This week’s UK tech funding offers embody Scottish most cancers therapeutics firm Trogenix, quantum-resilient encryption agency Sitehop and extra.
UKTN tracked £122.25m value of UK tech funding this week (6 October to 10 October), a 68% week-on-week lower throughout six funding rounds.
Right here’s your weekly roundup of UK tech startup funding offers.
Trogenix – £70m
Sector: Well being tech
HQ: Edinburgh
Spherical: Collection A
Buyers: IQ Capital, Calculus Capital, 4BIO Capital, Eli Lilly, LongeVC, Meltwind, Most cancers Analysis Horizon and Mind Tumor Funding Fund
Based in 2023, Trogenix is creating next-generation most cancers therapies.
Owlstone Medical – £36.5m
Sector: Well being tech
HQ: Cambridge
Spherical: Prize cash
Buyers: Superior Analysis Tasks Company for Well being (US Division of Well being & Human Companies)
Based in 2004, Owlstone Medical has developed an at-home testing machine for the early analysis of most cancers….