Xylo Raises £2.8M Pre-seed

Xylo, a London-based government technology startup, has raised £2.8 million in pre-seed funding. The company specializes in artificial intelligence tools designed to streamline the processing of local government planning applications.

Investors

The funding round was led by CapitalT, with additional participation from Common Magic, Sure Valley Ventures, Tiny VC, and Endurance Ventures. Angel investors from DeepMind, Gensyn, and Dawn Capital also contributed, alongside Mark Ransford and several former government technology founders.

Xylo Use of Funds

While specific operational allocations were not detailed, the capital will support the continued development and deployment of the company's AI-driven planning application processing platform.

About Xylo

Xylo is a UK-based govtech company that provides AI-powered software to local authorities. The platform assists with document management, submission verification, and response compilation for planning applications, enabling councils to increase efficiency while ensuring planning officers retain final decision-making authority.

Funding Details

Company Website: https://buildxylo.ai

Company: Xylo
Raised: £2.8M
Round: Pre-seed
Funding Date: July 1, 2026
Lead Investor: CapitalT
Additional Investors: Common Magic, Sure Valley Ventures, Tiny VC, Endurance Ventures, Angel investors from DeepMind, Gensyn and Dawn Capital, Mark Ransford, former government technology founders
Software Category: GovTech
Source: https://www.investing.com/news/company-news/mindflair-portfolio-company-xylo-secures-28m-preseed-funding-93CH-4770160