Keep reading to get a breakdown of some of August's notable deals and the main investors that backed these exciting raises, all thanks to PitchBook's research.
United Kingdom
In August, 31 companies across the Seed - Series B tech space successfully secured funding with the support of 114 investors, who collectively invested £314.5M into businesses across the UK, with the highest deal receiving £90M.
Highest Capital Investment
In August, UK investors continued to focus their attention on technology-driven sectors, with three areas standing out in particular.
SaaS led the way, attracting around £215M across 10 deals, as businesses that offer scalable, subscription-based models remain highly attractive. Mobile technology secured the second place with just over £150M in funding across 4 deals, reflecting the ongoing shift toward mobile-first products and services. Close behind, AI and Machine Learning raised approximately £135M, while also recording the highest number of deals at 12, showing the strong momentum behind AI solutions across different industries.
We would like to spotlight to a few standout companies in these sectors for their impressive fundraising successes:
- Attio, a cloud-based CRM platform that focuses on creating customizable workspaces for team workflows, has raised an impressive £38M in Series B funding round.
- Metaview, a developer of connected artificial intelligence agents to support various stages of the hiring workflow, has raised £27M in their Series B.
- Bumper, an interest-free monthly payment service platform that helps drivers manage the costs of car repairs, servicing, parts, and accessories, has secured £11M in Series B funding.
Congratulations to all founders and their teams for these amazing fundraises in the month of August! 👏
Notable Investors
We are thankful for the role investors play in fuelling the startup ecosystem, turning ambitious visions into reality through their support, resources, and belief in early-stage innovation.
In the month of August, these were the most active investors in the UK:
- Maven Capital Partners, providing Series A capital to Approov and Q5D Technologies.
- 01 Advisors, backing Attio in their Series B round.
- 13book Capital, supporting LO:TECH in their Seed round.
Funding Stages
Keeping up with different funding stages gives us a clearer view of the fundraising landscape in the UK and US. Since our network is primarily made up of early-stage finance leaders, founders, and investors in the tech startup world, we primarily focus on investments made across the Seed to Series B stages.
This is how the UK capital investment allocation was split between these stages in August:
- 65.22% of the total capital invested was allocated towards Series B rounds, with a total of 5 deals closed, allowing businesses to accelerate growth, expand into new markets, strengthen operations, and compete at scale.
- Series A absorbed 12.05% of the capital across 4 completed deals, investment that could to towards funding product-market fit, early customer acquisition, and team expansion.
- Investment allocated towards Seed rounds sat at 22.73%, which will allow businesses to develop early-stage ideas into a product that can be tested for the market.
Overall, the UK continues to attract strong investor interest, particularly in scalable SaaS, mobile, and AI businesses, with capital flowing predominantly toward growth-stage companies while still maintaining meaningful support for early innovation.
New York
New York saw $905M of capital being allocated towards companies in the Seed - Series B tech space, with 48 companies securing funding from 190 investors, with the largest single deal reaching $70M.
Highest Capital Investment
New York also saw significant capital flow into technology sectors, with three industries clearly standing out.
SaaS topped the list, pulling in $600M across 29 deals, mirroring investor interest in subscription-based businesses. AI and Machine Learning followed closely, raising just over $550M across 29 deals. FinTech came in third with $314M invested, continuing New York’s role as a global hub for financial innovation and digital finance adoption.
We would like to celebrate the successes of a handful of companies in these sectors for their impressive fundraising successes:
- Rillet, an accounting software aimed at enhancing financial management for SaaS and usage-based businesses, has raised $70M in their Series B round.
- Whop, an operator of an online marketplace for transacting digital software products globally, received $62M in their Series B funding round.
- Stavtar, a developer of a finance and business management software aimed at providing task management solutions for international financial firms and small start-ups, raised $55M in their Series A round.
We would like to extend our congratulations to all teams and their founders for these fantastic achievements in the month of August!
Notable Investors
As we highlight in each edition, investors are the beating heart of the startup ecosystem, driving innovation and growth by backing bold ideas with both capital and confidence.
In New York, these were the most active investors during the past month:
- Alumni Ventures, providing seed capital to Alignmt AI, Unusual Circumstances and Vow.
- Insight Partners, supporting later stages funding of Instalily, Tavily and Whop.
- New Enterprise Associates, having backed August, Bluefish and Translucent.
Funding Stages
Below is a breakdown of how capital was distributed across these stages during the month of August, just like in the UK, with later stage funding rounds also dominating the investment market in New York:
- The largest share of capital, 44.3% was allocated towards Series B stages across 8 deals, allowing scaling companies with proven models to expand into new markets, strengthening infrastructure, and accelerating growth.
- Series A was a close second, showing strong mid-stage support, with 38.99% of capital going to this funding stage across 15 successful deals. This capital will support businesses that have achieved initial traction, allowing them to refine product-market fit, acquire customers, and expand teams.
- Seed investment took the smallest share (16.71%) but this is still significant for early innovation, as backing very early-stage companies provides the businesses with a chance to develop ideas into tangible products and validate market fit.
Overall, New York’s tech ecosystem attracted significant capital, with SaaS leading at $600M across 29 deals, closely followed by AI & Machine Learning at $550M and FinTech at $314M, reinforcing the city’s strength as a hub for digital innovation. Funding was spread more evenly across stages, with Series B and Series A drawing the bulk of investment..
