This week’s UK tech funding deals include Cambridge-founded quantum computing giant Quantinuum, diagnostics firm Cyted Health and more.
UKTN tracked £507.2m worth of UK tech investment this week (1 September to 5 September), a 475% week-on-week increase driven largely by the megaround secured by Quantinuum.
Here’s your weekly roundup of UK tech startup funding deals.
Quantinuum – £445.6m
Sector: Quantum
HQ: Cambridge/Colorado
Round: Late VC
Investors: NVentures, Quanta Computer, QED Investors as well as existing shareholders JPMorganChase, Mitsui, Amgen, Cambridge Quantum Holdings, Serendipity Capital and Honeywell
Founded in 2021, Quantinuum is a full-stack quantum computing company.
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Cyted Health – £30m
Sector: Health tech
HQ: Cambridge
Round: Series B
Investors: EQT Life Sciences, Advent Life Sciences, British Business Bank, Morningside and BGF
Founded in 2016, Cyted Health specialises in gastrointestinal molecular diagnostics….
