Virtuall, a Danish FashionTech startup, has raised €829k pre-seed funding to bring fashion brands to virtual spaces. The funding round was led by EIFO (Export and Investment Fund of Denmark), Styleit (Styleit is the FashionTech accelerator of the Italian National Accelerator Network of CDP, Cassa Depositi e Prestiti), and Antler, Europe’s most active early stage VC firm. 

Cornerstone Partners has joined a $3m seed funding round in  fashion rental platform By Rotation. The round, led by venture capital firm Redrice Ventures included Closed Loop Partners, True Global, Magnus Rausing and other leading angel investors.

Canopey, an online marketplace for environmentally sustainable and eco-conscious brands, has secured investment from two leading technology executives.

Taylor & Hart, the digital-first bespoke jewellery business, has raised £3.5 million in funding from Virgin Money, Active Partners and private investment platform Seedrs. The investment will be used to support Taylor & Hart’s intentions to further develop its state-of-the-art technology offering which ensures the authenticity of its gemstones and enables a seamless customer experience, as well as grow internationally and increase brand awareness.

Twelve years after his initial investment, Lord Alan Sugar, 76, and Susie Ma, 34, have agreed to terms that return Tropic Skincare to a 100% founder-owned company.

Patch, a company on a mission to reignite UK high streets by empowering thousands of people to “work near home”, has announced a £3m fundraise and the launch of two new sites which will accelerate its plans to bring community-driven “neighbourhood workspaces” to every high street in the country.

This £3m round included investment from JamJar Investments, alongside Blue Wire Capital, Vectr7 Investment Partners LLP, Active Partners (the investors behind Soho House), and Triple Point Ventures.

An exciting young Norwich-based tech business Homemove has been successful in securing funding through Anglia Capital Group as part of a £350,000 raise.

A venture capital firm focused on supporting direct to consumer (DTC) entrepreneurs, Fearless Adventures, has invested a significant six figure sum in Manchester-based women’s football e-commerce business, Foudys.

Finalrentals, a Cardiff-based global online car rental web-application business has secured the backing of a syndicate of four business angels led by lead investor Eamon Tuhami and venture capital company Fuel Ventures. The six-figure investment has been matched by the Development Bank of Wales’ Wales Angel Co-Investment Fund.

Eco-friendly clothing care business, Clothes Doctor, has secured £1million of investment to fuel growth of its business, as consumer demand increases for ways to maintain a sustainable wardrobe and prolong the life of loved fashion items. The investment, led by the Cornwall & Isles of Scilly Investment Fund (CIOSIF), also saw Joanna Jensen, founder of Child’s Farm, Founders Factory, FSE Angel Network and existing private investors join the funding round. 

GrandNanny, a new intergenerational childcare service supporting mature job seekers into work and providing vital childcare for working parents, has closed its pre-seed round at £400,000.

A syndicate of nine business angels has joined the Development Bank of Wales and M-SParc in backing entrepreneur Anna Roberts as she prepares to launch Explorage, an online solution for global storage providers and users.