Funding
After a lacklustre 2023 for UK fintech investment, 2024 has shown promising growth for London’s fintech sector. Current sentiment from the city indicates a significant rise in job opportunities as investors return.
Mountside Ventures, an accelerator and early-stage advisory firm in Europe, has unveiled its 2024 ‘Navigating Corporate Venture Capital’ report, produced in collaboration with Love Ventures, an early-stage venture capital firm specialising in FinTech, Future of Work, and ConsumerTech.
Vertus Energy, a Waste-to-X industrial biotech startup specialising in advanced control of bacteria behaviour, has closed a €8.75 million seed funding round.
Zeti has announced a £5m investment from HYCAP Group, the UK-based net zero energy transition investor, as part of Zeti’s series A financing.
From 2007 to 2018, women-owned companies grew 58% in volume and 46% in revenue. Despite this growth, a significant challenge remains: estimates indicate a roughly $1.7 trillion financing gap for women-owned small- and medium-sized enterprises globally.
Prewave, the AI-enabled sustainability, risk and compliance platform, has raised $67m (€63m) in its Series B funding round, led by the global investment firm Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest and Working Capital Fund.
Skynopy, a Paris-based space startup specialised in satellite connectivity, announces a fundraising of $3.1M closed in only three weeks, just months after its creation.
When you had that incredible idea for a new venture, a business where you could be your own boss, leave that unrewarding career, change the world and/or set yourself and your family up for the future, you didn’t think your nemesis, your night time insomnia gremlin, your palpable stress and relationship breaker would be….cashflow.
Myria Biosciences AG, a pioneering drug discovery company based in Basel, has successfully closed its pre-seed funding round, surpassing its initial undisclosed target.
SurrealDB, the multi-model database, has secured a $20 million investment round led by FirstMark and Georgian, with contributions from Crew Capital and Alumni Ventures, bringing its total funding to $26 million.
Zendesk, known for delivering comprehensive AI solutions for customer experience, has officially unveiled its global venture fund aimed at supporting AI-centric companies enhancing customer and employee experiences.
The NATO Innovation Fund has unveiled its inaugural deeptech investments aimed at tackling defence, security, and resilience challenges. These initial equity investments, drawn from the €1 billion fund, are set to propel advancements in novel materials, manufacturing, AI, and robotics.
Copilot Capital, a newly established private equity firm dedicated to nurturing the next wave of European software leaders, has unveiled a $200 million fund.
Global venture capital firm Pi Labs has successfully concluded its twelfth annual growth programme for early-stage startups, resulting in the participating companies securing $7.5 million in seed and pre-seed funding.
Australian verification software company Atticus has closed a $10.84 million minority investment from Skip Capital and Blackbird Ventures as it continues to lead the booming global market in fact-checking tools.
Gener8, a free-to-use app empowering people to control and be rewarded from their data, has announced a £2 million funding round, valuing the company at £39 million.
Gracia AI has unveiled its AI-powered technology designed for professional creators and media companies. This innovation facilitates the creation of photorealistic volumetric videos for Spatial Computing, offering six degrees of freedom viewing.
FINBOURNE Technology’s solutions deliver an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market; it has announced that it has raised £55m in Series B funding.
The Players Fund, the UK’s first athlete-led venture capital firm, has joined forces with LeBron James, Epic Games, Nike, and Fenway Sports Group to support Hana Kuma, the Emmy-nominated production company and creative platform founded by tennis champion Naomi Osaka and agent Stuart Duguid.
Cardino, a company in the used electric vehicle (EV) market, has recently announced its successful €4 million seed funding round, led by Point Nine. The round received support from various distinguished angel investors and notable figures, including key investors from platforms such as Rosberg Ventures, Vinted.com, Bolt, HomeToGo, Dance, and HeyJobs.
