London is a city that never sleeps, especially when it comes to its vibrant tech scene.
July in particular was a big month for startups, with several companies making headlines by securing over €10 million in funding.
This capital infusion signals the potential of these startup ideas and also reflects investors’ growing confidence in the city’s vibrant ecosystem.
Beyond the funding round buzz, many of these startups are actively expanding their teams. For job seekers, this means more opportunities to join a dynamic, fast-paced work environment.
be interested?
Here’s a list of London-based companies that have raised over €10 million in July this year, some of which are currently hiring.
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Flow Health
CEO: Dmitry Gurski
Funding raised in July 2024: €182 million
Employment Status: Yes | Apply Here
Flo is on a mission to build a better future for women’s health. The company aims to support every stage of a woman’s health, from menstruation to conception, pregnancy and menopause.
With over 120 doctors and health experts on board, Flo’s all-in-one platform offers a curated selection of cycle and ovulation trackers.
Huma
Founder: Dan Vahdat
Funding raised in July 2024: €73.3 million
Employment Status: No
Huma is a global healthcare AI company with a mission to accelerate the adoption of digital solutions in healthcare and research.
The Huma Cloud Platform is intended to support the company’s digital health initiatives and enable other businesses to efficiently launch and scale their projects.
The London-based company aims to use the cloud platform and its regulatory base to reduce the time it takes to develop and launch large-scale digital health projects from years to days.
Car Wow
CEO: John Bakemanis
Funding raised in July 2024: €47.77 million
Employment Status: Yes | Apply Here
Carwow aims to provide the ultimate online car buying and selling experience – helping users find new car deals, compare offers, and buy directly from trusted dealers.
The London-based company supports the automotive industry with data-driven tools and services, including lead generation, inventory sourcing, brand building, e-commerce training, marketing and advertising.
Since launch, over 10 million customers have used Carwow to buy and sell cars, and last year nearly £3 billion worth of cars were purchased through the platform and £1.8 billion worth of cars were put up for sale through its SMC services.
grow up
Founders: Kate Hoffman and Tom Webster
Funding in July 2024: €45 million
Employment Status: Yes | Apply Here
GrowUp Farms is a purpose-driven vertical farming business and is a certified B Corp. Starting out in a small unit in London, the company initially grew salad leaves for Borough Market and local restaurants.
Now, with over £100 million invested, GrowUp is opening a five-acre vertical farm in Kent to grow salad greens all year round, using technology and 100% renewable energy to create optimal growing conditions.
When at full capacity, Kent Farm will produce 1.4 million bags of salad every week.
Adionics
CEO: Moshere Bitton
Funding in July 2024: €36 million
Employment Status: Yes | Apply here
Addionics is a manufacturer of 3D current collectors that offer significant benefits to battery manufacturing and performance.
Batteries using Addionics offer improved heat dissipation across the electrodes, resulting in faster charge times, more power, improved stability and improved battery performance at lower costs.
Addionics 3D current collectors revolutionize the internal physical structure of the battery, significantly improving the performance of any battery, regardless of its chemistry.
Designed for commercial scale, Addionics works with leading OEMs and automotive manufacturers across North America and Europe.
The London-based company has raised €36 million in funding, co-led by GM Ventures and Deep Insight, with participation from Scania and new and returning strategic investors.
44.01
Founder: Talal Hasan
Funding raised in July 2024: €34.2 million
Employment Status: Yes | Apply Here
44.01 removes CO2 by converting it into rock. The company’s technology accelerates the natural process of CO2 mineralization, permanently removing the captured CO2 within 12 months.
The company captures CO2 directly from the atmosphere or captured from hard-to-abate industrial processes, contributing to the decarbonization of vital industries and ultimately returning atmospheric CO2 to sustainable levels in a process that is safe, scalable and lasts in perpetuity.
The London-based company raised €34.2 million in a Series A funding round led by Equinor Ventures, alongside UAE-based Shorooq Partners, Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A Ventures, Salica Oryx Fund, Siemens Financial Services, Sumitomo Corporation, and several other investors (in alphabetical order).
Dopey
Founder: Frans van Eersel
Funding raised in July 2024: €15.3 million
Employment Status: No
The Dopay platform allows businesses of all sizes to open personal accounts for employees, contractors and other beneficiaries in seconds.
Each account comes with a prepaid debit card and 24/7 access to funds via ATM withdrawals.
Dopay digitizes cash payments from employers to workers and other beneficiaries through its virtual banking platform.
The company aims to focus on growth in the MENA region, with offices in London, Cairo and Abu Dhabi. The company was part of the inaugural batch of the Techstars-backed Barclays Accelerator program in London.
Vionic
Founder: Vadim Fedotov
Funding raised in July 2024: €13.74 million
Employment Status: No
Bioniq offers AI-driven, personalized supplements based on blood test data.
Leveraging the largest proprietary biochemical database from customers across five continents, Bioniq has developed formulations for over 100,000 users, tailored to their nutritional deficiencies.
The company offers two ways to personalize health optimization: Bioniq PRO uses blood biomarker data to enable advanced personalization, and Bioniq GO recommends supplement blends based on AI algorithms and user data.
Fractile
Founder: Walter Goodwin
Funding raised in July 2024: €13.8 million
Employment Status: Yes | Apply Here
Fractile develops innovative computing technologies that enhance collective AI capabilities by enabling the largest, most powerful neural networks of today and tomorrow to run faster, more efficiently, and sustainably.
The London-based company has raised €13.8 million in a seed funding round led by Kindred Capital, NATO Innovation Fund and Oxford Science Enterprises, with participation from Cocoa, Inovia Capital and prominent angel investors.
plum
Founder: Victor Trokoudes
Funding raised in July 2024: €12.32 million
Employment Status: Yes | Apply Here
Plum is a smart money app that simplifies personal finance management by automating savings, spending, and investments.
The London-based firm recently introduced ETFs for EU clients and partnered with Eurobank to facilitate growth.
The app plans to have several thousand users in Greece by the end of 2027, with Eurobank helping to introduce Plum to its customer base.
Nat Cap
Founder: Baroness Kathy Willis
Funding raised in July 2024: $10 million
Employment Status: Yes | Apply Here
natcap (Natural Capital Research Limited) is a nature information company spun out of the University of Oxford. The company’s mission is to accelerate the transition to positive nature impact by integrating nature information into business decision-making.
The London-based company is developing products to help companies manage nature risks, set nature targets and meet new reporting requirements, similar to how its software platform has improved carbon accounting and climate risk.
The company achieves this by empowering businesses to understand and improve their relationship with nature – their dependencies, impacts, risks and opportunities.
natpcap has secured $10 million in an oversubscribed Series A funding round from André Hoffmann, Norinchukin Capital, Yeo Ventures, Pelican Ag and others as it looks to scale its pioneering natural technology products.
