The latest venture capital, seed, pre-seed, and angel deals for London startups for 19/4/2025 featuring funding details for Marshmallow, Midnite, and much more. This page will be updated throughout the day to reflect any new fundings.
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 19/4 featuring news for Marshmallow, Midnite, and much, much more.
Marshmallow – $45M Venture
InsurTech
Marshmallow, the car insurance platform that supports foreign-born drivers, has raised $45M in Venture funding led by Portage Ventures. Founded by Alexander Kent-Braham, David Goate, and Oliver Kent-Braham in 2017, Marshmallow has now raised a total of $161.2M in reported equity funding.
Midnite – $10M Series B
Gaming
Midnite, a next gen sportsbook and casino platform, has raised $10M in Series B funding led by The Raine Group, Play Ventures, and Discerning Capital. Founded by Daniel Qu and Nicholas P. Wright in 2015, Midnite has now raised a total of $26M in reported equity funding.
CONNECT WITH LONDON INNOVATORSLondon TechWatch is London’s leading source of tech and startup news, reaching the city’s most active founders, investors, and tech leaders. Learn more →
Portia AI – £4.4M Venture
Artificial Intelligence
Portia AI, an open source platform for authentication of AI agents, has raised £4.4M in Venture funding led by General Catalyst. Portia AI was founded by Emma Burrows and Mounir Mouawad in 2025.
Mindset AI – £4.3M
Artificial Intelligence
Mindset AI, an AI agent infrastructure platform that allows companies to seamlessly launch AI agents, has raised £4.3M in funding led by Pembroke VCT and Edge VC. Founded by Barrie Hadfield and Christine Davies in 2020, Mindset AI has now raised a total of £6M in reported equity funding.
Booked It – £2.5M Venture
Hospitality
Booked It, a booking management platform for hospitality providers, has raised £2.5M in Venture funding led by Calculus Capital. Booked It was founded by Brad Nobbs and Ian Hope in 2020.
