This week’s UK tech funding deals include neurodegenerative treatment developer NRG Therapeutics, AI email assistant Fyxer and more.
UKTN tracked £103.2m worth of UK tech investment this week (8 September to 12 September), an 80% week-on-week decrease across five funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
NRG Therapeutics – £50m
Sector: Health tech
HQ: Stevenage
Round: Series B
Investors: SV Health Investors, M Ventures, Novartis Venture Fund, Criteria Bio Ventures, Omega Funds, Brandon Capital and British Business Bank
Founded in 2018, NRG Therapeutics is developing novel treatments for severe neurodegenerative conditions.
Fyxer AI – £22m
Sector: AI
HQ: London
Round: Series B
Investors: Madrona, Lakestar Capital, 20VC, 20Growth and angels
Founded in 2023, Fyxer AI is an AI-powered email and meeting assistant....