London-based startups that raised over €10M in April 2023; 12 of them are hiring right now

London’s startup ecosystem continues to flourish, attracting investors from around the globe and fostering innovation across various industries. 

In the dynamic landscape of the city’s entrepreneurial scene, the month of April 2023 witnessed several London-based startups securing impressive funding rounds, the majority of them surpassing the €10M mark. 

This influx of capital not only highlights the immense potential of these companies but also underscores the continued investor confidence in London’s thriving startup scene.

In this article, we have listed the London-based startups that recently secured significant funding. Some of them are hiring too 

Take a look! 

Polymateria

Fundraised in April 2023: €22.8M

Founder/s: Lee Davy-Martin

Hiring: No

Founded at Imperial College London, Polymateria aims to combat plastic pollution by utilising scientific advancements to address the issue. 

The company’s biotransformation technology has proven full biodegradation of plastic items into water, CO2, and biomass without leaving any microplastic or toxic residue in the open environment. 

Last month, the London company raised £20M (approximately €22.8M) in a Series B round of funding led by Singapore-based ABC Impact and sustainable chemical company Indorama Ventures.

Quantexa

Fundraised in April 2023: €116M

CEO: Vishal Marria

Hiring: Yes | Apply here

Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organisations to make trusted operational decisions by making data meaningful. 

The London company solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.

Studee

Fundraised in April 2023: €18.9M

CEO: Chris Morling, Simon Andrews

Hiring: No

Studee is on a mission to make it simple for international students to find and apply for their dream university abroad. The company wants to transform the way students are matched to the right courses.

Hometree

Fundraised in April 2023: €41M

Founder/s: Simon Phelan

Hiring: Yes | Apply here

Hometree Group is a residential energy services company. Originally focused on providing home cover solutions to maintain the functionality and warmth of households, the company has expanded its offerings. 

Through three distinct divisions – Home Services, Energy Services, and Financial Services – Hometree Group now caters to the comprehensive needs of sustainable homeownership. 

By offering a wide range of products and services, they empower homeowners to effortlessly install, manage, and finance renewable energy solutions, thus facilitating a sustainable and worry-free lifestyle for all.

HolidaySwap

Fundraised in April 2023: €13.8M

Founder/s: James Asquith

Hiring: No

Holiday Swap is the world’s largest home exchange platform that allows users to book, host, or swap homes. The company aims to provide sustainable and affordable solutions to travellers around the world. 

The London-based company has over 1M users worldwide and operates in more than 185 countries.

VoxSmart

Fundraised in April 2023: €10.8M

CEO: Oliver Blower

Hiring: No

VoxSmart helps businesses see their communications data in a clear and compliant way to effectively mitigate business risks by delivering critical insights and business intelligence in near real-time. 

The London-based company designs, develops and deploys capture and surveillance solutions that collect all communications sources from phone calls, emails, and mobiles right through to WhatsApp into one single monitoring platform.

Pai Skincare

Fundraised in April 2023: €16M

Founder/s: Sarah Brown and Ed Saper

Hiring: Yes | Apply here

Pai Skincare develops innovative and results-driven organic skincare products. The London company’s mission is to empower women to manage and solve their sensitive skin issues.

Complement Therapeutics

Fundraised in April 2023: €72M

Founder/s: Dr Rafiq Hasan

Hiring: Yes | Apply here

Based out of London, Complement Therapeutics (CTx) is an early-stage biotechnology company focused on the research and development of novel therapeutics for complement-mediated diseases.

The company’s lead investigational product (CTx001) is being evaluated as a potential gene therapy for dry age-related macular degeneration/geographic atrophy, a leading cause of blindness. 

Scan.com

Fundraised in April 2023: €10.92M

Founder/s: Dr. Khalid Latief, Mark Nissim, Charlie Bullock, Oliver Knight, and Joe Daniels

Hiring: Yes | Apply here

Scan.com is an online referral service that links people to trustworthy scan centres around them.  

It provides an appointment booking engine for patients, a gateway for referring doctors, and an API for digital health partners across the UK and the US.

Last month, the London company raised €10.92M in a Series A round of funding co-led by Aviva Ventures, YZR Capital, Oxford Capital, Triple Point Ventures, and Simplyhealth Ventures, with participation from Forefront Venture Partners. 

Yonder

Fundraised in April 2023: €71.6M

Founder/s: Tim Chong, Harry Jell, Theso Jivajirajah

Hiring: Yes | Apply here

Yonder offers a rewards programme designed around people’s lifestyles, inspired by hundreds of user research sessions with Londoners from around the globe to learn how they spend their time and money. 

The company’s approach is to evaluate credit suitability, which is based on transaction data, using open banking to build a more nuanced, personalised picture of its customers’ spending habits than relying on traditional credit checks alone. 

Fintech Farm

Fundraised in April 2023: €19.9M

Founder/s: Dmytro Dubilet, Oleksandr Vityaz and Mykola Bezkrovny

Hiring: No

Fintech Farm creates neobanks providing customers with user-friendly mobile apps and credit products for mass audiences and even clients with thin credit histories. To date, the company has launched neobanks in Azerbaijan (Leobank), Vietnam (Liobank), and Nigeria (Fibo). 

CarbonChain

Fundraised in April 2023: €9M

Founder/s: Adam Hearne and Roheet Shah

Hiring: Yes | Apply here

BAsed out of London, CarbonChain empowers companies to make climate-conscious decisions to accelerate action toward a net-zero economy. 

The company’s methodology incorporates data from the point of resource extraction, all the way through to the point of consumption to create emissions insights across the entire supply chain. 

Through its verified and validated approach and expansive database covering 80 per cent of global emissions, CarbonChain enables carbon traceability, product carbon footprinting, and the identification of real-time reduction opportunities.

Last month, the company raised €9M in a Series A round of funding co-led by Union Square Ventures and Voyager Ventures. 

TopHat

Fundraised in April 2023: €63.33M

Founder/s: Jordan Rosenhaus and Krishan Pattni

Hiring: Yes | Apply here

TopHat is a London-based technology-driven modular housing manufacturer. The company uses advanced manufacturing and the latest technology to deliver ultra-low carbon homes while keeping costs as low as possible.

The company offers:

• a complete collaboration strategy that covers finance, planning, and turnkey delivery
• a turnkey construction service; and
• manufacture, supply, and install service

Last month, the company raised €63.33M in a new round of funding from new and existing investors.

HIVED

Fundraised in April 2023: €11.28M

Founder/s: Murvah Iqbal, Mathias Krieger

Hiring: Yes | Apply here

HIVED claims to be building the world’s first large-scale sustainable parcel delivery network. With an all-electric fleet and technology, the startup is assisting businesses in reducing their carbon footprint while providing “great” service.

Last month, London’s HIVED raised £10M (approximately €11.28M) in a Series A round of funding led by Berlin-based Planet A Ventures alongside Maersk Growth and existing investors Eka Ventures and Pale blue dot.

TympaHealth

Fundraised in April 2023: €21M

Founder/s: Dr. Krishan Ramdoo

Hiring: Yes | Apply here

TympaHealth is the world’s first all-in-one ear and hearing healthcare assessment platform. 

The company’s solution allows fully digitised comprehensive ear and hearing health assessments to be performed across both traditional clinical and community-based settings.

The platform allows a broader range of professionals to perform digital otoscopy, microsuction wax removal, and hearing assessments. 

A few weeks back, the company raised €21M in a Series A round of funding led by Octopus Ventures.

Zodia crypto

Fundraised in April 2023: €32.6M

CEO: Julian Sawyer

Hiring: Yes | Apply here

Zodia Custody is an institutional-grade crypto custody solution founded by Standard Chartered and in association with Northern Trust. 

The platform provides custody for crypto assets, designed to enable institutions to invest safely in the emerging assets that are transforming how financial markets operate.

Xlinks

Fundraised in April 2023: €34M

CEO: Simon Morrish

Hiring: No

The Xlinks‘ project will provide reliable sustainable energy to the UK at a subsidy-free price. The UK company raised €34M to undertake the development of plans to lay the world’s longest high-voltage direct current (HVDC) subsea cables between the UK and Morocco, passing Portugal, Spain, and France as part of the Morocco – UK Power Project. 

It is one of several first-of-a-kind long-distance renewable energy generation and cross-border export projects being planned globally, addressing the growing demand for firm power capacity.

The company will supply the UK with 3.6GW of renewable energy-sourced electricity amounting to nearly 8% of the nation’s current requirements and enough to power seven million British homes by the end of the decade.

M3ter

Fundraised in April 2023: €12.6M

Founder/s: Griffin Parry, John Griffin

Hiring: No

m3ter is a pricing operations platform that powers and automates every variation of usage-based pricing for software companies at all stages, so they can deliver great customer experiences and accelerate revenue growth. 

By plugging into existing systems, m3ter flexibly ingests and enriches data, applies pricing of any complexity, and generates error-free bills, unlocking new capabilities for the entire business.

Abatable

Fundraised in April 2023: €12.2M

CEO: Valerio Magliulo

Hiring: Yes | Apply here

Abatable provides a carbon procurement and market intelligence platform for the voluntary carbon market. 

The company combines market intelligence with advisory services and has access to over 2,000 project developers across project types and geographies, with over 150MtCO2e in carbon credits available to purchase in the next 18 months.