This week’s UK tech funding deals include AI engineering platform PhysicsX, tax software platform Record OS and more.
UKTN tracked £266.48m worth of UK tech investment this week (08 June to 12 June), a 44% week-on-week decrease across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
PhysicsX – £225m
Sector: AI / Deep tech
HQ: London
Round: Series C
Investors: Temasek, M&G Investments, Intrepid Growth Partners, Applied Materials, Atomico, General Catalyst, July Fund, NGP, NVIDIA, Radius and Siemens
Founded in 2020, PhysicsX develops an AI-native physics simulation and engineering platform built to predict physical behaviour in seconds, accelerating hardware innovation across aerospace, defence, semiconductors, and automotive manufacturing.
NewOrbit – £13.9m
Sector: Space Tech
HQ: London
Round: Series A
Investors: Voyager Ventures, Custos, Atlantic.vc, Lifeline Ventures, LGF, Illusian and angels
Founded in 2025, NewOrbit manufactures commercial satellites designed specifically for Very Low Earth Orbit (VLEO) to provide drone-resolution imagery and direct-to-phone connectivity at a lower cost.
Capsa AI – £13.4m
Sector: AI / Fintech
HQ: London / New York
Round: Series A
Investors: TX Ventures, Pivot Investment Partners, Bek Ventures, Antler, Outward VC, Cornerstone VC and angels
Founded in 2024, Capsa AI builds an AI operating system for private capital funds that automates data indexing, due diligence, and portfolio monitoring across manual documents, emails, and spreadsheets.
01Health – £11.2m
Sector: Healthtech / Medtech
HQ: London
Round: Series A
Investors: Gresham House Ventures, Balderton Capital, Eka Ventures, Wavemaker360 and angels
Founded in 2022, 01Health is building a unified clinical technology infrastructure that connects medical practices with remote specialist care, AI tooling, and monitoring systems to expand regional patient access to specialist healthcare treatments.
Enera – £1.49m
Sector: AI / EVs
HQ: London
Round: Pre-Seed
Investors: Lakehouse Ventures, Divergent Capital, Masia and angels
Founded in 2025, Enera develops white-labelled AI agents and control room monitoring software for electric vehicle charge point operators to detect and resolve failed charging sessions in real time.
Record OS – £1.49m
Sector: Fintech
HQ: London
Round: Pre-Seed
Investors: Episode 1 and angels
Founded in 2026, Record OS operates a tax self-assessment and digital filing platform built for freelancers, sole traders, and landlords navigating the UK’s Making Tax Digital compliance regulations.
