This week’s UK tech funding deals include AI-powered logistics firm HIVED, Belfast-based safety tech developer Inclutech and more.
UKTN tracked £60m worth of UK tech investment this week (30 June to 4 July), a 90.5% week-on-week increase across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
HIVED – £31m
Sector: Logistics
HQ: London
Round: Series B
Investors: NordicNinja, Planet A and Future Back Ventures
Founded in 2021, HIVED is an AI-powered, all-electric parcel delivery company.
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AssetCool – £9.9m
Sector: Robotics
HQ: Leeds
Round: Series A
Investors: Energy Impact Partners, Taronga Ventures, Extantia Capital and Mercia Ventures
Founded in 2016, AssetCool develops specialised power line coatings and semi-autonomous robotic application systems to apply them.
Yaspa – £8.7m
Sector: Fintech
HQ: London
Round: Early VC
Investors: Techstars, Metavallon VC and Discerning Capital
Founded in 2017, Yaspa is an open banking payments firm.
Laverock Therapeutics – £6.5m
Sector: Health tech
HQ: London
Round: Seed extension
Investors: Calculus Capital, Norcliffe Capital, Eli Lilly and Company, Mercia Ventures, Eos Advisory and Maven Capital Partners
Founded in 2021, Laverock Therapeutics uses gene control technology to support the development of disease-responsive advanced therapies.
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Zango – £3.5m
Sector: AI/fintech
HQ: London
Round: Seed
Investors: Nexus Venture Partners, South Park Commons, Notion Capital, No Label Ventures, Start Ventures and angels
Founded in 2024, Zango is training AI agents for compliance in complex industries such as financial services.
Inclutech – £400,000
Sector: Safety tech
HQ: Belfast
Round: Early VC
Investors: Innovation Ulster Ltd and Clarendon Fund Managers
Founded in 2016, Inclutech has developed a suite of personal and public safety tools, including emergency service contact app TapSOS.
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