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UK tech funding roundup: This week’s deals from Enviromena to HDS

Here’s your weekly roundup of UK tech startup funding deals

Funding roundup

This week’s UK tech funding deals include renewable energy group Enviromena, roadside quality assurance provider HDS and more.

UKTN tracked £1.73bn worth of UK tech investment this week (27 April to 1 May), a 1,574% week-on-week increase across 11 funding rounds.

Here’s your weekly roundup of UK tech startup funding deals.

Enviromena – £825m

Sector: Energy

HQ: Reading

Round: Senior portfolio financing package

Investors: BBVA, Intesa Sanpaolo, Lloyds, NatWest and Societe Generale

Founded in 2007, Enviromena develops renewable energy technology.

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Ineffable Intelligence – £814m

Sector: AI

HQ: London

Round: Seed

Investors: Sovereign AI Unit, British Business Bank, Sequioa, Lightspeed, NVIDIA, Index, Google, EQT, Evantic, Flying Fish, DST Global and BOND

Founded in 2026, Ineffable Intelligence is developing a new generation of algorithms that learn through experience....