The ten finalists have been announced for INVENT 2023, the premier showcase for aspiring innovators and entrepreneurs. From an inclusive, purpose-driven fashion solution, to a menopause support app and emotional wellbeing solutions for children, the range of innovative ideas is immense.

“Funding for startups can be a tough game, and it's getting tougher,” says Grubby Founder Martin Holden-White. “Investors are less active than they have been in previous years and are much more focused on profitability than growth. Therefore, you need to have something unique and on a short path to profitability to peak interest.” 

Dorset Business Angels (DBA) will hold their Summer pitch event on June 19th at the Bournemouth Carlton Hotel. The event will serve as a platform for five ambitious entrepreneurs to present their ventures and make a compelling case to capture the attention and interest of the investors in attendance.

Green Angel Ventures has completed its latest investment in green energy company, Edinburgh-based Carbogenics. The company turns difficult-to-recycle farm and paper waste which would otherwise go to landfills or be sent for incineration into a product called CreChar.  CreChar’s circular solution permanently sequesters carbon in soils helping to secure a Net Zero future. 

The investment has come from lead investor Green Angel Ventures alongside existing investors Scottish Enterprise and Old College Capital.

Green Angel Ventures has invested in Albotherm Ltd, a ClimateTech spinout specialising in the development of low carbon cooling coatings

Northern Ireland based technology solutions company GoReport is set for further expansion after receiving new investment from ScaleUp Capital.

GoReport is a leading SaaS solution to the property sector, helping surveyors digitise their inspecting, reporting and analysis process, driving greater efficiency and a more effective workflow.

The utopian dream of traffic free, zero emission cities may not be just a dream after all. Companies like Cityshuttle, a innovative business in the fast growing e-cargo bike market, are determined to make it a reality.

Clinical trials of an easy-to-use home therapeutic treatment for SARS-CoV-2 (coronaviruses), developed by Cardiff based Halo Therapeutics, are underway following a £1.5 million investment led by the Development Bank of Wales alongside Science Angel Syndicate (SAS) members and the KBA Group. 

Deployed has raised $4M in a seed funding round co-led by Amrock Ventures and M12 Microsoft Ventures, 

SWEDEN: The Swedish health tech company Encare has secured funding of EUR 1.5 million to support the company's continued expansion, product development, and entrance into new international markets. Encare's SaaS solution supports healthcare providers in implementing best practices for surgical care to improve patient outcomes. Existing shareholders, together with some new, through the Sciety network, took part in the financing round. 

MILAN: Roomless, a proptech startup based in Milan, has raised 1 million euros in the form of convertible financing. This concludes the 1.7 million euro round led by Sensible Capital together with Club degli Investitori.

Scaling is a multifaceted phenomenon with a steep path to hypergrowth that only a few European companies are able to climb – in fact only 1 in 10 firms are able to scale more than 10% annually. A new report from the European Scaleup Institute analyses the dynamic landscape of high-growth firms (HGFs) and reveals a multitude of growth paths across Europe.