Web security company Almanax has secured $1 million investment which will enable the company to accelerate its growth.

This funding round brings onboard a distinguished group of investors, including Blockchain Builders Fund, Exor Ventures, Vento Ventures, Italian Angels for Growth (IAG), Eden Ventures by IAG, Moonbase, and several strategic angels. Almanax has closed $1.5 million to date and hired key talents from firms like Fireblocks, Circle, Mastercard, and institutions like MIT.

Kodesage, a pioneering startup specializing in AI-powered solutions for legacy software modernization, has raised €2.3 million in pre-seed funding led by PortfoLion Capital Partners, and with participation from prominent angel investors, including former UiPath executives.

LifeArc Ventures, which invests in innovative early-stage life science companies as part of LifeArc, has announced significant progress in 2024, with three new investments, several follow-on investments, and scientific advances by a number of its portfolio companies.

The Royal College of Art (RCA) and Infinity Asset Management LLP have invested, through its RCA Design & Innovation S/EIS Fund, in PulpaTronics.

TalentMapper, a London-based company whose platform helps identify and develop the skills within an organisation, has raised £2m from Mercia Ventures and Haatch.

Despite being launched just 18 months ago, TalentMapper has already attracted major clients including Dunelm, Danone and Mountain Warehouse and achieved annual recurring revenue of over £700,000. The funding will enable the company to enhance the platform, expand its team and continue its rapid growth.

British Business Investments has provided an initial £20m funding facility to Sprk Capital Limited. The facility will provide capital to smaller businesses in the UK engaged in innovation.

Oxford Capital and Fuel Ventures have co-led a $1 million pre-seed funding round in Egregious, a pioneering company developing advanced technologies to defend humans from AI misuse.

4T2 Sensors, a Birmingham-based company developing real-time fluid analysis technology, has secured £800k in seed funding. The round was led by the West Midlands Co-Investment Fund (WMCO), managed by Midven (part of Future Planet Capital), alongside Waterpoint Lane and a group of angel investors.

Unum has announced the completion of an over-subscribed funding round, backed by existing shareholders, including ACF Investors and Origin Capital Partners.

VitVio, a London-based startup at the forefront of integrating AI into healthcare, has raised €1.8 million in pre-seed funding to transform surgical operating theaters by improving efficiency, enhancing patient outcomes, and reducing costs.

The funding round was led by LDV Capital with participation from Bek Ventures, Tiny Supercomputer Investment Company, and angel investors.

A government programme that was founded half a century ago has reached a milestone at Aston University.

Knowledge Transfer Partnerships (KTP) were established to boost UK businesses through collaboration with universities and other research organisations.

As the KTP scheme turns 50, Aston University has reached its own milestone by managing 40 projects concurrently, more than at any other time in its history. This is the largest KTP portfolio in the UK.

Northstar Ventures has led a £750,000 investment round into OnHand, the innovative social impact platform enabling businesses to become more responsible by empowering employees to drive meaningful change through corporate social responsibility initiatives. £325,000 has been invested by the North East Innovation Fund supported by the European Regional Development Fund and £175,000 from Northstar's EIS Growth Fund, alongside investment by 24 Haymarket. Total investment in OnHand to date now tops over £5m.