UK Tech Funding Roundup: A Week of Deals and Investments

This week, the UK tech scene witnessed a flurry of funding deals, with a total of £29.5 million invested across 10 rounds. While this marks a 94% decrease from the previous week, it’s still an impressive display of investor confidence in the sector.

Fuuse Leads the Charge with £8.7m Series A Funding

Fuuse, an EV charger software management company based in Lancaster, secured £8.7 million in Series A funding. The investment was led by YFM Equity Partners, Par Equity, and angel investors. Founded in 2021, Fuuse provides EV charging point operators with a white-labelled management platform, offering flexible payments, dynamic pricing, booking controls, and maintenance tracking.

EV charging infrastructure is on the rise

Psyomics Raises £4m for Health Tech Innovation

Psyomics, a health tech startup based in Cambridge, raised £4 million in funding. The company is focused on developing innovative solutions for the healthcare industry.

Health tech is a growing sector in the UK

Other Notable Deals

Other notable deals this week include investments in Human Naative AI, FintechOS, Signapse, and more. These funding rounds demonstrate the diversity and resilience of the UK tech ecosystem.

The UK tech sector continues to attract investment

Conclusion

This week’s funding deals showcase the UK tech sector’s ability to attract investment and drive innovation. As the sector continues to grow, we can expect to see more exciting developments in the coming weeks and months.

The future of UK tech looks bright