This week’s UK tech funding deals include Welsh cybersecurity startup PureCyber, flight-free travel planner ByWay, fitness app GoJoe and more.
UKTN tracked £26.6m worth of UK tech investment this week (8 July to 12 July), a 90% week-on-week decrease across nine funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
PureCyber – £5m
Sector: Cybersecurity
HQ: Cardiff
Round: Growth equity VC
Funding type: Equity
Investors: BGF
Founded in 2016, PureCyber is cybersecurity firm that provides a range of solutions, acting as an outsourced provider for businesses looking to bolster their defences against cyberattacks.
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Switchee – £5m
Sector: Climate tech
HQ: London
Round: –
Funding type: –
Investors: AXA IM Alts and Octopus Ventures
Founded in 2015, Switchee develops housing technology to prevent mould and lower heating bills.
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Byway – £5m
Sector: Travel tech
HQ: London
Round: Series A
Funding type: –
Investors: Heartcore Capital, Eka Ventures and angels
Founded in 2020, ByWay is a platform that plans flight-free travel plans based on users’ inputs.
Tracebit – £4m
Sector: Cybersecurity
HQ: London
Round: Seed
Funding type: –
Investors: Accel, Tapestry VC and angels
Founded in 2022, Tracebit has developed a cloud-native threat deception security platform
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Iconic AI – £3m
Sector: Gaming
HQ: London
Round: Pre-seed
Funding type: –
Investors: HodlCo, FOV Ventures, Interface Capital, Deepwater Asset Management, and scout funds from Sequoia and Atomico.
Founded in 2023, Iconic AI is a video game developer that claims to be the world’s first AI-native AAA game factory.
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GoJoe – £2.4m
Sector: Health tech
HQ: London
Round: Seed
Funding type: Equity
Investors: Venrex Partners, Amrock Ventures and Hellen’s Rock Ventures
Founded in 2018, GoJoe is a fitness app that aims to cater to both consumers and businesses looking to replace traditional workplace wellness programmes.
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PolyModels Hub – £1.1m
Sector: Health tech
HQ: London
Round: Seed
Funding type: –
Investors: Marathon Venture Capital
Founded in 2023 startup developing digital tools for the research and development of pharmaceuticals
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Earlybird AI – £625,000
Sector: Recruitment
HQ: London
Round: Seed
Funding type: Equity/grant
Investors: Syndicate Room, Ada Ventures and Resolution Foundation
Founded in 2022, Earlybird AI is a jobseeking platform that uses AI to provide insights based on users’ requirements.
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PreActiv – £500,000
Sector: Health tech
HQ: London
Round: Pre-seed
Funding type: Equity
Investors: Exceptional Ventures, Bethnal Green Ventures, Angel Academe and angels
Founded in 2020, PreActiv is a platform that aims to reduce surgical complications through personalised prehabilitation.
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The post UK tech funding roundup: This week’s deals from PureCyber to PreActiv appeared first on UKTN.
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