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Independent UK news and guides on tokenised equity, for founders raising capital, investors and the firms that support them. Published by Tokenisation Group Limited, London. Information only, not financial advice.


Scarlet Series B lands $50m to certify AI medical devices
London's Scarlet has raised $50 million to speed up approval of AI medical devices, and its figures show how review time shapes a founder's release pace.
Shawn Jhanji
2 days ago3 min read


Are family offices still patient capital when exits stall?
A 2026 RBC and Campden Wealth survey found that 47 per cent of attempted fund exits stalled. This Open Question asks what that means for family offices as patient capital, and for UK founders raising from them.
Shawn Jhanji
3 days ago3 min read


Family offices wait 15 to 16 years for cash and startups can fix that
Family offices are moving earlier into venture but wait 15 to 16 years for cash. Startups are the stage where secondary liquidity can be designed in from the start.
Shawn Jhanji
7 days ago4 min read


British Business Bank commits £10m to Fuel Ventures
The British Business Bank has committed £10 million to Fuel Ventures through its Regional Angels Programme, to widen early stage investment and further funding for portfolio companies.
Shawn Jhanji
Oct 83 min read


British Business Bank backs Oxford spinout Living Optics in $20m round
The British Business Bank joined a $20 million round for Living Optics, an Oxford University spinout making hyperspectral cameras, led by BRV Capital Management and announced on 5 October 2026.
Shawn Jhanji
Oct 75 min read


Noah closes $38m seed round for UK stablecoin payments
Noah, a UK stablecoin payments start-up, closed a $38m seed round on 7 October 2026, made up of $22m raised last year and a $16m extension.
Shawn Jhanji
Oct 73 min read


UK venture capital returns match the US, British Business Bank finds
British Business Bank research published on 29 September 2026 finds UK venture capital funds returning as much as US funds overall, and more among recent funds. The catch is that much of the recent gain has not yet been paid out in cash.
Shawn Jhanji
Oct 13 min read


UK Seed Deal Volumes Fell 27 Per Cent as SEIS Funds Keep Selling Out
Seed stage deal volumes in the UK fell 27 per cent year on year, according to the British Business Bank's Small Business Equity Tracker 2026, even as overall equity investment was propped up by a relatively small number of large AI transactions. Against that backdrop, professionally managed Seed Ent
Shawn Jhanji
Sep 306 min read


First-Time Equity Deals Move Outside London for the First Time Since 2022, Beauhurst Finds
More UK companies raised equity for the first time outside London than inside it in the first half of 2026, according to Beauhurst research.
TS Team
Sep 256 min read


UK Venture Funding More Than Doubled in 2026 as Investors Concentrate Capital in Fewer, Bigger Bets, GlobalData Finds
Investment into UK start-ups more than doubled in the first seven months of 2026 compared with the same period a year earlier, according to new analysis from GlobalData. Total capital deployed rose 113 per cent year on year, even as the number of deals stayed largely flat. For founders who can comma
Shawn Jhanji
Sep 246 min read


London's Basecamp Research raises $140m Series C led by S32, with Nvidia and Menlo's Anthology Fund investing
The round is one of the largest into a UK life sciences company this year, and the capital setting its price came from the United States.
Shawn Jhanji
Sep 244 min read


ARK Invest tokenises its $1.3bn ARK Venture Fund on Ethereum through Securitize
ARK has put an existing closed-end fund onchain without changing the terms on which investors can get their money out. For anyone weighing a tokenised fund structure, the repurchase rules matter more than the blockchain.
Shawn Jhanji
Sep 244 min read


British Business Bank Launches £140M East of England Fund for Smaller Businesses
The East of England has plenty of ideas. What it has lacked, compared with its output, is its fair share of investment.
On 23 September 2026, the British Business Bank launched the East of England Investment Fund, a £140 million fund for small and medium-sized businesses across Essex, Suffolk, Hertfordshire, Norfolk and Cambridgeshire. The fund will provide loans of between £25,000 and £2 million, alongside equity investments of up to £5 million.
The launch matters beca
Shawn Jhanji
Sep 238 min read


Project Ventures, an Imperial College alumni-backed fund, hits £1.2m first close to back early-stage deeptech and AI founders
Project Ventures, a solo GP fund backed mostly by Imperial College London alumni, reached a £1.2m first close on 21 September 2026 towards a £5m target, writing £100,000 to £300,000 cheques into deeptech and AI founders.
Shawn Jhanji
Sep 233 min read


London's Metris Energy raises $5m seed round to expand its renewable asset software beyond solar
Metris Energy, whose founder spent three years assessing energy technology companies as a venture investor, has raised a seed round that includes her former employer. The round backs software that makes existing renewable energy assets easier to run, rather than new generation capacity.
Shawn Jhanji
Sep 224 min read


Sequoia's Scout Network Expands Into Europe as Founders Turned Investors Build a Parallel Capital Route
Sequoia Capital's scout programme, credited with helping the US firm source early stakes in companies including Stripe, has built out a network of scouts across Europe, according to reporting by Sifted published on 11 September. Scouts typically operate with a small allocated pot of between $100,000
Shawn Jhanji
Sep 175 min read


Haatch Portfolio Data Undercuts the SaaSpocalypse Narrative as Revenue Keeps Growing While Headcount Stands Still
While public software stocks have taken a beating and social feeds have spent six weeks declaring a SaaSpocalypse, one UK seed investor's own portfolio numbers tell a calmer story about what is actually happening inside early stage software companies.
Shawn Jhanji
Sep 85 min read


London AI Governance Startup AI Score Raises 5.4 Million Dollar Seed Round Led by Fuel Ventures to Police Agentic AI Risk
London based AI Score has raised 5.4 million dollars in seed funding to scale a platform that gives organisations visibility and control over how generative and agentic AI is actually used across their operations, a founder access story that sits squarely in the UK's crowded but under capitalised en
Shawn Jhanji
Sep 84 min read


Chancellor Healey Commits £150m British Business Bank Fund to Scale Up Northern England's High Growth Firms
For founders building outside London, the message from the Treasury this week was explicit: growth capital is being redirected toward the regions, not just topped up in the capital.
Shawn Jhanji
Sep 84 min read


South Yorkshire Pilots £500k 'Child Lens' Investing Fund and Targets a £20M Successor.
A 500,000 pound pilot fund in South Yorkshire is trying to answer a question that most impact investors gesture at but rarely test with real capital: what type of finance actually suits what type of organisation, and can that matching be done well enough to build something much bigger.
Shawn Jhanji
Sep 86 min read
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