UK tech funding roundup: This week’s deals from Revving to HowNow
This week’s UK tech funding deals include early invoice payment service Revving, frontier AI business Latent Labs and more
UKTN tracked £185.5m worth of UK tech investment this week (10 February to 14 February), a 361% week-on-week increase across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Revving – £107m
Sector: Fintech
HQ: London
Round: Early VC/debt
Investors: DWS
Founded in 2020, Revving is a payment acceleration platform for businesses to receive earned cash faster.
Latent Labs – £40m
Sector: Biotech/AI
HQ: Cheshire
Round: Series A
Investors: Sofinnova Partners, 8VC, Kindred Capital, Isomer Capital, Pillar VC, Radical Ventures, Flying Fish, Aidan Gomez and Mati Staniszewski
Founded in 2023, Latent Labs is a frontier AI lab developing programmable biology products.
IQE – £18m
Sector: Semiconductors…
Related
‘A bit boring – but boring can be good’: Why…
Have you heard of RELX? A lot of people haven’t. A cursory browse of Google Trends suggests there is less “search interest” for RELX than virtually any ot
Ireland’s Version 1 pledges £40m investment into British AI economy …
Irish technology consultancy Version 1 has pledged to invest £40m into the UK’s AI economy following a discussion with leaders of both countries. The i
UK tech funding roundup: This week’s deals from Quantexa to…
This week’s UK tech funding deals include AI data intelligence platform Quantexa, biomaterials developer Epoch Biodesign and more. UKTN tracked £200.3m worth
‘Just get on and do it’: Riverlane boss urges fast…
The UK has everything it needs to lead the world in quantum computing. First-class scientific talent, a solid funding pipeline, groundbreaking companies and eve
