This week’s UK tech funding deals include international payments firm Navro, AI-powered defence startup Arondite and more.
UKTN tracked £53.3m worth of UK tech investment this week (28 April to 2 May), an 83% week-on-week increase across eight funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Navro – £30.7m
Sector: Fintech
HQ: London
Round: Series B
Investors: Bain Capital Ventures, Motive Partners, Unusual Ventures and Jump Capital
Founded in 2022, Navro facilitates international payments for businesses.
Arondite –£9m
Sector: AI/defence
HQ: London
Round: Seed
Investors: Index Ventures
Founded in 2023, Arondite aims to use AI to connect disparate security hardware for defence organisations and militaries.
Sprive – £5.5m
Sector: Fintech
HQ: London
Round: Early VC
Investors: Ascension, Channel 4 Ventures, Velocity Capital and Two Magnolias Venture Capital...