Funding

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.

PastPay, a provider of B2B payment solutions, has announced a €12 million Series A funding round led by Platina Capital in collaboration with several leading financial institutions and high-profile private investors.

HeyFlow, a company focused on female reproductive health inclusion in the workplace, has become the first investment client of Aer Venture Studios, the impact-driven SaaS arm of Aer Studios. The £235,000 investment will support the development of HeyFlow’s tech platform and employee insight product, helping the company expand its reach to more enterprise clients.

Puraffinity, a startup specialising in precision technology to remove toxic “forever chemicals” (PFAS) from water, has unveiled plans for significant expansion following a £6.73 million investment from BGF and the appointment of Vincent Caillaud as its new CEO.

CardiaTec, a biotech company focused on decoding the biology behind cardiovascular disease, has announced the successful completion of a $6.5 million seed funding round. This capital injection will enable CardiaTec to enhance its platform and advance its proprietary drug targets into the preclinical phase.

NanoSyrinx, a synthetic biology company pioneering nanosyringes for targeted intracellular delivery of biologic therapeutics, has secured approximately £10 million ($13 million) in a new financing round.

Hello Inside, a metabolic health service using Continuous Glucose Monitoring (CGM) technology tailored for women, has secured €1.65 million in seed funding.

Reonic, a climatetech SaaS startup dedicated to advancing sustainable energy solutions across Europe, has secured €13 million in a Series A funding round. Northzone led the investment, with support from existing backers Point Nine and Puzzle Ventures.

Stylus, a startup aiming to transform teacher workloads through AI-powered marking and feedback, has raised £500,000 in a funding round led by Sure Valley Ventures, a venture capital firm focused on AI-driven innovation.

Helsinki- and Palo Alto-based startup Root Signals has secured $2.8 million in funding to advance its generative AI (GenAI) measurement platform, which employs LLM-as-a-judge techniques.

Retrograde, the AI talent agency for content creators co-founded by Grace Beverley, has raised €1.8 million in pre-seed funding.

Cypriot startup Placy has secured €1 million in pre-seed funding to advance its AI-driven platform. Placy, founded just 10 months ago in Limassol by former CIAN and Wargaming colleagues, aims to streamline and automate the often cumbersome processes involved in property transactions.

Treble Technologies, a startup in sound simulation and synthetic audio data generation, has secured €11 million in a Series A funding round.

OceanScore, a provider of data and compliance management solutions for the maritime industry, has secured a €5 million in an oversubscribed Series A funding round. This fresh capital injection will enable OceanScore to enhance its product offerings and broaden its global reach.

The World Economic Forum has highlighted the Skills Gap Crisis as a critical issue, projecting a potential loss of $11.5 trillion in GDP growth over the next decade if unaddressed.

DeSci Labs has secured $6.5 million in seed funding to develop the infrastructure for a traceable digital version of the scientific record. Supported by prominent investors, this software engineering startup has reached key R&D milestones to launch DeSci Publish, the first open-source, peer-to-peer platform for scientific publishing.