The latest UK tech funding report reveals significant trends and investments in the sector this week.
- A total of £26.5 million was invested, marking a 38% decline compared to the previous week.
- Key investments were directed towards health tech, infrastructure, cybersecurity, and AI applications.
- Semble led the way in health tech funding with its innovative medical provider management platform.
- FYLD and CybaVerse received notable investments in infrastructure and cybersecurity respectively.
UK technology startups have seen a total investment of £26.5 million this week, indicating a 38% decrease from the week before. This drop was recorded across four key funding rounds, reflecting shifting investor interests and caution in the market.
Health tech remains a focal area for investment. Semble, founded in 2018 and headquartered in London, secured series B funding from prominent investors including Mercia Ventures, Octopus Ventures, Smedvig Ventures, and Triple Point Ventures. Semble’s platform aims to modernise clinical operations, replacing outdated systems prevalent in medical practices.
In the infrastructure sector, FYLD, another London-based company founded in 2020, received late venture capital investment from NatWest. FYLD’s AI-driven platform enhances visibility into daily infrastructure operations, offering a tech-forward solution to traditional challenges.
Cybersecurity continues to attract attention with CybaVerse securing new funding. The firm offers consultancy services, helping organisations protect their digital assets in an increasingly complex cyber landscape.
Lastly, Scalpel AI, focusing on surgical operations, also featured among the week’s notable investment activities. The AI startup seeks to revolutionise how surgeries are conducted by leveraging artificial intelligence.
The UK tech funding landscape this week reflects diversified investor interests despite an overall decrease in investments.
