This week’s UK tech funding deals include generative AI legal tech platform Luminance, blockchain-based real estate platform Coadjute and more.
UKTN tracked £51.9m worth of funding deals this week (01 April to 05 April), a 67% week-on-week increase in value albeit with a lower volume of deals.
Here’s your weekly roundup of UK tech startup funding.
Luminance – £31.8m
Sector: AI/legal tech
HQ: Cambridge/London
Round: Series B
Funding type: Equity
Investors: March Capital, National Grid Partners and Slaughter and May
Founded in 2015, Luminance is a generative AI tool designed to automate legal processes. Luminance can generate, analyse and negotiate contracts and other legal documents.
Coadjute – £10m
Sector: Proptech
HQ: London
Round: N/A
Funding type: Equity
Investors: Lloyds Banking Group, Nationwide, NatWest and Rightmove …
