This week’s UK tech funding deals include online vehicle retail service Carwow, AI-powered savings and investment app Plum, digital recruitment platform Tech1M and more.
UKTN tracked £114.2m worth of UK tech investment this week (22 July to 26 July), a 10% week-on-week decrease across 11 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Carwow – £41m
Sector: Automotive/ecommerce
HQ: London
Round: Series E
Funding type: Equity
Investors: Bessemer Venture Partners, Accel, Balderton, Episode 1, and Vitruvian
Founded in 2013, Carwow is an online marketplace for vehicles.
Sokin – £24m
Sector: Fintech
HQ: London
Round: –
Funding type: Equity
Investors: Morgan Stanley Expansion Capital, Aurum Partners and angels
Founded in 2019, Sokin is an international remittance provider for businesses. It offers payments in over 100 currencies....