This week’s UK tech funding deals include photonics-based AI processor developer Oriole Networks, automated contract drafting platform Genie AI, nightlife venue navigation app Where You At and more.
UKTN tracked £37.4m worth of UK tech investment this week (21 October to 25 October) in a fairly slow week for startup funding.
Here’s your weekly roundup of UK tech startup funding deals.
Oriole Networks – £17m
Sector: AI
HQ: London
Round: Series A
Investors: Plural
Founded in 2023, Oriole Networks is using photonics to combine the processing power of multiple AI chips.
Genie AI – £13.3m
Sector: Legal/AI
HQ: London
Round: Series A
Investors: Google Ventures and Khosla Ventures
Founded in 2017, Genie AI is a platform to automate legal contract drafting.
Keel – £4.6m
Sector: Enterprise SaaS
HQ: London
Round: Seed
Investors: Earlybird and LocalGlobe
Where You At – £2.5m
Sector: Safety tech/navigation
HQ: London
Round: Seed
Investors: Tony Mallin
Founded in 2020, Where You At is a navigation tool for crowded hospitality venues.
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