This week’s UK tech funding deals include brain scanning company CoMind, advanced materials group Immaterial and more.
UKTN tracked £96m worth of UK tech investment this week (20 October to 24 October), a 52% week-on-week decrease across nine funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
CoMind – £45m
Sector: Health tech
HQ: London
Round: Series A
Investors: Plural, Angelini Ventures, LocalGlobe, Octopus Ventures, Crane Venture Partners, BACKED VC and Entrepreneurs First
Founded in 2018, CoMind has developed a non-invasive brain scanning system.
Immaterial – £11.5m
Sector: Advanced materials
HQ: Cambridge
Round: Series A2
Investors:SLB, AP Ventures, Moeve, Jogchum Brinksma and Finindus
Founded in 2015, Immaterial is developing monolithic metal-organic frameworks.
Saturn – £11m
Sector: Fintech
HQ: London
Round: Series A
Investors: Singular, Shapers, Y Combinator and Zeno Ventures...