Chris Morling, one of the UK's most successful tech entrepreneurs and the CEO and co-founder of Online Education Agency Studee, has personally invested £16.5m into an innovative new service that blends technology, marketing automation and human support to deliver pre-assessed applications from international students to universities. 

The SABI has successfully closed its pre-seed investment round, securing €150,000 from a group of industry focused investors. 

Reskube Ltd, the British start-up responsible for an innovative remote-working resilience solution, has successfully raised £500,000 via a crowdfunding campaign. The company behind the Reskube, an always-on power and internet solution in a smart, portable box, will use the money to further enhance its product development and global distribution.

London-based clean heat technology start-up, Futraheat, has closed a £1.5 million seed round led by Clean Growth Fund, the UK cleantech venture capital fund. The new investment, Futraheat’s first equity raise, will be used to accelerate product development and commercialisation of its heat pump technology as well as to grow Futraheat’s team.  Prior to the seed round, investment had been received from Angel investors to match government grant funding.

Tim Pryce chair of biomaterial start-up Cellexcel, looks at how to get a business from the Univeristy R&D lab into the commercial world.

Dorset Business Angels is gearing up for its next pitch event on 17th April where a number of exciting businesses will be pitching for investment from DBA members.  

In 2022, Finnish angels invested €37 million in 248 growth companies, says the latest study conducted by the Finnish Business Angels Network (FiBAN), collecting answers from 450 private investors out of FiBAN's 670 members. 7% of FiBAN members’ investments were made outside of Finland. The most popular countries were Estonia, Sweden, and the United Kingdom.

Within a year after its first funding, Connect Earth closes a $5.6 million seed round to grow its API-first environmental data offering that drives sustainable finance. The round was led by Gresham House Ventures with participation from Love Ventures, Global Brain and its CVC partner The Norinchukin Bank, Portfolio Ventures, Super Capital and strategic angel investors. 

Finland: Carbonaide, a spin-out company from VTT Technical Research Centre of Finland that enables the manufacturing of carbon-negative concrete, has raised €1.8 million in seed funding led by Lakan Betoni and Vantaa Energy. The round was completed with public loans and in-kind contributions from Business Finland and other Finnish concrete companies and strategic investors.

New research* from Pragmatic Semiconductor has revealed that more than three in five (61%) UK science and technology business leaders surveyed agree** British investors are too risk-averse. This comes as new financial support measures were announced in the Spring Budget to support the UK’s ambition to become a ‘science and technology superpower’.

A syndicate of 10 business angels led by Angels Invest Wales lead investor Ashley Cooper has made a follow-on investment in Swansea-based 2B Enterprising, the company delivering an engaging and bilingual enterprise  education programme for primary schools throughout England and Wales. This brings the aggregate number of angel investors over the two funding rounds to 21.

Silicon Microgravity (SMG), the disruptive technology company developing innovative Inertial and Gravity sensors, closes the first stage of its £2.8 million funding round with £1.8 million new funding from the UK Innovation & Science Seed Fund (UKI2S), the Oxford Innovation EIS Growth Fund, Oxford Innovation Finance’s Angel Network (OION) and the Defence and Security Accelerator (DASA).