New data by Innovate Finance, the industry body representing the FinTech community in the UK, reveals the global FinTech investment trends in 2022. 

QV Bioelectronics, creators of an innovative surgically implanted Electric Field Therapy (EFT) device for the treatment of brain tumours – has secured £2m in Pre-Series A funding from new and existing leading deep tech investors. The round was led by the Science Angel Syndicate and Fink Family Office with participation from Northern Gritstone, Elbow Beach Capital, and existing investors SOSV and Catapult Ventures.

Zero Carbon Capital has announced an investment in Actuation Lab, as part of a seed round that we are co-leading with Kero Development Partners, a specialist industrial hardware investor.

Clean Growth Fund has invested £2.5m in measurable.energy as part of its £4.5m Series A funding round. measurable.energy is an award-winning UK start-up technology company that designs and manufactures smart, machine learning enabled power sockets that reduce the energy costs of commercial buildings by more than 20%.

Oxford Innovation EIS Growth Fund and OION Angels invest 14% of Qkine’s latest £4.3 million fund raise which was co-led by Parkwalk Advisors Ltd and Downing Ventures.

Par Equity invested £38m in early-stage technology businesses across the North of the UK in 2022, up from £25m in 2021, making it one of the most prominent and active technology investors in the region. The venture capital firm, which benefits from a panel of over 200 Angel investors, backed 27 companies in 2022, of which ten were new additions to the portfolio.

HR tech company Huler, whose platform has attracted a host of blue-chip clients within its first year has raised £2m from Mercia’s EIS funds, the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, and private investors.

The funding will enable Stoke-based Huler to further develop its employee experience platform and create at least 12 new jobs in the year ahead. Huler acts as a ‘launchpad’, bringing together different programs, apps and content that employees require within a slick user interface that provides easy access and improves productivity.

UK involvement M&A declines 38% from 2021 to 3-year low despite 2nd highest deal count on record; Lowest Mega-deal count in 5 years; Private equity-backed deals decline 25%.

Made in Britain and the British Design Fund have announced a partnership aimed at championing innovation, growth and collaboration between UK design and manufacturing. The initiative will kick off in January 2023 with the launch of a series of joint webinars for Made in Britain members.

Since Dorset Business Angels was founded almost a decade ago, its USP and appeal to entrepreneurs, investors and the business community

USA: CyberCube, the market leader in cyber risk analytics, has announced $50 million in additional growth capital 

Fact360, a cyber-security SaaS platform that specialises in detecting fraud, financial crime and compliance anomalies within businesses, has received investment from one Henley Business Angels member, contributing towards a funding round of £500,000.