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2. Contents
2
UK & Ireland Tech Snapshot 40
Investment Snapshot 41
List of Funding Rounds 42
New Investors 55
Top Funded Business Models - last 1 year 57
New Analyst Picks 58
IPOs 66
Acquisitions 67
Recent News 73
41. Investment Snapshot
Investment Snapshot of UK & Ireland Tech as of December 2020
UK & Ireland Tech: Investment Snapshot
41
# Rounds$ Funding
Investment Trend Top Investments (December 2020)*
OneTrust
(2016, Atlanta, $721M)
$300M - Series C TCV
Graphcore
(2016, Bristol, $767M)
$222M - Series E Ontario Teachers' Pension Plan
Exclaimer
(2000, Guildford, $164M)
$134M - PE Insight Venture Partners
Babylon
(2013, London, $735M)
$100M - Series C Vostok New Ventures
Bitcoin
(2009, London, $100M)
$100M - Series C MassMutual
GoCardless
(2011, London, $250M)
$95.0M - Series F Bain Capital Ventures
Monzo
(2015, London, $577M)
$80.3M - Series G Novator Partners
Microblink
(2014, London, $60.0M)
$60.0M - Series C
Immedis
(1996, Dublin, $78.3M)
$50.0M - PE Lead Edge Capital
Outfund
(2020, London, $49.4M)
$49.4M - Seed Fuel Ventures
Cambridge Quantum
Computing
(2014, Cambridge, $95.0M)
$45.0M - Series C Honeywell
*Shows only the lead Investors
42. List of Funding Rounds (1/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
42
LATE STAGE
$8.5M - Series D
Endomag (2007, Cambridge, $38.4M)
Developer of a device for tumor localization
LATE STAGE
$9.3M - PE
The Thinking Traveller (2002, London, $9.3M)
Online platform to book managed vacation rentals
Piper Private Equity
LATE STAGE
$20.1M - Series D
Emmac (1999, London, $69.1M)
Producer and supplier of medical cannabis products
LATE STAGE
$27.0M - Series D
SalaryFinance (2015, London, $143.2M)
Online lending platform for employer loans
Experian, Legal & General
LATE STAGE
$33.5M - Series C
Brightpearl (2007, Bristol, $84.0M)
SaaS-based Omni channel retail management software
provider
Sage Group, Cipio Partners, MMC Ventures, Notion
LATE STAGE
$45.0M - Series C
Cambridge Quantum Computing (2014,
Cambridge, $95.0M)
Develops tools, protocols, and algorithms for quantum
computers
Honeywell, IBM, JSR Corporation, Serendipity Capital,
Alvarium Investments
LATE STAGE
$50.0M - PE
Immedis (1996, Dublin, $78.3M)
Cloud-based payroll management software for
businesses
Lead Edge Capital
LATE STAGE
$60.0M - Series C
Microblink (2014, London, $60.0M)
SDK provider for mobile banking and payment apps
LATE STAGE
$80.3M - Series G
Monzo (2015, London, $577.4M)
Digital bank for consumers & businesses
Novator Partners, Kaiser Foundation Health Plan, TED,
Goodwater Capital
LATE STAGE
$95.0M - Series F
GoCardless (2011, London, $250.0M)
Recurring payment solutions for businesses
Bain Capital Ventures
LATE STAGE
$100.0M - Series C
Bitcoin (2009, London, $100.0M)
Decentralized P2P cryptocurrency for payments
MassMutual
43. List of Funding Rounds (2/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
43
LATE STAGE
$100.0M - Series C
Babylon (2013, London, $735.0M)
Provider of web-based platform for video consultation
with doctors
Vostok New Ventures
LATE STAGE
$134.3M - PE
Exclaimer (2000, Guildford, $163.5M)
Cloud-based software for managing e-signatures and
disclaimers for Office 365
Insight Venture Partners
LATE STAGE
$222.0M - Series E
Graphcore (2016, Bristol, $767.4M)
Provider of machine learning processors for
accelerating AI processing
Ontario Teachers' Pension Plan, Draper Esprit,
Schroders, Baillie Gifford, Fidelity International
LATE STAGE
$300.0M - Series C
OneTrust (2016, Atlanta, $721.3M)
Cloud & AI-based data governance management
software provider
TCV, Airbnb, Coatue, Insight Venture Partners
LATE STAGE
PE
ParentPay (2002, Coventry)
Online payment management system for schools
Montagu Private Equity
LATE STAGE
Series C
Reactive Technologies (2010, Oxford)
Demand side management platform
Accenture
LATE STAGE
Series C
Form3 (2016, London, $51.0M)
Cloud-based merchant banking solutions
Mastercard
LATE STAGE
Series D
Venafi (2004, Sandy, $190.0M)
Securing Encryption Keys and Certificates
Thoma Bravo, , InterBank, Barclays
EARLY STAGE
$1.1M - Series A
Living Map (2010, London, $9.5M)
Mapping services provider
Committed Capital, Mercia
EARLY STAGE
$1.3M - Series A
LGN (2019, London, $2.6M)
AI-enabled perception system for autonomous systems
EARLY STAGE
$2.0M - Series A
Piclo (2013, London, $2.0M)
Marketplace for energy trading and other energy
related transition
Clean Growth Fund, Green Angel Syndicate, Bethnal
Green Ventures
44. List of Funding Rounds (3/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
44
EARLY STAGE
$2.1M - Series A
Laka (2019, London, $6.7M)
Online insurance platform for cyclists
EARLY STAGE
$2.7M - Series A
Trint (2014, London, $10.3M)
Automated transcription to help legal firms
Edge Investment Management
EARLY STAGE
$2.8M - Series A
Fnatic (2004, London, $38.8M)
Esports player organization
EARLY STAGE
$3.0M - Series A
FoodMarble (2014, Dublin, $6.2M)
Portable breath analyzer for digestive profile
Bessemer Venture Partners, Breed Reply, Enterprise
Ireland, Delta Partners, SOSV
EARLY STAGE
$3.0M - Series A
IntellectoKids (2015, Tortola, $4.0M)
Provider of educational resources for children
Allrise Capital, Genesis Investments
EARLY STAGE
$3.8M - Series A
Ilara Health (2019, London, $4.5M)
Provides AI-based diagnostics solutions for healthcare
providers
TLcom Capital Partners, Chandaria Capital, DOB Equity,
Global Ventures
EARLY STAGE
$4.0M - Series A
Vestrata (2018, London, $4.0M)
Risk & compliance management solutions for wealth
managers
EARLY STAGE
$4.4M - Series B
Trouva (2013, London, $40.6M)
Product discovery of independent boutique fashion
items
EARLY STAGE
$4.5M - Series A
Aglet (2019, London, $7.0M)
AR Sneaker shopping game
Sapphire Ventures, Lakestar, Forecast, Matt Miesnieks,
Nate Mitchell, and 1 more
EARLY STAGE
$5.2M - Series A
Kinomica (2017, Macclesfield, $5.2M)
Provider of a bioinformatics platform for the
development of precision medicine
Business Growth Fund, Longwall Venture Partners,
BioCity, Alderley Park, Puffin Point
45. List of Funding Rounds (4/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
45
EARLY STAGE
$5.4M - Series A
Altitude Angel (2014, Reading, $9.9M)
Provider of solutions for automated air traffic control
Octopus Ventures,
EARLY STAGE
$6.0M - Series A
Kuato Studios (2011, London, $6.0M)
Game development studio
Horizons Ventures
EARLY STAGE
$6.7M - Series B
Streetbees (2014, London, $63.8M)
AI-based marketing intelligence and analysis platform
TempoCap
EARLY STAGE
$8.0M - Series A
DJS Antibodies (2014, Oxford, $8.0M)
Designs and discovers novel therapeutic monoclonal
antibodies against GPCRs
LifeArc, Sedgwick, Oxford Sciences Innovation, Amgen
EARLY STAGE
$10.7M - Series B
Papercup (2015, London, $10.7M)
AI-enabled video translation platform
LocalGlobe, Sands Capital Ventures, GMG Ventures,
Bertelsmann Digital Media Investments, Entrepreneur
First, and 3 more
EARLY STAGE
$12.0M - Series A
battleface (2009, Kings Hill, $12.0M)
Online travel insurance platform for individuals
Drive Capital
EARLY STAGE
$14.0M - Series B
MEL Science (2015, Amersham, $24.5M)
Blended solutions for Chemistry experiments
Mubadala, Channel 4 Ventures
EARLY STAGE
$15.5M - Series A
Infogrid (2018, London, $15.5M)
Provider of an IoT and AI-based smart building
management solution
Northzone, Concrete Venture Capital, Jigsaw, JLL
Technologies, The Venture Collective
EARLY STAGE
$17.5M - Series B
ROXi (2014, London, $17.5M)
Provider of smart stereo hardware for music listening
Sun Capital Partners
46. List of Funding Rounds (5/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
46
EARLY STAGE
$18.9M - Series B
Beckley Psytech (2014, Oxford, $22.6M)
Developer of drugs for the treatment of neurological
and psychiatric disorders
Noetic Psychedelic Fund, Bain Capital, Jim Mellon,
Richard Reed
EARLY STAGE
$20.1M - Series B
Pockit (2010, London, $36.1M)
Prepaid Master Card
EARLY STAGE
$21.4M - Series B
Updraft (1996, London, $21.4M)
Credit card debt financing solution
UK Government, Quilam Capital
EARLY STAGE
$24.0M - Series B
Orbex (2015, London, $63.7M)
Developing launch system for small satellites
Business Growth Fund, Octopus Ventures, Elecnor,
HTGF, Heartcore Capital
EARLY STAGE
$25.0M - Series B
First Light Fusion (2011, Oxford, $60.4M)
Pulse-powered nuclear fusion process developer
Oxford Sciences Innovation, Hostplus, IP Group
EARLY STAGE
$28.0M - Series B
Brightflag (2014, Dublin, $40.0M)
AI-based legal spend management software for
corporate lawyers
One Peak Partners, Tribal.vc, Frontline Ventures, Sands
Capital Ventures
EARLY STAGE
$30.0M - Series A
Zilch (2018, London, $40.0M)
Online platform for purchase financing
Gauss Ventures, Curve, Simon Nixon
EARLY STAGE
$35.6M - Series A
Resolution Therapeutics (2017, Edinburgh,
$35.6M)
Developer of macrophage cell therapy for the
treatment of inflammatory & liver diseases
Syncona
EARLY STAGE
$44.0M - Series B
Cleo AI (2015, London, $57.3M)
Artificial intelligence meets personal finance
EQT Ventures, Balderton Capital, State Bank of India,
LocalGlobe, Entrepreneur First, and 6 more
47. List of Funding Rounds (6/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
47
EARLY STAGE
Series A
Texthelp (1996, Belfast)
Provider of Literacy assistance software
Rothschild
EARLY STAGE
Series A
ADC Biotechnology (2010, St Asaph, $16.2M)
Developer of antibody drug conjugate (ADC)
Sterling Pharma Solutions
EARLY STAGE
Series B
Acacia Pharma (2006, Cambridge, $33.5M)
Developer of therapeutic solutions for treating cancer
Cosmo Pharmaceuticals
SEED STAGE
$18.7K - Seed
Tauc3bio (1990, London, $29.7K)
Developer of monoclonal antibodies for treating
Alzheimer's disease
SEED STAGE
$40.5K - Seed
DronePrep (2019, Malvern, $40.5K)
Provider of a drone preparation platform
SEED STAGE
$191.8K - Angel
Okko Health (2019, Bristol, $1.2M)
Provider of an app for home monitoring of eye health
SEED STAGE
$207.7K - Seed
Door (2016, Baltimore, $2.4M)
Portfolio management solutions for wealth managers
SEED STAGE
$234.0K - Seed
Kestrl (2019, London, $234.0K)
Digital bank for consumers
SEED STAGE
$264.5K - Seed
Aisl3 (2020, London, $264.5K)
Online discovery platform for footwear
Angel Investment Network
SEED STAGE
$268.5K - Seed
Cornerstone (2018, London, $268.5K)
Cloud-based solutions for payment, currency
management, and electronic account services
Vela Technologies
SEED STAGE
$339.3K - Seed
Wayroo (2019, Bicester, $339.3K)
Cloud-driven customer engagement solution for auto
dealers
Mercia
48. List of Funding Rounds (7/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
48
SEED STAGE
$339.4K - Seed
SeeQuestor (2014, London, $2.6M)
Integrated video analytics platform used for solving
crime cases
SEED STAGE
$375.7K - Seed
4D Biomaterials (2020, Birmingham, $375.7K)
Provider of resin for 3D Printing
SFC Capital
SEED STAGE
$401.1K - Seed
Avion (2017, London, $401.1K)
Cloud-based solutions for user story mapping
Haatch
SEED STAGE
$500.0K - Seed
Crowd Data Systems (2018, Chelmsford, $500.0K)
Web-based financial forecasting and treasury
management software for businesses
RLC Ventures, Ascension Ventures, Force Over Mass
Capital
SEED STAGE
$605.2K - Seed
Micron Agritech (2019, Dublin, $605.2K)
Provider of pen-side testing kit for farmers or vets for
detecting parasitic infections in cattle
The Yield Lab, Enterprise Ireland
SEED STAGE
$717.0K - Seed
Coinrule (2018, London, $717.0K)
Automated trading bots for cryptocurrencies
SEED STAGE
$726.6K - Seed
Evercam (2010, Dublin, $1.4M)
Provider of camera-based site monitoring solution for
the construction industry
DBIC Ventures, Elkstone Partners
SEED STAGE
$787.8K - Seed
Ronspot (2018, Galway, $787.8K)
Web-based platform for parking and desk management
solutions for corporates
Halo Business Angel Network, Enterprise Ireland, Invest
Northern Ireland, IntertradeIreland
SEED STAGE
$910.9K - Seed
Elemendar (2017, Stourbridge, $910.9K)
AI based threat intelligence platform
Newable
49. List of Funding Rounds (8/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
49
SEED STAGE
$933.3K - Seed
CreditEnable (2016, London, $8.7M)
Online marketplace for business loans
Venture Catalysts
SEED STAGE
$936.3K - Seed
My Bespoke Room (2013, London, $936.3K)
Provider of online interior designing service
Angel Groups
SEED STAGE
$966.3K - Seed
MOBY (2018, Dublin, $966.3K)
App-based electric-bicycle sharing platform
SEED STAGE
$967.0K - Seed
Aqua Digital Rising (2020, London, $967.0K)
AI-based alternative investment platform focused on
the success of humans
SEED STAGE
$991.9K - Seed
myGwork (2014, London, $991.9K)
Online Job Board for LGBT Professionals
24 Haymarket
SEED STAGE
$1.0M - Seed
Dorm (2020, Feltham, $1.0M)
Mobile-based platform providing educational videos
from experts
Plug and Play Tech Center, Playfair Capital, RLC
Ventures
SEED STAGE
$1.1M - Seed
Sook (2018, Cambridge, $1.1M)
Online marketplace to book commercial retail pop-up
stores
SEED STAGE
$1.1M - Seed
Solivus (2016, London, $1.1M)
Provider of solutions fast EV charging and solar energy
SEED STAGE
$1.2M - Seed
Heron Data (2020, London, $1.4M)
Open banking APIs
Y Combinator, BoxGroup, FLEX Capital, Musha
Ventures, Matt Robinson, and 2 more
SEED STAGE
$1.2M - Seed
TapSimple (2018, London, $2.7M)
Fundraising tool for nonprofits and charities
Ecclesiastical, Michael Spencer, Mervyn Davies,
Anthony Bolton, Dominic Burke, and 1 more
50. List of Funding Rounds (9/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
50
SEED STAGE
$1.3M - Seed
Summize (2018, Manchester, $2.6M)
Cloud-based legal contract management solutions
provider
, Northern Powerhouse Investment Fund
SEED STAGE
$1.6M - Seed
Recycleye (2019, London, $1.6M)
Provider of solutions for automated waste sorting
MMC Ventures, Playfair Capital, , Creator Fund, eolos
SEED STAGE
$1.6M - Seed
Bond Digital Health (2015, Cardiff, $2.8M)
Digital healthcare solutions for chronic care
management
WealthClub, Development Bank of Wales
SEED STAGE
$1.7M - Seed
HumanForest (2019, London, $4.1M)
App-based platform offering e-bicycle rental services
SEED STAGE
$1.7M - Seed
Koto (2018, London, $1.7M)
Credit card for consumers
SEED STAGE
$1.9M - Seed
Magdrive (2019, Didcot, $1.9M)
Provider of plasma-based propulsion systems for
satellites
Founders Fund, Entrepreneur First, Luminous Ventures,
7percent
SEED STAGE
$2.2M - Seed
Orbital Marine Power (2002, Kirkwall, $2.2M)
Tidal power based turbine developer
SEED STAGE
$2.5M - Seed
net purpose (2019, London, $2.5M)
Financial database focused on impact investments
Illuminate Financial, Jim O Neil, Kevin Gould, Matt
Cooper, Stefano Bernardi, and 3 more
SEED STAGE
$2.7M - Seed
XCD (2010, Bristol, $2.7M)
Cloud-based human resource management solution
Business Growth Fund
SEED STAGE
$2.7M - Seed
8power (2015, Cambridge, $3.8M)
Developer of self-powered wireless sensor solutions
for industrial applications
IP Group, Low Carbon Innovation Fund, Cambridge
Enterprise
51. List of Funding Rounds (10/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
51
SEED STAGE
$2.8M - Seed
Pomelo Pay (2017, Covent Garden, $2.8M)
Online payment processing solution for businesses
Force Over Mass Capital
SEED STAGE
$3.0M - Seed
V7 (2018, London, $3.0M)
Developer of fully-automated smart retail stores
Amadeus Capital, Partech Partners, Miele, Air Street
Capital
SEED STAGE
$3.0M - Seed
Tradefeedr (2017, London, $3.0M)
Data Management solutions for financial institutes
IPGL, ICAP, NEX
SEED STAGE
$3.0M - Seed
Quell (2000, London, $3.1M)
Provider of a fitness game for combat workout session
Tencent, Khosla Ventures, Social Impact Capital,
Heartcore Capital, JamJar Investments, and 4 more
SEED STAGE
$3.4M - Seed
Cledara (2018, London, $3.4M)
Cloud-based subscription management software for
businesses
Nauta Capital, Anthemis Group
SEED STAGE
$4.0M - Seed
OpenSensors (2014, London, $4.0M)
IoT enabled building management solution
Crane Venture Partners
SEED STAGE
$5.0M - Seed
Candu (2019, London, $6.2M)
UI Design platform provider
Two Sigma Ventures, Charles River Ventures
SEED STAGE
$5.3M - Seed
Whirli (2006, London, $6.9M)
Online subscription platform offering toys for kids
Octopus Ventures, MMC Ventures
SEED STAGE
$6.0M - Seed
Bigger Games (2018, London, $6.0M)
Mobile game developer specializing in casual games
Index Ventures, Play Ventures, David Helgason,
Stephane Kurgan
52. List of Funding Rounds (11/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
52
SEED STAGE
$6.7M - Seed
AGORA (2019, London, $6.7M)
App based user generated beauty advice and content
Draper Esprit, Lakestar, Angel Capital Management
SEED STAGE
$8.3M - Seed
Ziglu (2018, London, $18.7M)
Internet first bank for consumers
SEED STAGE
$8.4M - Seed
Karakuri (2018, London, $17.4M)
Manufacturer of automated robotic food preparation
system
Firstminute Capital, Hoxton Ventures, , , Ocado Group
SEED STAGE
$49.4M - Seed
Outfund (2020, London, $49.4M)
Alternative investment platform focused on venture
capital funds & bank loans
Fuel Ventures, TMT Investments, Force Over Mass
Capital, Chris Adelsbach
SEED STAGE
Seed
iNSTRUCKO (2019, London)
Online platform providing English lessons for kids
, Virgin
SEED STAGE
Seed
Zeal (2019, London)
Cloud-based coalition loyalty reward solutions provider
SEED STAGE
Seed
ILC Therapeutics (2012, Lanark)
Developer of immunotherapeutics for the treatment
cancer
Medical Incubator Japan
SEED STAGE
Seed
IbisVision (2014, )
Developer of eye diagnostic devices for eye care
Scottish Enterprise, Compiler
SEED STAGE
Seed
Boost (2020, London)
Online platform offering delivery services
Sherpa Capital
SEED STAGE
Seed
Danetti (2006, Camberley)
Private label brand of furniture
HSBC Group
53. List of Funding Rounds (12/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
53
SEED STAGE
Seed
Circulor (2017, London)
Blockchain-based traceability solution
Jaguar Land Rover, InMotion Ventures
SEED STAGE
Seed
C-Link (2015, London)
SaaS driven project management software for
construction professionals
NorthInvest, Ian Stark, Steve Secker
SEED STAGE
Seed
Floww (2016, London, $6.7M)
SaaS-based deal management solutions for VCs
Ramon Mendes de Leon, Duncan Simpson-Craib, Angus
Davidson, Stephane Delacote, Pip Baker
SEED STAGE
Seed
Volt (2019, Bristol)
Online payment gateway solutions for businesses
Augmentum
SEED STAGE
Seed
YOP (2020, London)
Provider of blockchain-based yield optimization
platform for farmers
Pires Investments
SEED STAGE
Seed
Spirea (2016, Harrogate)
Developer of therapeutic solutions for cancer
treatments
O2h Ventures, Syndicate Room
SEED STAGE
Seed
Artemis Technologies (2017, Belfast)
Provider of maritime design and yacht racing solutions
Gunvor Group
SEED STAGE
Seed
Kuula (2020, London, $610.3K)
Provider of a SaaS-based platform for yoga/fitness
professionals
Seedcamp, Ascension, , Hambro Perks, Tiny, and 2
more
SEED STAGE
Seed
Purple Games (, Dublin)
Developer of online casino games
MY.GAMES Venture Capital
54. List of Funding Rounds (13/13)
List of Funding Rounds in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
54
SEED STAGE
Seed
EverUp (2020, London)
Game-based savings platform for individuals
SEED STAGE
Seed
Phycobloom (2019, London)
Offering solutions to convert carbon dioxide into oils
Zero Carbon Capital
55. New Investors (1/2)
List of New Investors in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of New Investors
55
Investor Company Info Round Amount Round Name
MY.GAMES Venture Capital
4 portfolio companies | Venture capital firm investing in gaming sectors
Purple Games
Developer of online casino games
Undisclosed Seed
Allrise Capital
1 portfolio companies | Venture capital firm investing in multiple sectors
IntellectoKids
Provider of educational resources for children
$3.00M Series A
truistsecurities.com
1 portfolio companies | ERROR: The request could not be satisfied
Venafi
Securing Encryption Keys and Certificates
Undisclosed Series D
taybros.com
1 portfolio companies | Taylor Brothers | Southern California's Premier Door
and Window Dealer Catering to the Trade Professional
Karakuri
Manufacturer of automated robotic food preparation system
$8.40M Seed
Zero Carbon Capital
1 portfolio companies | Venture capital fund investing in multiple sectors
Phycobloom
Offering solutions to convert carbon dioxide into oils
Undisclosed Seed
Ontario Teachers' Pension Plan
43 portfolio companies | Pension plan for teachers in Ontario, Canada
Graphcore
Provider of machine learning processors for accelerating AI processing
$222M Series E
Montagu Private Equity
4 portfolio companies | PE firm investing in the US & Europe
ParentPay
Online payment management system for schools
Undisclosed PE
Experian
2 portfolio companies | Credit score
SalaryFinance
Online lending platform for employer loans
$27.00M Series D
Forecast
1 portfolio companies | Venture capital fund investing in tech sectors
Aglet
AR Sneaker shopping game
$4.50M Series A
Curve
1 portfolio companies | NFC-enabled multi-account payment card
Zilch
Online platform for purchase financing
$30.00M Series A
56. New Investors (2/2)
List of New Investors in UK & Ireland Tech in December 2020
UK & Ireland Tech: List of New Investors
56
Investor Company Info Round Amount Round Name
TED
4 portfolio companies | Provider of event management services
Monzo
Digital bank for consumers & businesses
$80.26M Series G
State Bank of India
10 portfolio companies | Commercial bank
Cleo AI
Artificial intelligence meets personal finance
$44.00M Series B
Drive Capital
57 portfolio companies | Tech focused Seed to growth stage VC firm investing in
the US
battleface
Online travel insurance platform for individuals
$12.00M Series A
BoxGroup
195 portfolio companies | Micro VC firm investing in early stage tech companies
primarily in the US
Heron Data
Open banking APIs
$1.20M Seed
FLEX Capital
2 portfolio companies | Private equity firm focused on buyouts
Heron Data
Open banking APIs
$1.20M Seed
Miele
3 portfolio companies | Manufacturer of home appliances
V7
Developer of fully-automated smart retail stores
$3.00M Seed
Creator Fund
1 portfolio companies | Venture capital fund focused on multiple sectors
Recycleye
Provider of solutions for automated waste sorting
$1.60M Seed
The Yield Lab
2 portfolio companies | Provides solutions for sustainable farming
Micron Agritech
Provider of pen-side testing kit for farmers or vets for detecting
parasitic infections in cattle
$605K Seed
Clean Growth Fund
1 portfolio companies | Infrastructure fund investing in multiple sectors
Piclo
Marketplace for energy trading and other energy related transition
$1.98M Series A
mvk-group.com
1 portfolio companies |
iNSTRUCKO
Online platform providing English lessons for kids
Undisclosed Seed
57. Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
57
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲1 Online Food Delivery $636M 1 Deliveroo | $636M | Series G
2 ▲3 Data Privacy Management Platforms $612M 6 OneTrust | $300M | Series C
3 ▲3 Cybersecurity > Data Security > Data Privacy $609M 5 OneTrust | $300M | Series C
4 ▲45 Online Second Hand Car Dealers $458M 3 Cazoo | $311M | Series E
5 -- Customer Success Management > Customer Engagement $403M 1 Infobip | $403M | Series A
6 ▼-3 P2P Bank Remittance $387M 3 TransferWise | $319M | Series F
7 ▲137
Alternative Lending > Online Lenders > Mortgages >
Residential > Marketplace
$367M 4 Molo | $344M | Series A
8 ▲33 Nanopore Sequencing $242M 3 Nanopore | $110M | Series G
9 --
Electric Vehicles > Automaker > Commercial Vehicles >
Multi Category Commercial Vehicles
$229M 3 Arrival | $118M | Series D
10 ▼-2 Payment Card Issuer Processors $200M 4 Checkout.com | $150M | Series B
58. New Analyst Picks (1/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
58
Upgraded to UNICORN
Venafi (2004, Sandy, $100M, Series D)
Securing Encryption Keys and Certificates
Questmark Partners, Silver Lake, Highway 12 Ventures
and 13 other Investors
Upgraded to SOONICORN
Microblink (2014, London, $60.0M, Series C)
SDK provider for mobile banking and payment apps
,FinTech Innovation Laband
Upgraded to SOONICORN
Form3 (2016, London, $6.3M, Grant (prize money))
Cloud-based merchant banking solutions
83North, , Nationwide and 6 other Investors
Upgraded to SOONICORN
Bitcoin (2009, London, $100M, Series C)
Decentralized P2P cryptocurrency for payments
Bitcoin Capital, FRF Capital, ConsensusValue and 31
other Investors
Upgraded to SOONICORN
Orbex (2015, London, $39.7M, Series B)
Developing launch system for small satellites
Elecnor, Heartcore Capital, European Space Agency
and 6 other Investors
Upgraded to SOONICORN
Immedis (1996, Dublin, $50.0M, PE)
Cloud-based payroll management software for
businesses
Lead Edge Capital,Scottish Equity Partnersand
Upgraded to SOONICORN
First Light Fusion (2011, Oxford, $25.0M, Series B)
Pulse-powered nuclear fusion process developer
Parkwalk, IP Group, Oxford University Innovation and 3
other Investors
Upgraded to SOONICORN
Cleo AI (2015, London, $44.0M, Series B)
Artificial intelligence meets personal finance
Ian Hogarth, Robin Klein, Alexander Edward
Chesterman and 19 other Investors
Upgraded to SOONICORN
Outfund (2020, London, $49.4M, Seed)
Alternative investment platform focused on venture
capital funds & bank loans
TMT Investments, Force Over Mass Capital, Fuel
Ventures and 1 other Investors
59. New Analyst Picks (2/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
59
Upgraded to MINICORN
8power (2015, Cambridge, $2.7M, Seed)
Developer of self-powered wireless sensor solutions
for industrial applications
Low Carbon Innovation Fund, Cambridge Enterprise,
Parkwalk and 4 other Investors
Upgraded to MINICORN
IntellectoKids (2015, Tortola, $3.0M, Series A)
Provider of educational resources for children
Allrise Capital,Genesis Investments,UltimateVCand
Upgraded to MINICORN
battleface (2009, Kings Hill, $12.0M, Series A)
Online travel insurance platform for individuals
Tangiers Group, Fintech Ventures Fund, Greenlight Re
and 1 other Investors
Upgraded to MINICORN
Acacia Pharma (2006, Cambridge, Undisclosed,
Series B)
Developer of therapeutic solutions for treating cancer
Hercules Capital, O2h Ventures, Cosmo
Pharmaceuticals and 5 other Investors
Upgraded to MINICORN
Kuato Studios (2011, London, $6.0M, Series A)
Game development studio
Horizons Venturesand
Upgraded to MINICORN
Infogrid (2018, London, $15.5M, Series A)
Provider of an IoT and AI-based smart building
management solution
Northzone, JLL Technologies, The Venture Collective
and 2 other Investors
Upgraded to MINICORN
TravelNest (2014, Edinburgh, $2.4M, Conventional
Debt)
SaaS-driven channel management solution for vacation
rentals
Mark Logan, Silicon Valley Bank, Mangrove Capital
Partners and 3 other Investors
Upgraded to MINICORN
Floww (2016, London, Undisclosed, Seed)
SaaS-based deal management solutions for VCs
Duncan Simpson-Craib, Angus Davidson, Stephane
Delacote and 2 other Investors
Upgraded to MINICORN
Candu (2019, London, $5.0M, Seed)
UI Design platform provider
Entrepreneur First, Haystack, Charles River Ventures
and 2 other Investors
Upgraded to MINICORN
The Thinking Traveller (2002, London, $9.3M, PE)
Online platform to book managed vacation rentals
Piper Private Equityand
Upgraded to MINICORN
Papercup (2015, London, $10.7M, Series B)
AI-enabled video translation platform
, William Tunstell-Pedoe, Entrepreneur First and 5
other Investors
Upgraded to MINICORN
Beckley Psytech (2014, Oxford, $18.9M, Series B)
Developer of drugs for the treatment of neurological
and psychiatric disorders
Oryx Ventures, Bain Capital, Richard Reed and 2 other
Investors
60. New Analyst Picks (3/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
60
Upgraded to MINICORN
ROXi (2014, London, $17.5M, Series B)
Provider of smart stereo hardware for music listening
Sun Capital Partnersand
Upgraded to MINICORN
Updraft (1996, London, Undisclosed, Conventional
Debt)
Credit card debt financing solution
Quilam Capital,UK Governmentand
Upgraded to MINICORN
OpenSensors (2014, London, $4.0M, Seed)
IoT enabled building management solution
Loric Ventures, Crane Venture Partners, Concrete
Venture Capital and 1 other Investors
Upgraded to MINICORN
Vestrata (2018, London, $4.0M, Series A)
Risk & compliance management solutions for wealth
managers
Upgraded to MINICORN
Resolution Therapeutics (2017, Edinburgh,
$35.6M, Series A)
Developer of macrophage cell therapy for the
treatment of inflammatory & liver diseases
Synconaand
Added to Editor's Pick
Accelercomm (2016, Southampton, $7.5M, Series A)
Provider of wireless telecommunication services
Future Worlds, IQ Capital, IP Group and 2 other
Investors
Added to Editor's Pick
Elmtronics (2013, Consett, $2.0M, Seed)
Provider of solutions for electric vehicle charging
Mercia,Northern Powerhouse Investment Fund,The
Ingenious Groupand
Added to Editor's Pick
Refeyn (2018, Oxford, Undisclosed, Series A)
Developer of a technology for the measurement of
single molecular mass
Foresight Williams, Northpond Ventures, Horizons
Ventures and 7 other Investors
Added to Editor's Pick
Massless (2016, London, $2.0M, Seed)
Tools to create 3D designs for virtual reality content
Shrug Capital, Basecamp, Vivi Nevo and 6 other
Investors
61. New Analyst Picks (4/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
61
Added to Editor's Pick
Reactive Technologies (2010, Oxford, Undisclosed,
Series C)
Demand side management platform
Accenture, Renewable Energy Systems, Equinor and 1
other Investors
Added to Editor's Pick
Bond Digital Health (2015, Cardiff, $1.6M, Seed)
Digital healthcare solutions for chronic care
management
Bevan Commission, UK Government, Development
Bank of Wales and 1 other Investors
Added to Editor's Pick
ChargedUp (2017, London, $1.6M, Seed)
Operator of portable power bank rental network
The Garage Soho, JamJar Investments, Founders
Factory and 1 other Investors
Added to Editor's Pick
Okko Health (2019, Bristol, $192K, Angel)
Provider of an app for home monitoring of eye health
Added to Editor's Pick
Metrikus (2019, London, Undisclosed, Series A)
Provider of building analytical solutions
Added to Editor's Pick
Tradefeedr (2017, London, $3.0M, Seed)
Data Management solutions for financial institutes
NEX,IPGL,ICAPand
Added to Editor's Pick
Koto (2018, London, $1.7M, Seed)
Credit card for consumers
Added to Editor's Pick
Elemendar (2017, Stourbridge, $911K, Seed)
AI based threat intelligence platform
Newable,LORCAand
Added to Editor's Pick
IbisVision (2014, , Undisclosed, Seed)
Developer of eye diagnostic devices for eye care
UK Government, EyeFocus Accelerator, Deepbridge
Capital and 3 other Investors
Added to Editor's Pick
Kinomica (2017, Macclesfield, $5.2M, Series A)
Provider of a bioinformatics platform for the
development of precision medicine
Puffin Point, Longwall Venture Partners, BioCity and 2
other Investors
Added to Editor's Pick
AGORA (2019, London, $6.7M, Seed)
App based user generated beauty advice and content
Angel Capital Management,Draper Esprit,Lakestarand
Added to Editor's Pick
Spatial Quotient (2015, Exeter, $281K, Conventional
Debt)
Provider of patient inflow management software for
hospitals and clinics
SWIG Finance,UK Governmentand
62. New Analyst Picks (5/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
62
Added to Editor's Pick
Magdrive (2019, Didcot, $1.9M, Seed)
Provider of plasma-based propulsion systems for
satellites
Luminous Ventures, Entrepreneur First, 7percent and 1
other Investors
Added to Editor's Pick
4D Biomaterials (2020, Birmingham, $263K, Grant
(prize money))
Provider of resin for 3D Printing
UK Government,SFC Capitaland
Added to Editor's Pick
Vauban (2017, London, $2.1M, Seed)
Portfolio management platform for private market
investment
Property Innovation Labs, United First Partners, Alban
Roger and 5 other Investors
Added to Editor's Pick
MOBY (2018, Dublin, $966K, Seed)
App-based electric-bicycle sharing platform
Halo Business Angel Network,Sean Mitchell,Brian
Caulfieldand
Added to Editor's Pick
NUA Surgical (2018, Galway, $120K, Grant (prize
money))
Developer of devices to reduce risk during child birth
IntertradeIrelandand
Added to Editor's Pick
HausBots (2017, London, Undisclosed, Seed)
Provider of a wall climbing painting robot
Britbots,HAXand
Added to Editor's Pick
SageTech Medical Equipment (2015, Paignton,
$1.7M, Seed)
Developer of technology to extract and purify volatile
anesthetic gases
NetScientific,UK Research and Innovation,EMV
Capitaland
Added to Editor's Pick
Kuula (2020, London, Undisclosed, Seed)
Provider of a SaaS-based platform for yoga/fitness
professionals
Tiny, , Seedcamp and 4 other Investors
Added to Editor's Pick
DronePrep (2019, Malvern, $40.5K, Seed)
Provider of a drone preparation platform
BetaDenand
Added to Editor's Pick
iNSTRUCKO (2019, London, Undisclosed, Seed)
Online platform providing English lessons for kids
,Virginand
Added to Editor's Pick
VRAI (2017, Gateshead, $1.4M, Seed)
Provider of virtual reality simulation training solutions
Enterprise Irelandand
Added to Editor's Pick
Bright (1999, Brighton, Unfunded)
Web-based digital asset management software
63. New Analyst Picks (6/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
63
Added to Editor's Pick
Aglet (2019, London, $4.5M, Series A)
AR Sneaker shopping game
Sapphire Ventures, Greg Castle, Nate Mitchell and 3
other Investors
Added to Editor's Pick
Pomelo Pay (2017, Covent Garden, $2.8M, Seed)
Online payment processing solution for businesses
Force Over Mass Capitaland
Added to Editor's Pick
DJS Antibodies (2014, Oxford, $8.0M, Series A)
Designs and discovers novel therapeutic monoclonal
antibodies against GPCRs
Sedgwick, Amgen, Oxford Sciences Innovation and 5
other Investors
Added to Editor's Pick
Beacon (2017, Hackney, Unfunded)
Cloud-based CRM software for charities
Added to Editor's Pick
Weekly10 (2012, Wrexham, Unfunded)
Cloud-based performance and employee engagement
software
Added to Editor's Pick
StepEx (2017, London, Unfunded)
Online lending platform for education loans
King’s20and
Added to Editor's Pick
Unit 2 Games (2017, Leamington Spa, $5.0M, Series
A)
Collaborative game creation platform
Makers Fundand
Added to Editor's Pick
GyreOx (2019, Harwell, Unfunded)
Developer of a technology platform for the synthesis of
the macrocyclic peptide
Oxford University Innovationand
Added to Editor's Pick
ElectricNoir (2017, London, Unfunded)
Mobile game developer focusing on casual games
Moonfireand
Added to Editor's Pick
IndigoForward (2004, London, Unfunded)
Cloud-based conferencing management software
provider
Added to Editor's Pick
MaidSafe (2006, Glasgow, Unfunded)
Safe Network platform
Blockpower Capitaland
Added to Editor's Pick
Flaime (2020, London, Undisclosed, Seed)
Provider of a solution to create volumetric videos for
AR/VR applications
Entrepreneur Firstand
64. New Analyst Picks (7/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
64
Added to Editor's Pick
EverUp (2020, London, Undisclosed, Seed)
Game-based savings platform for individuals
Added to Editor's Pick
Blue Tap (2017, Cambridge, Undisclosed, Grant (prize
money))
Provider of smart water bottles solutions
UK Government,Founders Factoryand
Added to Editor's Pick
Volatile (2019, London, Unfunded)
Developer of a smell sensor for tracking beer aroma
HAX,Panasonic Deep Tech Innovation Challengeand
Added to Editor's Pick
Volt (2019, Bristol, Undisclosed, Seed)
Online payment gateway solutions for businesses
Augmentumand
Added to Editor's Pick
Excelpoint (2004, Newton Aycliffe, Unfunded)
No-code application development platform
Added to Editor's Pick
Ambify (2019, London, Unfunded)
Provider of a environmental health risk monitoring
solution
Entrepreneur Firstand
Added to Editor's Pick
Oxford Risk (2002, London, Unfunded)
Risk profiling & management solutions for financial
planners
Oxford University Innovationand
Added to Editor's Pick
Laureti Group (2020, London, Unfunded)
Manufacturer of electric cars
Added to Editor's Pick
Interbacs (2003, Manchester, Unfunded)
Direct debit payment solutions for businesses
Added to Editor's Pick
Toraphene (2018, Scunthorpe, Unfunded)
Provider of biomaterials for ocean plastic pollution and
environmental healing
Added to Editor's Pick
Tapeswitch (1957, Chorley, Unfunded)
Manufacturer of switches and pressure-sensitive
sensor products
Added to Editor's Pick
Centrixe (2010, Gerrards Cross, Unfunded)
Cloud-based business intelligence and analytics
software solutions
65. New Analyst Picks (8/8)
Interesting Companies identified by Analysts in UK & Ireland Tech in December 2020
UK & Ireland Tech: Analyst Picks
65
Added to Editor's Pick
Biomedical Data Solutions (1983, Burton-on-trent,
Unfunded)
Provider of laboratory data and information
management software
Total Specific Solutionsand
Added to Editor's Pick
Hi9 (2014, Penzance, Unfunded)
Provider of audio digital assistants and chatbot
development solutions
Added to Editor's Pick
Method Analytics (2016, Leeds, Unfunded)
AI-based data science and data analytics platform
66. IPO Date Company IPO Mcap Exchange Ticker
15 Dec 2020
Abingdon Health (2008, York, $23.4M)
Developer of immunoassays for diagnostic purpose
$0.0B LON:ABDX
04 Dec 2020
Doctor Care Anywhere (2013, London, )
Online healthcare consultation
$190M ASX:DOC
IPOs
List of IPOs in UK & Ireland Tech in December 2020
UK & Ireland Tech: IPOs
66
67. Acquisitions (1/6)
List of Acquisitions in UK & Ireland Tech in December 2020
UK & Ireland Tech: Acquisitions
67
Acq. Date Company Acquirer Deal Size
02 Dec 2020
Abintegro(2008, Chiswick)
Career management platform
The Access Group
02 Dec 2020
Iceni(1996, Norwich)
Software to edit PDF documents
PDFTron
03 Dec 2020
DoctorLink(2016, London)
Mobile app for efficient access to GPs
Health Hero
03 Dec 2020
My PT Hub(2015, Burgess Hill)
Online web & mobile app - Enabling fitness trainers to manage
clients
EverCommerce
03 Dec 2020
Dmbook(2013, Dublin)
Provider of a cloud-based virtual hotel assistant
LoungeUp
03 Dec 2020
Infectious Media(2008, London)
Runs programmatic campaigns for advertisers
Kepler Group
07 Dec 2020
VeloSkin(2016, Halifax)
Internet-first brand offering natural skincare products for cyclists
Andrew Banks
07 Dec 2020
BlueprintCPQ(1999, Glossop)
CPQ software for enterprises
Xait
07 Dec 2020
Barbon Insurance Group(1992, Lincoln)
Property insurance carrier
PIB Group
07 Dec 2020
IMImobile(2000, London, $26.0M)
Technology provider for customer engagement
Cisco $730.0M
68. Acquisitions (2/6)
List of Acquisitions in UK & Ireland Tech in December 2020
UK & Ireland Tech: Acquisitions
68
Acq. Date Company Acquirer Deal Size
08 Dec 2020
Hutch(2011, London, $5.5M)
Mobile game developer specializing in casual games
Modern Times Group $275.0M
08 Dec 2020
Optima Energy Systems(1988, Birmingham)
Energy management software for buildings
Bill Identity $8.5M
09 Dec 2020
Refract(2015, Newcastle Upon Tyne, $2.4M)
Sales conversation analysis platform
Allego
09 Dec 2020
Dataform(2018, London, $2.1M)
Data management solution for data analytics
Google
10 Dec 2020
vendelectric(2012, Newark On Trent)
Provider of solutions for electric vehicle charging
Rolec Services
10 Dec 2020
SSP Worldwide(2002, London)
Provides back-end technology solutions to insurers, brokers and
financial advisers.
Volaris Group
11 Dec 2020
iHasco(2008, Bracknell)
Health and Safety courses for corporates
The Citation Group
11 Dec 2020
Arkessa(2009, London)
Multi network M2M connectivity provider.
Wireless Logic
13 Dec 2020
Codemasters(1986, Warwick, $98.6M)
Video game developer specializing in core games
Electronic Arts $1200.0M
14 Dec 2020
Bloom Botanics(2018, Newry)
Provider of an online retailing platform for cannabis-based
products
n2logics.com