Armed with some data from our friends at CrunchBase, I broke down the largest London startup funding rounds during the month of August. 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.
7. Parfin $10.0M
Round: Series A
Description: Parfin is a fintech company that provides secure digital asset custody, trading, and management through a web3 infrastructure. Founded by Alex Buelau, Cristian Bohn, and Marcos Viriato in 2019, Parfin has now raised a total of $32.4M in total equity funding and is backed by Framework Ventures, ParaFi Capital, Vortx, Valor Capital Group, and Alexia Ventures.
Investors in the round: Framework Ventures, L4 Venture Builder, Nuclea, ParaFi Capital
Industry: Finance, Financial Services, FinTech, Web3
Founders: Alex Buelau, Cristian Bohn, Marcos Viriato
Founding year: 2019
Total equity funding raised: $32.4M
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.
6. Gaussion €10.9M
Round: Series A
Description: Gaussion develops a novel solution using an external magnetic field to enhance battery performance. Founded by Chun Tan and Thomas Heenan in 2017, Gaussion has now raised a total of $15.5M in total equity funding and is backed by Autotech Ventures, BGF Ventures, and UCL Technology Fund.
Investors in the round: Autotech Ventures, BGF Ventures, UCL Technology Fund
Industry: Battery, Renewable Energy, Semiconductor
Founders: Chun Tan, Thomas Heenan
Founding year: 2017
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.
5. FRVR $12.7M
Round: Venture
Description: FRVR is a gaming distribution platform that connects players with browser-based games. Founded by Brian Meidell and Chris Benjaminsen in 2014, FRVR has now raised a total of $91.7M in total equity funding and is backed by Accel, Makers Fund, Hiro Capital, Indico Capital Partners, and Iberis Capital.
Investors in the round: Hiro Capital, Iberis Capital, Indico Capital Partners, Lince Capital
Industry: Android, Casual Games, Gaming, Software, Video Games
Founders: Brian Meidell, Chris Benjaminsen
Founding year: 2014
Total equity funding raised: $91.7M
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. Hexarad £11.2M
Round: Series B
Description: Hexarad is a tech-enabled teleradiology that supports the remote reporting of medical scans such as CTs, MRIs and X-rays. Founded by Dr Amy Davis, Dr Farzana Rahman, Dr Jaymin Patel, and Dr Sam Dumonteil in 2016, Hexarad has now raised a total of £15.7M in total equity funding and is backed by Foresight Group, MTIP AG, Henry Carleton, and Sachin Agrawal.
Investors in the round: Foresight Group, MTIP AG
Industry: Health Care, Health Diagnostics, Medical, Telehealth
Founders: Dr Amy Davis, Dr Farzana Rahman, Dr Jaymin Patel, Dr Sam Dumonteil
Founding year: 2016
Total equity funding raised: £15.7M
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. Avian Labs $15.0M
Round: Series A
Description: Avian Labs is an app that provides payment methods with simple, fast, and global solutions. Founded by Mike Hudack in 2022, Avian Labs has now raised a total of $20.0M in total equity funding and is backed by Union Square Ventures, Ribbit Capital, and Slow Ventures.
Investors in the round: Ribbit Capital, Slow Ventures, Union Square Ventures
Industry: Apps, Financial Services, Payments
Founders: Mike Hudack
Founding year: 2022
Total equity funding raised: $20.0M
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.
2. TILT £13.7M
Round: Series A
Description: TILT app is an online shopping platform that allows users to buy through videos, live streams, and earn rewards. Founded by Neil Shah in 2021, TILT has now raised a total of $21.0M in total equity funding and is backed by Earlybird Venture Capital, Balderton Capital, Seedcamp, Charlie Songhurst, and TQ Ventures.
Investors in the round: Balderton Capital, Earlybird Venture Capital, Seedcamp, TQ Ventures
Industry: Apps, E-Commerce, Shopping, Video Streaming
Founders: Neil Shah
Founding year: 2021
Total equity funding raised: $21.0M
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.
1. Attio $33.0M
Round: Series B
Description: Attio is a software company that builds data-driven and customizable CRM. Founded by Alexander Christie and Nicolas Sharp in 2019, Attio has now raised a total of $64.2M in total equity funding and is backed by Redpoint, Balderton Capital, 01 Advisors, Passion Capital, and Point Nine.
Investors in the round: 01 Advisors, Balderton Capital, Point Nine, Redpoint
Industry: CRM, Information Technology, SaaS, Software
Founders: Alexander Christie, Nicolas Sharp
Founding year: 2019
Total equity funding raised: $64.2M
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.
