21st June 2019
BlockClaim, the first hybrid artificial intelligence and blockchain technology solution developed for the insurance industry, has successfully completed its seed funding round with a £500,000 investment.
20th June 2019
London-based insurtech firm Zego has raised $42million in one of the largest funding rounds for a European insurtech start-up.
18th June 2019
The Ticket Fairy, a growth and sales channel partner for the live events industry, has announced the official launch of its cloud-based events platform - an easy-to-use, self-service solution, combining ticketing, marketing and event management, that increases revenue, reduces financial risk, and provides event organisers, venues and tour managers with access to unparalleled data, analytics and intelligence.
18th June 2019
Inzura.ai the UK based global InsurTech has raised a further £1m in a pre-A funding round. This follows a seed investment round in early 2018 and rapid growth in the UK and South East Asian markets.
Inzura works with brokers and insurers to deliver enhanced digital versions of their insurance products through smartphone apps, leveraging telematics, integrated dashcams and artificial intelligence (AI). With some customers already achieving over 30% improvements in loss ratio, Inzura's digital products are customer focussed, cost significantly less to operate, reduce fraud, and enable greater pricing accuracy.
17th June 2019
With a huge shift in emphasis towards regional funding support, the Connected Investing event series, hosted by the UK Business Angels Association, will lift the lid on the latest initiatives open to both the investor and start-up communities.
With the government driven Digital Economy Council announcing that twenty-two Unicorn businesses have originated outside of London, these events focusing on regional investment could not be more timely. The event will feature the latest updates from newly emerging funds, including the British Business Investments £100m fund and Innovate UK’s regional angel investment accelerator.
12th June 2019
In partnership with The Invested Investor, this month’s Start-up Spotlight features an interview with Sarah Turner a technologist, entrepreneur and angel investor. She's spent most of her career working in and around digital technology in the UK, Europe, US and Asia. Sarah works as both an advisor and connector for start-ups as well as corporates. In 2014 she co-founded the award-winning angel network, Angel Academe.
3rd June 2019
Suir Valley Ventures, the entrepreneur-led venture capital fund launched in partnership with Shard Capital Partners LLP to invest in early stage software companies across a range of high-tech verticals, is pleased to announce its participation alongside Atlantic Bridge, in a €1.1 million investment round for Ambisense Ltd, the Internet of Things (IoT) and Artificial Intelligence (AI) environmental analytics company. The round was also supported by Enterprise Ireland and a number of private investors.
31st May 2019
Awen Collective has secured seed investment through Startup Funding Club (SFC)’s early stage funds. The Welsh cyber-security startup, which develops digital forensics software solutions for Industrial Control Systems, Robotics and Internet-of-Things devices, helps manufacturers and critical infrastructure providers reduce the time spent before and after a cyber-attack or cyber-physical incident. The funds obtained from the SFC Angel Fund and the SFC SEIS Fund will enable Awen Collective to further grow and continue to provide client successes with Digital Forensics & Incident Response across Critical Infrastructure & Manufacturing. Additionally to SFC’s investment, to encourage its growth and international expansion, Awen Collective will receive support from the Tech Nation Cyber programme.
31st May 2019
autologyx has announced that it has raised an additional £1 million to rapidly expand its foothold in legal, RPO and insurance sectors. The digital operations platform, which automates real-world, complex business processes, has seen significant growth over the past year, both in terms of recurring revenues – which have doubled, and demand for its market-leading platform.
29th May 2019
Enlaps, the inventor of the Tikee timelapse solution, has announced that it has closed a funding round of €3 millions from business angels including Fabien Pierlot, founder and CEO of Coyote, Jiong Ma, Senior Partner at Braemar, Charles Matine, ex-Apple and from banking institutions such as BPI, BNP Paribas and Caisse d’Epargne. This financing will allow the Grenoble-based start-up founded in 2015 and recognized in 2016 by an Innovation Award at CES in Las Vegas, to speed up its development and to continue to provide its solutions to a wider range of customers from professional users to individuals with a passion for photography.
28th May 2019
As “on demand” services expand into more industries and market places,Trukkin is leading the way in digital logistics solutions for long-haul trucking. Launched in 2017, Trukkin is a techno-logistics firm based in Saudi Arabia and the United Arab Emirates operating throughout the Gulf Cooperation Council (GCC) region and beyond. The company works to innovate and simplify logistics and land transportation. Trukkin has raised over $3.5 million in the recent funding round, which included marquee investors from the AL-Namlah Family Group, the Al-Madi Family Group, and the Abanumay Family Group. Batic Investments and Logistics, a publicly listed company on Tadawul, remains as one of the key investors in the start-up.
24th May 2019
Minerva, the University of Warwick Science Park’s Business Angel Network, has played a vital role in helping Lincoln-based tech start-up Tended access the funds and know-how needed to take its intelligent safety solutions to the next level.