Dundee based startup, SolarisKit, creator of the world’s first flat-pack, self-assembled solar water heater, has secured a £150k investment from the British Design Fund.

The Venture Capital Trust Association (VCTA) has published new data gathered from over 600 early-stage companies that have benefited from VCT funding, which shows that deployment of capital into early-stage startups grew 8% year-on-year to £664 million, proving resilient in context of wider UK venture capital funding, which fell by almost a quarter (23%) in 2022.

TURKU, Finland: Videobot, a Finnish SaaS startup, has successfully raised €2 million in seed funding from Finland’s Superhero Capital, Luxembourg’s Expon Capital Digital Tech Fund, and angel investors, Sweden’s Urban Gillstrom and Finland’s Ari Korhonen. The company aims to transform the landscape of online customer engagement using personalized, interactive videos. The funding will be used to accelerate Videobot’s growth, especially in Europe and the US markets, both in which the company has already gained a solid foothold with over 200 customers in 15 countries and in multiple diverse industries.

FiBAN’s June startup survey results collected answers from 90 startups that have sought funding through FiBAN.

Calling all Startups! Applications for European Angel Investment Summit on 10 - 11 October in Brussels are now open.  Don't miss the September 3rd deadline!  Find out how to apply now HERE.

Join the European Angel Investment Summit taking place in Brussels on October 10-11! #EAIS23 is where angels, entrepreneurs and change-makers gather to fuel Europe’s growth. Register now!

Clean Growth Fund, the UK clean tech venture capital fund, has led a £3.6m investment in Kamma, a UK property data and analytics business.  The investment will fund the expansion of Kamma’s market-leading property data engine that acquires, integrates and calibrates thousands of property data points in order to deliver optimal routes to achieve Net Zero in the UK property sector – both residential and commercial property.

GC Angels, has joined forces with NorthInvest to spearhead the execution of Fund Her North initiatives throughout the North West region. This partnership underscores their mutual dedication to advancing female-led innovation and driving economic transformation through investments, collaboration, and expertise.

Having already committed to the Investing in Women Code, GC Angels is elevating its commitment by actively engaging in Fund Her North initiatives to foster female investment. Initially centred in Greater Manchester, GC Angels aims to extend its influence across the North West, encompassing areas such as Cumbria, Merseyside, Cheshire, and Lancashire. The goal is to ensure that female founders across this region have both access to capital and comprehensive support.

Industrial heat pump startup Futraheat has secured £689,000 from Innovate UK to develop and deploy a commercial heat pump to deliver low CO₂, high temperature heat to industry.

Splint Invest has partnered with the innovative, UK-based automotive investment platform TheCarCrowd. This new strategic partnership sees Splint Invest customers able to purchase “Splints” in classic cars and iconic supercars selected by TheCarCrowd’s expert panel. The first offering, a striking manual Ferrari 348 TB - one of just 2,894 ever made, funded in just 71 minutes.

PROSPECT 100, a UK-based startup, has successfully raised $750,000 to build the go-to platform for co-creation; a digital space which allows brands to connect and collaborate with creative talent around the world.

Money.co.uk Business Loans research into UK Kickstarter campaigns for the past five years has revealed that women are more successful at hitting their crowdfunding targets. They are 16% more likely to succeed at raising the capital they need to start a business in comparison to their male counterparts.