It’s been a big funding week for London tech firms. This week’s deals include digital bank Zopa, Legal AI tool Lawhive, crypto firm Argo Blockchain and more.
UKTN tracked £147.7m worth of UK tech investment this week (2 December to 6 December), a quadrupling of funds raised on last week, across five rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Zopa – £68m
Sector: Fintech
HQ: London
Investors: Danske Bank investor A.P. Moller, plus existing shareholders from previous rounds
With over a million customers, Zopa is looking to expand into current accounts in 2025
9Fin – £40m
Sector: Fintech
HQ: London
Investors: Highland Europe, Spark Capital, Redalpine, Seedcamp, 500 Startups and Ilavska Vuillermoz Capital.
Round: Series B
Based in the City, 9fin is looking to expand its debt capital markets analytics platform, having so far reached more than 200 institutional customers with combined assets worth over $17tn.
Lawhive – £32m
Sector: Legal
HQ: London
Investors: Google Ventures, TQ Ventures, Balderton Capital, Jigsaw, Episode 1
Round: Series A
Lawhive, founded in 2021, has built an AI large language model to complete time-consuming administrative legal tasks.
Argo Blockchain – £4.2m
Sector: Crypto
HQ: London
Investors: An unnamed “ institutional investor”
Round: Capital raise via London Stock Exchange
The Bitcoin miner said the proceeds from this will support the relocation or sale of its Bitcoin mining equipment in the Helios facility in Texas, whilst maintaining its mining operations in Quebec.
Cerve – £3.5m
Sector: Food tech
HQ: London
Investors: SuperSeed, Zenith, Ponderosa and The First Thirty
Round: Seed
Cerve’s mission is to accelerate the digitisation of the global food supply chain via its API tools, delivering a standardised protocol.
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