $131.5M in reported equity funding.
Waymap – £7M
Waymap, an indoor and outdoor navigation platform, has raised £7M in venture funding led by TELUS Pollinator Fund for Good. Waymap was founded by Tom Pey in 2017.
Veremark – $3M
Veremark, a pre-employment backgrounds screening platform, has raised $3M in Series B funding led by Stage 2 Capital and Samaipata. Founded by Angus Bankes, Daniel Braithwaite, Daniel Callaghan, and Nick Johnston in 2020, Veremark has now raised a total of $16M in reported equity funding.
OpenTrade – $3.2M
OpenTrade, a institutional platform for lending and yield products for web3, has raised $3.2M in Seed funding from investors that include a16z crypto, Draper Dragon, Ryze Labs, CMCC Global, and Plassa Capital. Founded by Jeff Handler and Dave Sutter in 2023, OpenTrade has now raised a total of $4.7M in reported equity funding.
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FilmChain – €2.8M
FilmChain, a payment automation platform for the TV and film industry, has raised €2.8M in Venture funding led by The Holt Xchange. FilmChain was founded by Irina Albita and Maria Tanjala in 2018.
Huzzle – £1.4M
Huzzle, a recruitment platform for college students, has raised £1.4M in Pre-Seed funding led by 10x Founders. Founded by Amit Choudhary, Ingmar Klein, and Parham Rakhshanfar in 2021, Huzzle has now raised a total of $3.9M in reported equity funding.
HealthKey – £1.13M
HealthKey, an infrastructure platform that connects employers and insurers with digital healthcare providers, has raised £1.13M in Seed funding led by Aviva Ventures. HealthKey was founded by David Tejs Jorring and Tudor Cotop in 2023.
Tangent – $1.1M
Tangent, an job referral platform focused on fostering inclusivity, has raised $1.1M in Pre-Seed funding from investors that include SyndicateRoom, Zinc, Catherine Lenson, Andrew Robb, and Leonard Picardo. Tangent was founded by Gary Izunwa and Joe Adams in 2022.
Lemon – £500K
Lemon, a platform for SMBs to optimize their SaaS subscription spend, has raised £500K in Venture funding led by SFC Capital and Pitchdrive. Lemon was founded by Matt Bird in 2023.
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.
