Britain's Quantum Leap, Cancer Breakthroughs and Fast Charging — UK Weekly
Last week £471m in venture funding was announced across 18 startups.
Quantum is critical infrastructure for the next century of computing, AI, and security, and leadership will go to whoever can industrialise it.
Partner at DCVC, on leading Quantum Motion's £120m Series C
The big ones
Quantum on chips Quantum Motion announced its £120m Series C led by DCVC and Kembara to build silicon quantum computers using standard chip manufacturing
Redirecting self-defence Cytospire Therapeutics secured £61m Series A led by 4BIO Capital for cancer therapies that activate the body’s immune cells
Powering up Nyobolt raised £44m in funding led by Symbotic to build ultra-fast charging batteries for autonomous machines and data centres
Best of the rest
Crypto interest OpenTrade unlocked £12.5m in funding led by Mercury Fund and Notion Capital to power stablecoin yield products for neobanks and crypto platforms
Startup encyclopedia Beauhurst secured £7m in funding from Palatine Growth Credit to expand private company data platform
The founder’s agent CodeWords landed a £6.6m seed round led by Visionaries for AI agents that build and run business workflows automatically
Doctor on demand Asterix Health raised a £2.1m pre-seed round led by Triple Point for remote GP workforce platform for NHS primary care
Less power, more memory Quinas Technology announced funding from Malta Government Venture Capital for ultra-low power semiconductor memory technology
⌄ Full breakdown below ⌄
The scout
⏳ 6 months ago
Vigilant AI secured £600k pre-seed round led by Haatch to build AI teammates for regulated businesses
ClearStake landed £1.5m seed round to solve gaming financial vulnerability checks and customer ID
Cambridge Photon Technology raised £1.6m in funding led by Cambridge Enterprise to turn unused light into usable power
⌛ 12 months ago
Doubleword raised £9m Series A led by Dawn Capital to make self-hosted AI inference effortless for enterprises
Tended raised £2m led by Praetura Ventures to expand geofencing rail safety tech internationally
Gardin unlocked a £3.4m seed round led by Navus to scale real-time photosynthesis sensor for precision agriculture
Next events
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Now hiring
The hottest roles from the Soapbox UK startup jobs board
Quantum Motion: Quantum computing startup hiring various engineering roles
Runware: Media generation platform hiring across all departments
Dex: Intelligent recruitment platform hiring across engineering and marketing
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Full breakdown
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