# Startup funding in the United Kingdom, August 2026: Olix's $312M Growth leads 24 rounds

> We read 24 equity rounds raised in the United Kingdom and announced in August 2026, raising $1.5B between them: 11% of the rounds we read worldwide that...

Source: https://millionrounds.com/news/monthly/2026-08/united-kingdom (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **24** raised in the United Kingdom, 21 with an amount

Raised **$1.5B** across those rounds

Lead named **58%** of rounds say who led

Share of the world **11%** of rounds; 6% of the money

## The biggest rounds

- [1 **Olix** Growth · led by Fundomo **$312M**](https://millionrounds.com/company/olix)
- [2 **Cambridge Aerospace** Series C · led by DFJ **$300M**](https://millionrounds.com/company/cambridge-aerospace)
- [3 **Scan.com** Growth · led by Noteus Partners **$220M**](https://millionrounds.com/company/scan-com)
- [4 K **Kraken Technology** Series B · led by DTCP **$175M**](https://millionrounds.com/company/kraken-technology)
- [5 **GeoPura** Series A **$113M**](https://millionrounds.com/company/geopura)
- [6 **Callosum** Seed · led by Atomico **$100M**](https://millionrounds.com/company/callosum)
- [7 **Stability AI** Series B **$76M**](https://millionrounds.com/company/stability-ai)
- [8 **Redx Pharma** Series A **$59M**](https://millionrounds.com/company/redx-pharma)
- [9 **Adaptyv** Series A · led by Highland Europe **$40M**](https://millionrounds.com/company/adaptyv)
- [10 **Velocity** Series A · led by FirstMark, Dragonfly Capital Partners **$38M**](https://millionrounds.com/company/velocity)

## Day by day

Equity rounds raised in the United Kingdom and announced each day of August. The busiest day was 4 August, with 3.

1 August 31 August

## 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.

[Seed](https://millionrounds.com/benchmarks/seed/united-kingdom) *7* **$4.5M** this month **$3.2M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/united-kingdom) *7* **$38M** this month **$13M** 12 months here

[Series B](https://millionrounds.com/benchmarks/series-b/united-kingdom) *3* **$76M** this month **$42M** 12 months here

[Series C](https://millionrounds.com/benchmarks/series-c) *1* **$300M** this month **$100M** 12 months, worldwide

[Growth](https://millionrounds.com/benchmarks/growth/united-kingdom) *6* **$121M** this month **$24M** 12 months here

## In what

- [AI](https://millionrounds.com/news/monthly/2026-08/sector/ai) **6**
- [Defence Tech](https://millionrounds.com/news/monthly/2026-08/sector/defensetech) **4**
- [Logistics](https://millionrounds.com/news/monthly/2026-08/sector/logistics) **4**
- [Robotics](https://millionrounds.com/news/monthly/2026-08/sector/robotics) **3**
- [Cleantech](https://millionrounds.com/news/monthly/2026-08/sector/cleantech) **2**
- [Climate Tech](https://millionrounds.com/news/monthly/2026-08/sector/climate) **2**
- [Biotech](https://millionrounds.com/news/monthly/2026-08/sector/biotech) **2**
- Aerospace & Space **2**

AI was the busiest sector in the United Kingdom.

## Against the world

- Rounds, the United Kingdom **24**
- Rounds, worldwide **220**
- Raised, the United Kingdom **$1.5B**
- Raised, worldwide **$25B**

[The whole of August 2026](https://millionrounds.com/news/monthly/2026-08)

## Other countries in August

[93 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-08/united-states)[12 rounds **Australia** *→*](https://millionrounds.com/news/monthly/2026-08/australia)[9 rounds **Canada** *→*](https://millionrounds.com/news/monthly/2026-08/canada)[8 rounds **India** *→*](https://millionrounds.com/news/monthly/2026-08/india)[8 rounds **Brazil** *→*](https://millionrounds.com/news/monthly/2026-08/brazil)[5 rounds **China** *→*](https://millionrounds.com/news/monthly/2026-08/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)
