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UK FinTech startup Ryft secures €23 million in Series B funding to accelerate European expansion, led by Gresham House Ventures.

PRIVATESep 17, 2026about 2 hours ago

Amount Raised

€23 Million

Round Type

Series B

New YorkAnalyticsData Center

Investors

Ingenii CapitalPembroke VctGresham House Ventures

Description

Ryft, a Manchester-based payments company, has secured a €23 million Series B to promote British tech and strengthen payments infrastructure across Europe. The funding will enable Ryft to expand into new European markets and enhance competition in the payments sector. The round was led by Gresham House Ventures, with participation from existing investors Pembroke VCT and Ingenii Capital. This follows a previous funding round of €6.6 million in April 2025.

Company Information

Company

Ryft

Location

New York, New York, United States

About

Ryft is the Automated Iceberg Management Solution. We help data teams create a truly open, automated and cost-effective Iceberg lakehouse, by maintaining and optimizing Iceberg tables in real time, all based on actual usage patterns. Ryft also automates governance, GDPR compliance and data lifecycle so data stays secure and compliant.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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