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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.

1st March 2024 - 0 comments

Sonichem secures £1.2m to convert sawdust into high-value bio-based chemicals

Sonichem, an East Midlands-based startup that converts low-value forestry by-products into high-value, renewable biochemicals, has secured £1.2 million in Pre-Series A funding including a follow-on investment by ACF Investors. The investment will be used to further develop its technology and finalise plans for a biorefinery plant — the first of its kind.

27th February 2024 - 0 comments

TSL seeks £1.25m to drive ambitious expansion

TSL Professional Products, a broadcast & media technology company, is seeking funding of £1.25m to scale up the business. Check out their investment advert on our Funding Pages website for more information about the company and how you can invest.

23rd February 2024 - 0 comments

New angel investment network for female founders

Newly launched angel network, Lifted Ventures, is on a mission to drive change in the female founder space.

23rd February 2024 - 0 comments

 AIC report reveals who owns investment companies

The Association of Investment Companies (AIC) has released a comprehensive report on the ownership of investment companies.

23rd February 2024 - 0 comments

Emobility startup OX Delivers secures £1.2m funding

OX Delivers, UK-based emobility start-up, has received a £1.2 million funding grant from Energy Catalyst as the company readies its next-generation affordable all-electric OX4 truck for production.

23rd February 2024 - 0 comments

 Mercia leads £7 million financing for MIP Discovery

MIP Discovery, an innovative developer of non-biological affinity reagents designed to accelerate the development and production of cell and gene therapies, has closed a £7m (~$9m USD) Series A financing round led by Mercia Ventures. Existing investor Calculus Capital also participated in the round, along with Angel investors.

23rd February 2024 - 0 comments

Entrepreneurs raise £350k for coffee cup re-use system

A café operator who set out to find an alternative to single-use coffee cups has helped to develop a new re-use system that claims to be the most simple and cost-effective to date.

Alasdair Hood and his team have raised £350,000 from angel investors to launch Delete Cups. The system has already been successfully trialled in the two pop-up cafes he runs in Braintree Village, Essex - Roo and FryBaby - and the company is in talks with other potential users in the UK and Europe.

23rd February 2024 - 0 comments

GameCentric secures $1.5 million in funding

GameCentric, the region's newest gaming platform at the forefront of connecting brands with gamers, has raised $1.5 million (AED6 million) in capital from a Dubai-based angel investor, Bilal Merchant. The platform went live on December 1st, 2023, right after the funding round. 

23rd February 2024 - 0 comments

Angel Academe backs PheroSyn

Angel Academe has made its 49th investment in a female-founded agri-tech start-up PheroSyn, an innovative agricultural technology company using green chemistry techniques to produce identical copies of nature’s own pheromones, providing an alternative to damaging pesticides.

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