June 2022

CloudNC Raises £36.7m in Series B Funding to Revolutionize Manufacturing with Autonomous Software

CloudNC, a London-based company that develops software for factories to autonomously create components, has raised £36.7m ($45m) in a Series B funding round. The funding was led by Autodesk and included additional investments from British Patient Capital, Lockheed Martin, and previous venture capital backers Atomico, Episode 1 Ventures and QVentures. The company plans to use […]

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UK Tech Firms Raise Record £12.4bn in 2022 Despite Slowing Private Investment Markets

More than 950 UK tech companies have raised a combined £12.4bn in the first five months of 2022, making the UK the second-largest country globally for tech investment behind only the US. The UK tech firms raised a record £9bn in the first quarter of the year, up from the £6.3bn raised in the first

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