Despite small businesses single handedly generating a quarter of the UK’s GDP, over a quarter (26%) of small business owners have next to no accounting knowledge. In fact, accounting is the reason many budding entrepreneurs don’t get a business off the ground with one in 10 people put off starting a business by tax and accounting.
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.
Nordic Science Investments (NSI), bridging academia and the private sector, seeks to assist researchers and universities in transforming inventions into prosperous enterprises. NSI extends beyond financial investment, offering strategic support, connections to global networks, and advice on team formation, helping early-stage spinout companies to commence their business activities.















