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The London TechWatch Startup Daily Funding Report: 18/5/2026

London TechWatch by London TechWatch
The London TechWatch Startup Daily Funding Report: 18/5/2022
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The latest venture capital, seed, pre-seed, and angel deals for London startups for 18/5/2026 featuring funding details for Isomorphic Labs, Fractile, and much more. This page will be updated throughout the day to reflect any new fundings.

Isomorphic Labs – $2.1B Series B

BIOTECH
AI

Isomorphic Labs, a drug design company that uses AI models to accelerate the discovery and development of new medicines, has raised $2.1B in Series B funding led by Thrive Capital. Isomorphic Labs was founded by Demis Hassabis and Max Jaderberg in 2021.


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Fractile – $220M Series B

AI
ENTERPRISE

Fractile, an AI inference chip company that designs computing hardware to accelerate the output speed of frontier AI models, has raised $220M in Series B funding led by Accel, Factorial Funds, and Founders Fund. Fractile was founded by Walter Goodwin in 2022.


Elliptic – $120M Series D

FINTECH
CYBERSECURITY

Elliptic, a blockchain analytics company that provides compliance and risk management tools for digital asset transactions, has raised $120M in Series D funding led by One Peak. Founded by Tom Robinson, James Smith, and Adam Joyce in 2013, Elliptic has now raised a total of $224M in reported equity funding.

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Multiverse – $70M Venture

EDTECH
AI

Multiverse, an upskilling platform that helps employers train workforces in AI and data skills to drive productivity gains, has raised $70M in Venture funding led by Schroders Capital. Multiverse was founded by Euan Blair in 2016.


Fifth Dimension – $26M Series A

AI
ENTERPRISE

Fifth Dimension, a decision intelligence platform that helps real assets investors unify portfolio data and accelerate investment decisions, has raised $26M in Series A funding led by HV Capital. Founded by Kate Jarvis in 2023, Fifth Dimension has now raised a total of $40M in reported equity funding.


Adfin – $18M Series A

FINTECH
AI

Adfin, a fintech platform that automates accounts receivable workflows and payment collection for businesses and accountants, has raised $18M in Series A funding led by Index Ventures. Founded by Tom Pope and Ciprian Diaconasu in 2024, Adfin has now raised a total of $30M in reported equity funding.


Blink – $17M Venture

ENTERPRISE

Blink, an employee experience platform that connects frontline workers with their employer through a mobile super-app, has raised $17M in Venture funding led by Enlightened Hospitality Investments. Blink was founded by Sean Nolan in 2015.


Happl – $11M Series A

ENTERPRISE
FINTECH

Happl, an employee benefits platform that automates global benefits administration and compliance for multinational employers, has raised $11M in Series A funding led by Portage Ventures. Happl was founded by Ben Towers in 2022.


Five – $6M Seed

FINTECH

Five, a fintech startup that enables contactless payments through palm biometric authentication at the point of sale, has raised $6M in Seed funding led by 13Books Capital. Founded by Maria Marti Garcia and Thibaut Grenverier in 2024, Five has now raised a total of $8.5M in reported equity funding.


Greenpixie – £4.7M Venture

ENTERPRISE
AI

Greenpixie, a cloud sustainability platform that provides usage-based emissions data to help enterprises measure and reduce digital carbon, has raised £4.7M in Venture funding led by VERBUND X Ventures. Greenpixie was founded by John Ridd and Will Tinney in 2021.


Ruka – $4.5M Venture

HEALTHTECH

Ruka, a beauty brand that develops lab-grown hair extensions and products designed specifically for textured hair, has raised $4.5M in Venture funding led by Freedom Trail Capital and Henkel Ventures. Founded by Tendai Moyo and Ugo Agbai in 2020, Ruka has now raised a total of $10M in reported equity funding.


PANTA – £3M Seed

FINTECH

PANTA, a fintech SaaS platform that automates the design, calculation, and delivery of financial indices for asset managers, has raised £3M in Seed funding led by Fuel Ventures. PANTA was founded by Tobias Sproehnle and Mark Pralle in 2024.


Asterix Health – £2.1M Pre-Seed

HEALTHTECH

Asterix Health, a healthtech company that provides NHS practices with remote GP services through a network of GMC-registered doctors working abroad, has raised £2.1M in Pre-Seed funding led by Triple Point. Asterix Health was founded by Julian Titz and Max Thilo in 2024.


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Tags: 13Books Capital6 Degrees Capital8VCAccelAdam JoyceAdfinAFGAlphabetAnthemisArmajaro HoldingsAsterix HealthBacked VCBasis CapitalBen TowersBig Issue InvestBlinkBONDBritish Business BankBuckley VenturesCapitalGCiprian DiaconasuConvictionD1 Capital PartnersD2Demis HassabisDeutsche BankDina Asher-SmithDLB VenturesEllipticEnlightened Hospitality InvestmentsEntrepreneurs FirstEuan BlairF CapitalFactorial FundsFelicisFifth DimensionFiveFounders FundFractileFreedom Trail CapitalFuel VenturesGeneral CatalystGigascaleGreen Angel VenturesGreenpixieGVHaatchHapplHenkel VenturesHV CapitalIndex VenturesIsomorphic LabsJames SmithJohn RiddJulian TitzKate JarvisKnut AlickeLightspeed Venture PartnersMaria Marti GarciaMark PralleMax JaderbergMax ThiloMerciaMGXMMCMultiverseNasdaq VenturesO1AOctopus VenturesOne PeakPANTAPortage VenturesPrudenceRukaSchroders CapitalSean NolanSeedcampSophia DennisSpeedinvestStepStone GroupTemasekTendai MoyoThibaut GrenverierThrive CapitalTobias SproehnleTom PopeTom RobinsonTriple PointUgo AgbaiUK Sovereign AI FundVentures TogetherVERBUND X VenturesVisionaries ClubWalter GoodwinWill TinneyY Combinator
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