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UK tech funding roundup: This week’s deals from CoMind to Rightcharge


This week’s UK tech funding deals include brain scanning company CoMind, advanced materials group Immaterial and more.

UKTN tracked £96m worth of UK tech investment this week (20 October to 24 October), a 52% week-on-week decrease across nine funding rounds.

Here’s your weekly roundup of UK tech startup funding deals.

CoMind – £45m

Sector: Health tech

HQ: London

Round: Series A

Investors: Plural, Angelini Ventures, LocalGlobe, Octopus Ventures, Crane Venture Partners, BACKED VC and Entrepreneurs First

Founded in 2018, CoMind has developed a non-invasive brain scanning system.

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Immaterial – £11.5m

Sector: Advanced materials

HQ: Cambridge

Round: Series A2

Investors:SLB, AP Ventures, Moeve, Jogchum Brinksma and Finindus

Founded in 2015, Immaterial is developing monolithic metal-organic frameworks.

Saturn – £11m

Sector: Fintech

HQ: London

Round: Series A

Investors: Singular, Shapers, Y Combinator and Zeno Ventures…



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