London drug discovery company Isomorphic Labs is in early discussions to raise new capital at a valuation of at least $40bn and as much as $50bn (£37bn), according to Bloomberg. The Google DeepMind spinout was valued at roughly $17.5bn when it closed a $2.1bn Series B in May.
Metaview, the London and San Francisco recruiting software company, has raised a $60m Series C led by Insight Partners, a year after its previous round. The deal takes total funding to $110m; the valuation was not disclosed.
Juicebox, a US AI recruiting platform, has opened an office in Soho and plans to employ more than 50 people in London within a year. The move follows an $80m Series B at an $850m valuation in March and puts the company in direct competition with London-based Jack & Jill.
News UK, publisher of The Times and The Sun, has taken a stake in ClearDraft, an AI content-clearance platform founded in late 2025 by media lawyers Alex Wade and David Burgess. The size of the investment and the valuation were not disclosed.
London-based HelmGuard has closed a £5.4m seed round co-led by Infinity Ventures and Frontline, with FinTech Collective, Stage 2 Capital and Entrepreneurs First joining the cap table. Terms were not disclosed.
London AI recruitment company Jack & Jill has raised £30m in a round led by Air Street Capital, roughly eleven months after announcing a $20m seed led by Creandum. The round's stage, post-money valuation and dilution were not disclosed.
London-based Callosum has closed a $100m (£73.5m) seed round led by Atomico, with Plural, DCVC and the UK Sovereign AI Fund participating. It is the first investment made by the government's £500m sovereign fund and one of the largest seed rounds ever raised by a British company.
London edtech Medly AI has closed an $8m (£5.9m) seed round led by Felix Capital, with existing backers Eka Ventures and Ada Ventures following on 18 months after the platform launched.
Mindgard, the Lancaster University spinout building offensive security tooling for artificial intelligence, has closed a $30m (£22.2m) Series A led by Album VC, with Karma Ventures joining alongside existing backers .406 Ventures, Atlantic Bridge, IQ Capital and Lakestar.
London-based Edgify has closed a $9m (£6.7m) Series A+ round led by Rank Ventures and Mangrove Capital Partners, taking total funding to $25m (£18.5m) as it targets a $15.8bn retail computer-vision market.
Fresh analysis published on 10 August assessing Google DeepMind's leadership overhaul has sharpened concerns about the UK's position in the AI race, after Demis Hassabis stepped back from running the London-founded lab to become Chair of DeepMind and Chief Scientist at Alphabet.
The UK attracted $12bn of AI venture capital in the first half of 2026, 53% of the European total, as AI startups across the region captured a record 55% of all VC and mega-rounds swallowed the bulk of the money.
London AI-infrastructure company Volta has come out of stealth disclosing a $2.4bn (£1.8bn) valuation from its seed and Series A rounds, a $10bn (£7.4bn) strategic partnership to build a European AI factory, and a $5bn (£3.7bn) financing programme with Azora.
