This week’s UK tech funding deals include credit score provider ClearScore, AI logistics startup Relay and more.
UKTN tracked £95.6m worth of UK tech investment this week (24 February to 28 February), a 22% week-on-week decrease across seven funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
ClearScore – £30m
Sector: Fintech
HQ: London
Round: Debt financing
Investors: HSBC
Founded in 2014, ClearScore provides credit reports and access to credit cards and loans.
Relay – £27m
Sector: Logistics
HQ: London
Round: –
Investors: Plural, Project A and Prologis Ventures
Founded in 2022, Relay has developed an AI-powered logistics network to reduce costs and delivery times.
Audiological Science – £12.4m
Sector: Health tech
HQ: London
Round: Growth equity round
Investors: YFM Equity Partners
Founded in 2014, Audiological Science produces hearing aids, tests and other audio health services....