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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.

8th March 2024 - 0 comments

London technology startup Asterias raises £600k

Asterias, the London-based technology startup, has closed an oversubscribed £600k Pre-Seed round. Led by Insurtech Gateway, a leading investor in insurance technology ventures, alongside Syndicate Room’s Access, a data-driven super angel fund, and prominent industry investors. The round will be sufficient to take the Asterias’s product into mainstream adoption, unifying loss data across the insurance ecosystem.

8th March 2024 - 0 comments

UK fintech Nuke From Orbit raises £500k pre-seed funding

Nuke From Orbit, a fintech startup based in the UK, has raised £500,000 in a pre-seed round to take its product to market. The startup, which aims to revolutionise mobile security, attracted leading investors with its innovative approach to protecting financial accounts and personal identifiable information (PII).

The funding comes from several UK-based companies and investors, including Oliver Bridgen, Co-Founder & COO of specialist FX broker Ballinger Group, and Jordan Hallows, founder of Wey Bridging Finance.

8th March 2024 - 0 comments

Cogna raises £3.76m to transform how traditional industries use AI

London-based Cogna has raised £3.76m to transform how traditional industries solve unique, difficult problems.

The funding round was led by Hoxton Ventures, with participation from Notion Capital and Octopus First Cheque Fund, and a roster of angel investors including Stan Boland (Founder, Icera); Hermann Hauser (of Amadeus Capital Partners); Professor Neil Lawrence (DeepMind Professor of Machine Learning, Cambridge); Zayd Enam and Tim Shi (Founders of Cresta); Ping Wu (CEO of Cresta); and Aviv Nevo, Nick Elliot (Helsing).

1st March 2024 - 0 comments

Circadacare raises £1.3m to launch care at home solution Heleos

Circadian Lighting Limited, trading as Circadacare, has raised £1.3 million led by the North East Innovation Fund, supported by the European Regional Development Fund and managed by Northstar Ventures, alongside angels, with additional grants of £358,000 provided by Innovate UK through the Healthy Ageing Innovate UK (HAIA) grant and £80,000 Longitude Prize on Dementia for its ground-breaking technology.

1st March 2024 - 0 comments

Yurtle raises £1.37m to eradicate workplace caregiver burnout

Yurtle, a London-based insurtech helping workplaces combat caregiver burnout, has closed a seed funding round of £1.37m co-led by Insurtech Gateway and Mustard Seed Maze, to grow its team and roll out the world’s first digital care ally.  Yurtle envisages a world where everyone has the choice to live independently as they age. To do so, we must empower informal social care networks to deliver care support in a sustainable and effective manner.

1st March 2024 - 0 comments

Validient secures £300,000 from Development Bank of Wales

Validient , a Newport-based tech business that is helping the professional services sector to keep up with increasing regulatory compliance, has secured a second investment of £200,000 from the Development Bank of Wales and £100,000 from Wesley Clover.

1st March 2024 - 0 comments

Exam marking platform Graide raises £1.6m to target US

Graide, a University of Birmingham spinout whose assistive AI-based platform helps teachers mark student homework, has raised £1.65m to expand in the UK and target new markets in the US and Canada.  The funding has come from XTX Ventures alongside existing investors Mercia Ventures, the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund (MEIF), SFC Capital and private investors.

1st March 2024 - 0 comments

Tech for good startup HACE secures £450,000 funding

HACE: Data Changing Child Labour, has raised £450,000 in its pre-seed funding round, beating its initial target by 20%. The funding was led by Manchester Angels and includes co-investments from GC Angels, Ada Ventures, Found Capital and individual angel investors.

16th February 2024 - 0 comments

FundIQ launches to revolutionise the UK’s startup funding landscape

Coenseo Ventures has announced the launch of FundIQ, a groundbreaking platform designed to transform the early-stage investment market in the UK. FundIQ emerges from the successful acquisition of Capital Pilot by Coenseo Ventures, bringing with it a legacy of innovation and a commitment to enhancing the investability of startup companies.

9th February 2024 - 0 comments

Clue Software raises £4m led by Frog Capital

Clue Software, a provider of software for investigations and intelligence management, has raised £4 million led by Frog Capital, with £1 million coming from angel investors and employees, supported by investment advisor ScaleUp Group. Founded by Clare Elford (CEO), and Thomas Drohan (CCO), the tech for good platform has grown exponentially despite challenging UK market conditions for tech investment.

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