Funding

Monument Therapeutics, a neuroscience company applying digital biomarkers to psychiatric drug development, has secured £850,000 in further funding led by ACF Investors, with participation from Wren Capital, o2h Ventures, and angel investors. The investment will be used to fund its schizophrenia programme and drive the next stage of growth for the company.

Birmingham-based entrepreneurs Brendon and Jaydon, the brothers behind the rapidly growing seasoning and sauce brand Lumberjaxe, have secured a £90,000 investment for 20% equity from guest Dragon Emma Grede on BBC One’s Dragons’ Den.

The speedy growth of fintechs is currently driven by innovations that seem to change every other day. While startups are at the forefront of this transformation, they often require significant financial backing and strategic guidance to scale their solutions. This is where angel investors play a crucial role to act as both financiers and mentors, helping fintech companies navigate regulatory landscapes, achieve market traction, and build sustainable business models.

METYCLE, a digital platform for international secondary metal trade, has successfully closed its €14.1 million Series A funding round. The round was led by 2150 with strong continuous investment from existing investors DFF Ventures, Market One Capital, Partech, and Project A.

Safe Intelligence, a startup in deep validation artificial intelligence (AI) systems, has announced that it has secured £4.15 million in seed funding in an investment round led by Amadeus Capital Partners, with participation from new investor OTB Ventures and existing investor Vsquared Ventures.

Augury, a company in Industrial AI solutions for Reliability and Process Optimisation, has announced that it has raised $75 million in growth funding from Lightrock, a global investment platform committed to building a sustainable future as part of its climate investment portfolio.

Aura Funerals, the digital end-of-life planning and funeral service, has announced a successful £750,000 funding round through Angel Investment Network, the online angel investment platform. This marks Aura’s third successful raise through the network. The funds were raised as part of a larger £3.2 million growth funding round.

Stacks, the AI-powered workspace helping companies close their books quickly and efficiently, has announced a $3 million pre-seed round led by EQT Ventures, followed by a fast-tracked $7 million seed round led by General Catalyst, with EQT Ventures doubling down on their investment. The rounds also saw participation from s16vc and prominent angel investors including Mike Taylor, CFO of Gusto, and Simone Rüschenberg, CFO at Taktile.

Cambridge GaN Devices (CGD), a startup working in gallium nitride (GaN) power devices, has successfully closed a $32 million Series C funding round. The investment was led by a strategic investor with participation from British Patient Capital and supported by existing investors Parkwalk, BGF, Cambridge Innovation Capital (CIC), Foresight Group, and  IQ Capital.

Defying today’s challenging funding landscape, healthtech startup Level Zero Health has announced a £5.5 million pre-seed funding round spearheaded by European VC, redalpine, to enable remote and continuous hormone monitoring using first-of-their-kind DNA-based sensors. HAX (SOSV), Entrepreneur First, and industry experts also contributed to the round.

IMPOSSIBREW is a team of London-based beer lovers who are harnessing tech to create enhanced functional non-alcoholic beers that deliver both relaxation and exceptional taste. Its Social Blend technology helps drinkers unwind naturally, offering a true third choice beyond ‘drinking’ and ‘not drinking’ and pioneering a new category in functional drinking.

Augmetec, the legaltech startup founded and led by Kritin Sundaram, announces that it has raised over £2 million in seed funding to turbo charge its growth. The round is led by UK-based early-stage investors Fuel Ventures, with participation from Swiss fund 14Peaks Capital, and three industry angel investors, including the Founding Partner of one of the world’s largest law firms, the family office of a $1 billion+ legaltech organisation, and the Head of Fraud at Asia’s largest law firm.

The global construction industry, valued at $12 trillion annually, builds the infrastructure underpinning modern life – from highways and data centres to renewable energy. Yet, for decades, it has faced persistent challenges: inefficiencies, project delays, cost overruns, and a growing labour shortage. Despite its size, the industry spends less than 1% of revenue on IT, resulting in stagnant productivity growth for decades.

Ori, a UK-based provider of cloud infrastructure for AI, has secured a key strategic investment from Wa’ed Ventures, Saudi Aramco’s venture capital arm, as it eyes up explosive growth in the Middle East market over the coming 12 months. Financial terms of the investment were not disclosed.

Hydrogen heating technology company HYTING has announced financing from investment and venture capital firm BMH Beteiligungs-Managementgesellschaft Hessen and ebm-papst. The financing will see both firms become shareholders of HYTING, and the capital raised in this round will be used for further product development, expansion of the product portfolio, and to attract new customers.

FLIT, an engineering company that builds folding electric bikes for urban commuters, has raised £1.2 million in new funding with participation from ACF Investors, Cambridge Angels and former Head of Technical Development at British Cycling, Tony Purnell. The funding will be used to ramp up production of its latest model, the FLIT M2 at its Cambridge facility.

Healthcare is undergoing a fundamental transformation, shifting from reactive sick care to proactive health management, with consumers firmly in the driver’s seat. While the US market has seen the rise of consumer-centric healthcare champions like Hims/Hers, Headspace, and Function Health, Europe’s market remains underserved. Today, naturalX Health Ventures has announced a €100 million fund to accelerate this revolution in Europe, becoming the first specialised fund focused exclusively on the intersection of consumer and health in the European market.

Noxus has raised $1.5 million in pre-Seed funding. Led by SFC Capital, the round also saw participation from Antler, Bynd VC, Caixa Capital, AltaIR Capital, I2BF Global Ventures, Yellow Rocks, and Smart Partnership Capital plus prominent business angels from the European ecosystem. The funding will help further develop and scale Noxus’ platform and expand operations.

Funding and support are now available for the next generation of great ideas to take silicon photonics from research to implementation.

Bluebook, the AI-powered software specifically designed for savvy accounting firms eager to embrace AI innovation and transform traditional accounting practices, has announced it has raised $3 million in funding including $2.5 million pre-seed round led by EQT Ventures and a separate capital injection from Y Combinator. Angel investors in the pre-seed round include Huey Lin (Founding COO of Affirm), Laura Modiano (OpenAI) and Carles Reina (Eleven Labs).