Tuesday, November 5, 2024

UK tech funding roundup: This week’s deals from Constructive Bio to Desia

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This week’s UK tech funding deals include genomic synthesis startup Constructive Bio, Bristolian battery tech group Anaphite, ecommerce tool provider Simpler and more.

UKTN tracked £146.5m worth of UK tech investment this week (23 September to 27 September), a 176% week-on-week increase across 10 funding rounds.

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

Constructive Bio – £43.3m

Sector: Biotech

HQ: Cambridge

Round: Series A

Investors: Ahren, OMX Ventures, Paladin Capital Group, Fine Structure Ventures, +ND Capital and angels

Founded in 2021, Constructive Bio is developing programmable molecules through its genomics synthesis process.

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Raycast – £22.5m

Sector: Software

HQ: London

Round: Series B

Investors: Atomico, Accel, Coatue, Y Combinator, Atlassian Ventures, World Innovation Lab and angels

Founded in 2020, Raycast is a workflow management software platform….

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