This week’s UK tech funding deals include AI hyperscaler company Nscale, interactive 3D model builder Partful and more.
UKTN tracked £251.8m worth of UK tech investment this week (9 December to 13 December), a 70% week-on-week increase across four funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Nscale – £122.5m
Sector: AI
HQ: London
Round: Series A
Investors: Sandton Capital Partners, Kestrel 0x1, Blue Sky Capital Managers Ltd, and Florence Capital
Founded in 2024, Nscale is designing data centre sites to support large supercluster deployments for global hyperscalers and LLM platforms.
Alphawave Semi – £119m
Sector: Semiconductors
HQ: Leeds
Round: Post IPO Convertible
Investors: –
Founded in 2017, Alphawave Semi designs and manufactures silicon-based connectivity solutions for data infrastructure.