Weekly Soak 🧼 03 Feb 2025

The definitive round-up of venture capital fundraising news | 🇬🇧 edition

Jesse Heasman
February 03, 2025

Lift off: Orbex closes £20m from the UK Government for its rocket designed to transport small satellites into low Earth orbit

Welcome if you’re new to Weekly Soak by Soapbox - the newsletter that covers every funding round announced in the last 7 days.

Soapbox helps founders and companies - whatever stage, sector or surrounding hype - publish a golden source of their fundraise online in a digestible format for onward sharing.

And allows the rest of us - whether we’re future investors, hires or clients - to catch-up on the latest venture stories in a simple feed and newsletter without the usual clickbait or paywall.

If you missed it we launched our inaugural Quarterly Wash report last week unpacking what happened in UK venture in Q4’24. Download to see which ⚙️ sectors, 🧑🏻‍💻 VC funds and 🌇 cities came out on top…

Quarterly Wash

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Last week £95m was deployed across 18 rounds. Catch up below ⤵️

<£0.5m

Adia raises £300k from Blackfinch Ventures to make gas boilers obsolete with hardware for heat pumps

🌎 London, United Kingdom 📈 Funding ⚙️ Energy

£0.5 ➡️ 1m

Atelerix lands £750k from ACF Investors and o2h ventures to revolutionise biological transport

🌎 Newcastle, United Kingdom 📈 Funding ⚙️ Life sciences

Serene secures £930k pre-seed led by Fuel Ventures to transform how financial services address customer vulnerability

🌎 London, United Kingdom 📈 Pre-seed ⚙️ Fintech

GRYD raises £1m in pre-seed funding to scale its zero-cost solar tech to homes nationwide

🌎 London, United Kingdom 📈 Pre-seed ⚙️ Energy

£1 ➡️ 2m

Smartify raises £1.5m to expand international presence and enhance digital engagement in arts and culture

🌎 London, United Kingdom 📈 Funding ⚙️ Art & culture

Neu Health raises £1.6m from Cedars-Sinai and Oxford Science Enterprises to expand neurology care platform

🌎 London, United Kingdom 📈 Funding ⚙️ Health

CareLoop secures £1.8m funding for its digital therapeutic platform that focuses on tackling severe mental illness

🌎 Manchester, United Kingdom 📈 Seed ⚙️ Health

Yavrio raises £2m in seed funding led by Fuel Ventures to bring embedded banking and payments to ERP

🌎 London, United Kingdom 📈 Seed ⚙️ Fintech

£2 ➡️ 5m

BOW raises a £4m seed round led by Northern Gritstone for its ground-breaking robotics software platform

🌎 Sheffield, United Kingdom 📈 Seed ⚙️ Robotics

Prosper secures £4m in funding led by Fuel Ventures to transform wealth management

🌎 London, United Kingdom 📈 Funding ⚙️ Wealth

Insight Terra secures £4.5m investment to expand its AI-driven environmental risk and GHG monitoring platform

🌎 London, United Kingdom 📈 Funding ⚙️ Climate

Sightline Climate raises £4.5m from Westly Group and Molten Ventures to scale its market intelligence platform for the transition economy

🌎 London, United Kingdom 📈 Seed ⚙️ Climate

Zelt raises £5m led by Nauta to build an all-in-one people operations platform

🌎 London, United Kingdom 📈 Funding ⚙️ Human resources

£5 ➡️ 10m

C the Signs announces £6m investment from Khosla Ventures to advance AI-powered early cancer detection

🌎 London, United Kingdom 📈 Funding ⚙️ Medical

£10 ➡️ 20m

Sokin secures £12m in debt funding from BlackRock to remove the borders, barriers and burdens from international payments

🌎 London, United Kingdom 📈 Venture debt ⚙️ Payments

Orbex secures £20m UK Government investment to launch Prime rocket from Scotland and develop larger Proxima

🌎 Forres, United Kingdom 📈 State funding ⚙️ Space

£20 ➡️ 50m

Iplicit secures £25m investment from One Peak to scale its next-generation accounting software platform

🌎 London, United Kingdom 📈 Growth ⚙️ Finance

🔒 Undisclosed

Clear Decisions raises a pre-seed with SFC Capital for its data centre compliance platform

🌎 London, United Kingdom 📈 Pre-seed ⚙️ Software infrastructure

😲 Have we missed a round? Get in touch at [email protected]

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