This week’s UK tech funding deals include AI procurement and supply chain group Procure AI, automated deal negotiator Monq and more.
UKTN tracked £42.91m worth of UK tech investment this week (24 November to 28 November), a 67% week-on-week decrease across eight funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Whitespace – £10m
Sector: AI
HQ: Belfast
Round: Series A
Investors: Beach Equity and White Cloud
Founded in 2015, Whitespace develops AI solutions for enterprises.
Procure AI – £9.8m
Sector: AI
HQ: London
Round: Seed
Investors: Headline, C4 Ventures, Futury Capital and angels
Founded in 2021, Procure AI is developing AI-native procurement and supply chain management technology.
StirlingX – £8.3m
Sector: Drones
HQ: London
Round: Seed extension
Investors: RCM Private Markets Fund, GALLOS Technologies, ONE9 and angels...