
06/06/2025
Great news from Britain's startup ecosystem! £74M raised across 10 companies with game changing tech in Legaltech, Software, Tech, Cyber security and Construction.
This is your weekly startupmag recap:
Total Raised: £74,190,000
Largest Round: £18.5M (Wordsmith AI – Legaltech)
Sectors Legaltech, Software, Tech, Cyber security and Construction
🚀 1. Wordsmith AI raised £18,500,000
Edinburgh's Wordsmith AI secures £18,490,000 to enhance legal intelligence—poised to reshape efficiency in legal teams across industries! Big win Ross McNairn - well done!
🚀 2. Skyral raised £14,800,000
Skyral has secured £14,790,000 in Series A funding to reshape decision-making with groundbreaking tech solutions. Exciting times ahead! Great achievement Naomi Hulme - congratulations!
🚀 3. Labrys raised £14,800,000
Labrys has secured £14,770,000 to elevate workforce management, paving the way for smarter, AI-driven solutions for remote teams. Kudos August Lersten!
🚀 4. ThreatSpike raised £10,400,000
ThreatSpike secures £10.4m to simplify cybersecurity for mid-sized enterprises, aiming for growth with enhanced all-in-one solutions. Amazing achievement Kate Blake and Adam Blake!
🚀 5. Auar raised £5,100,000
Auar secures £5.1M to redefine sustainable housing with its automated construction platform, eyeing expansion across Europe. Congrats on the funding Mollie Claypool and Gilles Retsin!
🚀 6. Filament Syfter raised £3,500,000
Filament Syfter raises £3,540,000 to enhance AI-driven dealmaking, empowering firms with smarter data solutions for optimal outcomes. Impressive raise Phil Westcott - looking forward to what's next!
💡 Additional startups:
🚀 7. Literal Labs raised £4,600,000
🚀 8. OBT Live raised £2,250,000
🚀 9. Melius CyberSafe raised £250,000
🚀 10. CareLineLive raised funding
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