Funding

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

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.

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.

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.

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.

hyperexponential, the global specialist in pricing decision intelligence (PDI) software, has announced completion of its $73 million Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series A investor Highland Europe, which increased its holding.

UK-based climate-tech startup Furbnow has secured a significant £950k pre-seed investment to revolutionise home decarbonisation.

Cactos, a developer of smart energy storage systems, has raised over €26 million worth of equity investments in its Cactos Fleet Finland Limited Partnership (Company) to finance the growth of its battery energy storage system portfolio.

Investment platform Lightyear experienced a significant year of investment activity in 2023, witnessing nearly a 20% month-on-month growth in assets under management (AUM).

Bumper, a fintech company specialising in flexible car repair payments, has successfully completed a substantial Series B fundraising round, securing $48 million / €46 million / £40 million. This funding will fuel Bumper’s expansion plans.

Nuwa, the creators of the world’s most advanced pen that transforms every handwritten word or note into digital format, has hit a significant milestone.