This week’s UK tech funding offers embody, for the second week in a row, AI infrastructure firm Nscale in addition to sustainable aviation gas group OXCCU and extra.
UKTN tracked £388.7m value of UK tech funding this week (29 September to three October), a 59% week-on-week lower throughout six funding rounds.
Right here’s your weekly roundup of UK tech startup funding offers.
Nscale – £320m
Sector: Knowledge centres
HQ: London
Spherical: Pre-Sequence C SAFE
Traders:Nvidia, Constancy Investments, Aker ASA, Dell Applied sciences Capital, Nokia Ventures, Sandton Capital Companions, G Squared, Point72, Blue Owl Capital and T Capital
Based in 2024, Nscale builds and operates infrastructure for AI workloads.
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Easy Life – £26m
Sector:
HQ: London
Spherical: Sequence A
Traders: HartBeat Ventures and Liquidity
Based in 2019, Easy Life is a well being and health app that includes a generative AI assistant….