This week’s UK tech funding deals include early invoice payment service Revving, frontier AI business Latent Labs and more
UKTN tracked £185.5m worth of UK tech investment this week (10 February to 14 February), a 361% week-on-week increase across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Revving – £107m
Sector: Fintech
HQ: London
Round: Early VC/debt
Investors: DWS
Founded in 2020, Revving is a payment acceleration platform for businesses to receive earned cash faster.
Latent Labs – £40m
Sector: Biotech/AI
HQ: Cheshire
Round: Series A
Investors: Sofinnova Partners, 8VC, Kindred Capital, Isomer Capital, Pillar VC, Radical Ventures, Flying Fish, Aidan Gomez and Mati Staniszewski
Founded in 2023, Latent Labs is a frontier AI lab developing programmable biology products.
IQE – £18m
Sector: Semiconductors...