UK funding year · 2020
2020 UK funding rounds
49 disclosed startup and growth-company rounds are retained for this year. Amounts remain in 3 reported currencies; no FX conversion or undisclosed-amount estimate is applied.
| Date | Company | Stage | Amount | Investors | Source |
|---|---|---|---|---|---|
| 2020-12-29 | Graphcore | Series E | $222M | Ontario Teachers' Pension Plan Board, Fidelity International, Schroders, Baillie Gifford, Draper Esprit | Otpp ↗ |
| 2020-12-23 | Brightpearl | Series C | $33M | Sage, Cipio Partners, Notion Capital, Verdane | TechCrunch ↗ |
| 2020-12-10 | Cleo AI | Series B | $44M | EQT Ventures, Balderton Capital, LocalGlobe · 1 additional source-listed | TechCrunch ↗ |
| 2020-12-01 | Beauty Pie | Series A | undisclosed | Balderton Capital | Balderton ↗ |
| 2020-12-01 | Phasecraft | Seed | £3.7 million | LocalGlobe, Episode 1 Ventures | Quantumcomputingreport ↗ |
| 2020-11-25 | Runa (formerly WeGift) | Series A extension (Series A+, staged close) | $12M (~£8.7M) total -- initial ~£6.7M/$8M close (25 Nov 2020) + £2.86M CommerzVentures follow-on (2-5 Mar 2021) | AlbionVC, Stride.VC, SAP.iO Fund, Unilever Ventures (Nov 2020 close, all existing), CommerzVentures joined new in the Mar 2021 follow-on tranche | TechCrunch ↗ |
| 2020-11-18 | Seldon | Series A | £7.1M | AlbionVC, Cambridge Innovation Capital, Amadeus Capital Partners · 1 additional source-listed | Amadeuscapital ↗ |
| 2020-11-11 | Fnatic | Venture round (unlettered — Crunchbase's own structured dataset tags this 'Venture Round', NOT 'Series B', despite some secondary press using that label; see notes) | $10M | Beringea, Unbound, LVL1 Group, JHD, key management | Fnatic ↗ |
| 2020-11-01 | Congenica | Series C | $50M | Tencent, Legal & General | Congenica ↗ |
| 2020-10-29 | LabGenius | Series A extension | $15M additional (Series A total $25M) | Atomico, Lux Capital, Obvious Ventures, Kindred Capital · 1 additional source-listed | Tech.eu ↗ |
| 2020-10-14 | Ori Biotech | Series A | $30M | Northpond Ventures, Octopus Ventures, Amadeus Capital Partners, Kindred Capital · 1 additional source-listed | PR Newswire ↗ |
| 2020-10-06 | Nivoda | Seed | ~$771K | not identified in sources found | Crunchbase ↗ |
| 2020-10-01 | Cazoo | Series D | £240M | General Catalyst, D1 Capital Partners, Fidelity, BlackRock, L Catterton · +3 more linked | TechCrunch ↗ |
| 2020-09-29 | Huboo | Series A | £14M | Stride.VC, Hearst Ventures, Maersk Growth, Episode 1 Ventures, Ada Ventures · 1 additional source-listed | UKTN ↗ |
| 2020-09-28 | Acin | Series A | $12M | Notion Capital, Fitch Ventures · 1 additional source-listed | PR Newswire ↗ |
| 2020-09-08 | Skin Analytics | Series A | £4M | Hoxton Ventures · 2 additional source-listed | TechCrunch ↗ |
| 2020-08-20 | IMMO Capital | Series A extension | €3M additional (total €14M) | FinTech Collective · 1 additional source-listed | Taliscapital ↗ |
| 2020-08-01 | Sunamp | Series A | £4.5M | Aurus Capital, Scottish Investment Bank | Sunamp ↗ |
| 2020-07-28 | Wise | Growth / secondary sale (existing shares only — no new primary capital to the company) | $319M (valuation $5B) | D1 Capital Partners, Lone Pine Capital, Vulcan Capital (new), Baillie Gifford, Fidelity Investments, LocalGlobe (increasing existing stakes) | Cnbc ↗ |
| 2020-07-15 | Ravelin | Series C | £16.4M | Draper Esprit, Amadeus Capital Partners, BlackFin Tech, Passion Capital | TechCrunch ↗ |
| 2020-07-08 | Farewill | Series B | £20M | Highland Europe, Keen Venture Partners, Broadhaven Ventures, VentureFounders, Augmentum Fintech · +1 more linked | Finsmes ↗ |
| 2020-07-08 | PQShield | Seed | £5.5M | Kindred Capital, Crane Venture Partners, Oxford Sciences Innovation · 1 additional source-listed | Pqshield ↗ |
| 2020-07-07 | Stream (formerly Wagestream) | Series B | £20M | Northzone, QED Investors, Balderton Capital · 1 additional source-listed | Business Wire ↗ |
| 2020-06-17 | LandVault (formerly Admix) | Series A | $7M | Speedinvest · 4 additional source-listed | TechCrunch ↗ |
| 2020-06-11 | APEXX Global | Series A | $8M | No single lead named in coverage, Forward Partners, MMC Ventures, Alliance Ventures (same three seed backers, all participated) | Tech.eu ↗ |
| 2020-05-27 | Secret Escapes | Growth / Series E extension | $74M (£55M) | syndicate of existing shareholders, Merian Global Investors, Temasek, and approximately 25 other existing shareholders | Skift ↗ |
| 2020-05-22 | By Miles | Series B | £15M | CommerzVentures, Octopus Ventures, JamJar Investments · 1 additional source-listed | UKTN ↗ |
| 2020-05-21 | Element (Matrix / Element.io) | Strategic investment | $4.6M | Automattic | TechCrunch ↗ |
| 2020-05-13 | Modulr | Growth round | £18.9M (€22M) | Highland Europe, Frog Capital, Blenheim Chalcot | Modulrfinance ↗ |
| 2020-05-01 | Flagstone | Series B | £12M | OMERS Ventures, Kindred Capital, Moneysupermarket Group plc | Tech.eu ↗ |
| 2020-04-30 | Lifebit Biotech | Series A | $7.5M (£6M) | Idinvest Partners, Pentech Ventures, Beacon Capital, Connect Ventures | Tech.eu ↗ |
| 2020-04-24 | Peak (Peak AI) | Series A extension | $12M | MMC Ventures, Praetura Ventures | Privateequitywire ↗ |
| 2020-04-15 | EDITED | Series B | $29M (£23.44M) | Wavecrest Growth Partners, Beringea (co-lead), Hermes GPE | Info ↗ |
| 2020-04-15 | Onfido | Series D | $100M | TPG Growth, Talis Capital (continuing), full syndicate not fully disclosed (9 investors / 7 partner investors per Crunchbase) | TechCrunch ↗ |
| 2020-04-06 | Ably | Series A | $7M | MMC Ventures, Forward Partners | Ably ↗ |
| 2020-04-01 | TransFICC | Series A | $7.8M | AlbionVC, Citi, HSBC, Illuminate Financial, ING Ventures · +1 more linked | Thetradenews ↗ |
| 2020-03-23 | Cazoo | Series C | £100M | DMG Ventures, General Catalyst, Mubadala Capital, Octopus Ventures, Eight Roads Ventures · +1 more linked | TechCrunch ↗ |
| 2020-03-03 | FiveAI | Series B | $41M | Amadeus Capital Partners, Lakestar, Notion Capital · 4 additional source-listed | TechCrunch ↗ |
| 2020-03-02 | Thought Machine | Series B | $83M | Draper Esprit, Lloyds Banking Group, IQ Capital, Playfair Capital · 1 additional source-listed | Thoughtmachine ↗ |
| 2020-03-01 | Eigen Technologies | Series B extension | $42M | ING Ventures | Eigentech ↗ |
| 2020-02-24 | Chattermill | Series A | $8m | DN Capital, Ventech, btov Partners, SVB, angels Matt Price (Zendesk SVP), Nilan Peiris (Wise VP Growth) | TechCrunch ↗ |
| 2020-02-20 | Hopin | Seed | £5M (~$6.5M) | Accel, Seedcamp, Northzone, Slack Fund · 1 additional source-listed | UKTN ↗ |
| 2020-02-14 | Copper.co | Series A | $8M | Target Global, MMC Ventures, LocalGlobe | Copper ↗ |
| 2020-02 | Graphcore | Series D extension | $150M | Mayfair Equity Partners, New: Baillie Gifford, M&G Investments. Existing: Merian Chrysalis Investment Co, Ahren Innovation Capital, Amadeus Capital Partners · +1 more linked | Crunchbase ↗ |
| 2020-01-29 | Patchwork Health | Series A | £3M | existing angels · 2 additional source-listed | Praeturaventures ↗ |
| 2020-01-09 | Ori Biotech | Seed | $9.4M (£7M) | Amadeus Capital Partners, Kindred Capital · 3 additional source-listed | PR Newswire ↗ |
| 2020-01-08 | OrganOx | BGF follow-on | £4.6M (~$5.36M) | BGF | — |
| 2020-01-01 | Currencycloud | Series E | $80M | Not stated | Currencycloud ↗ |
| 2020-01-01 | Prodigy Finance | Debt facility (DFC loan; $200M increase to a 2019 $50M OPIC loan, aggregate facility) | $250 million (aggregate) | U.S. International Development Finance Corporation (DFC), None named | Fintechfutures ↗ |