The 10 biggest technology venture capital investments of Q2 2014

Online fashion boutique Farfetch has topped the list of big-ticket UK and Ireland technology investments after banking £39 million from backers including Vitruvian Partners and Conde Nast International.

The top ten venture capital investments in the technology space during the three months to 30 June 2014 were worth a cumulative £153 million, figures from corporate finance house Ascendant find.

In its analysis of transactions over £500,000, Ascendant reveals that £320 million was invested in 84 deals – a sharp increase over the £192 million from 69 deals during the first quarter of 2014.

The internet and mobile services sector has received the lions’ share of investment, with companies in the area raking in £520 million during the first six months of the year.

Listed below are the top ten from the period, featuring contributions from the online fashion, financial technology, consumer apps and e-commerce sectors.

(1) Farfetch – £39 million

Date: 2 May 2014

Farfetch catwalk

Farfetch now has both venture capital and corporate backers involved

For its Series D fundraising round, Farfetch brought together Vitruvian Partners, Advent Ventures and Conde Nast International to secure £39 million worth of growth capital. Founded by Jose Neves in 2008, the business now plans to build out its omni-channel proposition and speed up the development of local language sites in key new markets.

Discover more about the deal.

(2) Nutmeg – £19 million

Date: 25 June 2014

Nutmeg founder Nick Hungerford

Nutmeg and Nick Hungerford are going after casual investors in the UK

Nutmeg has now raised £30 million after completing its latest and largest investment deal. Build on the premise of providing a digital wealth manager for personal investments, the Nick Hungerford-led venture secured new capital to finance further customer acquisition and product development.

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(3) Ebury – £18 million 

Date: 23 June 2014

Fintech business Ebury closed this debt and equity funding round with the help of JUST EAT and iZettle-backer Greylock so that it could target international expansion with new products and services. The Ebury offering allows SMEs to make and receive payments in foreign currencies – utilising competitive exchange rates.

Discover more about the deal.

(4) MyOptique – £16 million

Date: 23 June 2014

MyOptique founder Kevin Cornils

MyOptique’s Kevin Cornils has grown the business through acquisitive means

Online optical retailer MyOptique brought in a number of new investments including Korys and Beringea when it closed its Series C venture investment. After reporting gross retail sales for the year ending April 2014 of £34 million, MyOptique now has the funds necessary to ramp up marketing in Europe and identify future acquisitions.

Discover more about the deal.

(5) TransferWise – £15 million

Date: 11 June 2014

TransferWise founders and Richard Branson

Richard Branson is bringing capital and experience to TransferWise

Not only did financial technology business TransferWise collect £15 million, but it also added serial entrepreneurs and investors Richard Branson and Peter Thiel to its list of backers. As a self-described ‘anti-back’ start-up, TransferWise is now undertaking an extensive advertising campaign for its service which has seen over £1 billion transferred via its money transfer platform.

Discover more about the deal.

(6) Brandwatch – £13 million

Date: 22 May 2014

As one of a number of social media-related technology start-ups spawned in the UK, Brighton-based Brandwatch secured £13 million from Highland Capital, Nauta Capital and other investors. Its service crawls 80 million websites, including Facebook and Twitter, so that it can provide consumer insights for businesses.

Discover more about the deal.

(7) Nujira – £12 million

Date: 2 April 2014

Nujira chip board

Nujira is backed by the likes of Amadeus Capital Partners and CPE

With its envelope tracking technology aimed at the 4G smartphone and wireless device market offering, Nujira has now raised in excess of £65 million during its 12-year existence. Having reached critical mass, the business is now embarking on a US-led expansion programme.

(8) ROLI – £8 million

Date: 22 May 2014

ROLI founder Roland Lamb

Roland Lamb says his Seaboard is the first in a long line of products

Studying at Harvard, living as a Zen monk and busking with a piano put ROLI founder Roland Lamb on a path which saw him ‘reimagine’ the digital keyboard. The ROLI Seaboard GRAND provides a soft, continuous surface allowing users to experiment with pitch bend, vibrator and per-not dynamic changes and attracted the attention of Balderton Capital, Index Ventures and Universal Music.

Discover more about the deal.

(9) Ticketscript – £7 million

Date: 28 May 2014

Brighton gay pride

Ticketscript handles the Brighton Pride event

As a combined Dutch and British offering, Ticketscript was set up by Frans Jonker and Ruben Van den Heuvel in 2006 as a self-service ticketing software venture. Its new funds, from London-based FF&P Private Equity, were raised to deal with an increase in demand from clients and international expansion.

(10) Citymapper – £6 million

Date: 17 April 2014

Citymapper route

Citymapper provides route mapping, integrating public transport options

Already a firm favourite amongst London users, Citymapper raised £6 million to move into New York, Berlin and Paris. The mobile-based transport app was backed by Balderton Capital, Connect Ventures, Index Ventures and Greylock Partners and is rated at the third most downloaded iPhone app in the navigation category for Britain.

Discover more about the deal.

See also:

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

Related Topics

Venture Capital