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UK Tech Investment News Weekly (35th Edition) - Full Edition

A total of £356.81 million was raised by 17 technology (including 4 FinTechs and 2 SaaS) companies ov
UK Tech Investment News (Weekly)
UK Tech Investment News Weekly (35th Edition) - Full Edition
By Techcelerate • Issue #7 • View online
A total of £356.81 million was raised by 17 technology (including 4 FinTechs and 2 SaaS) companies over the last 7 days bringing the total for 2019 to £1.283 billion:

  1. London based MarTech company 3radical, which operates an audience engagement platform raised £1 million investment from Stephen Kelly (ex-Sage CEO) and Steve Garnett.
  2. Bristol based AgriTech company LettUs Grow, which brings affordable food growing to the modern city raised £550k Grant funding from Innovate UK (£400K), Green Challenge Fund (£100K) and Vodafone (£50K).
  3. London based SaaS company DeepCrawl, which analyses your website architecture to understand and monitor technical issues to improve SEO performance raised £2.4 million Series A investment from Beringea.
  4. London FinTech company Rapyd, which helps businesses and their customers pay and be paid however they choose raised £31.25 million Series B investment from General Catalyst Partners, Target Global, Stripe and IGNIA.
  5. London based Fintech company Starling Bank, which provides personal and business mobile banking service raised £75 million Series C investment from Merian Global Investors and existing investors.
  6. Chester based TravelTech company Wejo, which has created a world leading connected car data marketplace raised £19.4 million investment from General Motors.
  7. Manchester based FinTech company Life’s Great (t/a Mojo Mortgages), which provides a free online mortgage brokering services raised £7 million Series A investment from NVM Private Equity, Maven Capital Partners and Epiphany Capital.
  8. Wilmslow based FinTech company My Digital Accounts, which services the temporary labour market with a payment solution for every link of the contractor supply chain raised £1.25 million investment from Maven managed NPIF.
  9. Edinburgh based EdTech company Administrate, which provides training management, learning Management and course booking software raised £3.81 million Series A investment from NVM private equity and Archangels.
  10. Manchester based VR/AR company Immotion Group, which provides immersive experiences for new platforms and emerging technologies raised £3.3 million via share placement on LSE.
  11. London based EnergyTech company ChargedUp, which operates UK’s phone charging network raised £1.4 million investment from The Garage Soho and JamJar.
  12. Bristol based EnergyTech company OVO Energy, which is an energy technology company as well as an energy supplier raised £200 million growth capital from Mitsubishi Corporation for 20% of the equity.
  13. London based AudioTech company Eastnine, which provides curated professional sports coaching and a social training platform raised £2 million Seed investment from Niklas Zennström, Cherry Ventures and LocalGlobe.
  14. Glasgow based SaaS company Raven Controls, which provides live-time integrated event logging and incident management tool raised £300k from David Fletcher, Malcolm Jones and Clark Wilson.
  15. Manchester based RecruTech company Gradtouch, which operates a graduate careers platform raised £150k from GC Angels.
  16. Kent based InsurTech company WhenFresh, which combines over 200 private and public UK data-feeds with advanced analytics and API delivery to provide a unique range of data-driven services raised £3 million Series A investment.
  17. London based MarketPlace company Spektrix, which provides arts organisations with ticketing software raised £5 million Series A investment from Foresight Group.

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