Funding
Dexory has secured $19 million in Series A funding led by European VC firm Atomico, with participation from existing investors Lakestar, Kindred, Capnamic, and Maersk Growth, the investment arm of the global logistics and container shipping company, Maersk. As part of this investment Atomico Partner Ben Blume will join Dexory’s board of directors.
Algorithmiq, a scaleup developing quantum algorithms to solve the most complex issues in life sciences, has raised $15 million. The Series A round was led by Inventure VC, one of the most experienced Nordic venture funds.
Getting funding to scale a business in 2023 is certainly more of a challenge than it has been in more recent years. This does not mean that it is not possible.
Over 90% of mid-sized UK businesses are facing challenges accessing funding and financing amidst the wave of interest hikes by the Bank of England, according to research from BDO.
IQ Capital, the London-based deep tech venture capital firm, continues to strengthen its senior team with the promotion of two new partners. Archie Muirhead and Alex Wilson join existing general partners Kerry Baldwin, Max Bautin, Simon Hirtzel and Ed Stacey.
DREST announces that it raised £15M of funding to continue the genre defining development of its new product proposition, DREST Game 2.0.
Valuing any business can be a complicated and often inexact procedure, but arriving at a valuation for an early-stage business is so much more difficult.
The venture capital funding winter has gripped the Fintech startup ecosystem for a year now. But as temperatures in Europe rise, a new season is around the corner for commercially sound businesses too.
As the UK’s biggest bank for business, NatWest understands that SMEs are the lifeblood of the economy and that the company has a responsibility to help them build back better.
The goal of this blog is to help business owners who are starting their own businesses understand how to calculate profits and losses in a new business. This understanding will help them make sound decisions about what to do with their new business, and it will also save them time and money in the long run.
European cybertech startup Filigran, founded in France in October 2022, has raised €5 million in seed funding that will be used to accelerate product development and drive international growth.
When considering raising equity finance, most early-stage businesses would often have to turn to angel investors or crowdfunding as was explained in last week’s article.
We had an idea, and we knew the idea was good – but neither of us had ever run a company or raised funding before. Still, the mobile advertising industry was screaming for innovation, and we were convinced that we could bring that innovation.
Every week at Digital Catapult we meet several early-stage companies who come to our FutureScope investment team office for support with their venture capital (VC) fundraising plans.
Gen Z is a generation which values entrepreneurship and is eager to make its mark on the world. According to a recent report from GlobalWebIndex, 74% of Gen Z’ers want to start their own business, and 62% believe they will do so in the next five years.
Ask any early-stage business owner and they will tell you that getting funding to scale can be tough. Very tough. All will tell you that it takes much more time and effort and takes much longer to complete than they had expected. And all will tell you that raising finance is a massive distraction from actually running and growing the business.
TympaHealth has raised $23M in Series A funding, led by Octopus Ventures, to expand access to its tech-enabled hearing assessment and diagnostic solution.
I wish there was a cure to all the stress and anxiety entrepreneurs feel during fund-raising season. The truth is we all know the entrepreneurial journey can be an emotional rollercoaster and funding season is another level of pressure and emotional drain.
Skarper, the London-based start-up backed by Olympic legend Sir Chris Hoy, has secured an additional £4 million in funding. This is the second funding round in less than 12 months for the business, bringing the total amount invested to £8 million, supporting the acceleration and scaling of Skarper’s route to market.
Canopey, an online marketplace for environmentally sustainable and eco-conscious brands, has secured investment from two leading technology executives.
