This week’s UK tech funding deals include cross-border fintech Sokin, AI search engine optimisation company Azoma and more.
UKTN tracked £87.5m worth of UK tech investment this week (1 December to 5 December), a 104% week-on-week increase across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Sokin – £38m
Sector: Fintech
HQ: London
Round: Series B
Investors: Prysm Capital, Watershed Ventures, Morgan Stanley Expansion Capital, Aurum Partners and angels
Founded in 2019, Sokin is a cross-border payments provider for businesses.
Modo Energy – £25m
Sector: Energy
HQ: London
Round: Series B
Investors: Molten Ventures, ETF Partners, MMC Ventures and Fred. Olsen Limited
Founded in 2019, Modo Energy develops software to value electrification assets.
BSF Enterprise – £15m
Sector: Biotech...