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UK tech funding roundup: This week’s deals from Quantexa to Ocean Ledger

Here’s your weekly roundup of UK tech startup funding deals

UK tech funding roundup
Image credit: alexgo.photography / Shutterstock

This week’s UK tech funding deals include AI data intelligence platform Quantexa, biomaterials developer Epoch Biodesign and more.

UKTN tracked £200.3m worth of UK tech investment this week (3 March to 7 March), a 110% week-on-week increase across seven funding rounds.

Here’s your weekly roundup of UK tech startup funding deals.

Quantexa – £135.5m

Sector: AI

HQ: London

Round: Series F

Investors: HSBC, Warburg Pincus, Ontario Teachers’ Pension Plan, BNY Mellon, Evolution Equity Partners, Dawn Capital and AlbionVC

Founded in 2016, Quantexa has built a Decision Intelligence platform that unifies siloed data to solve challenges across data management.

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Trimtech Therapeutics – £25m

Sector: Health tech

HQ: Cambridge

Round: Seed

Investors: Cambridge Innovation Capital, SV Health Investors, Pfizer Ventures, M Ventures, Eli Lilly and Company, MP Healthcare Venture Management, Cambridge Enterprise Ventures, and Start Codon...