This week’s UK tech funding deals include quantum computing group Quantum Motion, cultured meat company Meatly and more.
UKTN tracked £234m worth of UK tech investment this week (4 May to 8 May), an 86% week-on-week decrease across eight funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Quantum Motion – £117.5m
Sector: Quantum
HQ: London
Round: Series C
Investors: DCVC, Kembara, British Business Bank, Firgun, Oxford Science Enterprises, Inkef, Bosch Ventures, Porsche Automobil Holding SE and Parkwalk Advisors
Founded in 2017, Quantum Motion builds utility-scale quantum computers using industry-standard silicon transistors.
Cytospire Therapeutics – £61m
Sector: Biotech
HQ: London
Round: Series A
Investors: 4BIO Capital, British Business Bank, Servier Ventures, Sound Bioventures, Criteria Bio Ventures, Abingworth, LifeArc Ventures, Modi Ventures, Medical Incubator Japan and Pathway Bioventures...
