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15th March 2024 - 0 comments

Action needed to stop stagnation in UK R&D investment

New data released by  the National Centre for Universities and Business (NCUB), demonstrates a worrying trend. Private research and development (R&D) investment fell by 0.4% in real terms to £49.9 billion in 2022 compared to 2021. This drop comes at a time when the Government is trying to ramp up R&D investment as its central plan for economic growth.

15th March 2024 - 0 comments

Angel-backed Solivus wins major solar PV contract with bp

Solivus, a pioneering developer of lightweight solar solutions has been awarded a 3-year contract for the engineering, procurement, construction, and installation of PV Solar Systems for bp and its customers following a rigorous and competitive commercial bid process. The purpose of the contract is for Solivus’ innovative rooftop solar technology to be included in bp's integrated energy solution portfolio.

15th March 2024 - 0 comments

Catalyst & Techstart announce £50,000 Proof of Concept grants

Following on from the success of last year’s partnership, Catalyst and Techstart Ventures are teaming up again to offer five inspiring entrepreneurial teams who participate in Catalyst’s Co-Founders programme the chance to win a £10,000 proof of concept grant each.

15th March 2024 - 0 comments

Vawlt receives €2.15m from existing and new investors

PORTUGAL: Vawlt Technologies, the visionary start-up in the global long-term data storage market, has raised additional €2.15 million round of funding. 

Vawlt secured a total of three new investors, with Lince Capital as the round leader, and Basinghall and Beta Capital listing as the other two new joiners. This latest funding round also includes participation from Vawlt’s existing investors Armilar Venture Partners and Shilling VC, as well as further investment from two former Cisco and OVHcloud executives.

15th March 2024 - 0 comments

Greater London Investment Fund backs 159 SMEs with £87.8m of investments

Funding London, the successful early-stage institutional investor bridging the funding gap for London-based SMEs, jhas reached the end of the investment period for its fund of funds, Greater London Investment Fund (GLIF).

15th March 2024 - 0 comments

Jetbio commercialises its groundbreaking 3D bioprinting

Newcastle University spinout Jetbio is introducing 3D bioprinting products in the global multi-billion-dollar 3D bioprinting market for drug discovery, tissue engineering and regenerative medicine.

15th March 2024 - 0 comments

Oxford University Innovation to back more female founders

Oxford University Innovation proposes a new target to increase the proportion of women founders or co-founders from 15 per cent in 2015-16 to 50 per cent by 2030.

The University of Oxford’s Increasing Diversity in Enterprising Activities (IDEA) initiative aims to promote inclusivity in entrepreneurial activities, first tackling the under-representation of women in entrepreneurship. Over the past eight years, the proportion of women founders and co-founders of spinout companies at the University of Oxford has roughly doubled to over 28 per cent.

15th March 2024 - 0 comments

Catalyst ranked in top 10 start-up hubs in the UK & Ireland

Catalyst, the independent, non-profit science and technology hub focused on creating opportunity for all through world leading innovation and entrepreneurship in Northern Ireland, has been recognised as one of the leading start-up hubs in Europe in a special report produced by the Financial Times, tech news platform Sifted and data provider Statista.

15th March 2024 - 0 comments

E2E Welcomes Global Entrepreneur Bassim Haidar to its Advisory Board

E2E, a leading organisation dedicated to fostering entrepreneurship and innovation, has appointed Bassim Haidar to its advisory board.

15th March 2024 - 0 comments

Virtual keyboard technology leader Thingthing seeks £500k

ThingThing’s Fleksy® is the leading global software text input infrastructure. Its AI assisted, fully private digital keyboard technology powers mobiles and all types of devices from banking apps, logistics and healthcare keyboards to AR & VR apps and car user interfaces.

The company is raising £500,000 as a SeedFAST Advanced Subscription Agreement, ahead of a larger funding round later this year.  MORE INFO HERE

8th March 2024 - 0 comments

Newcells Biotech raises £2.35m for lab models that help avoid animal testing

Newcells Biotech, whose laboratory models are used in drug development and reduce reliance on animal testing, has raised a further £2.35m to boost its growth and help establish itself as a global leader in its field. 

The Newcastle-based company has secured funding from existing investors including the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures, Mercia’s own funds and Northstar Ventures. It brings the total raised by the company to date to over £12m.

8th March 2024 - 0 comments

Northstar backs Dragonfly Insulation with £500,000

Dragonfly Insulation, an advanced materials manufacturer, has raised £935,000 in an investment round led by the North East Innovation Fund supported by the European Regional Development Fund and managed by Northstar Ventures, alongside angel investors and £300,000 of grant funding from Innovate UK’s Future Economy Investor Partnership programme. 

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