On the register this week: 24 new companies from founders with a prior exit, 20 young registers carrying two or more exited directors, 70 allotments of £100k or more at companies under three years old, and 2 smart-money register entries.
- 1 Fresh capital
Gridcog booked £10.3m of new capital. Nobody has written about it
Clean-energy software firm Gridcog filed an SH01 recording £10.3m of new shares, on a register that now carries 44 names. Its last announced round was £3.3m in early 2024. As this issue went out: no press, no announcement, just the filing.
SH01 filed 1 Jul · Gridcog International Ltd (15264151) · 44 shareholders · London
For contrast, the last announced round: £3.3m, March 2024 (UKTN)
- 2 Reunion
The pair who sold Pace Group just incorporated six lift companies in one day
Lukas Schlenker and Scott Haywood sold lift-services firm Pace Group Holding (£5.6m turnover) earlier this year. On 1 July they appeared together on six brand-new registers: Leeds Lifts, Yorkshire Lifts, Yorkshire Elevator Services, Yorkshire Lift Services, Yorkshire Lift Installations and Yorkshire Escalators. Whatever the plan is, it is not retirement.
6 incorporations, 1 Jul · prior sale: Pace Group Holding Ltd to Project Thirty 2 Bidco, 2026 · inferred from register and control filings
- 3 Exited founder
Fifteen weeks after Concord bought Ninja Tune, a director starts something new
Matthew Cohn, a director of Ninja Tune Holdings when Concord acquired the label in March, incorporated Boot Up The Network Ltd in London this week, registered under artistic creation.
Incorporated 30 Jun · Boot Up The Network Ltd (17309329) · prior exit: Ninja Tune Holdings to Concord, 2026 · inferred from register and control filings
The deal it follows: Concord acquires Ninja Tune, March 2026 (Music Ally)
- 4 Fresh capital
Monument Technology said 'more than £18m'. The register says £19.1m
The banking-platform business announced its seed round on 17 June. The SH01 landed this week and puts the filed number at £19.1m, allotted across a register that now carries 64 names. The announcement gave you the story; the filing gives you the cap table.
SH01 filed 29 Jun · Monument Technology Ltd (15281121) · 64 shareholders · London
The announcement: over £18m in seed funding, 17 June 2026 (FinTech Futures)
- 5 Smart money
The founder who sold XenoGesis just took 1.9% of a gut-model biotech
Richard Weaver built and sold drug-metabolism consultancy XenoGesis (£3.0m turnover at exit, 2020). This week he joined the register of Aelius Biotech with a 1.9% stake, alongside a board seat.
Register entry 30 Jun · Aelius Biotech Ltd (11535653) · entry bracketed by confirmation statements · inferred from register and control filings
- John Carrington, who sold personal-care manufacturer Royal Sanders UK (£73m turnover) in 2023, incorporated Son of Bobby Ltd on the Wirral.
- £110m of new equity landed in HDCI Hayes Bridge Ltd, a young London data-hosting vehicle.
- Manchester edtech Wakelet took £2.5m across 29 register names.
- The two dentists who co-sold Newton Abbot Dental Centre in 2022 are back together with Totnes Dental Ltd.