# Startup funding in the United Kingdom, October 2026: Fractile's $700M Series C leads 56 rounds > We read 56 equity rounds raised in the United Kingdom and announced in October 2026, raising $2.0B between them: 8% of the rounds we read worldwide that... Source: https://millionrounds.com/news/monthly/2026-10/united-kingdom (Millionrounds; every figure on the page links to its filing or article) Equity rounds **56** raised in the United Kingdom, 54 with an amount Raised **$2.0B** across those rounds Lead named **84%** of rounds say who led Share of the world **8%** of rounds; 3% of the money ## The biggest rounds - [1 **Fractile** Series C · led by Lightspeed Venture Partners, Redpoint **$700M**](https://millionrounds.com/company/fractile) - [2 **Open Cosmos** Series C · led by ETF Partners **$334M**](https://millionrounds.com/company/open-cosmos) - [3 **OMass Therapeutics** Series C · led by Novo Holdings, Forbion Capital Partners **$310M**](https://millionrounds.com/company/omass-therapeutics) - [4 **Salience Labs** Series B · led by Bullhound Capital **$125M**](https://millionrounds.com/company/salience-labs) - [5 **Blackwall** Series C · led by AVP **$100M**](https://millionrounds.com/company/blackwall) - [6 **Scarlet** Series B · led by Headline **$50M**](https://millionrounds.com/company/scarlet) - [7 M **Machenta** Seed · led by Union Square Ventures, Creandum **$40M**](https://millionrounds.com/company/machenta) - [8 S **Sava Technologies** Series B · led by Ascensia Diabetes Care **$36M**](https://millionrounds.com/company/sava-technologies) - [9 **Easol** Series A **$30M**](https://millionrounds.com/company/easol) - [10 **Circuit Mind** Series A · led by Norwest Venture Partners **$19M**](https://millionrounds.com/company/circuit-mind) ## Day by day Equity rounds raised in the United Kingdom and announced each day of October. The busiest day was 20 October, with 5. 1 October 31 October ## 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) *12* **$1.6M** this month **$1.8M** 12 months here [Seed](https://millionrounds.com/benchmarks/seed/united-kingdom) *22* **$3.6M** this month **$3.2M** 12 months here [Series A](https://millionrounds.com/benchmarks/series-a/united-kingdom) *13* **$12M** this month **$13M** 12 months here [Series B](https://millionrounds.com/benchmarks/series-b/united-kingdom) *3* **$50M** this month **$42M** 12 months here [Series C](https://millionrounds.com/benchmarks/series-c) *4* **$322M** this month **$100M** 12 months, worldwide [Growth](https://millionrounds.com/benchmarks/growth/united-kingdom) *2* **$6.0M** 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. - [**Fuel Ventures** Affinity Labs, Atlian, Doris Labs *3 led*](https://millionrounds.com/fund/fuel-ventures) - [**NPIF II – Mercia Equity Finance** CoComply, Medcotec *2 led*](https://millionrounds.com/fund/npif-ii-mercia-equity-finance) - [**Bridford Group** CHAOS App, Chaos AI *2 led*](https://millionrounds.com/fund/bridford-group) ## In what - [AI](https://millionrounds.com/news/monthly/2026-10/sector/ai) **31** - [Healthcare](https://millionrounds.com/news/monthly/2026-10/sector/healthcare) **8** - [Fintech](https://millionrounds.com/news/monthly/2026-10/sector/fintech) **7** - [Healthtech](https://millionrounds.com/news/monthly/2026-10/sector/healthtech) **6** - [SaaS](https://millionrounds.com/news/monthly/2026-10/sector/saas) **5** - [Construction](https://millionrounds.com/news/monthly/2026-10/sector/construction) **4** - [Manufacturing](https://millionrounds.com/news/monthly/2026-10/sector/manufacturing) **4** - [Insurtech](https://millionrounds.com/news/monthly/2026-10/sector/insurtech) **4** AI was the busiest sector in the United Kingdom. ## Against the world - Rounds, the United Kingdom **56** - Rounds, worldwide **733** - Raised, the United Kingdom **$2.0B** - Raised, worldwide **$59B** [The whole of October 2026](https://millionrounds.com/news/monthly/2026-10) ## Other countries in October [281 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-10/united-states)[74 rounds **India** *→*](https://millionrounds.com/news/monthly/2026-10/india)[31 rounds **China** *→*](https://millionrounds.com/news/monthly/2026-10/china)[25 rounds **Japan** *→*](https://millionrounds.com/news/monthly/2026-10/japan)[24 rounds **South Korea** *→*](https://millionrounds.com/news/monthly/2026-10/south-korea)[18 rounds **Canada** *→*](https://millionrounds.com/news/monthly/2026-10/canada)[17 rounds **France** *→*](https://millionrounds.com/news/monthly/2026-10/france) **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)