This week’s UK tech funding deals include AI 3D content generation startup Rival, hospitality CRM platform developer Embargo and more.
UKTN tracked £6.05m worth of UK tech investment this week (24 March to 28 March), an 90% week-on-week decrease across three funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Rival – £3.2m
Sector: AI
HQ: London
Round: Seed
Investors: Speedinvest, New Renaissance Ventures and angels
Founded in 2023, Rival is a 3D content generation platform.
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Ethos – £2.5m
Sector: AI
HQ: London
Round: Seed
Investors: General Catalyst, 8VC, Interface Capital, Conviction Partners and Common Magic
Founded in 2023, Ethos is a startup using AI to disrupt the consultancy and recruitment sectors.
Embargo – £350,000
Sector: Hospitality/AI
HQ: London
Round: Grant
Investors: Innovate UK
Founded in 2017, Embargo is a CRM, loyalty and ordering platform serving over 2,000 hospitality SMEs….