QuantumDiamonds, the quantum sensing company, has raised €7m in seed funding led by IQ Capital and Earlybird. 

1nhaler, a Scotland-based drug delivery device developer, has raised £2 million to develop its unique single-use dry powder inhaler (DPI), led by Archangels.

Inhalable medicines are already widely used to treat conditions such as asthma, epilepsy, allergies and Parkinson’s but, to date, delivery options have been limited due to user accessibility, cost, performance and impact on the environment. 1nhaler has developed a way of enabling many different dry powder drugs to be readily delivered in a sustainable, low-cost delivery device.

Scotland’s first impact investor, SIS Ventures has released its inaugural Impact Report, highlighting the positive impacts on people and planet delivered by its investee companies.

Catalyst has formally launched its new inclusive innovation project STRYVE, which is aimed at young people aged 16-25 years old seeking to gain skills, qualifications and experience that will provide them with a pathway towards employment.

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BELGIUM: Aikido Security, a developer-first software security app for growing SaaS companies, has raised €5m in a Seed round co-led by Notion Capital and Connect Ventures, with further investment from Inovia Capital, as well as an impressive roster of angel investors including Christina Cacioppo, CEO of Vanta.

Green Angel Ventures has completed an investment in LIND Limited, a pioneer in alternative battery storage systems. LIND is reaching a critical development period, leveraging this investment to drive research, innovation, and production scale-up. This substantial investment will drive innovation and commercialisation efforts, mainly focusing on introducing groundbreaking battery technology designed to operate efficiently at elevated temperatures.

SETsquared has held its 20th investment event – an annual high-profile occasion that has showcased hundreds of the best UK technology, science and innovation-led start-ups and helped raise more than £160m.

Lakmal Walawage, a Partner specialising in intellectual property at JMW Solicitors, looks at the impact of generative AI on IP and what investors should consider.

Cellexcel, a Norwich business developing a unique technology that can enhance the water resistance of biomaterials has secured an investment from Anglia Capital Group, alongside the New Anglia Capital fund.

Crossip, a Suffolk business creating a stir in the growing non-alcoholic drinks sector, has received investment from Anglia Capital Group, alongside New Anglia Capital.

Renovos Biologics, a biotechnology company that is developing a proprietary nanoclay gel carrier system to precisely deliver therapeutic agents for regenerative medicine, has received investment from five Henley Business Angels members, contributing towards a funding round, which together with non-dilutive grants, amounts to £2.3 million.

The independent review of university spin-out companies requested by Government has been published.