Even in a slowed-down macroeconomic climate, the funding deals never end in the world’s third-largest tech industry. To help keep track of the deals that matter most, UKTN is launching a weekly funding roundup every Friday.
This week – 4 March to 8 March – includes funding rounds for digital banking giant Monzo, medtech startup Phagenesis, new entrant to the generative AI video market Haiper and more.
Here is the inaugural edition of the UK tech funding roundup.
Monzo – £340m
Sector: Fintech
HQ: London
Round: Late VC
Investors: CapitalG, Google Ventures, Passion Capital, Tencent and HongShan Capital
Founded in 2015, Monzo provides digital banking services including consumer and business current and savings accounts, investing and loans.
Phagenesis – £33m
Sector: Health tech...