This week’s UK tech funding deals include beauty industry software provider Fresha, 3D holographic specialist VividQ, AI customer service chatbot maker Gradient Labs and more.
UKTN tracked £57.75m worth of UK tech investment this week (19 August to 23 August), a 14% week-on-week decrease across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Fresha – £26m
Sector: SaaS
HQ: London
Round: Venture debt facility
Funding type: Debt
Investors: JP Morgan
Founded in 2015, Fresha is a marketplace software platform for the beauty and wellness industry
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Tilt – £13.7m
Sector: Ecommerce
HQ: London
Round: Series A
Funding type: –
Investors: Balderton Capital, TQ Ventures, Earlybird and Seedcamp
Founded in 2021, Tilt is a fashion shopping platform that emphasises community engagement.
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BeyondMath – £6.5m
Sector: AI
HQ: Cambridge
Round: Seed
Funding type: –
Investors: UP.Partners, Insight Partners and InMotion Ventures
Founded in 2022, BeyondMath is
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VividQ – £5.7m
Sector: VR/AR
HQ: London
Round: Series A
Funding type: –
Investors: Foresight Group, GameTech Ventures and Ruttenberg Gordon Investments
Founded in 2017, VividQ creates 3D and holographic visual experiences.
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Administrate – £3.05m
Sector:
HQ: Edinburgh
Round: –
Funding type: –
Investors: Investment Fund for Scotland, Mercia and Archangels
Founded in 2012, Administrate is used by corporate clients to manage training operations
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Gradient Labs – £2.8m
Sector: AI
HQ: London
Round: Seed
Funding type: Equity
Investors: LocalGlobe, Puzzle Ventures and angels
Founded in 2023, Gradient Labs is developing large language model AI customer service agents capable of acting “like humans”.
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