Published: March 26, 2026 at 7:59 am
London has its latest unicorn after AI note-taking app Granola raised £94 million in Series C funding.
The firm, founded in 2023, was valued at £1.1 billion by the round.
Chris Pedregal and Sam Stephenson founded Granola to bring together shared knowledge and understanding from scattered documents. It uses AI to improve everyday communication and information capture.
Pedregal worked at Google before founding Socratic, an AI-powered tutor for high school students, In New York. The startup was acquired by Google in 2018. After two years working on the product within Google in San Francisco, he founded Stack, an AI scanner and organiser, inside Google’s in-house incubator Area 120 back in London. Stack was acquired by Google Drive in 2022.
Stephenson is a designer with a decade of experience across the US and London.