ICONIQ
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Investment Portfolio


Conduct unlocks £45m Series A led by Index Ventures and ICONIQ to accelerate transformation of enterprise software systems
Conduct is an AI operating system for enterprise software that ingests custom code, configuration, and dependencies to build a single operating layer linking each step of a business process to the code that implements it. The platform enables business and IT teams to work together to transform complex, highly customised enterprise systems faster and at lower cost.


Primer announces £75m Series C led by Sofina for unified payments and finance infrastructure
Primer is a payments infrastructure platform that gives merchants a unified layer across the payments lifecycle, from checkout to payout. The platform helps payments, finance and treasury teams manage transaction data, payment providers and reconciliation from a single system.


ElevenLabs lands £370m Series D led by Sequoia Capital to double down on human-like AI text to speech model
ElevenLabs develops voice and audio AI models for text to speech, transcription and conversational systems. It provides production-ready tools for developers, creators and enterprises to generate and manage audio content.


Swap lands a £75m Series C led by DST Global and ICONIQ to expand product offering in its commerce operating system
Swap builds a commerce operating system that helps brands manage returns, cross-border logistics, tax and payments, giving merchants real-time insight and control across increasingly complex global ecommerce operations.
More venture news
- 26 Aug 2026

Certain EnergyCertain Energy raises a £10m Series A led by British Business Bank for long-duration battery storage on the clean energy grid
Series AEnergy - 12 Aug 2026

MindgardMindgard secures £22m Series A led by Album VC to test and defend AI systems against adversarial attack
Series ACybersecurity - 12 Aug 2026

CytixCytix raises a £5m Series A round led by Northern Gritstone to manage the security risk of AI-driven software change
Series ACybersecurity