# Median Series B round in the United Kingdom (2026) > The median Series B round in the United Kingdom is $43M, from 44 rounds announced in the last 12 months. Half raised between $23M and $62M. Source: https://millionrounds.com/benchmarks/series-b/united-kingdom (Millionrounds; every figure on the page links to its filing or article) 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. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series B United Kingdom Median round **$43M** $4.9M 1 in 10 below $23M – $62M middle half $157M 1 in 10 above 44 rounds counted · recounted nightly Rounds counted **44** Series B rounds in the United Kingdom, last 12 months Against worldwide **-15%** vs the $50M worldwide median Since last round **16 mo** median gap, from 26 companies we saw raise before Lead named **68%** of these rounds name the investor who led 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. $6.3M '24 Q4 5 rds $30M '25 Q1 6 rds $27M '25 Q2 8 rds $51M '25 Q3 12 rds $17M '25 Q4 8 rds $53M '26 Q1 10 rds $48M '26 Q2 10 rds $27M '26 Q3 14 rds Who leads ## The most active leads The firms that led the most Series B rounds in the United Kingdom this year. - [1 **Highland Europe** 2 led](https://millionrounds.com/fund/highland-europe) - [2 **Gresham House Ventures** 2 led](https://millionrounds.com/fund/gresham-house-ventures) - [3 **New Enterprise Associates** 1 led](https://millionrounds.com/fund/new-enterprise-associates) - [4 **General Catalyst** 1 led](https://millionrounds.com/fund/general-catalyst) - [5 **Accel** 1 led](https://millionrounds.com/fund/accel) - [6 **Lightspeed Venture Partners** 1 led](https://millionrounds.com/fund/lightspeed-venture-partners) Recent examples ## Series B rounds in the United Kingdom, latest first - [**Salience Labs** 15 Oct 2026 Bullhound Capital $125M +194%](https://millionrounds.com/company/salience-labs) - [**Scarlet** 12 Oct 2026 Headline $50M +17%](https://millionrounds.com/company/scarlet) - [**Holiferm** 24 Sept 2026 Not named $16M -63%](https://millionrounds.com/company/holiferm) - [**iGii** 16 Sept 2026 Scottish National Investment Bank $16M -63%](https://millionrounds.com/company/igii) - [**CloudNC** 8 Sept 2026 Nimble Ventures $20M -53%](https://millionrounds.com/company/cloudnc) - [**Breedr** 26 Aug 2026 Partech Ventures $27M -37%](https://millionrounds.com/company/breedr) - [**Stability AI** 25 Aug 2026 Not named $76M +79%](https://millionrounds.com/company/stability-ai) - [**Qureight** 29 Jul 2026 Molten Ventures $20M -53%](https://millionrounds.com/company/qureight) **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 A** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Growth** $25M](https://millionrounds.com/benchmarks/growth/united-kingdom) Series B elsewhere [**AI** $55M](https://millionrounds.com/benchmarks/series-b/ai)[**United States** $60M](https://millionrounds.com/benchmarks/series-b/united-states)[**Fintech** $40M](https://millionrounds.com/benchmarks/series-b/fintech)[**Healthcare** $46M](https://millionrounds.com/benchmarks/series-b/healthcare)[**Biotech** $63M](https://millionrounds.com/benchmarks/series-b/biotech)[**Construction** $40M](https://millionrounds.com/benchmarks/series-b/construction)[**Cybersecurity** $58M](https://millionrounds.com/benchmarks/series-b/cybersecurity)[**Robotics** $63M](https://millionrounds.com/benchmarks/series-b/robotics)[**Enterprise Software** $49M](https://millionrounds.com/benchmarks/series-b/enterprise-software) ## Raising a Series B round? See who leads rounds like yours, and check your raise before you pitch. [Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database) ## 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.