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 18/5 featuring news for Purple Dot, ekko, Peachies, and much, much more.
PolyAI – $50M
PolyAI, a provider of enterprise voice assistants, has raised $50M in Series C funding from investors that include Khosla Ventures, Passion Capital, Point72 Ventures, Sands Capital Ventures, Georgian, NVentures, Hedosophia, and Zendesk. Founded by Nikola Mrksic, Pei-Hao Su, and Tsung-Hsien Wen in 2017, PolyAI has now raised a total of $116M in reported equity funding.
Sona – $27.5M
Sona, an intelligent workforce management platform for frontline employees, has raised $27.5M in Series A funding led by Felicis. Founded by Ben Dixon, Oli Johnson, and Steffen Wulff Petersen in 2021, Sona has now raised a total of $36.5M in reported equity funding.
Purple Dot – $10M
Purple Dot, a pre-order operations platform for e-commerce brands to optimise the risk of inventory loss, has raised $10M in Series A funding led OpenOcean. Founded by John Talbott and Madeline Parra in 2019, Purple Dot has now raised a total of $15.8M in reported equity funding.
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Tiney – £7.2M
Tiney, a childcare and early years education startup, has raised £7.2M in Series A funding led by Mustard Seed. Founded by Brett Wigdortz OBE, Edd Read, John Newbold, and Stephanie Leung in 2018, Tiney has now raised a total of $16.8M in reported equity funding.
All Things Butter – £2.2M
All Things Butter, an organic butter brand, has raised £2.2M in Seed funding led by Access Industries. Founded by Thomas Straker and Toby Hoppy in 2023, All Things Butter has now raised a total of £2.7M in reported equity funding.
ekko – $2.5M
ekko, a sustainable financial services platform, has raised $2.5M in Venture funding from investors that include led by Fuel Ventures. Founded by Manish Vara, Oli Cook, Simon Toller, and Tom Greenwood in 2019, ekko has now raised a total of $2.9M in reported equity funding.
Zeal – $2M
Zeal, a defi wallet platform, has raised $2M in Venture funding led by Gnosis. Founded by Hannes Graah in , Zeal has now raised a total of $9M in reported equity funding.
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Peachies – £1.4M
Peachies, a biodegradable diaper brand, has raised £1.4M in Venture funding from investors that include led by Anotherway Ventures. Peachies was founded by Rima Suppan and Morgan Mixon in 2021.
Incredible – $1M
Incredible, a credit card repayment platform built on open banking, has raised $1M in Pre-Seed funding from investors that include Fuel Ventures, Angel Invest, Mark Ransford, Russell Smith, Al Giles, Joe Cross, Keith Grose, Michael Tefula, and Thomas Schreiber. Incredible was founded by Yaseen Rostom in 2022.
Pots for Tots – £400K
Pots for Tots, a healthy readymade children’s food brand, has raised £400K in Angel funding from investors that include high net worth individuals and angel investors. Founded by Cherrelle Beckitt in 2020, Pots for Tots has now raised a total of £550K in reported equity funding.
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.
