This week’s UK tech funding deals include autonomous air defence system developer Cambridge Aerospace, talent-as-a-service marketplace FlairMakers and more.
UKTN tracked £368.52m worth of UK tech investment this week (10 August to 14 August), a 43% week-on-week increase across 10 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Cambridge Aerospace – £222m
Sector: Defence Tech
HQ: Cambridge
Round: Series C
Investors: DFJ Growth, Lux Capital, Accel, Lakestar, Never Lift, Ora Global and Elad Gil & Co
Founded in 2024, Cambridge Aerospace manufactures autonomous air defence systems.
Vertical Aerospace – £74m
Sector: Mobility
HQ: Bristol
Investors: Mudrick Capital Management, Yorkville Advisors Global and existing and new equity investors
Founded in 2016, Vertical Aerospace develops zero-operating-emission piloted electric vertical take-off and landing (eVTOL) aircraft.
Mironid – £34m
Sector: Health Tech
HQ: Glasgow
Round: Series B
Investors: Scottish National Investment Bank, Roche Venture Fund, Epidarex Capital, Sofinnova Partners, BioGeneration Ventures and University of Strathclyde
Founded in 2015, Mironid develops small molecule therapeutics targeting cyclic AMP to treat autosomal dominant polycystic kidney disease (ADPKD).
Mindgard – £22m
Sector: AI / Cybersecurity
HQ: London / Boston
Round: Series A
Investors: Album VC, Karma Ventures, .406 Ventures, Atlantic Bridge, IQ Capital and Lakestar
Founded in 2022, Mindgard develops an automated offensive security and threat assessment platform that tests, red-teams, and protects enterprise AI models and agent networks.
Edgify – £6.7m
Sector: AI
HQ: London
Round: Series A+
Investors: Rank Ventures and Mangrove Capital Partners
Founded in 2020, Edgify provides a distributed edge-computing AI infrastructure layer that trains and deploys computer vision models directly across store devices to prevent retail shrinkage.
Cytix – £5m
Sector: Cybersecurity
HQ: Manchester
Round: Series A
Investors: Northern Gritstone, Auriga Cyber Ventures and NPIF II – PXN Equity Finance
Founded in 2022, Cytix is a change risk management platform that continuously monitors and verifies code generated by AI coding assistants within the software development lifecycle.
Watercycle Technologies – £3m
Sector: Battery Tech
HQ: Manchester
Round: Grant Funding
Investors: UK Government (DRIVE35 Scale Up Fund via Innovate UK and the Advanced Propulsion Centre)
Founded in 2020, Watercycle Technologies develops mineral recovery membrane technology to extract and refine high-purity battery-grade lithium from industrial wastewater and battery recycling streams.
Metal Morph – £700,000
Sector: Climate Tech
HQ: London
Round: Pre-Seed
Investors: Sustainable Ventures, Green Angel Ventures and Ofwat
Founded in 2025, Metal Morph provides circular infrastructure technology designed to capture and recover aluminium and iron-based treatment chemicals from municipal and industrial wastewater streams for immediate reuse.
MatAlytics – £619,000
Sector: AI / Advanced Manufacturing
HQ: Nottingham
Round: Grant Funding
Investors: Innovate UK
Founded in 2024, MatAlytics develops physics-informed AI software to predict thermomechanical behaviour and microstructure changes in steel components.
FlairMakers – £500,000
Sector: Recruitment
HQ: London
Round: Pre-Seed
Investors: SFC Capital and angels
Founded in 2024, FlairMakers operates a talent-as-a-service marketplace platform connecting hospitality operators with vetted freelance professionals while handling compliance, contracts, and scheduling.
