About Web 3.0 sector in United Kingdom
The Web 3.0 sector in United Kingdom comprises 2.7K companies, including 731 funded companies having collectively raised $6.37B in venture capital money and private equity. Out of these, 159 are Series A+ funded, and 2 have achieved unicorn status.
Web 3.0 sector in United Kingdom has seen 44 acquisitions and 10 IPOs.
This sector includes companies that have websites and applications whose data are stored and interconnected in a decentralized way instead of storing in centralized repositories owned and operated by a single corporate/company.
Web 3.0 sector is also known as Web 3.0 Solutions, Advanced Web 3.0 or Digital Web 3.0.
Companies that are providing infrastructure for blockchain and smart contracts developments. The feed also includes companies that are providing decentralized web 3.0 applications for enterprises, the entertainment industry, individuals, or decentralized web 3.0 applications offering financial services for individuals or businesses. The feed exclude companies that are providing Web 2.0 and Web 1.0 applications, and blockchain/crypto-based financial services which are owned and operated by a corporate or a central authority.
Top Web 3.0 Companies in United Kingdom
There are 2,703 Web 3.0 startups in United Kingdom which include IoTeX, Improbable, R3, Aztec, Wirex. Out of these, 731 startups are funded, with 159 having secured Series A+ funding, and 2 achieving unicorn status.
2026 has seen the creation of 21 Web 3.0 startups in United Kingdom. Over the past 10 years, an average of 210 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Oxford, Imperial College London and University College London.
Here is the list of top Web 3.0 startups in United Kingdom
1. IoTeX
Developer of blockchain infrastructure for real world artificial intelligence. This technology provides decentralized identity protocols and verification layers for machines and devices. It enables the transformation of physical data into actionable intelligence for autonomous systems. The infrastructure supports secure settlement and discovery for connected hardware networks.
Key facts about IoTeX
- Founded Year: 2017
- Location: Tortola (United Kingdom)
- Stage: Series A
- Total Funding till date: $50M
- Investors: Fmgroup, SNZ and 37 Others
- Latest Funding Round: Series A, Aug 27, 2025, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 3 of 965 Competitors
2. Improbable
Developer of virtual world software and decentralized digital infrastructure platforms. This business creates technology for building immersive environments, blockchain applications, and artificial intelligence systems. The software supports the creation of persistent digital spaces and automated enterprise workflows. These tools enable the development of interactive experiences and scalable network architectures for various digital applications.
Key facts about Improbable
- Founded Year: 2012
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $937M
- Investors: Andreessen Horowitz, SoftBank and 42 Others
- Latest Funding Round: Series D, Oct 03, 2022, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 235 Competitors
3. R3
Provider of digital currency, digital asset and interoperability solutions. It supports Central Banks, Corporates and FMIs by providing them with the tools to navigate the complexities of digitization and token creation. It provides enterprise technology and services for direct, digital collaboration, with a focus on real-world asset tokenization and digital currencies.
Key facts about R3
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $112M
- Investors: CLS Group, HSBC and 31 Others
- Latest Funding Round: Conventional Debt, Jul 11, 2019, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 3 of 1,901 Competitors
4. Aztec
Blockchain-based network for digital security token management. It provides users with to ultimate security shield for the internet of money, protecting the user & business data, and more. It offers identity privacy, balance privacy, code privacy, private assets management, and more.
Key facts about Aztec
- Founded Year: 2018
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $119M
- Investors: Paradigm, Andreessen Horowitz and 28 Others
- Latest Funding Round: Series B, Dec 13, 2022, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 1 of 202 Competitors
5. Wirex
Provider of digital asset wallets and stablecoin payment processing infrastructure. This platform facilitates the exchange, storage, and spending of cryptocurrencies and stablecoins through integrated debit cards and banking accounts. It enables users to manage digital assets alongside traditional currencies while providing tools for yield generation and borrowing. The infrastructure supports automated settlement processes and provides application programming interfaces for developers to integrate payment and card issuance capabilities into external systems.
Key facts about Wirex
- Founded Year: 2014
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $22.2M
- Investors: Kuinji, Castlewoodsingers and 12 Others
- Latest Funding Round: Series B, Feb 15, 2022, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 2 of 285 Competitors
Companies founded year-on-year in the Web 3.0 sector in United Kingdom
21 new startups have been founded so far in 2026 in the Web 3.0 sector in United Kingdom. 462 Web 3.0 startups in United Kingdom were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 21 |
2025 | 35 |
2024 | 86 |
2023 | 210 |
2022 | 340 |
2021 | 462 |
2020 | 164 |
2019 | 239 |
2018 | 317 |
2017 | 232 |
Stage-wise distribution of Web 3.0 sector companies in United Kingdom
Out of the total 2,703 Web 3.0 companies in United Kingdom, 731 have secured funding. Among them, 159 have reached Series A or higher, and 86 to Series B or beyond.
Founded - 2,703
Funded - 731
Series A+ - 159
Series B+ - 86
Series C+ - 67
Company Stage | No. of companies |
|---|---|
Founded | 2,703 |
Funded | 731 |
Series A+ | 159 |
Series B+ | 86 |
Series C+ | 67 |
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Funding Trends in the Web 3.0 sector in United Kingdom
Total funding year-on-year in the Web 3.0 sector in United Kingdom
The Web 3.0 sector in United Kingdom saw a total funding of more than $6.25B in the last 10 years. The most amount of funding was in 2022 at more than $1.11B. There has been a total funding of $194M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $194M |
2025 | $673M |
2024 | $1.01B |
2023 | $654M |
2022 | $1.11B |
2021 | $904M |
2020 | $140M |
2019 | $179M |
2018 | $627M |
2017 | $764M |
Recent Funding Rounds in Web 3.0 in United Kingdom
In the year 2026, till August 2026, Web 3.0 companies in United Kingdom have raised $194M in equity funding across 14 rounds.
In the same period last year (i.e. till August 2025), Web 3.0 companies in United Kingdom had raised $260M across 20 rounds.
So, 2026 has seen a 25.34% drop in funding in Web 3.0 companies in United Kingdom as compared to 2025.
Here are some recent, important funding rounds in Web 3.0 companies in United Kingdom:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 5312 | Aug 27, 2026 | ||
Seed | 3814 | Aug 03, 2026 | ||
Series D | 8858 | Jul 11, 2026 | ||
Series A | 3562 | May 21, 2026 | and 6 more | |
Series D | 8376 | May 12, 2026 |
Top Investors in Web 3.0 in United Kingdom
Outlier Ventures is the top investor in Web 3.0 companies in United Kingdom based on number of companies invested.
Here are some top investors in Web 3.0 companies in United Kingdom:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | ||
San Francisco (United States) | ||
Perth (Australia) | ||
Luxembourg (Luxembourg) | ||
London (United Kingdom) | Port Finance and Calimero |
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M&A activity in Web 3.0 sector in United Kingdom
In the year 2026, till April 2026, 4 acquisitions happened in Web 3.0 sector in United Kingdom. Last year, in 2025, a total of 7 acquisitions happened in Web 3.0 sector in United Kingdom.
Here are some recent, important acquisitions in Web 3.0 sector in United Kingdom:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 30, 2026 | ||
Business Acquisition | Mar 17, 2026 | ||
Business Acquisition | Mar 12, 2026 | ||
Business Acquisition | Jan 14, 2026 | ||
Business Acquisition | Nov 11, 2025 |
Acquisition trends in Web 3.0 sector in United Kingdom
Here are the acquisition trends in Web 3.0 sector in United Kingdom:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 7 |
2024 | 7 |
2023 | 5 |
2022 | 3 |
2021 | 6 |
2020 | 4 |
2019 | 3 |
2018 | 1 |
2017 | - |
IPOs in Web 3.0 in United Kingdom
In the year 2025, till September 2025, 1 IPO happened in Web 3.0 sector in United Kingdom.
Here are some recent, important IPOs in Web 3.0 sector in United Kingdom:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 01, 2025 | Aquis Stock Exchange (AQSE) | |
Sep 23, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Oct 05, 2020 | London Stock Exchange (LSE) | |
Aug 03, 2018 | London Stock Exchange (LSE) | |
Nov 06, 2015 | Toronto Stock Exchange - Venture Exchange (TSX-V) |
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Colleges which produce the most Web 3.0 companies in United Kingdom
Companies founded by alumni from top colleges in the Web 3.0 in United Kingdom
Most number of Web 3.0 startups in United Kingdom have been founded by alumni from University of Oxford, Imperial College London and University College London.
College | No. of companies |
|---|---|
University of Oxford | 25 |
Imperial College London | 17 |
University College London | 17 |
University of Cambridge | 17 |
Harvard University | 8 |
University of Warwick | 7 |
London School of Economics and Political Science | 6 |
University of Manchester | 6 |
King’s College London | 5 |
London Business School (LBS) | 5 |
Total funding in Web 3.0 companies founded by alumni from top colleges in United Kingdom
In the last 10 years, Imperial College London graduates' Web 3.0 companies in United Kingdom have raised the most funding among top colleges. University of Cambridge alumni are second, and University of Oxford alumni are third.
College | Total Funding |
|---|---|
Imperial College London | $1.47B |
University of Cambridge | $1.12B |
University of Oxford | $466M |
Queen's University | $243M |
Stanford University | $223M |
University of Toronto | $204M |
Columbia University | $144M |
Columbia Business School | $136M |
Cornell University | $126M |
University College London | $105M |
Top News in Web 3.0 in United Kingdom
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BVNK and Marqeta Partner to Enable Stablecoin Spending on Payment CardsCrowdfund Insider•Sep 10, 2026•BVNK, Marqeta
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Provable Inc. Launches Shield Swap: A Confidential Trading Venue for Institutions and GovernmentsGlobal Fintech Series•Aug 18, 2026•Provable Things
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Ctrl Wallet to Fully Shut Down by August 3, Deletes Mobile Apps EarlyThe Crypto Times•Jul 07, 2026•Ctrl Wallet
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TransferMate Partners with BVNK for Real-Time Stablecoin Settlements in Global PaymentsFintech Finance•Jun 02, 2026•BVNK, TransferMate
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Code4rena Announces Wind Down After Securing Billions in DeFiThe Crypto Times•May 13, 2026•Code4rena
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PayDo Partners with BVNK to Add Stablecoin Capabilities Without Crypto CustodyThe Fintech Times•May 13, 2026•BVNK, Paydo
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Kopay partners with BVNK to add stablecoin wallet for customers worldwideBusiness Wire•May 11, 2026•BVNK, KoPayments
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Argo Blockchain to delist from London on Friday, remains on NasdaqShareprices•Dec 11, 2025•Argo Blockchain
