This week’s UK tech funding deals include ad-subsidised BNPL firm Zilch, quantum-proof cybersecurity company PQShield, plant-based meat alternative startup THIS and more.
UKTN tracked £288.6m worth of UK tech investment this week (17 June to 21 June), a 107% week-on-week increase across 15 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Zilch – £100m
Sector: Fintech
HQ: London
Round: Securitisation
Funding type: Debt
Investors: Debt securitisation managed by Deutsche Bank
Founded in 2018, Zilch provides ad-subsidised buy now pay later (BNPL) services.
Finbourne – £55m
Sector: Fintech
HQ: London
Round: Series B
Funding type: Equity
Investors: Highland Europe and AVP
Founded in 2016, Finbourne provides asset owners and managers with a platform to track investment performances and conduct compliance duties....