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10 UK startups ending Summer on an investment high

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Michael D Beckwith

From science to health, travel to fintech, the UK's startups are an eclectic mix that all ended the Summer on an investment high, showcasing the best of British for the season.

UK startup investments

UK startup investments have seen positive results across the sector board during the closing phases of Summer.

Last August, the top 10 UK startup investments totalled $532 million, representing not only a mature investor market, but clear confidence in the country’s new businesses.

Despite the surrounding chatter, they weren’t all fintech startups either.

Topping the list was Mereo BioPharma Group, a London based speciality pharmaceutical company, who raised its investment from several blue-chip institutional investors totalling $119 million.

It’s mission is to acquire and rapidly develop innovative medicines that have the potential to transform patient quality of life and improve human health by optimizing commercial values of programmes and entering into partner deals at key value inflection points.

The group is led by CEO and cofounder Dr. Denise Scots-Knight.

The other UK startup investments lead that surpassed $100 million was another science based startup called Oxford Nanopore Technologies.

The startup identifies molecules and acts upon that information using its nano-scale hole technologies and has been operating since 2005.

Deliveroo continues its successful year with another Series round led by Index Ventures and Greenoaks Capital, following on from a $25 million investment round in January this year from Accel.

The delivery company is focused on marketing, selling and delivering restaurant meals to the household or office using its optimized technology platform.

UK startup investments continued to act positively in other sectors, namely, the travel industry with Secret Escapes.

This most recent round of $60 million represents its largest round of funding thus far, bringing its total to $72.9 million in 4 years.

The exculsive, members only travel club was also behind dealchecker.co.uk and was founded by Tom Valentine, Alex Saint and Troy Collins.

To view the rest of the top 10 UK startup investments for August, see the list above.

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