Funding

Neuromod Devices has successfully closed a €30 million financing to further commercialise its tinnitus treatment device, Lenire.

Xilva, a global platform for investments in regenerative forests, announced it has raised $1.8 million in a pre-seed round from Brainforest, Bloomsbury Natural Capital, Insurtech.vc and a group of international angel investors. The funds will be used to further develop technological solutions and scale marketing and operations.

GoJoe, the first social fitness app for work and play, has announced its most recent investment of £1.2 million, led by Superbet Ventures.

Investing in Britain’s most promising young businesses has become increasingly popular, resulting in record years for venture capital fundraising.

Recently, Google unveiled a new fund of $4 million to support Black entrepreneurs across the EMEA region.

N1 fintech fund invested in SteadyPay, a British progressive lending platform with a Co-founder from Ukraine. European venture funds such as Ascension, The Future Fund, and others have already invested in this fintech.

Given that we might have officially entered a recession by the time you read this article, and with other global economies also on the brink of recession, when I think about the issues that women in tech are facing, raising funds in this climate seems high up on the agenda.

For a lot of founders, startups and scale-ups, funding is going to be a key priority. Yet many UK startups are unaware of the types of funding that can be secured from across the channel. This article will help to explain about European R&D Grant Funding opportunities and how UK-based businesses can access them. Let’s jump right in.

The Royal Academy of Engineering’s Enterprise Hub has opened a new round of applications for its Regional Talent Engines programme to support entrepreneurial mid-late career engineers with an innovative concept to bring to market.

Today Foundamental, the global early-stage construction-tech investor, can announce that it has closed its second Fund II, taking its total AUM to over $150m.

As part of the EU’s space policy, the European Union is developing two major space programmes: the Galileo Global Navigation Satellite System (GNSS) and the Copernicus Earth observation system

Apheris, the platform for creating collaborative data ecosystems, has raised €8.7m to further develop its unique technology and build on its growing list of customers and partners, including BASF, Boston Consulting Group, BMW Group and JLABS, Johnson & Johnson’s innovation division. The platform enables organizations to extract value from each other’s decentralized data sets in a way that helps them overcome regulatory, technical, and commercial challenges because the data never moves from the owner’s secure environment.

Samir Parkash, interim CEO of UKEF, has today announced that Virgin Money is the latest financial institution to be onboarded onto the General Export Facility (GEF), opening up access to financial support to their business customers.

constellr, a space data and services company building the world’s first globally scalable crop water monitoring system to help ensure global food security, today announces $10M in seed funding. Lakestar and VSquared co-led the financing round, with participation from early and new supporters FTTF, IQT, Amathaon Capital, Natural Ventures, EIT Food, OHB Venture Capital, Next Humanity, and Seraphim. With this investment, constellr will develop its first two satellites, conclude its existing pilot programs and develop its processing platform.

If you’re like most startup founders, you’re always on the lookout for ways to fund your business. Several options are available to help you finance your business growth, whether you need seed money to get started or need ways to finance expansion. In this post, you will discover some of the most common funding options for startups, including traditional options like angel investors and government grants, as well as some more innovative options.

With many experts predicting that the UK economy is on course to enter a recession before the end of the year, research from ForrestBrown, the UK’s leading R&D tax credit consultancy, has found that businesses will turn to innovation to weather the economic downturn.

Silveray, an X-ray technology spin-out from the University of Surrey, has raised £2.2M in a seed funding round led by the UK Innovation & Science Seed Fund (UKI2S). ACF Investors, R42 Group, UK Future Tech Investment (UKFTI), InnovateUK, Cambridge Angels, and SyndicateRoom’s Access fund were also involved in the funding round.

As interest rates increase and tech stock multiples come down, accessing growth capital is becoming more expensive for startup founders.

Optellum, an Oxford-based medtech company that provides a breakthrough AI platform to diagnose and treat early-stage lung cancer, has raised $14 million in a Series A funding round. The investment will enable the company to scale its base, operations and commercial launches in the UK and USA, accelerate its research and development, and expand its platform into personalized therapy decisions, integrating imaging with molecular data, robotics, and liquid biopsies.

Cello’s pioneering product, backed by byFounders, TinyVC, Possible Ventures, and Notion Capital enables SaaS businesses to make word-of-mouth their
most valuable growth channel.