Funding
The Oxford-based medical technology startup, gaitQ, and the Swiss medical device company, machineMD, recently announced the joint award of a research grant from InnovateUK and Innosuisse. This grant, valued at one million dollars, aims to facilitate the collection and analysis of critical movement data from people with Parkinson’s (PwP).
Found Energy, a cleantech startup building industrial decarbonisation solutions that harness the embodied energy of aluminium, has announced an oversubscribed Seed Round of $12 million.
ICEYE, a leader in synthetic aperture radar (SAR) satellite operations for Earth Observation, persistent monitoring, and natural disaster solutions, today confirmed the signing of a definitive agreement for a $93 million growth funding round, which was oversubscribed.
Skyports, a company specialising in vertiport infrastructure and electric drone operations, announced that the ACS Group, a prominent infrastructure and construction firm, has made a significant equity investment in Skyports, becoming its largest investor.
When developing new drugs, nutritional products, or pesticides, it is essential that unknown molecules are identified accurately. However, this identification process is often lengthy and fraught with failures, leading to unsuccessful regulatory approvals or, more critically, risks to consumer health.
HyLight, an innovator in aerial inspection with its hydrogen airship drones, has successfully raised €3.7 million from venture capitalists and business angels, including Y Combinator, Ring Capital, Kima Ventures, Collaborative Fund, and Tesla co-founder Marc Tarpenning. This funding aims to revolutionise aerial inspection by decarbonising the process.
In 2023, the UK’s startup ecosystem was valued at just under $1 trillion, making it one of the most valuable in the world.
Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: UK FinTech Q1 2024. The report, based on Tracxn’s extensive database, provides insights into the UK FinTech space.
SmartCap has revised the terms of the Green Fund Direct Investment Programme, which is dedicated to green technology startups.
Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for manufacturers of connected devices, announced the completion of a $10 million fundraising round.
Many entrepreneurs seeking venture capital funding should fully understand the decision-making process and how funds in a VC firm operate. Let’s explore why valuations are crucial for the investment committee and how mathematics works in the VC world.
Tramshed Tech, a female-founded innovation hub in Wales, is delighted to announce the launch of its Female Founder Investor Readiness Programme in partnership with the British Business Bank.
Barclays lead FXE’s Series B funding round, which is open to a consortium of FXE clients.
Companies are increasingly under pressure to prioritise security risks and align with security and privacy standards. Failure to comply can lead to a loss of business, substantial regulatory fines, and reputational damage.
A significant shift is occurring in the dynamic world of financial technology, or fintech. What initially seemed like a concerning downturn in investment is gradually revealing itself as a pivotal moment of opportunity.
In the financial year 2023/24, Blackfinch Ventures invested more than £12 million in a diverse range of early-stage and growth-stage companies, reinforcing its commitment to the UK’s burgeoning tech economy.
The entrepreneurial journey is fraught with challenges, yet it offers the exhilarating potential of turning innovative ideas into tangible businesses. At the heart of this journey lies the quest for initial financing, with seed funding acting as the cornerstone for aspiring startups.
Carrar, a specialist in battery modules and thermal management systems for electric vehicles (EVs), has successfully concluded its $5.3 million Series A financing round.
Pactio, a platform in digital infrastructure for the private markets, has announced a successful $14 million (£11 million) Series A funding round, led by EQT Ventures.
In a recently released survey from the Bank of England, in collaboration with the Department for Business and Trade, data showed that 20% of small and medium-sized enterprises (SMEs) said they had underinvested in their business during the previous three years, yet the sector still shows a general theme of aversion to raising external finance.
