Dragonfly Insulation, an advanced materials manufacturer, has raised £935,000 in an investment round led by the North East Innovation Fund supported by the European Regional Development Fund and managed by Northstar Ventures, alongside angel investors and £300,000 of grant funding from Innovate UK’s Future Economy Investor Partnership programme. 

Catalyst’s 2024 INVENT competition officially opens for applications today, with a top prize of £25,000 up for grabs for the overall winner and six new categories to enter.

Organised by science and technology hub Catalyst with headline partner Bank of Ireland, the prestigious INVENT competition is the main event in the calendar year for early-stage startups and aspiring entrepreneurs to showcase their innovations to a panel of expert judges.

ITALY: The Investors Club has invested in the 10 million euro round of Resalis Therapeutics.  The club gave a special thanks to its champion Guido Bonazzola, who contributed in a fundamental way to the realization of this initiative. Guido's active participation and commitment helped make this significant investment possible.

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.

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.

Jenson Funding Partners has announced a strategic collaboration with Simon Andreas Hofmann and Mitul Ruparelia, founders of Fortius Partners, to leverage our collective experience with early-stage businesses.

An overview of reactions to UK ChancellorJeremy Hunt's Spring Budget

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).

Arksen is launching its first public equity round of up to £6m to continue its growth and expansion to the US and other key markets. 

Arksen is aiming to build the world’s ultimate adventure company. Arksen is a premium adventure lifestyle brand making award winning explorer vessels, overland vehicles and performance apparel designed and built to empower the next generation of explorers.

For information on the opportunity and how to invest, please CLICK HERE.  

Mint Ventures as invested in the UK’s best-selling bone broth brand, Freja as part of their £2m fundraise to help drive international expansion and new product development. 

London startup, Koalaa, whose world-first soft prosthetic arms are aiding independence for individuals with limb differences around the world, has closed a funding round of $1.2 million led by British Design Fund.

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.