Funding

British Video Game Developers Secure Multi-Million Pound Support

Grants of up to £150,000 from the UK Games Fund (UKGF) will help 22 high-potential games companies in hiring additional staff, securing publishing deals, and unlocking more private investment.

HoloSurge awarded €8.9M Horizon Europe grant to improve surgical planning with hologram technology

HoloSurge, an ambitious four-year initiative, has secured one of the largest EU grants in recent history, amounting to €8.9 million. This project unites 14 European leaders in technology and healthcare research, aiming to mitigate the risk of complications during planned surgeries.

gaitQ and machineMD secure million-dollar research grant to monitor Parkinson’s development

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 Closes $12M Seed Round to Decarbonise Heavy Industry with Aluminum-Powered Energy Systems

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 raises oversubscribed growth funding round to expand global SAR leadership

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 raises in excess of $110M in Series C round led by investment from ACS

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.

Isospec Analytics Secures $1.9M to Rapidly Identify Unknown Molecules

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 raises €3.7M to decarbonise aerial inspection with hydrogen airship drone

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.

Tramshed Tech Launch Female Founder Investor Readiness Programme in Partnership with British Business Bank

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.

Navigating the investment landscape – three questions your startup should ask

In 2023, the UK’s startup ecosystem was valued at just under $1 trillion, making it one of the most valuable in the world.

UK FinTech Funding Falls 15% in Q1 2024 Due to Drop in Seed-Stage Investments

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’s Green Fund changes investment focus

SmartCap has revised the terms of the Green Fund Direct Investment Programme, which is dedicated to green technology startups.

Trident IoT Completes $10M Fundraising Round; Welcomes Todd Pedersen to Board

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.

What You Should Know About the Venture Fund Business Model

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.

Barclays leads Funding Xchange Series B funding round

Barclays lead FXE’s Series B funding round, which is open to a consortium of FXE clients.

Accel leads $20m round in Sprinto as it helps businesses build trust through its platform

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.

The Unexpected Upside: How Fintech’s Funding Slowdown Fuels Future Fortunes

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.

Blackfinch Ventures Accelerates Tech Growth with over £12m invested as Tax Year Concludes

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.

Pactio raises $14m Series A to digitise private markets

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.

What is a Seed Fund?
What is a seed fund?

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.