UKResearch
UK lawtech raised £226.9 million in first half of 2026, but fewer companies got funded
The LawtechUK H1 2026 Investment Snapshot reports £226.9 million raised by UK lawtech companies in the first six months of 2026, already 20% above the £188.8 million raised in all of 2025. Only 17 companies were funded, down from 27 a year earlier, as average deal size tripled to £13.35 million. Orbital, Wordsmith AI and Lawhive took about 69% of the total.
Paper (Legal Cheek) → · Legal Futures
Key points
- Funded companies fell from 27 in the first half of 2025 to 17 in the first half of 2026.Legal CheekLegal Futures
- Average deal size rose from £4.3 million to £13.35 million.Legal CheekLegal Futures
- Orbital, Wordsmith AI and Lawhive accounted for about £156 million, or 69% of funding.Legal CheekLegal Futures
- Over 70% went to later-stage companies, while early-stage funding rose 82% to £66.6 million.Legal Cheek
- London drew £134.1 million; Scotland's share climbed from 2.7% in 2024 to 23.4%.Legal Cheek
- The report forecasts more than £400 million for 2026 and a central £647 million by 2027.Legal Cheek