Funding

Oxford Flow receives $25M funding from bp Ventures and EIP

bp Ventures and EIP co-led the $25 million Series C funding round that will be used to scale up Oxford Flow’s operations.

AUAR is awarded £341K Smart Grant by Innovate UK

Construction tech startup Automated Architecture (AUAR) has been awarded a Smart Grant of £341K by Innovate UK. The grant is for a project aiming to overcome the technological challenges that lie in scaling up AUAR’s building system and micro-factory platform to manufacture mid-rise timber housing, up to 6 storeys.

Roto VR closes £2.4M funding round

Roto VR, designer of the world’s first interactive VR chair has secured £2.4 million in funding to capitalise on market appetite for enhanced VR gaming. The rollout of the Roto VR Explorer chair was launched globally on 8th November 2024.

French foodtech giant Clone launches in the Netherlands

Clone, the Paris-based European foodtech startup that has secured €105 million in funding, is officially launching in the Netherlands. The company aims to help restaurateurs maximise their kitchen capacity through a unique supply chain model paired with virtual restaurant brands focused on delivery.

Stackfix raises $3M to build software comparison platform

Stackfix, the AI-powered software comparison platform, has raised $3 million in Seed funding to speed-up software buying for small businesses globally. Chalfen Ventures led the round, with participation from Seedcamp and helloworld, alongside prominent angel investors such as Paul Forster (Founder of Indeed.com), Mehdi Ghissassi (Head of Product at DeepMind), Matt Clifford (Chair of Entrepreneur First and ARIA), Alice Bentinck (Co-Founder of Entrepreneur First), and Charlie Delingpole (Founder of ComplyAdvantage).

Wally secures €1.7M to expand platform and democratise real estate investment

A year and a half after its creation by real estate private equity experts Maxime Parpex and Nathan Zappelli, Wally, the French startup and club-deal real estate investment platform, has announced a €1.7 million fundraising round. This funding aims to strengthen Wally’s value proposition and support the development of its platform.

Inotec secures $33M Series C to accelerate US expansion

Inotec AMD, whose product NATROX O₂ is a forerunner in continuous topical oxygen therapy (cTOT) for advanced wound care, has announced the successful close of a $33 million Series C financing round. The funding, led by existing investors, Amadeus Capital Partners, Meltwind, Puhua Capital and the Wealth Club, marks a major milestone in the company’s mission to heal every chronic wound and improve patients’ lives on a global scale.

Pathway secures $10M to advance the development of Live AI

Pathway, the data company that builds live AI, has announced a $10 million seed round to build live AI systems that think and learn in real-time as humans do.

Predium raises €13M to decarbonise the real estate industry

Predium, a provider of ESG management solutions for the real estate and finance industry, has successfully closed a Series A financing round of €13 million. With this investment, Predium strengthens its position as the Real Estate Intelligence Platform for sustainable and economical real estate management.

Recruitment AI startup Vente raises £500K

Vente AI, the startup building AI to automate business development for recruiters, has raised £500k just six months after being founded.

Darwin raises €1.5M to help companies reduce biodiversity impact

The planet is facing a real biodiversity crisis that can no longer be ignored. More than half of the global GDP relies to some extent on nature, and according to the IPBES, one million species are currently threatened, representing the sixth mass extinction. This is a matter of urgency, and businesses have an important role to play in protecting biodiversity. Together with darwin, they will find the keys to more sustainable business models.

Tembo raises £14M Series B to help more first-time buyers save for and buy their home

Tembo, the award-winning digital savings and mortgage platform, specialising in maximising affordability, has raised £14 million in funding. The Series B round was led by Goodwater Capital with participation from Tembo’s existing investors including Aviva, Ascension Ventures, Love Ventures and McPike Family Office. This brings the company’s total funding raised to £20 million.

Akhetonics raises €6M to accelerate the delivery of all-optical digital processor

Akhetonics, the pioneer of the a true all-optical digital processor, has raised €6 million in a funding round led by Matterwave Ventures, with participation from 468 Capital, Bayern Kapital, and existing investors Runa Capital, Rheingau Founders, and more.

Boosting investment in UK female-led businesses

Recent findings from the government’s Invest in Women Taskforce paint a concerning picture for female entrepreneurs in the UK. Private-equity investment in women-led businesses dropped to 1.8% in the first half of this year, down from 2.5% in 2023. This decline exacerbates an already challenging landscape, where fewer than 6% of active equity-backed companies have female founders.

London businesswoman wins £15,000 in business support to scale female investment platform

A London businesswoman has been selected from more than 800 other female entrepreneurs to win £15,000 in business support to help scale her new finance app which will encourage more women to invest their money.

SatVu secures £20M to expand high-res thermal imaging for global climate action

SatVu, a global company in climate technology, has secured £20 million in strategic funding, comprising a £10 million landmark equity round co-led by European venture capital firm Adara Ventures and existing investor Molten Ventures, and an insurance payout.

Volter raises $3.2M to accelerate solar energy generation for real estate

Volter, the operating system for commercial and industrial (C&I) rooftop solar, has secured $3.2 million in pre-seed funding. The round was led by Transition, with participation from Seedcamp as well as Neptunia, a prominent real estate investor.

Europe’s VC scene needs to evolve, but we shouldn’t lose sight of what makes it unique

Mario Draghi’s recent EU competitiveness report is a stark reminder of what needs to change in Europe’s wider venture capital (VC) scene. The report argues that insufficient venture capital has limited the growth of European tech and economic growth more widely; estimating that an additional €800 billion in annual investment, mostly from the private sector, is needed for the continent to catch up with the US and China.

UK digital diagnostics startup PocDoc secures largest pre-A funding round

The UK’s largest ever pre- A funding round for a digital diagnostics company, has been announced by Cambridge-based healthtech startup, PocDoc.

Battery startup Molyon raises $4.6M to create a new future for sustainable batteries

Molyon – the spinout developing next-generation batteries with double the energy density of current lithium-ion batteries – has raised $4.6 million in its first funding co-led by IQ Capital and Plural. The funding will kickstart manufacturing at its pilot facility in Cambridge through expansion of the core team including battery engineers, material scientists and operations staff.