Funding
The UK’s largest ever pre- A funding round for a digital diagnostics company, has been announced by Cambridge-based healthtech startup, PocDoc.
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.
Argil, the video engine for the creator economy, has announced it has raised €4.9 million in pre-seed and seed funding as it emerges from the Y Combinator incubator. The company raised €3.9 million in a round led by EQT Ventures and with participation from renowned youtuber Kwebblekop, who has over 15 million subscribers and uses Argil to grow his own Youtube channel, and Charles Gorintin, Co-Founder & CTO of Alan, Co-Founding Advisor of Mistral AI.
Trilateral Research, which investigates ethical AI solutions to address a range of complex social issues, has secured a £2.5 million investment from Growth Lending. The funds will facilitate the growth of the business as Trilateral Research accelerates the rollout of ethical AI products, which are designed to tackle complex social issues such as child safeguarding, modern slavery and public health.
Ukrainian startup GetOrder, a rising star in the restaurant-tech sector, has raised $250,000 in a pre-seed funding round led by the venture capital fund Digital Future, with additional backing from the United Angels Network. The funding will drive the company’s expansion into European markets and enhance its product offerings for the restaurant industry, aiming to streamline operations and improve efficiency.
HyperHeat, the startup using renewable energy to make Zero-Carbon industrial heat, has successfully raised €3.5 million in a funding round. The investment was led by the Amadeus APEX Technology Fund with participation from Finindus, Possible Ventures, E44 Ventures, Breakthrough Energy Fellows, and a group of seasoned business angel investors.
Biolevate, a software company accelerating healthcare innovations through AI, has announced that it has raised €6 million in a seed funding round led by EQT Ventures, with participation from bpifrance and prominent angel investors.
The Invest in Women Taskforce has secured over £250 million in funding to support female entrepreneurs in the UK.
MAGIC AI, the startup that has created the fitness mirror that uses AI to track and train its users has announced it has raised a $5 million funding round.
emma, the cloud management platform transforming how businesses optimise and scale their cloud infrastructure, has announced the successful closure of its $17 million Series A funding round. This follows its $6 million Seed Round in March 2023, bringing total funding to $23 million within two years.
Northern Gritstone, the investment company focused on science and technology businesses in the North of England and chaired by Lord Jim O’Neill, has announced a combined £4 million seed round investment into Exciting Instruments with co-investors Empirical Ventures, who led on scientific due diligence, NPIF II – Praetura Equity Finance (managed by Praetura Ventures as part of the Northern Powerhouse Investment Fund II) and serial entrepreneurs Stan Boland and Jonathan Millner.
Celebratix, a Dutch blockchain ticketing startup backed by Solana, has secured €1.1 million in investments from numerous Dutch serial entrepreneurs, the Swedish VC uBIT, and the UK business angel Justin Rees. The funds will be used to expand internationally. “We are beyond excited to set a new standard of blockchain based ticketing,” says Frank Roskam, Founder and CEO of Celebratix.
AI integration platform Eden AI has announced a €3 million seed round led by Galion.exe, with participation from 50 Partners and several prominent business angels including Olivier Pomel (Co-Founder of Datadog), Sébastien Pahl (Co-Founder of Docker) and Alix de Sagazan (Co-Founder of ABTasty).
“This is the dawn of a zero-emission revival in waterborne transportation,” says Gustav Hasselskog, Candela’s Founder and CEO.
Continuous Software, a provider of intelligent strategic portfolio planning solutions, has announced the completion of the first phase of a €2.5 million seed funding round.
Chartered commercial broker Konsileo has completed a £8 million fundraise to accelerate its expansion across the UK.
FertilAI has raised $4.5 million co-led by Longevity Venture Partners and Redseed with additional investment from angel investors.
UK Innovation & Science Seed Fund, managed by Future Planet Capital and in partnership with the Government Office for Technology Transfer, a part of the Department for Science, Innovation and Technology, has announced pre-incorporation investment into Sona, from the world-leading National Physical Laboratory, which is developing a patented pioneering pre-imaging solution for breast density assessment.
Apideck, a provider of real-time Unified APIs, has announced that it has raised $7.5 million in a Series A funding round. Led by Amsterdam-based Airbridge Equity Partners, the round includes PMV, angel investors, and executives from Atlassian, Rocketreach, Aikido, Teamleader, and Proxyclick. The investment will accelerate the company’s global growth and enhance its product offering, simplifying API integrations for B2B software and fintech companies.
TEKEVER, the European startup in AI-centric Unmanned Aerial Systems (UAS), has announced that it has raised €70 million in a funding round led by Baillie Gifford, the investment manager and early backer of Airbnb, Spotify, and SpaceX, and the NATO Innovation Fund (NIF), a standalone venture capital fund, backed by 24 NATO allies, that deploys €1 billion in deep tech to advance defence, security, and resilience.
