This week’s UK tech funding roundup includes investments into the electric vehicle platform Be.EV, asset intelligence startup Climate X, and more.
UKTN tracked £142.7m worth of UK tech investment this week (24 June to 28 June), a 50% % week-on-week increase across nine funding rounds.
This roundup does not include Stability AI’s investment – which is reportedly $80m – but not confirmed by the company.
Here’s your weekly roundup of UK tech startup funding deals.
Be.EV – £55m
HQ: Manchester
Round: –
Funding type: Debt
Investors: NatWest, KfW IPEX-Bank, Octopus Energy Generation
Founded in 2019, Be.EV has created an open network of pay-as-you-go chargers with an optional membership scheme
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Solus Power – £22m
HQ: London
Round: –
Funding type: Equity
Investors: Petra Equity Partners
Founded in 2020, Solus Power specialises in the generation, storage, management, and distribution of power for electric vehicles.
Deskpro – £19.7m
HQ: London
Round: Series A
Funding type: Equity
Investors: Elsewhere Partners
Founded in 2001, Deskpro has created helpdesk software for companies to manage customer communication.
Climate X – £14m
HQ: London
Round: Series A
Funding type: Equity
Investors: Google Ventures, Pale Blue Dot, Blue Wire Capital, PT1, Unconventional Ventures and Western Technology Investment
Founded in 2020, Climate X provides tools to financial institutions and asset managers to monitor climate risk to their physical portfolios.
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Supercede – £11.7m
HQ: London
Round: Series A
Funding type: –
Investors: Alven, Mundi Ventures, Outward, Seedcamp, MMC Ventures, and AFG Partners
Founded in 2019, Supercede is a reinsurance technology company that has developed a platform for insurers, brokers and reinsurers to manage deals and data.
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VersaTile Automation – £8m
HQ: Blyth
Round: Seed
Funding type: Seed
Investors: Tharsus Group
Founded as a spinout of Tharsus Group, VersaTile Automation provides advanced robotics solutions to improve productivity in supply chains.
Heidi – £5.6m
HQ: Bristol
Round: –
Funding type: Equity
Investors: Mercia Ventures, Active Partners, private investors
Founded in 2018, Heidi has created a platform for customers to book bespoke ski holiday packages.
Zeti – £5m
HQ: London
Round: Series A
Funding type: Equity
Investors: HYCAP Group
Founded in 2020, Zeti has created a digital platform for fleet operators to track finances, lenders to invest in transport fleets, along with other management tools.
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Care Hires – £1.7m
HQ: Leicester
Round: Series A
Funding type: –
Investors: West Hill Capital
Founded in 2018, Care Hires has created a platform to improve efficiencies for social care and on-demand care workers
The post UK tech funding roundup: This week’s deals from Be.EV to Care Hires appeared first on UKTN.
