This week’s UK tech funding deals include AI data intelligence platform Quantexa, biomaterials developer Epoch Biodesign and more.
UKTN tracked £200.3m worth of UK tech investment this week (3 March to 7 March), a 110% week-on-week increase across seven funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Quantexa – £135.5m
Sector: AI
HQ: London
Round: Series F
Investors: HSBC, Warburg Pincus, Ontario Teachers’ Pension Plan, BNY Mellon, Evolution Equity Partners, Dawn Capital and AlbionVC
Founded in 2016, Quantexa has built a Decision Intelligence platform that unifies siloed data to solve challenges across data management.
Read more
Trimtech Therapeutics – £25m
Sector: Health tech
HQ: Cambridge
Round: Seed
Investors: Cambridge Innovation Capital, SV Health Investors, Pfizer Ventures, M Ventures, Eli Lilly and Company, MP Healthcare Venture Management, Cambridge Enterprise Ventures, and Start Codon
Founded in 2023, Trimtech is researching how to selectively degrade proteins associated with a range of diseases.
Read more
Cloudsmith – £18m
Sector: IT
HQ: Belfast
Round: Series B
Investors: TCV, Insight Partners, MMC, Frontline, Techstart, Sorenson, Tapestry, and Shasta
Founded in 2016, Cloudsmith has developed a cloud-native artifact management platform to securely distribute software.
Read more
Epoch Biodesign – £14.3m
Sector: Biomaterials
HQ: London
Round: Growth equity VC/grant
Investors: Extantia Capital, Inditex, Lowercarbon Capital, Happiness Capital, Kibo Invest, Day One Ventures and the UK government
Founded in 2019, Epoch Biodesign is developing recyclable plastics using enzymes.
Read more
PassEntry – £5.2m
Sector: E-commerce
HQ: London
Round: Early VC
Investors: Acurio Ventures and Bonsai Partners
Founded in 2019, PassEntry partners with brands to issue digital cards for e-wallets.
Read more
Notify – £1.5m
Sector: AI
HQ: Newcastle
Round: Early VC
Investors: Calculus Capital and Northeast Venture Fund
Founded in 2017, Notify is a tech platform designed to support workplace safety practices.
Read more
Ocean Ledger – £756k
Sector: Ocean tech
HQ: London
Round: Seed
Investors: Ananda Impact Ventures and Silverstrand Capital
Founded in 2023, Ocean Ledger provides precision satellite analytics to analyse, manage and monitor physical and natural coastal assets.
The post UK tech funding roundup: This week’s deals from Quantexa to Ocean Ledger appeared first on UKTN.
