This week’s UK tech funding deals include EV battery storage company Zenobe, financial product management platform FintechOS, AI-powered insurtech Intelligent AI and more.
UKTN tracked £487.7m worth of UK tech investment this week (27 May to 31 May), a 31% week-on-week increase, across 14 funding rounds. This week’s tech funding was largely skewed by a £410m debt round for Zenobe.
Here’s your weekly roundup of UK tech startup funding deals.
Zenobe – £410m
Sector: Energy
HQ: London
Round: N/A
Funding type: Debt
Investors: Societe Generale, Aviva, NatWest and Lloyds Bank
Founded in 2017, Zenobe is an international EV fleet and battery storage specialist.
FintechOS – £47.1m
Sector: Fintech
HQ: London
Round: Series B
Funding type: Not disclosed
Investors: Molten Ventures, Cipio Partners, BlackRock, EarlyBird VC, OTB VC and Gapminder VC...