Funding
Over 3 million cases of fraud are reported in the UK every year, shockingly it accounts for nearly 40% of all reported crime. To tackle this, financial institutions are turning to AI but AI requires large amounts of data and access to that data is a challenge.
Embeddable, an award-winning developer tool for building interactive customer-facing analytics directly within software applications, has announced the close of its oversubscribed €6 million seed funding round.
KHP Ventures has launched the Innovations in Mental Health (IMH) Fund, which is dedicated to accelerating technologies with the potential to transform mental health outcomes. Portfolio companies will be supported through a first-of-its-kind delivery partnership with the UK’s largest mental health provider, the South London, and Maudsley NHS Foundation Trust (SLaM).
SatVu, a pioneer in climate technology, has secured a €1 million project to reduce its time-to-market and scale up its operations by partnering up with one of the world’s foremost independent energy and commodities trading companies.
Baller League, the 6×6 football league with a rapidly growing fan base, has announced that it has raised $25 million in a Series A funding round led by EQT Ventures. This follows an $8 million round closed in Summer 2024.
Startup Maisa confirms it has completed a $5m pre-seed round funded by NFX and Village Global, VCs backed by many of the world’s most successful entrepreneurs.
The grant landscape has come on leaps and bounds in the last decade. Not only has the UK broadened its horizon to include societal innovation, but it has strengthened its regional focus to help communities and industries across the country.
ANYbotics, a specialist in AI-driven robotic inspection solutions, has raised an additional $60 million, bringing its total funding to over $130 million.
Ayan Capital, a London-based fintech, has successfully raised £2.8 million in equity funding which will be used to expand halal car finance and other Islamic finance products in the UK.
The German energy startup SpotmyEnergy has secured fresh capital amounting to 10.5 million euros in a seed financing round.
In an exciting development for the culinary and hospitality industry, Yhangry has successfully raised over $1 million in investment within a mere two weeks. This funding round has attracted notable investors, including TV personality Ollie Locke, Co-Founder of Mr & Mrs Smith Tamara Lohan, and Michael Seibel the MD of Y Combinator. With plans to expand into the US market in 2025, Yhangry is poised for significant growth.
AgriRobot, a pioneering agritech company developing safety software for autonomous agricultural robots, has announced the successful first closing of its latest funding round. This investment brings the total capital raised by the Danish innovator to more than €2.5 million and will fuel AgriRobot’s mission to revolutionise agriculture by enabling safe and efficient autonomous agricultural operations.
Nscale, the hyperscaler engineered for AI, has announced that it has raised $155 million in Series A funding to accelerate expansion across Europe and North America. Led by Sandton Capital Partners, with participation from Kestrel, Bluesky Asset Management, and Florence Capital, this oversubscribed funding round signals strong confidence in Nscale’s path to building the hyperscaler, purposely engineered for AI.
FIGR Ventures, a newly established family office fund, has announced its first portfolio investment into TRUSS, a UK-based tech startup revolutionising the fashion industry by powering resale with AI-enabled data infrastructure.
FIGR Ventures, a newly established family office fund, has launched to invest in early-stage, mission-driven businesses.
bp Ventures and EIP co-led the $25 million Series C funding round that will be used to scale up Oxford Flow’s operations.
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.
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, 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).
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.
