This week’s UK tech funding deals include autonomous vehicle company Oxa, biomaterials group Shellworks and more.
UKTN tracked £99.37m worth of UK tech investment this week (2 March to 6 March), a 91% week-on-week decrease across five funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Oxa – £77m
Sector: AI/mobility
HQ: Oxford
Round: Series D
Investors: National Wealth Fund, NVentures, IP Group, Hostplus and BP Ventures
Founded in 2014, Oxa develops autonomous driving technology for industrial use.
Shellworks – £11m
Sector: Biomaterials
HQ: London
Round: Series A
Investors: Alter equity, JamJar, Founder Collective, LocalGlobe, Third Sphere and Nat Friedman
Founded in 2019, Shellworks is developer a cost-effective sustainable alternative to plastics and other traditional materials.
Antiverse – £7m
Sector: Health tech...