This week’s UK tech funding deals include API and app security company Approov, financial modelling LLM Tracelight and more.
UKTN tracked £8.6m worth of UK tech investment this week (4 August to 8 August), a significant week-on-week decline during the typically slower period of funding deals in August.
Here’s your weekly roundup of UK tech startup funding deals.
Approov – £5m
Sector: Cybersecurity
HQ: Edinburgh
Round: Series A
Investors: Investment Fund for Scotland (managed by Maven Capital Partners), Souter Investments, Lanza techVentures and Scottish Enterprise
Founded in 2001, Approv develops security systems to test apps and APIs.
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Tracelight – £2.7m
Sector: AI
HQ: London
Round: Seed
Investors: Chalfen Ventures, Acequia Capital, Inovo, EF and angels
Founded in 2024, Tracelight has developed a large language model for financial modelling…
