Funding

The recruitment tech startup HireAra has raised a £450,000 Seed round for their AI-powered candidate presentation platform for recruitment agencies. The platform helps recruiters to make their brand and their candidates stand out to hiring clients, increasing the speed at which these candidates are placed in new roles.

AI audio content pioneer Wondercraft has raised a $3m Seed round to scale its ‘Canva of audio’ platform in a round led by Will Ventures and backed by Y Combinator,  ElevenLabs, Steven Bartlett and other Angels. The technology enables anyone to create studio-quality audio productions – whether it’s for podcasts, ads, audiobooks, meditations or training materials – in any language, by simply typing.

OpenDialog, a conversational AI platform catering to regulated industries, has successfully secured over $8 million in a Series A funding round.

Blackfinch Ventures, the venture capital division of Blackfinch Group, plans to announce its inaugural dividend payment from the Blackfinch Spring Venture Capital Trust (VCT) in April 2024.

Metris, an AI-driven solar energy platform tailored for commercial property owners, has recently secured £2 million in a pre-Seed funding round.

deeploi, creators of a comprehensive IT management platform tailored for small and medium-sized enterprises (SMEs), has announced the completion of its $6.5 million seed funding round.

Setmixer, a UK-based platform enabling artists to record and mix their live performances with studio-quality sound, has secured $760,000 in a seed funding round led by Raw Ventures.

Clean energy, hydrogen, carbon capture and alternative proteins will all attract significant investment over the next year, says Marion Jeng, Associate at DAI Magister

Monta, the operating platform powering the EV charging ecosystem, has completed a significant milestone with the closure of its €80 million Series B funding round. This accomplishment brings Monta’s total funding to an impressive €130 million in a span of just three years.

OctaiPipe, a provider of Edge AI solutions, has successfully raised £3 million in pre-Series A funding, complemented by a £500,000 grant from Innovate UK. This funding round was driven by SuperSeed, and saw the participation of Forward Partners, D2, Atlas Ventures, Martlet Capital, Gelecek Etki VC, and Arm-supported Deeptech Labs.

Sano Genetics, a software company accelerating precision medicine research, has raised $11.4 million in new funding. This round was spearheaded by Plural, with continued support from existing investors such as MMC Ventures, Episode 1, and Seedcamp.

Circadacare, an independent living technology firm, recently secured a substantial £1.3 million in funding.

1X, an AI and robotics firm specialising in the production of androids aimed at addressing global labour demands and benefiting society, has announced the successful acquisition of $100 million in Series B financing. This funding round saw contributions from EQT Ventures along with other prominent international investors.

Buttn, the health and wellbeing app democratising accessibility of personal training for everyone, announces a significant milestone in its journey, with a £300,000 investment from Mount Venture Capital Fund LP.

Vertice, the integrated platform specialising in SaaS and cloud spend management, has secured $25 million in Series B funding, marking a year of rapid revenue growth.

London’s technology sector has shown remarkable resilience and continued growth, as recent data from London & Partners and Dealroom reveals.

Honeywell has recently finalised a substantial $300 million equity fundraising for Quantinuum, currently the premier integrated quantum computing company globally, achieving a pre-money valuation of $5 billion.

Discovery Park Ventures (DPV) has announced a £100,000 investment in Vox Imaging Technology (VIT), a company in ophthalmic technology, aiming to revolutionise eye imaging in preclinical research and enhance the drug discovery and development process.

UK and US-based fintech Detected has secured $2.5 million in its latest fundraising round, including investment from existing investors Thomson Reuters Ventures, Love Ventures, and powerful industry angels.

QDI Systems, a deep technology firm based in Groningen, announced its Series A funding of €5 million to expand its innovative quantum dots technology for the medical sector and new markets.