This week’s UK tech funding deals include EV charger software management company Fuuse, marketplace for licensed data for AI training Human Naative AI FintechOS, sign language translation platform Signapse and more.
UKTN tracked £29.5m worth of UK tech investment this week (3 May to 7 May), a 94% week-on-week decrease, across 10 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Fuuse – £8.7m
Sector: Energy
HQ: Lancaster
Round: Series A
Funding type: Equity
Investors: YFM Equity Partners, Par Equity and angels
Founded in 2021, Fuuse provides EV charging point operators with a white-labelled management platform to offer flexible payments, dynamic pricing, booking controls, maintenance tracking and more.
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Psyomics – £4m
Sector: Health tech
HQ: Cambridge
Round: N/A
Funding type: Equity
Investors: Parkwalk Advisors
Founded in 2015, Psyomics has developed the Censeo platform that analyses patient information to create biopsychosocial profiles to assess their mental health support needs.
WealthOS – £4m
Sector: Fintech
HQ: London
Round: Seed
Funding type: Equity
Investors: Barclays and angels
Founded in 2019, WealthOS develops off-the-shelf software for companies providing digital wealth management products.
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Sofant Technologies – £3.4m
Sector: Telecoms
HQ: Edinburgh
Round: Early VC
Funding type: Not disclosed
Investors: EMV Capital, Kelvin Capital and Scottish Enterprise
Founded in 2011, Sofant Technologies develops phased-array antenna platforms for satellite communication.
Human Native AI – £2.8m
Sector: AI
HQ: London
Round: Seed
Funding type: Not disclosed
Investors: LocalGlobe and Mercuri
Founded in 2024, Human Native AI has launched a marketplace for developers to purchase licensed training data for AI models.
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Slip – £2.5m
Sector: Ecommerce
HQ: London
Round: Seed
Funding type: Equity
Investors: Adjuvo, Haatch Ventures, Unbundled VC, the Side by Side Partnership and angels
Founded in 2022, Slip develops software for retailers to digitise receipts, providing insight into consumer trends.
Signapse – £2m
Sector: Health tech
HQ: Guildford
Round: Seed
Funding type: Equity
Investors: Soulmates Ventures, Deeptech Seed Fund, Royal Association for Deaf People, Empirical Ventures, CEAS Investments and FSE Group
Founded in 2022, Signapse is a generative AI-based sign language translation software firm.
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Ittybit – £1.5m
Sector: AI
HQ: Salford
Round: Seed
Funding type: Equity
Investors: Mercuri and Sure Valley Ventures
Founded in 2021, Ittybit has developed an AI compression tool to reduce upload and download times, as well as reduce storage requirements for files.
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Tendertec – £440,000
Sector: Health tech
HQ: Cardiff
Round: Seed
Funding type: Equity/debt
Investors: The Development Bank of Wales
Founded in 2017, Tendertec has developed a system to monitor the condition of care home residents in real time.
Aeropowder – £150,000
Sector: Climate tech
HQ: London
Round: Seed
Funding type: Equity
Investors: British Design Fund
Founded in 2016, Aeropowder develops feather-based sustainable packaging.
The post UK tech funding roundup: This week’s deals from Fuuse to Aeropowder appeared first on UKTN.
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