London recorded 37 disclosed funding rounds between $1M and $1B, totaling $1.55B (USD, simple FX applied where needed). The median round was $8.0M and the average was $41.84M. This wasn’t a month carried by one giant death; there were many solid raises across several sectors.
Scope & FX: Rounds announced Oct 1–31, 2025, with London listed as the round location. Amounts shown in USD; simple reference rates used where needed (EUR≈1.07, GBP≈1.22) for like-for-like comparisons.
About the data (Fundz)
Figures in this article come from Fundz funding records and company profiles. We used the dataset’s fields for company name, round date, location, money raised, currency, sector tags and any disclosed investor lists. Where locations were incomplete, we backfilled from company profiles. Non-USD amounts were converted to USD for consistency.
Investor roles reflect what was disclosed; when lead versus participant was not identified, parties were grouped. Late-reported rounds may appear in future updates.
What stood out?
London showed two patterns at once: earlier-stage rounds that tend to move fast, and larger, later-stage checks that support scaling. Expect both quick pilots and more formal enterprise evaluations in the weeks ahead.
- Totals: 37 deals | $1.55B total | $8.0M median | $41.84M average
- Read: Plenty of activity in the middle of the market, not just one-off outliers
Where the money went (by industry)
Funding concentrated in a handful of themes:
- Cyber Security & AI — $720.0M (1 deal)
- Fintech & Finance — $209.7M (3 deals)
- Biotechnology & Health Care — $175.1M (4 deals)
- Gaming — $100.0M (1 deal)
- Health Care — $56.5M (3 deals)
- Information Technology — $41.2M (3 deals)
- Software — $40.0M (2 deals)
- AI & Health Care — $38.0M (2 deals)
- IT & AI — $38.0M (3 deals)
- Finance & Fintech — $36.6M (1 deal)
What this suggests: security, data, AI, and fintech are likely to be active buyers in the near term. Health-related companies will also move, but usually involve more stakeholders and a longer sign-off process.
The biggest disclosed rounds
These are the London rounds that set the tone in October (USD values):
- Cassava Technologies — $720.0M on 2025-10-24 (Cyber Security, Artificial Intelligence)
- Moniepoint — $200.0M on 2025-10-21 (Fintech, Finance)
- Midnite — $100.0M on 2025-10-01 (Gaming)
- Co Mind — $93.9M on 2025-10-20 (Biotechnology, Health Care)
- Elevara Medicines — $70.0M on 2025-10-22 (Biotechnology, Health Care)
- She Med — $50.0M on 2025-10-23 (Health Care)
- Hyperlayer — $36.6M on 2025-10-20 (Finance, Fintech)
- Simple Life — $35.0M on 2025-10-01 (Artificial Intelligence, Health Care)
- Invyted — $25.0M on 2025-10-14 (Marketing, Hospitality)
- Lupa — $20.0M on 2025-10-02 (Software)
- Jack & Jill — $20.0M on 2025-10-16 (Information Technology, Artificial Intelligence)
- Instanda — $20.0M on 2025-10-15 (Software)
Why these matter: expect hiring and product updates as these teams put fresh capital to work. Typical signs include new enterprise plans on pricing pages, trust and security pages going live, and senior roles posted in data, security, platform engineering, and revenue operations.
What the stage mix means for sellers and partners
London’s October activity supports two clear approaches. Earlier raises reward speed: fast pilots, light integrations, and clear success metrics. Larger raises call for a fuller proof package: security documentation, compliance mapping, ROI models, and references.
- Fintech/Finance and Health/Bio: start with risk, security, and compliance; involve Finance and Security early
- Software/IT/AI: lead with time-to-value and integration ease; expand the committee after initial outcomes are clear
A fair ex-outlier view
One very large deal can distort the picture. If we remove Cassava’s $720.0M, London still shows $830.0M across 36 deals. The average then sits around $23.06M, while the median remains about $8.0M. The mid-market is genuinely active even without the single biggest raise.
How to use this information (next 2–12 weeks)
Start with the companies above, then work down the list by sector and round size. A simple plan keeps teams moving and reduces stalls.
- Weeks 0–2: confirm problem fit and show the product live, tailored to sector needs
- Weeks 3–6: scope a pilot with clear success criteria and data requirements; map decision makers
- Weeks 7–12: share ROI estimates, security details, and references; finalize scope, pricing, and timeline
Signals to watch, often within 2–6 weeks after a raise:
- New pricing tiers or enterprise plans
- Hiring for Executive and Head or Director roles in Data, Security, Platform or Infrastructure, and RevOps
- Partner announcements with cloud providers, channels, or systems integrators
Method (short)
- Dates: Oct 1–31, 2025
- Size range: $1M–$1B
- Location: London, listed as the round location (fallback to the company city only if the round city was missing)
- Currency: USD; simple FX used to convert non-USD amounts for comparison
- Industries: as labelled in the dataset; combined tags kept (for example, Cyber Security and Artificial Intelligence)
- Investors: as disclosed; where lead versus participant was not specified, parties were grouped
The Bottom Line
London’s October funding isn’t just a big number; it points to where real work will happen next. Yes, the largest check went to a security-and-AI company, but the bigger story is the strong middle: many rounds in the $8–$40M range across fintech, health, IT, and software. That mix sets up two buying speeds: quick pilots where the problem is clear, and more formal enterprise evaluations where security, compliance, and ROI matter.
Over the next 2–6 weeks, watch for the signals that usually come right after a raise:
- New pricing or enterprise plans on company websites
- Hiring for data, security, platform engineering, and RevOps roles
- Partner announcements that hint at upcoming deployments
In short, London remains active and practical. If you focus on the middle of the market (not just the single mega-round), match your proof to the buyer’s needs in each sector, and time outreach to those post-funding signals, you will be talking to teams right as budgets open.