This week’s UK tech funding deals include AI management platform Cloudsmith, synthetic fuel developer Rivan and more. UKTN tracked £103.3m worth of UK tech investment this week (20 April to 24 April), a 35% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals.
UKTN
This week’s UK tech funding deals include AI management platform Cloudsmith, synthetic fuel developer Rivan and more.
UKTN tracked £103.3m worth of UK tech investment this week (20 April to 24 April), a 35% week-on-week increase across eight funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Cloudsmith – £53m
Sector: AI
HQ: Belfast
Round: Series C
Investors: TCV and Insight Partners
Founded in 2016, Cloudsmith is a cloud-native artifact management platform ‘built for the age of AI’.
Rivan – £25m
Sector: Energy
HQ: London
Investors: IQ Capital and Plural
Founded in 2023, Rivan is developing synthetic fuel.
Exergy3 – £10m
Sector: Energy
HQ: Edinburgh
Round: Seed
Investors: Axeleo Capital, Bayern Kapital, Kibo Invest, Scottish Enterprise, Zero Carbon Capital and Old College Capital and the University of Edinburgh…
