UK tech funding roundup: This week’s deals from Enviromena to HDS

This week’s UK tech funding deals include renewable energy group Enviromena, roadside quality assurance provider HDS and more.

UKTN tracked £1.73bn worth of UK tech investment this week (27 April to 1 May), a 1,574% week-on-week increase across 11 funding rounds.

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

Enviromena – £825m

Sector: Energy

HQ: Reading

Round: Senior portfolio financing package

Investors: BBVA, Intesa Sanpaolo, Lloyds, NatWest and Societe Generale

Founded in 2007, Enviromena develops renewable energy technology.

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Ineffable Intelligence – £814m

Sector: AI

HQ: London

Round: Seed

Investors: Sovereign AI Unit, British Business Bank, Sequioa, Lightspeed, NVIDIA, Index, Google, EQT, Evantic, Flying Fish, DST Global and BOND

Founded in 2026, Ineffable Intelligence is developing a new generation of algorithms that learn through experience….