Top 100 Blockchain Companies in the UK | 2026
UK blockchain companies raised £830m across 148 deals in 2022 — the sector’s all-time peak, driven by the post-pandemic crypto wave. Annual investment has held above £490m every year since: £494m in 2023, £516m in 2024, £564m in 2025, with the first quarter of 2026 delivering £150m across 28 deals. Across all time, UK blockchain companies have raised £4.17b in equity funding tracked by Beauhurst, with 80% of that total arriving since the start of 2020.
We’ve ranked the top 100 blockchain companies by total equity raised (all data sourced from the Beauhurst platform).
An overview of the blockchain sector
Blockchain covers companies building distributed ledger infrastructure and applications — typically using cryptographic consensus mechanisms to enable trust without a central authority. UK blockchain companies span crypto custody and digital asset trading, anti-money-laundering and compliance tooling, decentralised finance (DeFi) protocols, real-world asset tokenisation, blockchain-based payments and interbank settlement, Web3 consumer applications, NFT marketplaces and digital identity, blockchain gaming, enterprise distributed ledger systems, and supply chain provenance tracking.
Beauhurst tracks 1,084 active blockchain companies in the UK, up from 169 in the final quarter of 2015 — a 541% increase over the decade and one of the highest growth rates we’ve measured in any sector. Together, these companies generated £1.99b in turnover according to latest financials and support an estimated 6,879 employees across the UK. Across all time, blockchain companies have raised £4.17b in equity funding tracked on the platform. The 2022 peak (£830m) coincided with the post-pandemic crypto wave; annual investment has since stabilised at a sustained level above £490m, with 2025 delivering £564m and the first quarter of 2026 alone bringing in £150m.
Key findings
- Improbable tops the ranking with £664m raised. The London-based venture builder originally built large-scale simulation infrastructure before pivoting to AI, Web3, and metaverse ventures in 2022, and accounts for 16% of all UK blockchain equity raised to date — a dispersed top similar to LawTech.
- Blockchain.com (£473m, North West) in crypto wallets and market data takes second, followed by Copper (£238m, London) in institutional digital asset custody, Fnality (£237m, London) in blockchain-based interbank payments, and Exohood Labs (£232m, London) in blockchain R&D. The top five account for 44% of all UK blockchain equity raised — a moderate concentration that reflects the sector’s dispersed structure relative to the more consolidated sectors we’ve covered.
- London dominates with 79 of the top 100 — the third-highest London share we’ve measured in any sector. The South East, South West, and East of England follow with four entries each, then the North West (three), West Midlands (three), East of Scotland (two), and Wales (one). The top 100 spans eight UK regions, with Wales represented by Coincover (£31.6m) and Scotland by BetDEX Labs and Citizen Ticket.
- Venture-stage businesses lead the top 100 with 44 entries, followed by seed (33), growth (16), and established (three), with two exited and two dead. The 77 early-stage companies in the top 100 give blockchain the highest combined seed and venture proportion we’ve measured in any 100-company sector — only Improbable, B2C2, and Quantum Blockchain Technologies have reached established status, reflecting how young this sector remains at the top despite a decade of growth.
Methodology
- Headquartered in the UK
- Operating in the ‘Blockchain’ Beauhurst industry classification
- Listed as ‘Active’ on Companies House
We’ve then ranked these companies by total equity raised.
If you’re a Beauhurst subscriber, you can view this list directly in the platform and apply additional filters to refine the results.
Analysis accurate as of 17 June 2026. The table below is updated weekly to reflect the most recent data from the Beauhurst platform.
Top 100 blockchain companies in the UK
10.
Total amount raised: £185m
Total equity rounds: 5
Established: 2014
Location: Oxford
9. Callsign
Total amount raised: £215m
Total equity rounds: 5
Established: 2010
Location: City of London
8. Lendable
Total amount raised: £216m
Total equity rounds: 7
Established: 2014
Location: Hackney
7. Huma
Total amount raised: £236m
Total equity rounds: 10
Established: 2011
Location: Westminster
6. Patsnap
Total amount raised: £251m
Total equity rounds: 4
Established: 2007
Location: Southwark
5. Quantexa
Total amount raised: £286m
Total equity rounds: 6
Established: 2016
Location: Lambeth
4. Gousto
Total amount raised: £321m
Total equity rounds: 14
Established: 2012
Location: Shepherds Bush
3. Cera
Total amount raised: £366m
Total equity rounds: 9
Established: 2015
Location: Islington
2. Thought Machine
Total amount raised: £392m
Total equity rounds: 8
Established: 2011
Location: Islington
1. Graphcore
Total amount raised: £528m
Total equity rounds: 9
Established: 2016
Location: City of Bristol
| # | Company | Region | Stage | Employees | Total Raised |
|---|---|---|---|---|---|
| 1 | Improbable | London | Established | 500-999 | £664,170,418 |
ImprobableImprobable provides advice and consultation services to new ventures in advanced technology industries such as AI, Web3, and the metaverse. https://www.improbable.io/
Industries
Application software
Assistants, secretaries and administrative support
Data provision and analysis
Legal services
Management and strategy consultancy
Marketing, branding and advertising
Private equity and venture capital
|
|||||
| 2 | Blockchain.com | North West | Growth | 250-499 | £473,285,519 |
Blockchain.comBlockchain.com develops an online cryptocurrency wallet and also provides a range of search tools, statistics and charts for cryptocurrency markets. https://www.blockchain.com/
Industries
Application software
Data provision and analysis
Investment banking and corporate finance
Payment processing
|
|||||
| 3 | Copper | London | Growth | 250-499 | £237,842,769 |
CopperCopper develops a software platform, which provides custody and portfolio management services for digital assets and investments. https://copper.co/
Industries
Application software
Security and surveillance
|
|||||
| 4 | Fnality | London | Growth | 50-99 | £237,124,999 |
FnalityFnality operates a payment system, enabling real-time peer-to-peer payments for banks and businesses. https://fnality.com/
Industries
Application software
Banking
Data management
Payment processing
Technology consultancy and IT and telecommunications support
|
|||||
| 5 | Exohood Labs | London | Venture | 5-9 | £231,700,000 |
Exohood LabsExohood Labs provides scientific and technological research and development services. https://exohood.com/
Industries
Application software
Data provision and analysis
Robots and automation
Security and surveillance
|
|||||
| 6 | Elliptic | London | Growth | 100-249 | £168,759,249 |
EllipticElliptic develops anti-money laundering compliance software which uses blockchain analytics to guard against financial, crypto-currency enabled crime. https://www.elliptic.co/
Industries
Application software
Banking
Data aggregation
Data provision and analysis
Risk and compliance
Security and surveillance
|
|||||
| 7 | Aztec | London | Venture | 50-99 | £96,506,674 |
AztecAztec develops a protocol for the Ethereum mainnet, which allows transactions to be carried out. https://aztec.network/
Industries
Application software
Banking
Security and surveillance
|
|||||
| 8 | NexGen Cloud | London | Growth | 50-99 | £60,015,627 |
NexGen CloudNexGen Cloud provides cloud computing services using high-power GPU infrastructure. https://www.nexgencloud.com/
Industries
Data centres
Electronics hardware
Server hardware
|
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| 9 | iov42 | London | Venture | 25-49 | £55,398,988 |
iov42iov42 develops a decentralised internet network, that operates using blockchain technology. https://iov42.com/
Industries
Application software
|
|||||
| 10 | Gensyn | London | Venture | 10-24 | £52,405,767 |
GensynGensyn develops blockchain protocol, with the aim of increasing computing power for applications using artificial intelligence. https://www.gensyn.ai/
Industries
Application software
Rewards, loyalty schemes and vouchers
|
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| 11 | BCB Group | London | Growth | 100-249 | £48,277,751 |
BCB GroupBCB Group develops financial infrastructure software designed to provide business accounts and trading services, including for FX and cryptocurrency. https://www.bcbgroup.com/
Industries
Application software
Investment banking and corporate finance
Payment processing
Trading platforms
|
|||||
| 12 | Aave | London | Venture | 10-24 | £43,856,104 |
AaveAave develops blockchain-based financial software for the decentralised finance (DeFi) industry. https://aave.com/
Industries
Application software
Trading platforms
Wealth, asset and investment management
|
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| 13 | Archax | London | Growth | 50-99 | £43,712,288 |
ArchaxArchax provides a marketplace for exchanging digital assets, allowing institutions to trade in crypto currencies. https://archax.com/
Industries
Application software
Currency exchange
Online marketplace
Trading platforms
Wealth, asset and investment management
|
|||||
| 14 | Coadjute | London | Growth | 25-49 | £35,274,994 |
CoadjuteCoadjute develops software that utilises blockchain technology that aims to increase transparency and speed for property transactions. https://www.coadjute.com/
Industries
Application software
Assistants, secretaries and administrative support
Human resources
Property and land assets investment
Property and land assets management
|
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| 15 | Euler | London | Venture | 10-24 | £33,213,184 |
EulerEuler operates a trading platform and app, which allows users to trade crypto-currencies. https://www.euler.finance/
Industries
Application software
Trading platforms
Wealth, asset and investment management
|
|||||
| 16 | Coincover | Wales | Growth | 50-99 | £31,621,522 |
CoincoverCoincover develops security software designed to ensure users do not lose access to their digital assets, as well as providing cryptocurrency insurance services. https://www.coincover.com/
Industries
Application software
Insurance
Investment banking and corporate finance
Security and surveillance
Wealth, asset and investment management
|
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| 17 | Circulor | London | Growth | 50-99 | £31,542,171 |
CirculorCirculor develops software designed to track carbon production in industrial supply chains. https://www.circulor.com/
Industries
Application software
Supply chain management
|
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| 18 | BKN301 | London | Venture | 50-99 | £31,518,617 |
BKN301BKN301 develops a platform for digital banking and payment services. https://bkn301.com/
Industries
Application software
Banking
Payment processing
|
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| 19 | Globacap | London | Growth | 25-49 | £28,470,350 |
GlobacapGlobacap develops web-based software designed to make it easier for SMEs to raise capital. https://globacap.com/
Industries
Application software
Investment banking and corporate finance
Wealth, asset and investment management
|
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| 20 | Januus.io | London | Seed | 5-9 | £27,949,436 |
Januus.ioJanuus.io develops a cryptowallet-to-identity database which provides ownership data for cryptocurrency assets, wallets and transactions. https://januus.io/
Industries
Application software
Data management
Data provision and analysis
Risk and compliance
Wealth, asset and investment management
|
|||||
| 21 | Juro | London | Growth | 100-249 | £27,197,461 |
JuroJuro develops software that is designed to improve the process of creating and signing legal contracts. https://juro.com/
Industries
Application software
Human resources
Lead generation and sales support
Legal services
Robots and automation
|
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| 22 | Baanx | London | Venture | 25-49 | £25,718,248 |
BaanxBaanx devleops an app that provides a range of cryptocurrency-related services. https://baanx.com/
Industries
Application software
Trading platforms
|
|||||
| 23 | OpenTrade | North West | Venture | 25-49 | £24,582,898 |
OpenTradeOpenTrade develops a platform which aims to provide a range of secure financial products such as liquidity pools and supply chain finance, backed by investment grade financial assets. https://www.opentrade.io/
Industries
Application software
Investment banking and corporate finance
Wealth, asset and investment management
|
|||||
| 24 | Blockhouse | South East | Seed | 25-49 | £21,924,894 |
BlockhouseBlockhouse develops blockchain systems for data protection, aiming to lower energy consumption compared to alternatives. https://tbtl.com/
Industries
Application software
Data management
Payment processing
Security and surveillance
Wealth, asset and investment management
|
|||||
| 25 | BOB | London | Venture | 10-24 | £21,683,142 |
BOBBOB develops platforms which help users to invest and exchange cryptocurrencies. https://www.gobob.xyz/
Industries
Application software
Currency exchange
Investment banking and corporate finance
Trading platforms
|
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| 26 | Crurated | London | Growth | 50-99 | £21,183,494 |
CruratedCrurated develops a platform for the purchase and collection of wine. https://crurated.com/
Industries
Alcoholic beverages
Application software
Online retailing
|
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| 27 | Adhara | London | Venture | 50-99 | £20,826,537 |
AdharaAdhara develops liquidity management and payment processing software, designed for companies in the financial sector. https://www.adhara.io/
Industries
Application software
Payment processing
|
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| 28 | OneBalance | London | Venture | 10-24 | £18,693,705 |
OneBalanceOneBalance develops blockchain software for use by other developers that aims to abstract the chain from cryptocurrency. https://www.onebalance.io/
Industries
Application software
Payment processing
Technology consultancy and IT and telecommunications support
Trading platforms
|
|||||
| 29 | Agora | London | Venture | 10-24 | £18,670,905 |
AgoraAgora provides an online platform that offers a range of services related to the life cycle of bonds. https://agoradcm.com/
Industries
Application software
Loans, debt and grants
Trading platforms
|
|||||
| 30 | Komainu | London | Venture | 50-99 | £18,094,176 |
KomainuKomainu develops a platform for the management and regulation of digital assets, including cryptocurrency. https://komainu.com/
Industries
Application software
Banking
Investment banking and corporate finance
Risk and compliance
Wealth, asset and investment management
|
|||||
| 31 | BetDEX Labs | East of Scotland | Seed | 10-24 | £15,567,767 |
BetDEX LabsBetDEX Labs Inc. operates a sports betting platform using the blockchain network, specialising in the use of the Solana network. https://www.betdex.com/
Industries
Application software
Betting and gambling
Sporting events and activities
|
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| 32 | Billon | London | Growth | 25-49 | £15,259,601 |
BillonBillon develops software that uses blockchain technology to enable the storage of money and data. https://billongroup.com/
Industries
Application software
Investment banking and corporate finance
Security and surveillance
|
|||||
| 33 | Irys | London | Venture | 5-9 | £14,309,385 |
IrysIrys develops a scalable data storage platform that utilises blockchain technology. https://irys.xyz/
Industries
Application software
Data management
|
|||||
| 34 | Keyless | South West | Venture | 50-99 | £13,066,501 |
KeylessKeyless develops a blockchain based protocol which aims to enable interoperability between different applications via the user's digital identity. https://www.keyless.io/
Industries
Application software
Security and surveillance
|
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| 35 | Haruko | London | Seed | 10-24 | £12,247,068 |
HarukoHaruko develops a platform which aims to connect institutional investors with crypto markets and blockchain opportunities. https://www.haruko.io/
Industries
Application software
Wealth, asset and investment management
|
|||||
| 36 | BitradeX | West Midlands | Seed | <5 | £12,000,000 |
BitradeXBitradeX develops an AI-based digital asset trading platform. https://www.bitradex.com/
Industries
Application software
Investment banking and corporate finance
Robots and automation
Trading platforms
Wealth, asset and investment management
|
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| 37 | Coinfirm | London | Exited | 50-99 | £11,997,638 |
CoinfirmCoinfirm develops a risk and compliance platform for blockchain-based transactions, that aims to combat money-laundering and the financing of terrorism as well as helping clients meet other regulatory requirements regarding crypto-currencies. https://www.coinfirm.com/
Industries
Application software
Risk and compliance
Wealth, asset and investment management
|
|||||
| 38 | Acre | London | Venture | 50-99 | £11,500,000 |
AcreAcre develops blockchain-based software for mortgage brokers, with a range of features aiming to help users manage customer relationships. https://www.acresoftware.com/
Industries
Application software
Customer support
Data management
Data provision and analysis
Lead generation and sales support
Loans, debt and grants
|
|||||
| 39 | Clearmatics | London | Venture | 10-24 | £11,358,622 |
ClearmaticsClearmatics is developing trading software for OTC securities. Their main product is a clearing technology that matches buyers and sellers of derivatives and allows them to settle their trades. https://www.clearmatics.com/
Industries
Application software
Trading platforms
|
|||||
| 40 | Greengage | London | Venture | 25-49 | £11,355,364 |
GreengageGreengage provides a range of blockchain-based merchant banking services to businesses. https://www.greengage.co/
Industries
Application software
Investment banking and corporate finance
|
|||||
| 41 | ArQit | London | Venture | 50-99 | £11,166,286 |
ArQitArQit develops a global quantum key distribution network, a communication method using encryption, designed to increase security on the internet. https://arqitgroup.com/
Industries
Application software
Distribution and wholesale
Security and surveillance
|
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| 42 | Akinova | West Midlands | Venture | 10-24 | £10,705,252 |
AkinovaAkinova develops a blockchain compatible online marketplace, aiming to allow the secure trading and transference of insurance risks. https://akinova.com/
Industries
Application software
Insurance
|
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| 43 | Provenance | South East | Growth | 25-49 | £10,253,985 |
ProvenanceProvenance develops blockchain technology for businesses to track items through their supply chains, so that customers can verify the origins and histories of the products they buy. https://www.provenance.org/
Industries
Application software
Supply chain management
|
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| 44 | ClearToken | London | Venture | 25-49 | £10,111,996 |
ClearTokenClearToken operates a digital asset clearing house, providing a CCP (Central Counterparty) for trading and transactions of NFTs, cryptocurrencies and other online assets. https://cleartoken.io/
Industries
Application software
Investment banking and corporate finance
Risk and compliance
Trading platforms
Wealth, asset and investment management
|
|||||
| 45 | Astrid Intelligence PLC | London | Venture | <5 | £10,000,000 |
Astrid Intelligence PLCAstrid Intelligence PLC develops a personalised beauty AI chatbot providing product and cosmetic routine recommendations, using blockchain technology to allow its AI agents to operate independently. https://www.astrid.global/
Industries
Application software
Beauty and cosmetics
Data provision and analysis
Lead generation and sales support
Marketing, branding and advertising
|
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| 46 | Measure Protocol | London | Venture | 10-24 | £9,907,271 |
Measure ProtocolMeasure Protocol develops software using public blockchain that allows users to have control over their data and sell information to those interested in purchasing person-centric data. https://measureprotocol.com/
Industries
Application software
Market research
Online marketplace
|
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| 47 | Bitpanda Custody | London | Seed | 10-24 | £9,788,989 |
Bitpanda CustodyBitpanda Custody develops software that aims to provide safeguarding services for digital assets such as cryptocurrencies. https://custody.bitpanda.com/
Industries
Application software
Payment processing
Security and surveillance
Wealth, asset and investment management
|
|||||
| 48 | Cygnetise | London | Venture | 10-24 | £9,465,040 |
CygnetiseCygnetise develops web-based applications that allow companies to manage their authorised signatories through the blockchain. https://www.cygnetise.com/
Industries
Application software
Data management
|
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| 49 | Bridgeweave | London | Venture | 10-24 | £8,743,630 |
BridgeweaveBridgeweave develops software designed to allow its users to make investment decisions based on the analytics and insights generated from its machine learning asset intelligence software. https://www.investorai.in/
Industries
Application software
Data provision and analysis
Investment banking and corporate finance
Wealth, asset and investment management
|
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| 50 | Nuggets | London | Venture | 10-24 | £8,430,057 |
NuggetsNuggets develops a blockchain platform that allows for the use of a single biometric to login to access payments and accounts. https://nuggets.life/
Industries
Application software
Payment processing
Security and surveillance
|
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| 51 | CarbonChain | London | Venture | 25-49 | £8,018,378 |
CarbonChainCarbonChain develops blockchain powered software designed to digitise the supply chain and increase transparency and security within physical commodities trading. https://www.carbonchain.com/
Industries
Application software
Security and surveillance
Supply chain management
|
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| 52 | LedgerSwarm | East of England | Venture | 5-9 | £7,890,019 |
LedgerSwarmLedgerSwarm develops blockchain technology for the financial services industry, allowing users to conduct real-time multi-asset and multi-currency transactions between themselves. https://ledgerswarm.io/
Industries
Application software
Currency exchange
Payment processing
Trading platforms
Wealth, asset and investment management
|
|||||
| 53 | ParFin | London | Venture | 50-99 | £7,808,188 |
ParFinParFin develops an investment banking system, aiming to enable safer financial transactions via a blockchain-based infrastructure. https://parfin.io/en/
Industries
Application software
Investment banking and corporate finance
Security and surveillance
|
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| 54 | Alvara Protocol | London | Seed | N/A | £7,703,626 |
Alvara ProtocolAlvara develops and manages onchain basket tokens and a protocol ecosystem for creating and trading tokenized portfolios. https://alvara.xyz/
Industries
Application software
Currency exchange
Technology consultancy and IT and telecommunications support
|
|||||
| 55 | canVERSE | South East | Seed | 10-24 | £7,635,922 |
canVERSEcanVERSE develops gaming software with a focus on the metaverse using non-fungible tokens (NFT) for accessing online games. https://canverse.io/
Industries
Application software
Video games
|
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| 56 | Boson Protocol | London | Seed | 10-24 | £7,551,844 |
Boson ProtocolBoson Protocol operates a marketplace designed to allow users to trade real products and services with blockchain. https://www.bosonprotocol.io/
Industries
Application software
Online marketplace
|
|||||
| 57 | Merge | London | Seed | 10-24 | £7,512,375 |
MergeMerge develops an online banking platform which aims to provide banking and payment solutions for web3 and crypto companies. https://www.merge.money/
Industries
Application software
Banking
Payment processing
|
|||||
| 58 | Gospel Technology | West Midlands | Dead | 10-24 | £7,348,747 |
Gospel TechnologyGospel Technology uses blockchain technology to develop a decentralised system designed to enable businesses to share sensitive data securely. https://www.gospel.tech/
Industries
Data management
|
|||||
| 59 | Calimero Network | London | Seed | 5-9 | £7,038,754 |
Calimero NetworkCalimero Network develops a stack of software technology designed to allow users to configure private blockchain shards. https://www.calimero.network/
Industries
Application software
Technology consultancy and IT and telecommunications support
|
|||||
| 60 | ABEX | London | Seed | 10-24 | £6,938,971 |
ABEXABEX develops a software platform which aims to use machine learning to optimise cryptocurrency trading. https://www.abex.capital/
Industries
Application software
Banking
Currency exchange
Data provision and analysis
Trading platforms
Wealth, asset and investment management
|
|||||
| 61 | Arweave | London | Seed | 25-49 | £6,449,838 |
ArweaveArweave develops a data storage platform that utilises blockchain technology, in an aim to provide permanent decentralised information storage. https://www.arweave.org/
Industries
Application software
Data management
Security and surveillance
|
|||||
| 62 | Fair.xyz | London | Seed | 10-24 | £6,445,078 |
Fair.xyzFair.xyz develops a platform that allows users to launch, buy and sell NFT collections. https://fair.xyz/
Industries
Application software
Online retailing
Painting, sculpture and other artworks
Payment processing
|
|||||
| 63 | IOTHIC | East of England | Venture | 10-24 | £5,922,275 |
IOTHICIOTHIC develops decentralised and automated cybersecurity software which eliminates the need for authentication devices or apps. https://www.iothic.io/
Industries
Application software
Security and surveillance
|
|||||
| 64 | Finboot | London | Venture | 25-49 | £5,790,276 |
FinbootFinboot develops software for process, workflow, and data management, specialising in software utilising blockchain and other distributed ledger technology. https://www.finboot.com/
Industries
Application software
Data management
Data provision and analysis
Risk and compliance
Security and surveillance
Supply chain management
|
|||||
| 65 | Playmint | London | Venture | 10-24 | £5,748,904 |
PlaymintPlaymint develops video games, using blockchain technologies. https://playmint.com/
Industries
Application software
Video games
|
|||||
| 66 | OpenOrigins | London | Venture | 10-24 | £5,734,614 |
OpenOriginsOpenOrigins develops blockchain technology that identifies deepfake profiles and AI-generated content. The company also operates an online marketplace allowing users to sell their data to AI companies to use for model training. https://www.openorigins.com/
Industries
Application software
Data provision and analysis
Films and TV
Security and surveillance
Social media
Video content (including pre- and post-production)
|
|||||
| 67 | Art Technologies | East of England | Seed | 10-24 | £5,577,545 |
Art TechnologiesArt Technologies develops Views, an inventory management app for art dealers, and Verse, an NFT marketplace for artworks. https://verse.works/
Industries
Application software
Online marketplace
Painting, sculpture and other artworks
|
|||||
| 68 | BrainPatch | East of England | Venture | 5-9 | £5,485,635 |
BrainPatchBrainPatch develops software, hardware and apps aimed at encouraging non-invasive brain stimulation for a range of purposes, such as improved sleep and Epilepsy control. https://brainpatch.ai/
Industries
Alternative medicine
Application software
Electronics hardware
|
|||||
| 69 | Magicave | London | Seed | 10-24 | £5,269,820 |
MagicaveMagicave operates a game studio, specialising in developing decentralized and player-owned games. https://magicave.io/
Industries
Application software
Video games
|
|||||
| 70 | Extended | London | Seed | 10-24 | £5,204,613 |
ExtendedExtended develops a cryptocurrency exchange platform. https://extended.exchange/
Industries
Application software
Trading platforms
Wealth, asset and investment management
|
|||||
| 71 | Cathedral Studios | South East | Seed | 10-24 | £5,189,454 |
Cathedral StudiosCathedral Studios develops video games as an independent games studio, using AI, web3 and motion capture technology. https://www.cathedral-studios.com/
Industries
Video games
|
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| 72 | Blink Labs | London | Seed | <5 | £5,182,416 |
Blink LabsBlink Labs provides blockchain analytics and crypto security services. https://blinklabs.xyz/
Industries
Application software
Security and surveillance
Trading platforms
|
|||||
| 73 | Montis Group | London | Seed | 10-24 | £5,172,607 |
Montis GroupMontis Group develops software for the management of digital assets. https://montis.digital/
Industries
Application software
Payment processing
Trading platforms
Wealth, asset and investment management
|
|||||
| 74 | Oxalis Games | London | Venture | 10-24 | £5,123,784 |
Oxalis GamesOxalis Games develops video games which incorporate elements of blockchain and cryptocurrency. https://www.oxalis.games/
Industries
Application software
Video games
|
|||||
| 75 | Orbital | London | Growth | 100-249 | £5,000,000 |
OrbitalOrbital operates a fintech platform that manages a range of corporate finance services for businesses, including crypto and multi-currency payments and accounts. https://www.getorbital.com/
Industries
Application software
Currency exchange
Data management
Investment banking and corporate finance
Payment processing
Technology consultancy and IT and telecommunications support
Wealth, asset and investment management
|
|||||
| 76 | Coinpass | London | Venture | 10-24 | £4,947,298 |
CoinpassCoinpass develops online software that allows users to purchase and sell bitcoins (and other cryptocurrency) with GBP. https://www.coinpass.com/
Industries
Application software
|
|||||
| 77 | Low Observable Technology | London | Seed | 5-9 | £4,927,354 |
Low Observable TechnologyLow Observable Technology operates a digital asset trading platform. https://lo.tech/
Industries
Application software
Data provision and analysis
Trading platforms
|
|||||
| 78 | B2C2 | London | Established | 100-249 | £4,799,176 |
B2C2B2C2 develops web-applications and APIs designed to simplify how financial institutions and other large entities engage in cryptocurrency trading. https://www.b2c2.com/
Industries
Application software
Trading platforms
Wealth, asset and investment management
|
|||||
| 79 | Flock.io | London | Seed | 10-24 | £4,752,298 |
Flock.ioFlock.io provides a machine learning platform for users to supply data in a decentralised way. https://www.flock.io/#/
Industries
Application software
|
|||||
| 80 | Damisa Technologies | London | Seed | 5-9 | £4,749,095 |
Damisa TechnologiesDamisa Technologies develops a platform for businesses to manage international payments using stablecoins and local currencies, aiming to streamline transactions and reduce currency exchange costs. https://damisa.xyz/
Industries
Application software
Currency exchange
Payment processing
|
|||||
| 81 | Pimlico | London | Seed | 5-9 | £4,724,403 |
PimlicoPimlico develops an infrastructure platform for the crypto industry, aiming to help businesses to develop user-friendly decentralised applications. https://www.pimlico.io/
Industries
Application software
Data provision and analysis
|
|||||
| 82 | Keyring Network | North West | Seed | 10-24 | £4,714,434 |
Keyring NetworkKeyring Network develops tools designed to help financial service providers meet blockchain compliance. https://keyring.network/
Industries
Application software
Investment banking and corporate finance
Risk and compliance
|
|||||
| 83 | Gattaca | London | Venture | 10-24 | £4,488,921 |
GattacaGattaca develops a range of blockchain infrastructure, focused on crypto trading. https://www.gattaca.com/
Industries
Application software
Technology consultancy and IT and telecommunications support
Trading platforms
|
|||||
| 84 | AiX | South West | Exited | 25-49 | £4,352,662 |
AiXAiX develops an artificial intelligence-based trading broker for both regular trading and cryptocurrencies, using chatbots to feed back analysis to users. https://www.aixtrade.com/
Industries
Application software
Trading platforms
|
|||||
| 85 | Encode Club | London | Seed | 10-24 | £4,004,093 |
Encode ClubEncode Club operates accelerators and bootcamp programmes for Web3 professionals and students. https://www.encode.club/
Industries
Application software
Courses and educational material
Event management, booking and ticketing
Tutoring, training, coaching and skills development
|
|||||
| 86 | Mailchain | London | Seed | 5-9 | £3,993,263 |
MailchainMailchain develops a platform enabling users to send and receive messages across Web3 addresses. https://mailchain.com/
Industries
Application software
Security and surveillance
Telecommunication infrastructure
|
|||||
| 87 | OpenCover | London | Seed | 5-9 | £3,687,300 |
OpenCoverOpenCover provides insurance cover for blockchain portfolios through a range of vetted underwriters, as well as price comparison tools. https://opencover.com/
Industries
Application software
Data aggregation
Insurance
|
|||||
| 88 | fan3 | South West | Seed | <5 | £3,656,090 |
fan3fan3 develops a blockchain event ticketing platform. https://www.fan3.io/
Industries
Application software
Data aggregation
Event management, booking and ticketing
Festivals, conferences, exhibitions and fairs
Music
|
|||||
| 89 | Applied Blockchain | London | Venture | 50-99 | £3,500,000 |
Applied BlockchainApplied Blockchain provides blockchain consultancy and development services to businesses. https://appliedblockchain.com/
Industries
Application software
Supply chain management
|
|||||
| 90 | Green Edge | London | Seed | 5-9 | £3,473,878 |
Green EdgeGreen Edge provides computing storage servers that are connected to The ThreeFold Grid, which is a network of IT infrastructure registered on ThreeFold blockchain. https://green-edge.net/de
Industries
Website hosting
|
|||||
| 91 | Beyond | London | Seed | <5 | £3,423,484 |
BeyondBeyond develops software which allows businesses to create Web3 based communities, without the need to write code. https://beyond.so/
Industries
Application software
Data provision and analysis
Website hosting
|
|||||
| 92 | Citizen Ticket | East of Scotland | Venture | 10-24 | £3,387,302 |
Citizen TicketCitizen Ticket develops an event ticketing app that uses BitTickets, 'smart contracts' that contain rules leveraged by blockchain technology. https://www.citizenticket.com/
Industries
Application software
Event management, booking and ticketing
|
|||||
| 93 | Film Chain Group | London | Venture | 10-24 | £3,357,081 |
Film Chain GroupFilm Chain Group connects film production crews with producers that need to hire staff. Crew are offered reduced rates of pay in exchange for equity in the film being produced. https://filmchaingroup.co/
Industries
Application software
Budgeting and financial management
Data provision and analysis
Films and TV
Human resources
Payment processing
Recruitment, headhunting and talent management
|
|||||
| 94 | Fenestra | London | Venture | 25-49 | £3,330,959 |
FenestraFenestra develops software that uses blockchain technology to process every transaction in an advertiser's series of payments, attempting to make purchasing media more decentralised and efficient. https://www.fenestra.io/
Industries
Application software
Payment processing
|
|||||
| 95 | Mattereum | London | Venture | 10-24 | £3,258,757 |
MattereumMattereum develops software for the legal industry, designed to provide a range of services such as asset and documentation governance. https://mattereum.com/
Industries
Application software
Legal services
Wealth, asset and investment management
|
|||||
| 96 | Fan Hub | South West | Venture | 10-24 | £3,185,686 |
Fan HubFan Hub develops a mobile app that aims to reward sports fans for following their teams. https://fan-hub.com/
Industries
Application software
Data provision and analysis
Marketing, branding and advertising
Rewards, loyalty schemes and vouchers
Sporting events and activities
Sports clubs
|
|||||
| 97 | Etched Tech | London | Seed | 5-9 | £3,145,925 |
Etched TechEtched Tech develops a blockchain incorporated platform which helps secure intellectual property across numerous industries. https://www.etched.xyz/
Industries
Application software
Legal services
|
|||||
| 98 | BoomFi | London | Seed | 10-24 | £3,014,260 |
BoomFiBoomFi operates a crypto payment system through blockchain and traditional mediums, utilising web3. https://www.boomfi.xyz/
Industries
Application software
Payment processing
|
|||||
| 99 | Hunit | London | Seed | 5-9 | £3,010,734 |
HunitHunit develops legal software that enables users to implement smart contracts using blockchain technology. https://www.hunit.com/
Industries
Application software
Legal services
|
|||||
| 100 | 11:FS | London | Venture | 250-499 | £3,000,000 |
11:FS11:FS offers research, advice and consultancy services to businesses in the financial technology and banking sectors, and produces multiple podcasts, specialising in FinTech, cryptocurrencies and blockchain technologies. https://www.11fs.com/
Industries
Investment banking and corporate finance
Management and strategy consultancy
Radio series, podcasts, audio books and other audio content
|
|||||
The future of blockchain in the UK
UK blockchain investment has settled into a sustained pattern of £490m–£830m annual funding since 2021, with 2025 delivering £564m and the first quarter of 2026 already at £150m. The sector’s headline narrative is rarely one of stability, but the funding data tells a different story than the broader crypto market noise: investment has held remarkably steady through bear cycles, exchange collapses, and tightening regulation, with active company count growing 541% over the decade to 1,084 today. Formations have moderated from a peak of 143 in 2022 to 36 in 2025, suggesting consolidation around stronger players rather than abandonment of the category.
Crypto custody, trading infrastructure, and compliance form the largest sub-cluster, with Blockchain.com (£473m), Copper (£238m), Elliptic (£169m), BCB Group (£48.3m), Archax (£43.7m), Komainu (£18.1m), Bitpanda Custody (£9.79m), and B2C2 (£4.80m) building the institutional-grade rails the sector has needed since the early crypto exchange era. Blockchain-based payments and decentralised finance form the second pillar, with Fnality (£237m) anchoring interbank settlement alongside Aave (£43.9m), Aztec (£96.5m), Euler (£33.2m), BKN301 (£31.5m), Globacap (£28.5m), Greengage (£11.4m), and Damisa Technologies (£4.75m) extending blockchain into mainstream finance and DeFi. A third cluster spans Web3 applications, enterprise blockchain, and tokenisation — Improbable (£664m), Coadjute (£35.3m), Circulor (£31.5m), iov42 (£55.4m), Gensyn (£52.4m), Provenance (£10.3m), CarbonChain (£8.02m), Applied Blockchain (£3.50m), Mattereum (£3.26m), and Encode Club (£4.00m) — applying distributed ledger technology to supply chains, AI compute, property transactions, and developer tooling.
With this in mind, it’s possible that — depending on regulatory developments around crypto custody and stablecoins, the trajectory of AI-blockchain convergence, and whether tokenisation gains traction with institutional capital — UK blockchain enters a period defined by selective consolidation among compliance, custody, and payments infrastructure rather than another speculative wave. The sector remains heavily early-stage, with 77 of the top 100 still at seed or venture stage and only three companies reaching established status; whether the next phase produces a wave of growth-stage maturations around the existing infrastructure leaders, or whether AI agent and Web3 convergence drives a new generation of venture builders following the Improbable model, will define how the sector’s £4.17b in cumulative funding translates into operating value.
FAQ
The top 100 blockchain companies in the UK, ranked by total equity raised, are led by Improbable, Blockchain.com, Copper, Fnality, and Exohood Labs. Each has raised more than £230m in equity funding to date.
Companies are ranked by the total amount of equity they have raised across all announced and unannounced fundraisings tracked by Beauhurst.
The top 100 UK blockchain companies have collectively raised £3.34b — 80% of the £4.17b raised by all UK blockchain companies tracked by Beauhurst.
Blockchain refers to companies building distributed ledger infrastructure and applications — typically using cryptographic consensus mechanisms to enable trust without a central authority. UK blockchain companies span crypto custody and digital asset trading, anti-money-laundering and compliance tooling, decentralised finance (DeFi) protocols, real-world asset tokenisation, blockchain-based payments and interbank settlement, Web3 consumer applications, NFT marketplaces and digital identity, blockchain gaming, enterprise distributed ledger systems, and supply chain provenance tracking.
London is home to the largest number of top 100 blockchain companies with 79, followed by the South East, South West, and East of England (four each), the North West and West Midlands (three each), the East of Scotland (two), and Wales (one). The top 100 spans eight UK regions, with London accounting for the third-highest regional share we’ve measured in any sector.
The number of active UK blockchain companies has grown 541% over the past decade, from 169 in the final quarter of 2015 to 1,084 today — one of the highest growth rates we’ve measured in any sector. Annual investment has stabilised at a sustained level above £490m every year since 2021, with the first quarter of 2026 already delivering £150m, suggesting the sector remains active despite the moderation in new company formations from 143 in 2022 to 36 in 2025.
UK blockchain companies operate across a wide range of sub-fields including crypto custody and trading infrastructure, anti-money-laundering and compliance, decentralised finance and DeFi protocols, tokenisation of real-world assets, blockchain-based payments and interbank settlement, Web3 consumer applications and gaming, NFT marketplaces and digital identity, enterprise distributed ledger systems, supply chain provenance, AI-blockchain convergence, and developer infrastructure.
Yes. The ranking includes companies at all stages of evolution. Within the top 100, venture-stage companies are the largest group with 44 entries, followed by seed (33), growth (16), established (three), exited (two), and dead (two). The combined 77 seed and venture-stage businesses represent the highest early-stage proportion we’ve measured in any 100-company sector.
The underlying table is updated weekly using the latest data from the Beauhurst platform. Analysis and commentary were last refreshed on 17 June 2026.
All data in this article is sourced from the Beauhurst platform, which tracks equity fundraisings, company financials, and growth signals for UK and German companies.
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