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Early-stage capital feels scarcer. Here’s what’s really happening

UK early-stage funding stabilised in 2025, but capital is more selective, concentrated and network-driven than ever.

Lessons from launching ThatRound in 2025

What we've learnt in our first year building the infrastructure for early stage founders to raise investment.

What are warm investor intros, and how can UK startup founders get them?

Warm intros aren’t powered by friendship. They’re powered by trust and fit. Investors prioritise deals from sources they trust, not random inbound emails. But relying on personal networks can create uneven access to capital and limit who gets seen. In this piece, I explain what a warm intro really is, and how structured, data-driven matching can create trusted introductions at scale.

Bradley Jones

February 16, 2026

Latest Articles

From liquid to logistics: what it really takes to build a successful drinks business

Why more and more UK startups are looking for investment from the US

Resilience, clarity, and timing: what defines fundraisers who succeed

Funding your deeptech startup: from idea to MVP to MLP

What is ‘seedstrapping’? A new route for startup founders in 2025

The art of pitching: how to get investors excited about your idea

Recent Blog Posts

Raising your seed round: food and beverage

Raising for an FMCG startup is notoriously difficult, here's our top tips for a food and beverage seed round

What type of fundraising service is right for your startup?

With so many types of fundraising service, how do you know which is best for your startup?

Are fundraising services FCA regulated?

What UK startup founders need to know about compliance, credibility and risk.

Guides for UK Founders

A step-by-step guide: how to set up a limited company in the UK

Discover how to set up a limited company in the UK with this step-by-step guide. Learn the essential steps to register and launch

Download our pre-raise checklist for UK startups

Thinking about raising? Our guide covers everything you need to have sorted before you get started.

Spiral-bound guide titled 'The Pre-Raise Checklist for UK Startups' by ThatRound with a UK cityscape background and a tick mark icon.