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The London TechWatch Startup Daily Funding Report: 11/2/2025

London TechWatch by London TechWatch
The London TechWatch Startup Daily Funding Report: 11/2/2022
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The latest venture capital, seed, pre-seed, and angel deals for London startups featuring funding details for Validus Risk Management, Plain, and XARlabs. This page will be updated throughout the day to reflect any new fundings.

Validus Risk Management – $45M

FINTECH

Validus Risk Management, a financial risk management platform, has raised $45M in growth funding led by FTV Capital. Founded by Kevin Lester and Francois Scheepers in 2010, Validus Risk Management has now raised a total of $65M in reported equity funding.

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Plain – $15M

B2B SOFTWARE

Plain, a support platform for B2B companies, has raised $15M in Series A funding from investors that include Index Ventures, Battery Ventures, and Connect Ventures. Founded by Simon Rohrbach and Matt Vagni in 2020, Plain has now raised a total of $21M in reported equity funding.


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XARlabs – $2.3M

HEALTHTECH

XARlabs, a provider of mixed reality surgical tech, has raised $2.3M in Seed funding from investors that include Eka Ventures, Eric Johnson, and Jacqui Rock. Founded by Ali Haddad in 2024, XARlabs has now raised a total of $2.3M in reported equity funding.

Tags: Ali HaddadBattery VenturesConnect VenturesEka VenturesEric JohnsonFrancois ScheepersFTV CapitalIndex VenturesJacqui RockKevin LesterMatt VagniPlainSimon RohrbachValidus Risk ManagementXARlabs
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