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.
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....