Tuesday, November 5, 2024

UK tech funding roundup: This week’s deals from Sunswap to eNOugh

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This week’s UK tech funding deals include clean tech startup decarbonising the cold chain Sunswap and more.

UKTN tracked £17.5m worth of UK tech investment this week (26 August to 30 August), a 70% week-on-week decrease in a particularly slow week of late summer.

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

Sunswap – £17.3m

Sector: Climate tech

HQ: Surrey

Round: Early VC

Funding type: 

Investors: Barclays, Business Growth Fund, Shell Ventures, Dutch Venture Capital, Clean Growth Fund and Move Energy

Founded in 2020, Sunswap manufactures refrigeration systems powered by clean energy.

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ENOugh – £235,700

Sector: Wearable tech

HQ: London

Round: Seed

Funding type: Equity

Investors: PurposeTech VC and angels

Founded in 2022, eNOugh is developing a wearable AI device to monitor user safety when walking alone….

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