This week’s UK tech funding deals include Scottish cancer therapeutics company Trogenix, quantum-resilient encryption firm Sitehop and more.
UKTN tracked £122.25m worth of UK tech investment this week (6 October to 10 October), a 68% week-on-week decrease across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Trogenix – £70m
Sector: Health tech
HQ: Edinburgh
Round: Series A
Investors: IQ Capital, Calculus Capital, 4BIO Capital, Eli Lilly, LongeVC, Meltwind, Cancer Research Horizon and Brain Tumor Investment Fund
Founded in 2023, Trogenix is developing next-generation cancer therapies.
Owlstone Medical – £36.5m
Sector: Health tech
HQ: Cambridge
Round: Prize money
Investors: Advanced Research Projects Agency for Health (US Department of Health & Human Services)
Founded in 2004, Owlstone Medical has developed an at-home testing device for the early diagnosis of cancer….
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