This week’s UK tech funding offers embrace subscription-based pet meals model Butternut Field, artificial gas developer Rivan and extra.
UKTN tracked £99.8m value of UK tech funding this week (19 Might to 23 Might), a 57% week-on-week lower throughout 9 funding rounds.
Right here’s your weekly roundup of UK tech startup funding offers.
Butternut Field – £63m
Sector: Meals tech
HQ: London
Spherical: Debt financing facility
Traders: Liquidity
Based in 2016, Butternut Field is a subscription-based tailor-made pet food supplier.
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Converge – £16.3m
Sector: AI/local weather tech
HQ: London
Spherical: Late VC
Traders: ABN AMRO, Local weather Funding, Transfer Power, Pi Impression, J-Impression, TO Ventures and Power Over Mass Capital
Based in 2014 develops AI-powered concrete administration and decarbonisation expertise.
Rivan – £10m
Sector: Power
HQ: London
Spherical: Progress fairness…