Fundment Leads UK's Tech Funding Roundup with £45m Raise
Deal News | Jan 24, 2025 | UK Tech Funding
In the recent UK tech funding roundup for the week of January 20th to 24th, 2025, UK Tech News (UKTN) reported a total investment of £54 million across various sectors. Noteworthy deals include the HR platform Recfindr securing £300k in a pre-seed round from SFC Capital, and Vizgard, a security firm, raising £1.5 million in a Series A led by Sure Valley Ventures. HR firm TalentMapper closed a £2 million Series A round with investors Mercia Ventures and Haatch. Fundment, a financial advisory tech company founded by Ola Abdul, achieved the largest funding of the week with £45 million in its Series S round, led by Highland Europe and involving ETFS Capital. Additionally, analytics platform Infinity obtained £5 million in debt financing from CIBC Innovation Banking. These investments underline the robust support and growth potential in UK’s tech sector across HR, security, analytics, and financial advisory.
Sectors
- HR Technology
- Security Technology
- Financial Technology
- Analytics
Geography
- United Kingdom – All companies involved are based in the UK and are raising funds from investors with UK offices.
Industry
- HR Technology – Relevant due to the funding of Recfindr and TalentMapper, which are focused on recruitment and skill development.
- Security Technology – Pertains to Vizgard's focus on AI vision automation for defence and public safety.
- Financial Technology – Fundment is leveraging technology to solve challenges for financial advisers.
- Analytics – Infinity's analytics platform focuses on data insights, indicating relevance for the analytics sector.
Financials
- £54m – Total investment raised across the UK tech sector for the week of January 20th to 24th, 2025.
- £300k – Pre-seed funding raised by Recfindr from SFC Capital.
- £1.5m – Series A funding raised by Vizgard led by Sure Valley Ventures.
- £2m – Series A funding raised by TalentMapper from Mercia Ventures and Haatch.
- £45m – Series S funding raised by Fundment led by Highland Europe.
- £5m – Debt financing secured by Infinity from CIBC Innovation Banking.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Recfindr | Target Company | Company | A UK-based HR platform developing an all-in-one recruitment process management solution. |
| SFC Capital | Investor | Company | An early-stage investor based in the UK, investing in Recfindr. |
| Vizgard | Target Company | Company | A security firm focused on AI vision automation, based in London. |
| Sure Valley Ventures | Investor | Company | Led Vizgard's Series A funding round. |
| TalentMapper | Target Company | Company | An HR-focused tech firm using AI for skill identification and development. |
| Mercia Ventures | Investor | Company | Invested in TalentMapper's Series A funding round. |
| Haatch | Investor | Company | Co-invested in TalentMapper's Series A funding round. |
| Fundment | Target Company | Company | A fintech company solving technology challenges in financial advisory. |
| Highland Europe | Investor | Company | Led Fundment's £45 million Series S round. |
| ETFS Capital | Investor | Company | Participated in Fundment's Series S round. |
| Infinity | Target Company | Company | An analytics platform based in Milton Keynes. |
| CIBC Innovation Banking | Investor | Company | Provided debt financing to Infinity. |