Funding benchmark · last 12 months
The typical Series B round in the United Kingdom
From 44 Series B rounds announced in the United Kingdom over the last twelve months, each read from a named source. Half of them raised between $23M and $62M.
United Kingdom44 rounds counted · recounted nightly
The trend
Median Series B round, quarter by quarter
From $6.3M in 2024 Q4 to $27M in 2026 Q3. Quarters with fewer than five rounds are left blank.
Who leads
The most active leads
The firms that led the most Series B rounds in the United Kingdom this year.
Highland Europe
Gresham House Ventures
New Enterprise Associates
General Catalyst
Accel
Lightspeed Venture PartnersRecent examples
Series B rounds in the United Kingdom, latest first
Salience Labs15 Oct 2026Bullhound Capital$125M+194%
Scarlet12 Oct 2026Headline$50M+17%
Holiferm24 Sept 2026Not named$16M-63%
iGii16 Sept 2026Scottish National Investment Bank$16M-63%
CloudNC8 Sept 2026Nimble Ventures$20M-53%
Breedr26 Aug 2026Partech Ventures$27M-37%
Stability AI25 Aug 2026Not named$76M+79%
Qureight29 Jul 2026Molten Ventures$20M-53%
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.
Other stages in the United Kingdom
United StatesRaising a Series B round?
See who leads rounds like yours,
and check your raise before you pitch.
Q&A
How big is a typical Series B round in the United Kingdom?
The median is $43M, from 44 Series B rounds announced in the United Kingdom in the last twelve months. Half of them raised between $23M and $62M; one in ten raised more than $157M.
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.