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9th February 2024 - 0 comments

GenAI-powered AudioStack raises £2.5 million

London-based startup AudioStack has raised a £2.5 million pre-Series A round led by Quadri Ventures to revolutionize large scale audio production for enterprises through Artificial Intelligence.

9th February 2024 - 0 comments

BGF and DSW Ventures back The Insights Family for global growth

Manchester-based The Insights Family, a global leader in kids, parents, and family market intelligence, has announced a significant £5.6 million investment round led by BGF – one of the largest and most experienced growth capital investors in the UK and Ireland.

BGF has invested £5 million in the business, with additional participation from DSW Ventures, – the venture capital arm of Dow Schofield Watts, marking a pivotal step for The Insights Family.

9th February 2024 - 0 comments

SQCDP unlocks funding to modernise factories

SQCDP, a Newcastle-based SaaS startup, has successfully raised £200k to increase manufacturing efficiencies and support workforce engagement by removing problem paper systems in factories. The £200k funding is part of a wider pre-seed funding round which is still being raised.

9th February 2024 - 0 comments

27 expressions of interest registered at Monday's pitch event

Dorset Business Angels received 27 expressions of interest from investors at their most recent angel investing pitch event held at the Bournemouth Carlton Hotel on Monday evening.

9th February 2024 - 0 comments

Spin-out raises £1.4m for lung test to aid early diagnosis of asthma

PulmoBioMed  - a Northumbria University spin-out which has developed a new lung test that could lead to earlier diagnosis of asthma and other conditions - has raised £1.4m to help commercialise its technology and target the US market.  The investment round was led by the North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures, and included Northumbria University, SFC Capital and private investors in the USA, EU and UK. The company has also secured a £700,000 grant from Innovate UK to help it demonstrate the benefits of its technology.

9th February 2024 - 0 comments

Catalyst appoints new head of entrepreneurship

Northern Ireland science and technology hub Catalyst has appointed Pauline Timoney as its new Head of Entrepreneurship.

2nd February 2024 - 0 comments

Angel syndicate Veridian back financial wellbeing firm Maji

London-based angel syndicate, Veridian Ventures, completed a £150,000 investment in Maji, “a market leading financial wellbeing and open finance platform that educates and coaches employees to build their financial resilience, confidence and ability to save for the future”. This investment forms part of Maji’s £500,000 seed funding round, demonstrating Veridian Ventures’ commitment to supporting innovative ventures tackling challenges like financial stress and lack of financial literacy.

2nd February 2024 - 0 comments

HDM Solar secures backing from Angel Invest and DF Capital

HDM Solar, one of the UK's fastest-growing wholesalers of renewable energy products, has announced a major £10.2m funding boost led by a multi-million pound equity investment from Angel Invest in Berlin and supported by UK based DF Capital. The business will use the investment and working capital facility to accelerate the rollout of a nationwide network of branches which will generate new jobs and provide local support to installers, businesses and consumers in every corner of the country.  

2nd February 2024 - 0 comments

Wondercraft raises $3m to build AI-powered ‘Canva of Audio’

AI audio content pioneer Wondercraft has raised a $3m Seed round to scale its ‘Canva of audio’ platform in a round led by Will Ventures and backed by Y Combinator,  ElevenLabs, Steven Bartlett and other Angels. The technology enables anyone to create studio-quality audio productions - whether it’s for podcasts, ads, audiobooks, meditations or training materials - in any language, by simply typing.

2nd February 2024 - 0 comments

ALKemist Bio announces a €6.9M investment from IAG

Newly launched TCR company ALKemist Bio has closed a €6.9 million funding round to develop first-in-class TCR Cell Therapy for ALK-Positive Tumors.

2nd February 2024 - 0 comments

IAG lands in Silicon Valley: investment, business angels and networking

Italian Angels for Growth (IAG), the leading investor network in Italy, has strengthened its presence in the U.S. territory and on the West Coast, where it has already been active for several years.

2nd February 2024 - 0 comments

Sixth Wave Ventures to grow its angel investment fund

Operated via Sixth Wave Angel Group (SWAG), the fund invests directly in early-stage companies developing proprietary technologies that tackle fundamental global challenges using science-backed approaches.

Most recently, Sixth Wave Ventures led the seed round of D-time Ltd, helping them fund the development of their Dtechtive platform. The £245,000 raised will enable D-time to build technology that will generate enormous value for data search engines like Google.

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