Venture capital firm Antler has invested £120,000 into seven pre-seed technology startups based in the UK.
Shared exclusively with UKTN, the funding from Antler into the startups comes off the back of its sixth London residency that saw 55 founders take part.
Jed Rose, partner, Antler, said: “The founders that we work with in the UK continue to find new ways of applying their deep experiences and new technologies to address the world’s biggest problems, improve people’s lives and make business easier.”
The seven startups being supported with Antler funding are:
– Conveyo: Conveyancing platform for the buying and selling of houses.
– Fractiv: Similar to fractional shares, Fractiv allows people to invest and own parts of artwork. Fractive says its financing has been used to release funds from the 1982 painting Warrior by Basquiat.
– Genehub: A genome sequencing storage and permissions startup, which grants users ownership of their medical data and reusing of medical data.
– Kickback: Gaming raffle system allowing those who enter to win prizes such as gaming with a content creator.
– Nippi: Food social media platform promoting local cuisine, collecting orders to save money and rewards.
– Uppr: Video call analysing software that provides feedback and suggests relevant notes to pre-determined keywords that are spoken.
– xWatts: Commercial property software that analyses a building’s performance and makes recommendations in order to make savings.
“Our latest investments demonstrate the range of tech talent in the UK – from climate tech to health tech, fintech to food tech – we are seeing diverse founders and diverse specialisms produce startups with significant growth potential,” added Rose.
Antler said it made over 100 investments into startups across Europe last year, which brought its portfolio to more than 600 firms, with approximately 70 being UK based.
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