This week’s UK tech funding deals include Oscar-winning visual effects firm DNEG, AI-powered architectural diagram-generating tool Gendo, ecommerce analytics firm Vortex IQ and more.
UKTN tracked £265.3m worth of UK tech investment this week (1 July to 5 July), an 86% week-on-week increase across 10 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
DNEG – £158m
Sector: VFX
HQ: London
Round: Post-IPO equity round
Funding type: Equity
Investors: United Al Saqer Group – backed by the United Arab Emirates royal family
Founded in 1998, DNEG is an Oscar-winning visual effects studio that develops CGI for the entertainment industry.
PortSwigger – £88m
Sector: Cybersecurity
HQ: Cheshire
Round: Growth equity VC
Funding type: Equity
Investors: Brighton Park Capital
Founded in 2008, PortSwigger is a suite of security tools to test the vulnerability of digital systems....