This week’s UK tech funding deals include AI customer service agent developer PolyAI, consumer tech firm Nothing and more.
UKTN tracked £153.95m worth of UK tech investment this week (15 December to 19 December), a 25% week-on-week increase across nine funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
PolyAI – £64.3m
Sector: AI
HQ: Cambridge
Round: Series D
Investors: British Business Bank, Georgian, Hedosophia, Khosla Ventures, with additional investment from NVentures (NVIDIA’s VC arm), Sands Capital, Squarepoint Ventures, Citi Ventures, and Point72 Ventures
Founded in 2017, PolyAI develops AI voice agents for customer service.
Fuse Energy – £52.3m
Sector: Energy
HQ: London
Round: Late VC
Investors: Balderton Capital and Lowercarbon Capital
Founded in 2022, Fuse is a source to socket energy provider...