This week’s UK tech funding deals include AI material discovery company CuspAI, biomaterial developer Ponda and more.
UKTN tracked £565.3m worth of UK tech investment this week (20 July to 24 July), a more than 400% week-on-week increase across 11 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
CuspAI – £334m
Sector: AI
HQ: Cambridge
Round: Series B
Investors: Kleiner Perkins, NEA, Bezos Expeditions, Glade Brook Capital Partners, Lux Capital, AMD Ventures, Tru Arrow Partners, StepStone, Britain’s Sovereign AI Venture Fund, Invest-NL and John Doerr
Founded in 2024, CuspAI is building an AI platform for materials discovery and operates the AI Materials Foundry to evaluate, optimise, and synthesise novel molecular structures.
Humanoid – £114m
Sector: AI / Robotics
HQ: London
Round: Series A
Investors: Prime Movers Lab, Schaeffler, Bosch, Fubon Financial Holding Venture Capital and Aglaé Ventures
Founded in 2024, Humanoid builds wheel-based industrial humanoid robots and physical AI platforms designed for customer facility deployments across logistics, manufacturing, and retail.
Greenjets – £30m
Sector: Aerospace / Defence Tech
HQ: Bedford
Round: Series A
Investors: Blossom Capital, NATO Innovation Fund (NIF), National Security Strategic Investment Fund (NSSIF), Tanglin Ventures and NSFO Family Office
Founded in 2022, Greenjets manufactures advanced propulsion systems, aircraft platforms, and launch technologies to provide affordable defensive capabilities for aviation.
Arrakis – £22.5m
Sector: AI
HQ: London
Round: Series A
Investors: Blossom Capital, Accel, GFC, MainObject, Rerail and angels
Founded in 2026, Arrakis develops model-agnostic autonomous AI agents that deploy into enterprise IT systems to automate non-desk operational workflows across aerospace, energy, manufacturing, and logistics.
Moa Technology – £22.2m
Sector: Agtech
HQ: Oxford
Round: Series C
Investors: Oxford Science Enterprises, Supernova Invest, Agri Investment Fund, GrainInnovate, Infinity Investment Partners, Magdalen College Oxford, Lansdowne Partners, Parkwalk Advisors and Oxford University Innovation
Founded in 2017, Moa Technology utilises high-throughput discovery platforms to identify novel mode-of-action herbicides that break weed resistance and protect crop yields.
TidalSense – £14.2m
Sector: Health tech
HQ: Cambridge
Investors: Cross-Border Impact Ventures, BGF, Airstream Capital and Foresight Group
Founded in 2013, TidalSense has developed N-Tidal Diagnose, a handheld AI-powered respiratory diagnostic device.
Modo Energy – £12.7m
Sector: AI / Energy
HQ: London
Investors: CIBC Innovation Banking
Founded in 2019, Modo Energy provides an AI-powered benchmarking and valuation platform for battery storage and renewable energy assets, featuring an AI analyst tool named Ko.
Yope – £9.2m
Sector: Social media
HQ: London
Round: Pre-Series A
Investors: Northzone, Inovo, Redseed and Geek Ventures
Founded in 2021, Yope operates a private, algorithm-free photo and video sharing platform designed around close-friend groups.
Xentra – £2.7m
Sector: Cybersecurity
HQ: Leeds
Investors: Maven Capital Partners
Founded in 2020, Xentra specialises in subscription-based managed cybersecurity, digital compliance, and safeguarding services for enterprise and education clients.
Ossprey – £2m
Sector: Cybersecurity
HQ: London
Round: Pre-Seed
Investors: Episode 1 Ventures, Osney Capital and Octopus Ventures
Founded in 2024, Ossprey has built continuous scanning technology that inspects open-source software dependencies to detect and block malicious code before it reaches production environments.
Ponda – £1.8m
Sector: Fashion Tech
HQ: Bristol
Round: Seed
Investors: Faber VC, Counteract, PDS Ventures, Evenlode Impact and the Royal College of Art
Founded in 2020, Ponda has developed BioPuff, a plant-based insulation biomaterial crafted from regenerative wetland crops grown on restored peatlands.