Having received and carefully evaluated dozens of expressions of interest, Tech Nation confirms that it has entered into discussions with Founders Forum Group (FF Group), a global community and group of businesses supporting entrepreneurs at every stage of their journeys. 

QV Bioelectronics, creators of an innovative surgically implanted Electric Field Therapy (EFT) device for the treatment of brain tumours, has been awarded a £860,000 grant under the Combined Investor Partnerships Award. This follow a successful £2m Pre-Series A fundraising round in January 2023, which included a number of angel investors. 

The award from Innovate UK takes the total amount of grant funding awarded to QV to £1.8m, which includes an ongoing Innovate UK Biomedical Catalyst Award and previous support from the National Institute for Health Research (NIHR) and Innovate UK SMART.

cleantech water business WET Global whose innovative water enhancing technology provides sustainable, waste-free water solutions for agriculture, beverage manufacturing, businesses and homes is seeking investment of £5 million.  Join them on the journey.  Find out more - see the full investment ad HERE.

Patch, a company on a mission to reignite UK high streets by empowering thousands of people to “work near home”, has announced a £3m fundraise and the launch of two new sites which will accelerate its plans to bring community-driven “neighbourhood workspaces” to every high street in the country.

This £3m round included investment from JamJar Investments, alongside Blue Wire Capital, Vectr7 Investment Partners LLP, Active Partners (the investors behind Soho House), and Triple Point Ventures.

USA: San Diego Angel Conference (SDAC), a University of San Diego (USD) Knauss School of Business program that activates accredited angel investors and engages promising early-stage companies that drive the innovation ecosystem, has announced the six finalists to move forward toward the final pitch at the SDAC V Angel Conference at USD on April 22.

GERMANY: METYCLE, an online trading platform enabling the digital, fast, and efficient trade of secondary metals, has successfully completed a €1.5 million pre-seed financing round led by marketplace-focused VCs Market One Capital and DFF, as well as angel investors Tom Bird, ambassador and veteran of the global recycling industry, and Louis Pfitzner, entrepreneur and marketplace investor.

Almost half of retail investors in the UK do not have a good understanding of the taxes they must pay on their investments, new research from Shojin has revealed.

Antiverse Ltd, a biotechnology company developing a computational antibody drug discovery platform, has closed a $3 million investment round that will enable further development of its AI-driven drug discovery platform.

Founded in 1992 by Mike Rutterford and Barry Sealey, Archangels is considered to be the oldest, continuously operating business angel syndicate in the world, and is still going strong.  Since then it has invested in 89 early-stage Scottish companies contributing to the growth of the syndicate to become one of the leading angel investment organisations not just in Scotland, but the world.

Much has changed in the startup ecosystem since then.  We spoke to Archangels Joint Managing Director, David Ovens, about some of those big changes and the future opportunities and challenges facing angel investors and the companies they back.

Green Angel Syndicate has made a further investment in flexible energy marketplace Piclo to support its positive growth into the Series B round.

Piclo, the world’s leading flexibility services marketplace, has closed its Series B funding round and raised £8.3 million to further strengthen its market leading position in the UK and Europe, as well as grow its international presence in the US, and Asia-Pacific. The funds will also support the rapidly growing team and further investment in product development.

Green Angel Syndicate has closed its Climate Change Fund fifth round with a record amount that is almost twice the size of its previous round, raised in less time than ever before.