This week’s UK tech funding deals include AI scientific research lab Inherent, biomaterials company Mykor and more.
UKTN tracked £102.7m worth of UK tech investment this week (25 May to 29 May), a 20% week-on-week decrease across six funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Inherent – £37.2m
Sector: AI
HQ: London
Round: Stealth
Investors: Index Ventures
Founded in 2026, Inherent is an AI research lab building an AI system named “Faraday” that aims to reinvent the scientific method.
Orbital – £37.2m
Sector: AI
HQ: London
Round: Series B
Investors: Plural, NVentures, Radical Ventures, Compound and Fly Ventures
Founded in 2022, Orbital designs, engineers and manufactures physical infrastructure using AI to accelerate how new technologies are discovered and brought to market.
MokN – £11m
Sector: Cybersecurity
HQ: London
Investors: Google Ventures, DataDog, Moonfire, OVNI Capital and angels
Founded in 2025, MokN specialises in anti-credential theft cybersecurity, building autonomous defensive tools to prevent account compromises and identity-based cyberattacks.
Perceptic – £9m
Sector: AI / Health tech
HQ: London
Round: Seed
Investors: Accel, Air Street Capital and Elder Gull
Founded in 2025, Perceptic develops a unified AI platform to optimise drug discovery.
Caudal Energy – £4.3m
Sector: Clean Energy / Maritime
HQ: Oxford
Round: Seed
Investors: Oxford Science Enterprises (OSE), Empirical Ventures, Zero Carbon Capital and Creator Fund
Founded in 2024, Caudal Energy is developing a modular, surface-mounted, fin-based tidal energy platform built to efficiently capture power from predictable mid-flow tidal environments.
Mykor – £4m
Sector: Climate Tech / Biotech
HQ: Bristol
Investors: Clean Growth Fund, British Business Bank (South West Investment Fund) and Innovate UK
Founded in 2021, Mykor uses engineered mycelium strains and biofabrication technologies to transform agricultural and industrial waste into low-carbon insulation and prefabricated construction materials.
