This week’s UK tech funding deals include AI hyperscaler Nscale, crop gene editing group Tropic and more.
UKTN tracked £1.64bn worth of UK tech investment this week (9 March to 13 March), a 1,553% week-on-week increase, driven heavily by the enormous round raised by Nscale, across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Nscale – £1.5bn
Sector: Data centres
HQ: London
Round: Series C
Investors: Aker ASA, 8090 Industries, Nvidia, Dell Technologies, Lenovo, Citadel, Jane Street, Nokia and Point72
Founded in 2023, Nscale is a hyperscaler that develops data centres specialised for AI.
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Tropic – £79.2m
Sector: Agtech
HQ: Norwich
Round: Series C
Investors: Forbion, Corteva, Just Climate. IQ Capital, ABN Amro and Invest International, Temasek, Five Seasons Ventures, Sucden Ventures, Genoa Ventures and Polaris Partners…
