This week’s UK tech funding deals include AI hyperscaler company Nscale, interactive 3D model builder Partful and more.

UKTN tracked £251.8m worth of UK tech investment this week (9 December to 13 December), a 70% week-on-week increase across four funding rounds.

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

Nscale – £122.5m

Sector: AI

HQ: London

Round: Series A

Investors: Sandton Capital Partners, Kestrel 0x1, Blue Sky Capital Managers Ltd, and Florence Capital

Founded in 2024, Nscale is designing data centre sites to support large supercluster deployments for global hyperscalers and LLM platforms.

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Alphawave Semi – £119m

Sector: Semiconductors

HQ: Leeds

Round: Post IPO Convertible

Investors: –

Founded in 2017, Alphawave Semi designs and manufactures silicon-based connectivity solutions for data infrastructure.

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