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UK tech funding roundup: This week’s deals from Zilch to Freeaim

UK funding tech
Image credit: Zilch

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.

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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....