Funding
Turneo, a traveltech startup specialising in experiential hospitality, has announced the closing of a €2 million seed funding round. The round was led by Bessemer Venture Partners, with additional backing from Underline Ventures.
US-based email security firm EasyDMARC has secured $20 million in Series A funding, led by New York-based Radian Capital. This investment represents a pivotal moment for the company as it aims to broaden its global reach and solidify its standing in the email security sector.
Turning an idea into a real product and protecting the associated intellectual property (IP) is not cheap, so how can you make your desired outcome into reality? Dr Florence Albert, Patent Attorney at Albright IP, looks at some options.
Swedish fintech company Savr has received additional funding from Incore Invest, a European investment firm specialising in growth-stage companies, strengthening their ongoing partnership.
Smalt, a talent-supply and labour productivity platform for the energy transition, has secured €8 million in a pre-emptive seed funding round. The funding aims to accelerate Smalt’s growth in the tech-enabled solar sector for both commercial and residential markets, addressing labour supply challenges in Europe’s climate tech industry.
VidLab7, an AI-driven media suite aiming to transform sales processes with tailored video content, has secured €3.5 million in seed funding led by EQT Ventures, with contributions from notable angel investors.
Glasgow’s marketing technology startup, Triyit, secured an £850,000 investment from the Investment Fund for Scotland (IFS), overseen by Maven Capital Partners and backed by the British Business Bank, contributing to a total funding round of £1.1 million.
A new startup emerging from the ADAPT Research Centre for AI-Driven Digital Content Technology at Trinity College Dublin is set to revolutionise the content licensing industry with a cutting-edge AI-powered service.
Reverion, a company pioneering carbon-negative, reversible power plants, has secured $62 million in Series A funding, including non-dilutive capital. The round, which exceeded expectations, was led by Energy Impact Partners (EIP) and saw backing from Honda and the European Innovation Council Fund (EIC Fund).
EIT InnoEnergy, known for driving innovation in sustainable energy, has committed €1 million to LignEasy, a trailblazer in bio-based materials.
Purple Transform, an AI-driven data analytics firm specialising in preventing incidents like theft, trespassing, and antisocial behaviour on railway lines, has secured £4.5m in a funding round led by Mercia Ventures through the Midlands Engine Investment Fund II, with backing from Sure Valley Ventures.
Twin Science & Robotics, a UK-based edtech startup, has secured £1.25 million in a funding round led by Soulmates Ventures, with participation from APY Ventures, existing backers, and notable angel investors. This new investment will fuel the company’s global growth, with a particular focus on expanding its presence in the US.
Kinetix has unveiled its AI-UGC Fund, a $1 million initiative aimed at empowering game developers and modders to integrate Generative AI technologies directly into gameplay. The first beneficiary of the fund is SmokeSpot Games, creators of the customisable fighting and fashion game Dropcult.
SOLASTA Bio, a Glasgow-based agri-biotech firm pioneering next-generation green insecticides, has closed an oversubscribed $14 million Series A funding round. The capital injection will accelerate the development of its peptide-based bioinsecticides – innovative, nature-inspired solutions that represent a world-first in the industry.
Cashmere, an AI-powered client acquisition platform for wealth management firms, has successfully completed a $3.6 million seed funding round.
Baseload Capital, a Swedish company advancing geothermal energy on a global scale, announced the completion of its €53 million Series B funding round.
Triple Point, a purpose-driven investment manager, has launched a new £10 million fundraising initiative for its Triple Point Venture VCT (“the VCT”). This capital raise will support the VCT’s growing portfolio of 50 innovative B2B startups spanning 20 different sectors.
Recruitment technology company, Willo, has raised £1.8 million in a recent funding round, with significant backing from Peter Bauer, the US-based founder of Mimecast, a global business in email security. Bauer’s £1.5 million investment highlights his confidence in Willo’s potential for significant international growth, driven by its advanced video interview platform.
£150k of funding, advertising, and resource support is up for grabs for one budding entrepreneur from less advantaged backgrounds outside of London thanks to an entrepreneurship programme Havas Boost launched by Havas Media Network UK.
Access to funding, as well as a lack of financial skills and confidence, are some of the major barriers holding female entrepreneurs back, according to a new report by Small Business Britain, in partnership with Square and Clearpay.
