This week’s tech funding in the UK saw investments across health, infrastructure, and cybersecurity sectors.
- Semble, a London-based health tech company, secures Series B funding to upgrade clinical systems.
- FYLD attracts late venture capital with its AI platform for infrastructure operations.
- Scalpel AI, emphasizing AI in surgical contexts, garners attention from investors.
- Despite decreased overall investment, these deals highlight ongoing interest in tech advancements.
This week, the UK witnessed significant developments in tech funding, emphasizing various sectors, including health, infrastructure, and cybersecurity. These activities demonstrate a persistent interest in innovation despite a recorded 38% decrease in investments compared to the previous week.
Semble, a health tech company based in London, has successfully closed its Series B funding round. Founded in 2018, Semble focuses on replacing outdated clinical systems with modern solutions, an endeavor supported by investors like Mercia Ventures, Octopus Ventures, Smedvig Ventures, and Triple Point Ventures. Their commitment reflects a growing confidence in technological upgrades in the medical field.
FYLD, another London-based enterprise, is enhancing infrastructure operations through its AI-powered work execution platform. This company, established in 2020, drew attention in its late venture capital round funded by NatWest. FYLD’s platform aims to innovate the visibility and efficiency of daily operations, illustrating the pivotal role AI continues to play in infrastructure advancement.
In the realm of surgical operations, Scalpel AI has emerged as a noteworthy player. The startup employs artificial intelligence to improve surgical precision and outcomes, capturing the interest of the investment community. This highlights a trend towards integrating advanced technologies in healthcare to enhance procedural accuracy.
While the week’s total investment figure of £26.5m marks a decrease in comparison to past weeks, the collected investments in companies like Semble, FYLD, and Scalpel AI point towards an ongoing dedication to technological progress. The funding landscape, although fluctuating, indicates enduring support for tech-driven solutions that promise to revolutionize traditional practices.
The ongoing investments underscore the commitment to fostering innovation across the UK’s tech landscape.
