UK tech funding roundup: This week’s offers from Procure AI to Tyten

Editorial Team
1 Min Read


This week’s UK tech funding offers embrace AI procurement and provide chain group Procure AI, automated deal negotiator Monq and extra.

UKTN tracked £32.91m price of UK tech funding this week (24 November to twenty-eight November), a 75% week-on-week lower throughout eight funding rounds.

Right here’s your weekly roundup of UK tech startup funding offers.

Procure AI – £9.8m

Sector: AI

HQ: London

Spherical: Seed

Buyers: Headline, C4 Ventures, Futury Capital and angels

Based in 2021, Procure AI is growing AI-native procurement and provide chain administration expertise.

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StirlingX – £8.3m

Sector: Drones

HQ: London

Spherical: Seed extension

Buyers: RCM Non-public Markets Fund, GALLOS Applied sciences, ONE9 and angels

Based in 2023, StirlingX makes use of drones to seize information intelligence from complicated environments.

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HubBox – £6m

Sector: Ecommerce…

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