This week’s UK tech funding deals include AI customer support company PolyAI, remote and freelance worker management platform Native Teams, sustainable fintech Ekko and more.
UKTN tracked £99.8m worth of UK tech investment this week (13 May to 17 May), a 95% week-on-week decrease across 12 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
PolyAI – £39.4m
Sector: AI
HQ: London
Round: Series C
Funding type: Equity
Investors: Hedosophia, NVentures, Khosla Ventures and Point72 Ventures
Founded in 2017, PolyAI develops AI voice generation technology for use in customer support centres.
Steel City Interactive – £15m
Sector: Gaming
HQ: Sheffield
Round: Early VC
Funding type: Not disclosed
Investors: Novator Ventures, London Venture Partners and angels
Founded in 2020, Steel City Interactive is a game development studio working on a new title, a boxing game called Undisputed....