Updraft Funding: $573M Raised, Series B (2023)

Updraft is based in London, United Kingdom. It has raised $573M in total funding. Latest round: Series B. Backed by NatWest, Quilam Capital, LC Nueva.

Updraft funding overview

Updraft is based in London, United Kingdom. Updraft has raised $573M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is a Series B announced in January 2023. The round record for Updraft runs through 2023; nothing later has been disclosed. Investors on record include NatWest, Quilam Capital, LC Nueva, Auluk Investment, Jefferies Financial Group, Santander Corporate and Investment Banking and 2 others. 8 distinct backers are named across the disclosed rounds.

Updraft at a glance

Total raised
$573M
Latest round
Series B
Latest round date
January 2023
Headquarters
London, United Kingdom
Notable investors
NatWest, Quilam Capital, LC Nueva, Auluk Investment, Jefferies Financial Group, Santander Corporate and Investment Banking, MoreThan Capital, UK Government's Future Fund

Frequently asked about Updraft funding

How much has Updraft raised?
Updraft has raised $573M in total disclosed funding across the rounds on record.
Who has invested in Updraft?
NatWest, Quilam Capital, LC Nueva, Auluk Investment, Jefferies Financial Group, Santander Corporate and Investment Banking are named among the investors backing Updraft.
What was the latest Updraft funding round?
The most recent disclosed round is a Series B, announced in January 2023.
Where is Updraft based?
Updraft is based in London, United Kingdom.
When did Updraft last raise?
The last disclosed Updraft round closed in January 2023 at Series B.

Totals shown for Updraft aggregate every disclosed round on file. To see how that compares, browse the companies in London and the investors behind them below.

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