This week’s UK tech funding deals include storage software business Stora, Edinburgh health tech spinout Concinnity and more.
UKTN tracked £9.3m worth of UK tech investment this week (ending 20 December 2024) in what is often one of the quietest weeks for funding of the year.
Here’s your weekly roundup of UK tech startup funding deals.
Stora – £1.3m
Sector: SaaS
HQ:Banbridge
Round: Series A
Investors:Investment Fund for Northern Ireland (IFNI).
Stora’s software is designed to help self-storage facilities automate administrative tasks, saving on costs and time and maximising sales.
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Concinnity Genetics – £3m
Sector: Biotech
HQ: Edinburgh
Round: Series A
Investors: Scottish investor Eos Advisory
Founded in 2023, Concinnity Genetics is a spinout developing novel gene therapies with control mechanisms.
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Aurrigo – £5m
Sector: Autonomous vehicle
HQ: Coventry
Round: Capital raise, public markets
Investors: –
The company has developed the Auto-DollyTug, an autonomous baggage and cargo tractor.
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