# Median Series A round in the United Kingdom (2026)

> The median Series A round in the United Kingdom is $14M, from 84 rounds announced in the last 12 months. Half raised between $5.0M and $27M.

Source: https://millionrounds.com/benchmarks/series-a/united-kingdom (Millionrounds; every figure on the page links to its filing or article)

Funding benchmark · last 12 months

# The typical Series A round in the *United Kingdom*

From 84 Series A rounds announced in the United Kingdom over the last twelve months, each read from a named source. Half of them raised between $5.0M and $27M.

See the rounds[All benchmarks](https://millionrounds.com/benchmarks)

Series A United Kingdom

Median round

**$14M**

$1.9M 1 in 10 below $5.0M – $27M middle half $50M 1 in 10 above

84 rounds counted · recounted nightly

Rounds counted **84** Series A rounds in the United Kingdom, last 12 months

Against worldwide **-31%** vs the $20M worldwide median

Since last round **17 mo** median gap, from 47 companies we saw raise before

Lead named **57%** of these rounds name the investor who led

The trend

## Median Series A round, quarter by quarter

From $9.5M in 2024 Q4 to $38M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$9.5M '24 Q4 18 rds

$8.0M '25 Q1 20 rds

$6.0M '25 Q2 16 rds

$6.7M '25 Q3 12 rds

$13M '25 Q4 19 rds

$10M '26 Q1 19 rds

$15M '26 Q2 28 rds

$38M '26 Q3 15 rds

Who leads

## The most active leads

The firms that led the most Series A rounds in the United Kingdom this year.

- [1 **FirstMark** 2 led](https://millionrounds.com/fund/firstmark)
- [2 **IQ Capital** 2 led](https://millionrounds.com/fund/iq-capital)
- [3 **Plural** 2 led](https://millionrounds.com/fund/plural)
- [4 **Clean Growth Fund** 2 led](https://millionrounds.com/fund/clean-growth-fund)
- [5 **PXN Ventures** 2 led](https://millionrounds.com/fund/pxn-ventures)
- [6 **Sequoia Capital** 1 led](https://millionrounds.com/fund/sequoia-capital)

Recent examples

## Series A rounds in the United Kingdom, latest first

- [**Easol** 28 Oct 2026 Not named $30M +119%](https://millionrounds.com/company/easol)
- [**Circuit Mind** 28 Oct 2026 Norwest Venture Partners $19M +35%](https://millionrounds.com/company/circuit-mind)
- [**Concretene** 26 Oct 2026 PXN Equity Finance $6.0M -56%](https://millionrounds.com/company/concretene)
- [**adsilico** 26 Oct 2026 PXN Ventures $13M -2%](https://millionrounds.com/company/adsilico)
- [**Nous** 26 Oct 2026 Not named $17M +24%](https://millionrounds.com/company/nous)
- [**HydRegen** 20 Oct 2026 Genoa Ventures $8.0M -42%](https://millionrounds.com/company/hydregen)
- [**MintNeuro** 7 Oct 2026 Odyssey Ventures $5.0M -64%](https://millionrounds.com/company/mintneuro)
- [**pubX** 6 Oct 2026 Chicago Ventures $5.0M -64%](https://millionrounds.com/company/pubx)

**How to read these figures**

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology).

Other stages in the United Kingdom

[**Pre-seed** $2.0M](https://millionrounds.com/benchmarks/pre-seed/united-kingdom)[**Seed** $3.1M](https://millionrounds.com/benchmarks/seed/united-kingdom)[**Series B** $43M](https://millionrounds.com/benchmarks/series-b/united-kingdom)[**Growth** $25M](https://millionrounds.com/benchmarks/growth/united-kingdom)

Series A elsewhere

[**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Biotech** $32M](https://millionrounds.com/benchmarks/series-a/biotech)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Energy** $26M](https://millionrounds.com/benchmarks/series-a/energy)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**India** $10M](https://millionrounds.com/benchmarks/series-a/india)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Defence Tech** $25M](https://millionrounds.com/benchmarks/series-a/defensetech)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Climate Tech** $15M](https://millionrounds.com/benchmarks/series-a/climate)[**Australia** $15M](https://millionrounds.com/benchmarks/series-a/australia)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas)

## Raising a Series A round?

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## Q&A

How big is a typical Series A round in the United Kingdom?

The median is $14M, from 84 Series A rounds announced in the United Kingdom in the last twelve months. Half of them raised between $5.0M and $27M; one in ten raised more than $50M.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.
