Funding
BotGuard OÜ, an Estonia-founded cyber security software company that helps web hosting providers control traffic and protect their infrastructure from malicious threats, has secured a €12 million Series A funding round led by MMC Ventures.
Autonomo – the startup behind checkout-free software that enables retailers to convert existing stores into a cashierless shopping experience – has successfully closed a £2 million seed funding round, it has been announced.
London-based Ada Ventures, an inclusive VC firm that supports breakthrough ideas, has announced the close of an oversubscribed £63 million fund designed to support a diverse cohort of early-stage founders.
Necture, previously known as Ubiq, a technology firm at the forefront of accelerating the adoption of electric fleets, recently declared that it has secured additional investment, elevating its total Series A funding to €7 million.
Simera Sense, a prominent provider of optical solutions for the Earth observation sector within the small satellite industry, has secured €13.5 million in its initial round of growth financing.
Airnguru, specialising in pricing intelligence, fare management, and price automation for airlines, disclosed today that it has raised $1 million in pre-Series A funding.
Sooma Medical announced it had secured new growth funding of €5 million. The investment round was spearheaded by Voima Ventures, a Nordic early-stage investor focusing on science-based solutions. This funding signifies a significant milestone for Sooma, underscoring its commitment to enhancing global access to treatments for depression and offering effective care for individuals grappling with mental health issues.
Finboot has announced the successful initial closing of its latest funding round, aimed at fuelling the next stage of its growth strategy. This round, with a key focus on aiding companies in their transition to net-zero through technological solutions, was led by a strategic investor alongside Wealth Club.
Steadybit, a company working in the in chaos engineering space, has announced a successful $6 million Series A funding round, led by Paladin Capital Group. This represents a pivotal step in the company’s global expansion efforts.
Manufacturing specialist Get It Made has announced the launch of its 2024 grant to help encourage the next generation of women in UK engineering by taking female-led organisations to the next level.
PitchBook, the data provider for the public and private equity markets, has released 2023 All In: Female Founders in the United States (US) and European Venture Capital (VC) Ecosystems. This is PitchBook’s fifth annual report on the US market and its first European edition, both examining how female founders and investors are stacking up in the broader VC industry.
Nuke From Orbit, a UK-based fintech startup, has successfully raised £500,000 in a pre-seed funding round to launch its product. The company, which seeks to transform mobile security, has drawn attention from prominent investors for its novel method of safeguarding financial accounts and personally identifiable information (PII).
Wobble Genomics, a spin-out from the University of Edinburgh that is pioneering a novel RNA sequencing technique, has secured £8.5 million in funding to commercialise its breakthrough technology.
Zama, an open-source cryptography company specialising in advanced FHE (Fully Homomorphic Encryption) solutions to safeguard privacy within the blockchain and AI sectors, announced a £73 million Series A financing round.
Fluent, a data analytics platform transforming the way decision-makers access and use business data, has announced the close of a $7.5 million seed investment round.
The total value of infrastructure, transport, and building projects across the MENA region stands at approximately $2.5 trillion. In a bid to facilitate connections between construction businesses and suppliers of building materials, pioneering B2B construction tech startup BRKZ, specialising in materials procurement for construction projects, has announced an $8 million investment to empower contractors in reaching their full potential.
Q5D, a developer of wire harness automation equipment for additive manufacturing, has been awarded £918,169 in grant funding to enhance the software powering its CY1000 wiring automation robot.
Theia Insights, a deeptech startup based in the UK, founded by former Amazon Alexa scientist and solo entrepreneur, Dr Ye Tian, has secured £6.5 million in funding. This investment is a testament to the growing interest of US venture capital in the UK’s innovative technology sector.
Founder of Starling Anne Boden revealed to a Keynote Theatre on day one of Tech Show London the struggles she faced in fundraising because she is a woman and how she sees AI could bridge such gaps for female founders.
In the modern age, large companies are wrestling to leverage their customers’ data to provide ever-better AI-enhanced experiences but a key barrier to leveraging this opportunity is mounting public concern around data privacy, as ever-greater data processing poses risks of data leaks by hackers and malicious insiders.
