This week’s UK tech funding deals include newly crowned femtech unicorn Flo, financial large language model developer Aveni and flexible energy startup Axle Energy.
UKTN tracked £257.5m worth of UK tech investment this week (29 July to 2 August), a 125.5% week-on-week increase across 15 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Flo – £156m
Sector: Health tech
HQ: London
Round: Series C
Funding type: Equity
Investors: General Atlantic
Founded in 2016, Flo is an app covering every stage of a woman’s health goals. The Flo platform monitors symptoms associated with menstruation, conception, pregnancy and menopause.
Healx – £37m
Sector: Health tech
HQ: Cambridge
Round: Series C
Funding type: Equity
Investors: R42 Group, Atomico, Balderton, Jonathan Milner, Global Brain, btov, Ayana Capital, o2h and VU Venture Partners...