This week’s UK tech funding deals include AI operating system Conduct, financial crime compliance platform Flagright and more. UKTN tracked £111.62m worth of UK tech investment this week (15 June to 19 June), a 58% week-on-week decrease across five funding rounds. Here’s your weekly roundup of UK tech startup funding
UKTN
This week’s UK tech funding deals include AI operating system Conduct, financial crime compliance platform Flagright and more.
UKTN tracked £111.62m worth of UK tech investment this week (15 June to 19 June), a 58% week-on-week decrease across five funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
Conduct – £44.72m
Sector: AI
HQ: London
Round: Series A
Investors: Index Ventures, ICONIQ, SAP, Creandum, Lucid Capital and Booom
Founded in 2026, Conduct has developed an “AI operating system” designed to map, understand, and manage legacy custom code, configuration dependencies, and integrations to make complex enterprise IT systems legible and operable for AI agents.
Undo – £27.6m
Sector: AI
HQ: Cambridge
Round: Growth
Investors: Elsewhere Partners
Founded in 2012, Undo develops deterministic program recording technology that captures complete execution history to give autonomous coding agents the precise runtime context they need to diagnose and solve complex software failures.
Monument – £18m
Sector: Fintech
HQ: London
Round: Seed
Investors: Not disclosed
Founded in 2023, Monument Technology provides a cloud-native Banking-Platform-as-a-Service (BPaaS) that integrates proprietary tech with components like Mambu, Salesforce, and Nice Actimize into an end-to-end managed solution for financial institutions.
Frontier Health – £12m
Sector: Health tech / AI
HQ: London
Round: Seed
Investors: Atomico, firstminute capital and XYZ
Founded in 2024, Frontier Health created JUNO, an AI operational teammate deployed across NHS Trusts to forecast clinical capacity pressures, automate administrative workflows, and streamline patient information.
Flagright – £9.3m
Sector: AI / Fintech / Cybersecurity
HQ: London
Round: Series A
Investors: Infinity Ventures, Sella Direct Ventures, Frontline and Y Combinator
Founded in 2021, Flagright builds an AI operating system for financial crime compliance, offering a unified platform that centralises transaction monitoring, watchlist screening, and governance workflows for modern financial institutions.
