XONAI, a cloud optimization solution helping organizations reduce data infrastructure costs, has closed $3.5 million in Seed funding.  London-based Kadmos Capital led the round with participation from investors Adara Ventures, Deep Science Ventures, Nauta Capital, Notion Capital, and notable angels Mehdi Ghissassi, Director of Product Management for Google DeepMind, Martin Gould, former Head of Product for Spotify’s Content Platform, among others.

StarWolf Media Ltd, an international media and finance company supporting empowering films and streaming content, is raising £450,000 for expansion and project development. 

Angel Gambino is a renowned entrepreneur, investor, and one of the keynote speakers at this week's EBAN Congress 2023. 

Experienced product designer and entrepreneur Fiona Bennington has been appointed as Catalyst’s new Director of Entrepreneurship.

Green Angel Syndicate, the UK’s largest network of specialist investors fighting climate change, has changed its name to Green Angel Ventures.  This change reflects the growing importance to the business of its fund management activities.  It will take effect immediately, although its operational names and activities will not be affected.  The organisation’s specialisation in the fight against climate change will be enhanced and emphasised by this new name.

Fiona Hudson-Kelly, author of ‘Grow and Sell your Startup', identifies some of the main issues which female entrepreneurs face in scaling their businesses and offers her perspective on how to overcome them.

In the UK women run around 29% of small businesses and just 1% of trade businesses. Interestingly, during the pandemic we saw increasing numbers of all-female-led businesses with 145,200 being incorporated in 2021 ? nearly three times the number in 2018.

Angel Academe, has made a follow-on in Dem Dx, founded by CEO Dr Lorin Gresser. Dem Dx’s CE-certified AI clinical reasoning platform helps frontline healthcare professionals to make initial clinical assessments more effectively and efficiently.

Signaloid, the computing platform allowing companies to understand real-time uncertainty for autonomous decisions, has raised a seed round of £3 million led by IQ Capital, with additional investment from Type One and Creator Fund. Signaloid offers a computing platform that lets companies run their existing unmodified software yet obtain results that today require both costly software changes and time-consuming Monte Carlo analysis.

Berlin: zero44, a SaaS startup for CO2 management of merchant ships, has raised €2.5 million. The round is led by early-stage investor Atlantic Labs. In addition, Starthub Ventures and Bernhard Schulte Innoport are investing, as well as several business angels from the logistics and shipping industry.

QVentures has led a pre-seed funding round in CareerPaths, one of the world’s largest career mentoring platforms, alongside a number of angel investors, some of whom have taken on roles as business advisors at CareerPaths.

In March 2023, Ambrose Healthcare launched a £1 million Founders Round share offer and is raising funds to take the business to the next phase of its development.  

To date, it has banked share applications for £300k, and has commitments for a further £100k.

If you are interested in investing in the sector, you should take a closer look.

Last week saw the re-launch of HBAN, the All-Island Angel Investment Network.  The network is now managed by Dogpatch Labs (Dublin), in partnership with Ormeau Baths (Belfast), Portershed (Galway), RDI Hub (Kerry) and Republic of Work (Cork) and funded by Enterprise Ireland and InterTradeIreland.