Thursday, November 7, 2024

UK tech funding roundup: This week’s deals from Dexory to Nesti

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This week’s UK tech funding deals include warehouse robotics company Dexory, novel cancer therapeutics developer Enara Bio, AI supply chain analytics startup Ameba and more.

UKTN tracked 108.6m worth of UK tech investment this week (30 September to 4 October), a 26% week-on-week decrease across 10 funding rounds.

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

Dexory – £60m

Sector: Robotics

HQ: London

Round: Series B

Investors: DTCP, Latitude Ventures, Wave-X and Bootstrap Europe, Atomico, Lakestar, Capnamic and angels

Founded in 2015, Dexory develops fully autonomous robots capable of analysing and generating operational insights for warehouses.

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Enara Bio – £24.7m

Sector: Health tech

HQ: Oxford

Round: Series B

Investors: Pfizer Ventures, M Ventures, Francis Crick Institute, RA Capital, Samsara BioCapital and SV Health Investors

Founded in 2016, Enara Bio develops immunotherapies targeting broad populations of cancer patients

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BMLL – £16m

Sector: Data

HQ: London

Round: Late VC

Investors: IQ Capital, FactSet, Optiver, NASDAQ Ventures, CTC Venture Capital

Founded in 2014, BMLL provides financial institutions with data and analytics of the capital markets.

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Ameba – £5.3m

Sector: AI

HQ: London

Round: Seed

Investors: Hedosophia, Anamcara and Visionaries Club

Founded in 2023, Ameba has developed an AI platform to automate the extraction of data from across supply chains to generate insights into the source and status of products.

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Runware – £2.3m

Sector: AI

HQ: London

Round: Seed

Investors: Lakestar, Andreessen Horowitz, Begin Capital, Lunar Ventures, Zero Prime Ventures

Founded in 2023, Runware is an AI-powered media generator API.

Nesti – £250,000

Sector: AI

HQ: Bristol

Round: Pre-seed

Investors: SFC Capital and angels

Founded in 2024, Nesti is an automated video prospecting tool. With generative AI, the platform replicates sales teams and can create hundreds of personalised videos from a single script to send out to potential clients.

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