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24th May 2024 - 0 comments

Medi2data secures £2.1m Wealth Club and existing investors

Medi2data, whose suite of digital products and services aim to simplify the process of transacting medical data quickly and securely, has raised £2.1 million in an oversubscribed round led by Wealth Club and existing investors, under the Enterprise Investment Scheme (EIS).

24th May 2024 - 0 comments

 WineFi appoints new Operations Director

Angel-backed fine wine investment platform WineFi has appointed Oliver Thorpe as their Operations Director.

Thorpe, who previously led operations at Sequoia-backed start-up Nomio, previously worked alongside WineFi's Callum Woodcock.

24th May 2024 - 0 comments

Down trajectory in EIS HMRC data hides regional growth

The record-breaking results of the 21/22 tax year were always going to be tough to trump in this year’s data. However, the figures for the tax year 22/23 indicate some green shoots of growth in key regions.

24th May 2024 - 0 comments

Innovators chosen to drive immersive tech in North East

Digital Catapult, the UK authority on advanced digital technology, welcomes eight new companies onto the ImmexCity programme, to spearhead the adoption of immersive solutions across key sectors. The latest cohort will play a vital role in further cultivating immersive entrepreneurship in the North East, with solutions ranging from heritage conservation projects to initiatives geared towards empowering mental health.

24th May 2024 - 0 comments

Prova backs ‘EV Health Checker’ ClearWatt

Prova Investments has continued to grow its European portfolio of early-stage businesses operating at the forefront of cleantech, sustainability and the circular economy, by taking an equity stake in electric vehicle (EV) software company ClearWatt.

24th May 2024 - 0 comments

£8m angel fund boost for East Mids early stage companies

D2N2 LEP Chair Elizabeth Fagan launched D2N2 LEP’s Early Stage Angel Investment Fund at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds this week.

Speaking at the interactive panel session ‘Focus on the East Midlands, our Time is Now’, she said:

“I’m delighted to announce today that we are launching our Early Stage Angel Investment Fund here in Leeds at UKREiiF. The purpose of the Fund is to stimulate investment and growth in ‘early stage’ companies – those that have been trading between six and 24 months – that are based in Derby, Derbyshire, Nottingham or Nottinghamshire (the D2N2 region).

24th May 2024 - 0 comments

Salar Pursuits nets angel backing for innovative fish pen shield

Salar Pursuits, a Scotland-based company that has developed permeable lice and algae/jellyfish bloom shields that fit inside net pens, has been given a financial boost from a corporate angel investor.

24th May 2024 - 0 comments

Ada names 10 angels ready to invest in Danish startups

Ada Ventures has unveiled 10 new angel investors for its inaugural European angel investing programme in Denmark.


24th May 2024 - 0 comments

ZCC secures £20m Fund for early stage climate tech ventures in Europe

Zero Carbon Capital (ZCC) has closed a £20 million fund to invest in European pre-seed and seed-stage companies developing transformative scientific solutions for deep decarbonisation.

The fund attracted investment from a diverse group of both institutional, corporate and individual investors, including Isomer Capital, Green Future Investments, Bunge Ventures, and Extantia Climate All-stars. This mix of investors underscores the broad support for ZCC's mission to tackle the planet's most pressing environmental challenges through science.

 

17th May 2024 - 0 comments

Catalyst names headline partners for Generation Innovation

Northern Ireland’s independent, non-profit science and technology hub, Catalyst has announced Bank of Ireland, EY and AVEVA as the three headline partners for its Generation Innovation Work Experience Programme 2024.

 

Focused on fostering innovation and entrepreneurship, Catalyst’s Generation Innovation is a free work experience programme for 17-18-year-olds who have an interest in becoming innovators. The programme is designed to empower, enable and upskill young people for the workplace of tomorrow by pairing them with household business names such as Bank of Ireland, EY and AVEVA.

17th May 2024 - 0 comments

Two startups win funding at San Diego Angel Conference

San Diego Angel Conference (SDAC) at the University of San Diego (USD), a program in its sixth year that activates accredited angel investors and engages promising early-stage companies, has awarded two startups with angel funding for their potentially disruptive solutions.

Ecodrive took the top prize with $300,000*. Runner up Achieve Clinics was awarded $100,000* in funding.

17th May 2024 - 0 comments

Purple Dot raises $10m to help brands reduce unsold inventory

Purple Dot, the pioneering e-commerce pre-order and waitlist platform, has closed a $10 million Series A funding round. The round was led by leading European venture capital firm, OpenOcean, to fuel Purple Dot's mission of creating a world where everything that gets made, gets sold. Purple Dot's solution is trusted by hundreds of brands, including Oh Polly, one of the UK's fastest-growing private fashion firms, Lando Norris, Goorin Bros, Astrid and Miyu, and Sachin & Babi, processing millions of dollars in transactions each month.

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