Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of April. 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) 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. Jigsaw £12.0M
Round: Series A
Description: Jigsaw builds diagrams, allowing users to both visualize and manipulate the complex underlying data. Founded by Stephen Scanlan and Travis Leon in 2019, Jigsaw has now raised a total of £12.0M in total equity funding and is backed by Morgan Stanley, Exor Ventures, and KKR India Asset Finance.
Investors in the round: Exor Ventures, KKR India Asset Finance, Morgan Stanley
Industry: Computer, Data Visualization, Legal Tech, Software
Founders: Stephen Scanlan, Travis Leon
Founding year: 2019
Total equity funding raised: £12.0M
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) 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. Mimo £15.5M
Round: Series A
Description: Mimo offers a beautiful, easy-to-use tool to manage, understand and control payments and cash flow, saving you time and money. Founded by Alexander Segerby, Andreas Meisingseth, and Henrik Grim in 2023, Mimo has now raised a total of £15.5M in total equity funding and is backed by Seedcamp, Cocoa, Northzone, and Upfin.
Investors in the round: Cocoa, Northzone, Seedcamp, Upfin
Industry:
Founders: Alexander Segerby, Andreas Meisingseth, Henrik Grim
Founding year: 2023
Total equity funding raised: £15.5M
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) 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. Cynomi $20.0M
Round: Series A
Description: Cynomi provides full virtual CISO services at scale. Founded by David Primor and Roy Azoulay in 2020, Cynomi has now raised a total of $23.5M in total equity funding and is backed by Aloniq, Flint Capital, s16vc, Lytical Ventures, and Canaan Partners.
Investors in the round: Aloniq, Canaan Partners, Flint Capital, s16vc
Industry: Cyber Security
Founders: David Primor, Roy Azoulay
Founding year: 2020
Total equity funding raised: $23.5M
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) 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. ID5 $20.0M
Round: Series B
Description: ID5 is an independent shared identity infrastructure for ad tech platforms and premium publishers Founded by Mathieu Roche, Pierre-Antoine Durgeat, and Scott Menzer in 2017, ID5 has now raised a total of $27.2M in total equity funding and is backed by TransUnion, 360 Capital, Seventure Partners, AperiamVentures, and Progress Ventures.
Investors in the round: 360 Capital, AperiamVentures, Axio Capital, Progress Ventures, S4S Ventures, Seventure Partners, TransUnion
Industry: Advertising, Information Technology, Internet, Marketing
Founders: Mathieu Roche, Pierre-Antoine Durgeat, Scott Menzer
Founding year: 2017
Total equity funding raised: $27.2M
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) 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. Wagestream £17.5M
Round: Venture
Description: Wagestream is a financial services firm that allows employees to access a portion of their earned wages before payday. Founded by Peter Briffett and Portman Wills in 2018, Wagestream has now raised a total of $131.8M in total equity funding and is backed by Ascension, XYZ Venture Capital, BlackRock, Smash Capital, and Lombard Odier.
Investors in the round: British Patient Capital, Lombard Odier, Northzone
Industry: Apps, Finance, Financial Services, FinTech
Founders: Peter Briffett, Portman Wills
Founding year: 2018
Total equity funding raised: $131.8M
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) 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. Skyports £88.0M
Round: Series C
Description: Skyports provides urban air mobility infrastructure and manages end-to-end drone delivery services. Founded by Duncan Walker and Simon Morrish in 2017, Skyports has now raised a total of $143.4M in total equity funding and is backed by Groupe ADP, Deutsche Bahn Digital Ventures, Levitate Capital, ST Engineering Ventures Fund, and Irelandia Aviation.
Investors in the round: Groupe ADP, Iridium
Industry: Aerospace, Drone Management, Transportation, Travel
Founders: Duncan Walker, Simon Morrish
Founding year: 2017
Total equity funding raised: $143.4M
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) 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.
