# UrbanChain funding: rounds and investors > UrbanChain has raised $71M across 4 rounds since 2021. Investors include Innovate UK and Eurazeo. Every round with its source. Source: https://millionrounds.com/company/urbanchain (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series B startup](https://millionrounds.com/companies) # Who invested in *UrbanChain* 4 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Funding summary Updated 26 Oct 2026 **$71M** raised across 4 rounds since 2021, from 4 sources **$276K** Round **$3.9M** Series A **$3.2M** Series A **$63M** Series B - **Latest round:** Series B, $63M Dec 2024 - **Step-up i:** 20× - **Investors:** 2 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2022 2023 2024 **$276K** Round **$3.9M** Series A **$3.2M** Series A **$63M** Series B - **First round:** Round, $276K - **Biggest round:** $63M - **Usual gap between rounds:** 13 months ## The rounds - **Dec 2024** Series B **$63M** *2 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Eurazeo](https://millionrounds.com/fund/eurazeo) Source recorded - **Jun 2024** Series A **$3.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **May 2023** Series A **$3.9M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Jul 2021** Round **$276K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators UrbanChain filed 5 raises, $11M in all. Filings say how much was sold and to how many investors; they never name the investors. - Nov 2024 **$3.9M** UK share allotment - Jun 2024 **$3.2M** UK share allotment - Jun 2023 **$3.5M** UK share allotment - May 2023 **$434K** UK share allotment - Jul 2021 **$276K** UK share allotment ## Founders and team From UrbanChain's own website: 2 founders, 15 on the team. **Dr Somayeh Taheri** Founder & CEO **Dr Mo Hajhashem** Founder & CCO - **Charlie Parry** Chief Growth Officer - **Julian Denee** Chief Risk Officer and Chief Operating Officer - **Lee Stretton** Chief Technical Officer - **Andrea McCutcheon** Head of Technical Operations - **Dr James Dorsey** Head of Structuring and Pricing - **Duncan McGregor** Head of Legal - **Gary Hart** Head of Billing & Contract Management - **James Boswell** Head of Portfolio - **Ollie Bridges** Head of Data - **Basim Basheer Thayyil** Senior Lead Originator - **Garry Pickering** Director of Portfolio Optimisation - **Nick Evans** Indirect Sales Manager - **Stephen Cornish** Managing Director - **Tyler Gingell** Senior Lead Originator - **Val Horrocks** Indirect Sales Manager ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2021 **Series A** 2023 **Series A** 2024 **Series B** 2024 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Eurazeo](https://millionrounds.com/fund/eurazeo) ## Everyone who backed them [Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round [Eurazeo](https://millionrounds.com/fund/eurazeo) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=urbanchain). ## Quick answers about UrbanChain ### Who invested in UrbanChain? UrbanChain's investors include Innovate UK and Eurazeo. ### How much has UrbanChain raised? UrbanChain has raised $71M across 4 rounds since 2021. ### When did UrbanChain last raise? UrbanChain's most recent round was a Series B of $63M in Dec 2024. ### What was UrbanChain's biggest round? Its most recent round, $63M in Dec 2024, is also its largest on record. ### Who backed UrbanChain first? UrbanChain's first round on record, in Dec 2024, was backed by Innovate UK and Eurazeo. ### What stage is UrbanChain at? UrbanChain's latest named round is a Series B, in Dec 2024. ### Where is UrbanChain based? UrbanChain is based in the United Kingdom. ## Companies like UrbanChain In the same sector, and raised in the last eighteen months. 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