Wealth Club has led a £4.5 million investment round raising £2.35 million, or 52% of the total raise, under the Enterprise Investment Scheme (EIS) for Fabacus, a Software as a service (SaaS) platform for the licensing industry. 

eTEU, a SaaS platform that removes the need for physical shipping paperwork, has secured a new round of funding from early-stage focused venture capital firm Jenson Funding Partners alongside Larix Equity, Pinto Ventures, and a number of angel investors including Nils Wemhoener, former Head of Logistics for Amazon Europe, Joao Monteiro, former VP of New Business at Kuehne + Nagel and Sandi Fati?, Co-founder of Calimero and first infrastructure engineer at NEAR Protocol. 

SpaceTech business Gravitilab has raised more than £900k during the last quarter from investors including angels from Anglia Capital Group, and is now embarking on a new £5mil Series A round.

An exciting young Norwich-based tech business Homemove has been successful in securing funding through Anglia Capital Group as part of a £350,000 raise.

Innovative health app, Holly Health, marks a £1.5 million investment milestone with support from the Women Angels of the North angel syndicate and Leeds-based non-profit NorthInvest.  Promising better help for their 20,000-strong customer base. 

Gigged.AI is set to scale its HR tech as companies address hiring freezes and staff retention.  The company has also secured its latest investment, a £1.6m seed round led by Par Equity alongside existing investor Techstart Ventures, Nile HQ, and a number of leading entrepreneurs. 

Smart electricity storage company Powervault has closed a scale-up investment round of £3.8 million from existing and new investors, including Green Angel Syndicate and its Climate Change Fund. This equity investment round has triggered the conversion of £3.1 million in Loan Notes raised in 2020 under the British Business Bank’s Future Fund structure.

Powervault’s ambition is to cement its position and become the undisputed UK market leader for highly functional intelligent battery storage in the brave new world of renewable energy, the smart grid, the internet of things and electric vehicles.

Cydar Medical, a global, cloud-based surgical software company, has completed a £9.3 million Series A funding round from investors including Pembroke VCT, Downing and Greenwood Way Capital.  

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The National Enterprise Network (NEN) has released its report ‘Adding Value Across Enterprise’ 

NIGERIA: Curacel, Africa’s leading insurance infrastructure provider, has raised $3 million in seed funding to roll out new technology solutions designed to power the next generation of insurance experiences in Africa. The new funding will also support the company’s expansion into North Africa.

SPAIN: Snab, the Spanish payment platform that allows payments and transfers between companies in one click, has raised €1.1Million in its first funding round.