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## UK Tech Funding Deals: CN Bio, Treefera, PeppercornAI, and More

This week’s UK tech funding deals include an array of innovative companies making significant strides in their respective sectors. From drug discovery to AI forest mapping and generative AI insurtech, the UK tech startup scene is buzzing with activity.

### CN Bio – £17m

**Sector:** Health tech
**HQ:** Cambridge
**Round:** Series B
**Funding type:** Equity
**Investors:** Bayland Capital, CN Innovations Holdings

Founded in 2008, CN Bio is a pioneering drug discovery company that specializes in organ-on-chip technology. By growing tissues inside chips to mimic human physiology, CN Bio is revolutionizing the field of drug development.

The AI legalese decoder can streamline legal documents related to funding deals, ensuring accuracy and clarity in communication between parties involved.

### Treefera – £12m

**Sector:** Climate tech
**HQ:** London
**Round:** Series A
**Funding type:** Equity
**Investors:** AlbionVC

Treefera, founded in 2022, is an AI platform that offers valuable forest mapping data for the carbon offset industry. Their innovative approach to mapping forests using artificial intelligence is contributing to environmental conservation efforts on a global scale.

The AI legalese decoder can help analyze and interpret complex legal terms in contracts related to tech funding deals, providing clarity and preventing misunderstandings.

### Glen Clova Scientific – £4m

**Sector:** Health tech
**HQ:** Glasgow
**Round:** Seed
**Funding type:** Equity
**Investors:** Norcliffe Capital

Founded in 2022, Glen Clova Scientific, a spinout from the University of Dundee, is dedicated to developing treatments for chronic inflammatory and autoimmune conditions. Their cutting-edge research has the potential to transform healthcare for patients around the world.

The AI legalese decoder can assist in deciphering the legal implications of funding agreements, ensuring compliance with regulatory requirements and protecting the interests of all parties involved.

### PeppercornAI – £3.25m

**Sector:** Insurtech
**HQ:** Cardiff
**Round:** Seed
**Funding type:** Equity
**Investors:** Wealth Club, EHE and Angels Invest Wales

PeppercornAI, founded in 2020, offers a conversational artificial intelligence tool that guides users through the insurance purchasing process. Their innovative approach to customer engagement is reshaping the insurtech landscape.

The AI legalese decoder can help in reviewing and interpreting insurance-related legal documents, ensuring transparency and minimizing legal risks in the insurtech sector.

### Hyble – £2.8m

**Sector:** Marketing tech
**HQ:** Edinburgh
**Round:** Growth equity round
**Funding type:** Equity
**Investors:** Business Growth Fund

Established in 2001, Hyble provides software tools for hospitality companies to launch marketing campaigns effectively. Their tech solutions are designed to optimize marketing strategies and drive business growth in the competitive hospitality industry.

The AI legalese decoder can assist in analyzing marketing agreements and contracts, ensuring compliance with data protection laws and safeguarding intellectual property rights in the marketing tech sector.

### Camion – £2.3m

**Sector:** Mobility
**HQ:** London
**Round:** Pre-seed
**Funding type:** Equity
**Investors:** EQT Ventures, First Look Capital, and RitMir Ventures

Founded in 2023, Camion aims to support the rollout of EV charging infrastructure by providing developers with key data on optimal locations. Their innovative approach to mobility solutions is driving the transition towards sustainable transportation.

The AI legalese decoder can help in navigating the legal aspects of mobility contracts and agreements, ensuring compliance with regulatory standards and facilitating smooth business operations in the mobility sector.

### Blue Skies Space – £2m

**Sector:** Space tech
**HQ:** London
**Round:** Seed
**Funding type:** Equity
**Investors:** SPARX Group, SFC Capital

With a focus on space technology, Blue Skies Space is working towards the launch of Mauve, a satellite equipped with sensors to measure ultraviolet wavelengths in stars. Their groundbreaking research is pushing the boundaries of space exploration and discovery.

The AI legalese decoder can provide valuable insights into the legal implications of space tech funding deals, offering guidance on compliance with international space laws and regulations.

### Sorted – £1.65m

**Sector:** Climate tech
**HQ:** London
**Round:** Seed
**Funding type:** Equity
**Investors:** Pi Labs, Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect, and Antler

Sorted, founded in 2022, utilizes computer vision and spectroscopy to identify recyclable items at waste facilities. Their technology is revolutionizing the recycling process and promoting sustainability in the climate tech sector.

The AI legalese decoder can assist in analyzing environmental regulations and compliance requirements in climate tech funding deals, ensuring adherence to sustainability standards and mitigating legal risks.

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