This week’s UK tech funding deals include quantum computing group Nu Quantum, embedded finance fintech CapRelease and more.
UKTN tracked £123.55m worth of UK tech investment this week (8 December to 12 December), a 45% week-on-week increase across eight funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Nu Quantum – £45m
Sector: Quantum
HQ: Cambridge
Round: Series A
Investors: National Grid Partners, Gresham House Ventures, Morpheus Ventures, Amadeus Capital Partners, IQ Capital, Ahren Capital, Cambridge Enterprise Ventures, East Innovate, NSSIF and Sumitomo (Presidio Ventures)
Founded in 2018, Nu Quantum is developing fault-tolerant quantum computing technology.
CapRelease – £27m
Sector: Fintech
HQ: London
Round: Combined debt and equity investment
Investors: Partners for Growth
Founded in 2023, CapRelease provides flexible capital to ecommerce firms....