The Largest European Series C Ever and 18 More Deals | UK Weekly
Last week £1.7bn in venture funding was announced across 19 rounds.
This is the fourth industrial revolution; the world is changing at a rapid pace. Over the next 5 years, AI will be integrated into every industry, every product, and every job. Accelerating drug discovery, extending human life, autonomising travel and robotics, lifting productivity, and driving massive growth. This is leading to the largest infrastructure buildout in human history. Nscale is leading this buildout.
Josh Payne Founder & CEO of NScale on its £1.5bn Series C
The big ones
Hyperscale moment NScale raised a £1.5bn Series C led by Aker ASA and 8090 Industries to build vertically integrated AI infrastructure
Made to measure Isembard landed £37.5m Series A led by Union Square Ventures to manufacture high-precision components for critical industries
Best of the rest
Sell anywhere Outpost unlocked a £13m round led by Ribbit for cross-border payments and tax compliance infrastructure
CCTV with a brain Augur secured a £11.3m seed round led by Plural to protect critical infrastructure and public spaces
Crop hacking Cytotrait raised a £3m seed round led by Northern Gritstone to develop novel genetic traits for crops
Funds on file ILS secured a £2.3m seed round led by Chicago Ventures to automate legal workflows for private investment funds
Sheffield’s silicon valley AmpliSi unlocked £2m pre-seed led by Northern Gritstone and Clean Growth Fund to commercialise silicon anodes for batteries
North East wind Kinewell closed a £750k pre-seed round from Mercia Ventures to accelerate its AI software for offshore wind farm design
Pay-as-you-train SPORTL raised £250k pre-seed to launch its fitness booking app
Next events
📅 Tue 31 March: Soapbox Sessions — Casual drinks for VCs & venture-backed founders in Shoreditch Sign up on Luma
The scout
⏳ 6 months ago
Messium raised £3.3m seed round led by UKI2S and Expansion Aerospace to tackle nitrogen efficiency in farming
uRoutine secured £555k seed round from angel investors to launch AI-powered productivity social network
TERN Group landed £18m Series A led by Notion for its clinical workforce platform to tackle global healthcare staff shortages
⌛ 12 months ago
Mimo raises £6.5m equity funding led by Project A to simplify SME payments, cash flow and financials
Zero Point Motion emerged from stealth with a £4m in funding led by SCVC to revolutionise motion sensing
Cloud Gateway secured £1.5m investment to accelerate its transition to a Network-as-a-Service platform
Now hiring
The hottest roles from the Soapbox UK startup jobs board
Fuse: Full stack energy platform hiring across design and engineering
PolyAI: Developing conversational agents and hiring for various engineers
Full breakdown
Check out the Soapbox platform for every story in UK venture funding
Have we missed a round? Get in touch at submit@soapbox.vc
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