This week’s UK tech funding deals include smart electricity startup Ionate, investigation software provider Blackdot Solutions and more.
UKTN tracked £40.2m worth of UK tech investment this week (3 February to 7 February), an 80% week-on-week decrease across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Ionate – £13.6m
Sector: Energy
HQ: London
Round: Series A
Investors: AlbionVC, In-Q-Tel, JGC MIRAI Innovation Fund, Santander InnoEnergy Climate Fund and Antares Ventures.
Founded in 2019, Ionate aims to modernise electrical power grids with its full stack solution that consolidates multiple power system functions into a single, cost-effective device.
Fimple – £9.7m
Sector: Fintech
HQ: London
Round: Series A
Investors: DN Capital, Smartfin, APY Ventures and Tera Portföy
Founded in 2022, Fimple is a cloud-native core banking platform....