RideTandem, a mobility-as-a-service startup providing affordable and reliable transport solutions for people affected by “transport poverty”, has raised £1.75 million in seed funding. 1818 Venture Capital led the round, alongside Conduit Connect, Low Carbon Innovation Fund, several angels and previous investors Ascension and Seedrs.

The investment follows two consecutive years of 10x growth for RideTandem - creating more than £10 million in new earnings for passengers on its services since launch - and will support continued hiring, particularly in product management and engineering, as RideTandem builds out its team. 

Nossa Data, the fintech start-up that is helping corporates to streamline their ESG reporting, has raised a £1.2m seed round led by Symvan Capital and BGF. The round also brings in prominent angel investors as well as follow-on funding from SFC Capital and Techstars. 

DBIC Ventures has led a €1.6M funding round in industry cloud CRM company, Clarity CX1, along with angel and other investors. The investment will be used to fuel Clarity CX1’s global growth plans, supported by 30 new jobs over the next two years.

East Kilbride based FreeFlow Technologies (FFT), which has developed a light power to weight e-Bike motor, is moving into production following the completion of a £1.65m funding round led by investment syndicate Kelvin Capital.

The new investment will accelerate the production of units from its Scottish production line in 2022, ready to be sold into the fast-growing e-Bike sector.

Chaired by Martin McCourt, former Global CEO of Dyson, the business completed a previous funding round in November 2020 securing £1.85m which saw them move to new headquarters and R&D facility in East Kilbride and adding senior technical positions and assembly engineers.

Anglesey-based online events platform, Haia celebrates this week with the announcement of significant investment deals from early-stage funder SFC Capital and Stakeholderz angel funding.

Par Equity has announced the addition of MIRALIS DATA to their portfolio. Par Equity led the company’s £1.7m Seed round alongside other angel investors, such as SAAS entrepreneur Kevin Beales.

Green Angel Syndicate, the UK's largest network of specialist investors fighting climate change, has welcomed Glaia to its portfolio.

Green Angel Syndicate, the UK's largest network of specialist investors fighting climate change, has invested in New Motion Labs. Green Angel Syndicate led a £750k funding round into this trail-blazing deep tech engineering startup.

Par Equity has announced their continued support for Par Portfolio Company Speech Graphics alongside our friends at Archangel Investors Limited and Scottish Enterprise as part of the Company’s recent $7m Series A fundraise, led by US-based Sands Capital.

Fast growing Edtech startup Vygo has raised £1.5m in a pre-seed funding round supported by Angel Investment Network, the world’s largest online angel investment platform. Vygo is a Saas platform reinventing the conventional social support ecosystem in higher education.

Offering personalised support services beyond the physical campus, the business already works with a third of Australian Universities and is rapidly growing in the UK. The raise will help it expand in the UK and Europe and fuel its ambition to build borderless social education for every student.

Financial Crime Intelligence startup Schwarzthal Tech has raised £150,000 in a pre-seed funding round from SFC Capital, the UK’s most active seed-stage investor. Schwarzthal Tech uses AI to fight financial crime  by gathering publicly available information and building an individual’s network to support investigations into potential criminals. Schwarzthal Tech will use the funds to further develop the platform, build a marketing team as well as filing for an intellectual property patent on their unique “Know your Network” methodology. 

Wave power specialists Mocean Energy have secured major new investment to accelerate the commercial roll-out of their ground-breaking wave energy technology.  The Edinburgh firm has raised £730,000 equity funding from existing funders, led by angel syndicate Equity Gap, together with Old College Capital, the University of Edinburgh’s in-house venture investment fund, and Scottish Enterprise.