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 12/4 featuring news for BeZero Carbon, TalentMapper, and much, much more.
TransFICC – $25M Series B
FINTECH
TRADING
TransFICC, an electronic trading platform for fixed income and derivatives, has raised $25M in Series B funding led by Citadel Securities. Founded by Judd Gaddie, Steve Toland, and Tom McKee in 2016, TransFICC has now raised a total of $49.2M in reported equity funding.
Dealstack – $5.5M Seed
FINTECH
PRIVATE CAPITAL
Dealstack, an operating system for private capital, has raised $5.5M in Seed funding from investors that include Goldman Sachs, Kohlberg Kravis Roberts, TA Associates, TPG, H.I.G. Capital, Oaktree Capital Management, CVC Capital Partners, Partners Group, Klar Partners, Latham & Watkins, Kirkland & Ellis, Paul, Weiss, Rifkind, Wharton & Garrison, and McDermott Will & Emery. Dealstack was founded by Joel Arnel and Seb Lapinski in 2023.
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Untamed – £10M Series B
PET FOOD
D2C
Untamed, a human-grade direct-to-consumer cat food brand, has raised £10M in Series B funding led by Coefficient Capital. Untamed was founded by Marco Pacifici, Ben Spicer, and Lenny Cordell in 2019.
MagicOrange – £7M Venture
ENTERPRISE SOFTWARE
COST MANAGEMENT
MagicOrange, a cost transparency platform for enterprises, has raised £7M in Venture funding from investors that include led by Octopus Ventures. Founded by David Harding, Greg Guye, Matthew Mottram in 2014, MagicOrange has now raised a total of $16.5M in reported equity funding.
Sagittal AI – $2.2M Pre-Seed
AI
SOFTWARE DEVELOPMENT
Sagittal AI, an AI optimization platform for software product development teams, has raised $2.2M in Pre-Seed funding from investors that include led by Twin Path Ventures. Sagittal AI was founded by Jose Palazon and Michael Smith in 2023.
