This week’s UK tech funding deals include workflow automation platform Edra, cancer diagnostics group Spotlight Pathology and more.
UKTN tracked £53.69m worth of UK tech investment this week (16 March to 20 March), a 97% week-on-week decrease across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Edra – £22.4m
Sector: AI
HQ: London and New York
Round: Series A
Investors: Sequoia, 8VC and A*z
Founded in 2024, Edra is a workflow automation startup.
Tracebit – £15m
Sector: Cybersecurity
HQ: London
Round: Series A
Investors: FirstMark, Accel, MMC Ventures, Tapestry VC and CCL
Founded in 2023, Tracebit is a cyber startup specialising in threat detection for cloud businesses.
Flexzo AI – £8.9m
Sector: SaaS
HQ: Milton Keynes
Round: Series A
Investors: Octopus Ventures and Fuel Ventures...