Friday, November 15, 2024

UK tech funding roundup: This week’s deals from Tessl to Coopah

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This week’s UK tech funding deals include AI-native platform Tessl, microplastics replacement startup Naturbeads, running app Coopah and more.

UKTN tracked £131.2m worth of UK tech investment this week (11 November to 15 November), a 710% week-on-week increase across eight funding rounds.

Here’s your weekly roundup of UK tech startup funding deals.

Tessl – 98.6m

Sector: AI

HQ: London

Round: Seed + Series A

Investors: Accel, Index Ventures, GV and Boldstart Ventures

Founded in 2024, Tessl is developing an “AI-native” platform to help developers and teams create, maintain, and update software code.

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Cogna – £11.8m

Sector: SaaS

HQ: London

Round: Series A

Investors: Notion Capital, Hoxton Ventures and Chalfen Ventures

Founded in 2023, Cogna is a ‘precision solutions provider’ that uses AI to automate the IT consultancy process….

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