This week’s UK tech funding deals include subscription-based pet food brand Butternut Box, synthetic fuel developer Rivan and more.
UKTN tracked £99.8m worth of UK tech investment this week (19 May to 23 May), a 57% week-on-week decrease across nine funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Butternut Box – £63m
Sector: Food tech
HQ: London
Round: Debt financing facility
Investors: Liquidity
Founded in 2016, Butternut Box is a subscription-based tailored dog food provider.
Converge – £16.3m
Sector: AI/climate tech
HQ: London
Round: Late VC
Investors: ABN AMRO, Climate Investment, Move Energy, Pi Impact, J-Impact, TO Ventures and Force Over Mass Capital
Founded in 2014 develops AI-powered concrete management and decarbonisation technology.
Rivan – £10m
Sector: Energy
HQ: London
Round: Growth equity...