# Startup funding in the United Kingdom, July 2026: CuspAI's $450M Series B leads 27 rounds > We read 27 equity rounds raised in the United Kingdom and announced in July 2026, raising $1.2B between them: 13% of the rounds we read worldwide that month... Source: https://millionrounds.com/news/monthly/2026-07/united-kingdom (Millionrounds; every figure on the page links to its filing or article) Equity rounds **27** raised in the United Kingdom, 27 with an amount Raised **$1.2B** across those rounds Lead named **63%** of rounds say who led Share of the world **13%** of rounds; 3% of the money ## The biggest rounds - [1 **CuspAI** Series B · led by New Enterprise Associates, Kleiner Perkins **$450M**](https://millionrounds.com/company/cuspai) - [2 **Dwelly** Series B · led by General Catalyst, EQT **$170M**](https://millionrounds.com/company/dwelly) - [3 H **Humanoid** Series A · led by Prime Movers Lab **$152M**](https://millionrounds.com/company/humanoid) - [4 **Relay Technologies** Series B **$53M**](https://millionrounds.com/company/relay-technologies) - [5 **Valarian** Series A · led by New Enterprise Associates **$50M**](https://millionrounds.com/company/valarian) - [6 **Inforcer** Series C · led by Insight Partners **$50M**](https://millionrounds.com/company/inforcer) - [7 **MDOTM Ltd.** Growth · led by Expedition Growth Capital **$27M**](https://millionrounds.com/company/mdotm-ltd) - [8 **Greyparrot** Series B · led by Omar Mir **$27M**](https://millionrounds.com/company/greyparrot) - [9 F **Fleek** Series B · led by Burda Principal Investments **$25M**](https://millionrounds.com/company/fleek) - [10 **Qureight** Series B · led by Molten Ventures **$20M**](https://millionrounds.com/company/qureight) ## Day by day Equity rounds raised in the United Kingdom and announced each day of July. The busiest day was 8 July, with 4. 1 July 31 July ## By stage, against the year Each stage's median this month beside its twelve-month median: the United Kingdom's own where we hold enough rounds for a benchmark, otherwise the worldwide one. [Pre-seed](https://millionrounds.com/benchmarks/pre-seed/united-kingdom) *1* **$20M** this month **$1.8M** 12 months here [Seed](https://millionrounds.com/benchmarks/seed/united-kingdom) *10* **$1.1M** this month **$3.2M** 12 months here [Series A](https://millionrounds.com/benchmarks/series-a/united-kingdom) *4* **$35M** this month **$13M** 12 months here [Series B](https://millionrounds.com/benchmarks/series-b/united-kingdom) *7* **$27M** this month **$42M** 12 months here [Series C](https://millionrounds.com/benchmarks/series-c) *1* **$50M** this month **$100M** 12 months, worldwide [Growth](https://millionrounds.com/benchmarks/growth/united-kingdom) *4* **$17M** this month **$24M** 12 months here ## The most active leads Firms that led two or more of the month's rounds in the United Kingdom. - [**New Enterprise Associates** CuspAI, Valarian *2 led*](https://millionrounds.com/fund/new-enterprise-associates) ## In what - [AI](https://millionrounds.com/news/monthly/2026-07/sector/ai) **17** - [Energy](https://millionrounds.com/news/monthly/2026-07/sector/energy) **4** - [Software](https://millionrounds.com/news/monthly/2026-07/sector/software) **3** - [Climate Tech](https://millionrounds.com/news/monthly/2026-07/sector/climate) **3** - [Biotech](https://millionrounds.com/news/monthly/2026-07/sector/biotech) **2** - Professional Services **2** - Cleantech **2** - [Cybersecurity](https://millionrounds.com/news/monthly/2026-07/sector/cybersecurity) **2** AI was the busiest sector in the United Kingdom. ## Against the world - Rounds, the United Kingdom **27** - Rounds, worldwide **216** - Raised, the United Kingdom **$1.2B** - Raised, worldwide **$41B** [The whole of July 2026](https://millionrounds.com/news/monthly/2026-07) ## Other countries in July [92 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-07/united-states)[10 rounds **Australia** *→*](https://millionrounds.com/news/monthly/2026-07/australia)[10 rounds **Germany** *→*](https://millionrounds.com/news/monthly/2026-07/germany)[9 rounds **India** *→*](https://millionrounds.com/news/monthly/2026-07/india)[5 rounds **China** *→*](https://millionrounds.com/news/monthly/2026-07/china) **How this roundup is made** It is written from the rounds we read that month in named articles and filings, counted by the country the company raised in. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each month the eight countries with the most equity rounds get their own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)