This week saw UK tech funding deals for savings platform Flagstone, electric courier service Packfleet, Hydrogen generator developer Suiso, battery tech firm Anaphite and more.
UKTN tracked £221.7m worth of funding deals for UK tech firms this week (11 March to 15 March), with fintech and energy tech the most represented sectors.
Here’s your weekly roundup of UK tech startup funding.
Flagstone – £108m
Sector: Fintech
HQ: London
Round: Growth VC
Funding type: Equity
Investors: Estancia Capital Partners
Founded in 2015, Flagstone is a savings platform where users can access and maintain multiple finance accounts in a single place. Savers can spread deposits across hundreds of accounts.
PPRO – £73m
Sector: Fintech
HQ: London
Round: Late-stage
Funding type: Debt
Investors: Eurazeo, HPE Growth, Sprints, PayPal Ventures, J.P. Morgan, Citi Ventures and funds managed by Blackrock...