South East Angels, a prominent angel investment network, has announced a strategic partnership with prestigious law firm Harbottle & Lewis, appointing them as their Trusted Legal Partner. This collaboration marks a significant step in enhancing the support infrastructure for both investors and founders within the South East Angels community

Scalpel AI, a London-based medtech transforming the management of surgical tools and implants using computer vision, has raised £3.8m ($4.8m) in a funding round led by Mercia Ventures, with participation from Tensor Ventures and private investors.  The investment will enable Scalpel AI to scale its global operations and roll out its technology with major players in the healthcare supply chain, including sterile services, hospitals, and prominent third-party logistics (3PL) services such as GlobalMed Logistix (GMLx).

FRANCE: Eco-friendly booking platform GreenGo has raised €3 million in funding. The funding round was led by impact investment pioneers INCO Ventures, through its Abeille Assurances fund, with support from Climate Leaders Fast Track, 4Ventures and several business angels.

ALGIERS:African Export - Import Bank's (Afreximbank) Angel investors participating in a pitch session at the just-concluded CANEX WKND 2024 in Algiers have committed a total of US$350,000 in investment into the three best pitches presented at the competition.

Nicholas Hyett, Investment Manager at Wealth Club comments on what the Budget means for the UK's venture capital schemes.

Diffblue, creators of the world's first fully autonomous generative AI-for-code software, has secured $6.3 million in new capital as it reaches a record six-month period with 326% net new ARR growth from the prior six months. Toffer Winslow (formerly StackState, Dynatrace, RSA Security) has also been appointed as Diffblue's new CEO to drive the firm's next stage of growth.

The British Business Bank has welcomed the Chancellor of the Exchequer’s announcement at Wednesday's Autumn Budget confirming over £1bn of funding for the Bank to continue its programmes supporting access to finance for smaller businesses and thereby driving sustainable economic growth across the UK.

FRANCE: Fungiball, the revolutionary fantasy tennis platform, has announced a €2.2 million PreSeed funding round, by a combination of private business angels including Adrien Dassault and Stephan Altmuller, with additional support from Cliff Capital and BPI France. The funds will be used to grow the tech team to scale the platform and enhance user experience, develop new features, including free-to-play modes and fiat payment options, and kick off Fungiball's international expansion, starting with a focus on North America.

Green Angel Ventures has made a new investment in Lineat, an innovative sustainable technology in the carbon fibre composite market, as part of a £1.4 million equity raise, with additional investment from the Development Bank of Wales.  Lineat is pioneering an award-winning market-leading carbon fibre recycling process. The company is seeking to fund its continued growth and technology development.

The Emirates Angel Investors Association, usually known as Emirates Angels, recently held its elections, resulting in the selection of a new board of directors. Masaood Al Masaood has been reappointed as Chairman, continuing his successful leadership of the association. Additionally, several key figures have been appointed to critical roles, further strengthening the organization's leadership.

Investing Women Angels (IWA) will back a series of investment rounds over the next four months raising more than £4.5 million for four female-founded companies in Scotland. 

measurable.energy, the UK tech company that designs and manufactures AI-powered plug sockets that reduce electricity costs and carbon emissions in offices by up to 50%, has secured a UK£4m tranche of new investment.