This week’s UK tech funding deals include energy brokerage tem, AI synthetic audience generator Electric Twin and more.
UKTN tracked £82.5m worth of UK tech investment this week (9 February to 13 February), a 81% week-on-week decrease (skewed somewhat by the £368m megaround for ElevenLabs last week) across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
tem – £55m
Sector: Energy
HQ: London
Round: Series B
Investors: Lightspeed Ventures, Hitachi Ventures, Voyager Ventures, Schroders Capital, Allianz, AlbionVC, Atomico and Revent
Founded in 2021, tem is a platform that matches buyers with energy suppliers.
Electric Twin – £10m
Sector: AI
HQ: London
Round: Seed
Investors: Atomico, LocalGlobe, Mercuri and Samos Investments and angels
Founded in 2023, Electric Twin is developing AI synthetic audiences for market research....