Home » UK tech funding roundup: This week’s deals from CN Bio to Sorted

UK tech funding roundup: This week’s deals from CN Bio to Sorted

This week’s UK tech funding deals include drug discovery company CN Bio, AI forest mapping platform Treefera, generative AI insurtech assistant PeppercornAI and more.

UKTN tracked £45m worth of tech funding deals this week (15 April to 19 April), a 77% week-on-week decrease.

Here’s your weekly roundup of UK tech startup funding.

CN Bio – £17m

Sector: Health tech

HQ: Cambridge

Round: Series B

Funding type: Equity

Investors: Bayland Capital, CN Innovations Holdings

Founded in 2008, CN Bio is a drug discovery company that specialises in organ-on-chip tech, a process in which tissues are grown inside chips to mimic human physiology.

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Treefera – £12m

Sector: Climate tech

HQ: London

Round: Series A

Funding type: Equity

Investors: AlbionVC

Founded in 2022, Treefera is an AI platform that provides forest mapping data for the carbon offset industry.

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Glen Clova Scientific – £4m

Sector: Health tech

HQ: Glasgow

Round: Seed

Funding type: Equity

Investors: Norcliffe Capital

Founded in 2022, Glen Clova Scientific is a University of Dundee spinout developing treatments for chronic inflammatory and autoimmune conditions.

PeppercornAI – £3.25m

Sector: Insurtech

HQ: Cardiff

Round: Seed

Funding type: Equity

Investors: Wealth Club, EHE and Angels Invest Wales

Founded in 2020, PeppercornAI is a conversational artificial intelligence tool to guide people through the process of buying insurance.

Hyble – £2.8m

Sector: Marketing tech

HQ: Edinburgh

Round: Growth equity round

Funding type: Equity

Investors: Business Growth Fund

Founded in 2001, Hyble provides a suite of software tools for hospitality companies to launch marketing campaigns.

Camion – £2.3m

Sector: Mobility

HQ: London

Round: Pre-seed

Funding type: Equity

Investors: EQT Ventures, First Look Capital and RitMir Ventures

Founded in 2023, Camion is aiming to support the rollout of EV charging infrastructure by providing developers with key data showing the best locations.

Blue Skies Space – £2m

Sector: Space tech

HQ: London

Round: Seed

Funding type: Equity

Investors: SPARX Group, SFC Capital

Founded in 2014, Blue Skies Space is currently working towards the launch of Mauve a satellite equipped with sensors to measure ultraviolet wavelength in stars.

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Sorted – £1.65m

Sector: Climate tech

HQ: London

Round: Seed

Funding type: Equity

Investors: Pi Labs, Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect and Antler

Founded in 2022, Sorted’s technology uses computer vision and spectroscopy to identify recyclable items at waste facilities.

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