European tech funding raised by UK startups during Q2 2016.
In Q2 2016, 122 startups in UK raised a combined €804M across 128 funding rounds, down 37.1% versus Q2 2015. Software was the most active sector, and Scottish Investment Bank - Scottish Enterprise was the most active investor. Data as of 23 Aug 2026.
31 exits · €8.7B disclosed.
| Global Switch | Acquisition | May 2016 | €6.0B |
| Skyscanner | Acquisition | May 2016 | €1.7B |
| e2v Technologies | Acquisition | Jun 2016 | €694M |
| Hungryhouse | Acquisition | Jun 2016 | €240M |
| LoopUp | IPO | May 2016 | €49M |
| ITC Secure | Acquisition | Jun 2016 | €29M |
| May 2016 |
| €42M |
| Fairstone Group | Growth/Late | May 2016 | €35M |
| Tandem | Series B | May 2016 | €31M |
| Condeco | Series A | Jun 2016 | €27M |
| ROLI | Series B | May 2016 | €24M |
| Blis | Series B | Apr 2016 | €22M |
| Onfido | Series B | Apr 2016 | €22M |
| Medical Imaging Partnership | Growth/Late | May 2016 | €17M |
| Sofology | Growth/Late | May 2016 | €14M |
| Performance Horizon Group | Series C | Jun 2016 | €14M |
| Azimo | Growth/Late | May 2016 | €13M |
| Weaveworks | Series B | May 2016 | €13M |
