Spex Capital, an early-stage investor tackling global healthcare challenges through innovative healthtech solutions, has announced the first €30 million commitment to its flagship €100 million Venture HealthTech Fund. The fund will invest globally in early-stage healthtech startups, from Seed to Series A/B, with investments of up to €5 million.
More than 170 small business founders gathered at Hyde Park Corner to take part in a founders’ ‘walk and talk’ event during Mental Health Awareness Week in May earlier this year. Organised by the not-for-profit, Virgin StartUp in collaboration with mental health service Self Space, the event encouraged business owners to take a break from their busy lives and tap into start-up support and connect with their peers.
e-Residency Estonia was introduced in 2014 as a way to provide non-residents secure access to its digital public services and transparent business environment. Since its launch, the programme helps over 110,000 people and their businesses operate regardless of location, and has generated over €213 million in revenue for the Estonian state budget from taxes and state fees.
Dragonfly has announced the close of a £2.6 million pre-seed round alongside the public launch of its conversational AI tool. Founded in December 2024 by Zego alumni Sean King and Sven Sabas, the round was led by Episode 1, joined by Dreamcraft and Portfolio Ventures, with angel investors including QuantumBlack founder and CTO Sam Bourton, and Bolt founder and CEO Markus Villig.
Monumo, the deeptech company coupling AI and machine learning (ML) with traditional engineering expertise to redesign the electric motor, has announced a significant commercial breakthrough, successfully delivering for multiple international companies. This progress signals a critical tipping point for the company, as its technology has now been proven to deliver superior, low-cost motor designs in record time.
Workplace mentoring and coaching are now essential drivers of business performance, staff retention, and employee wellbeing in the UK, according to a major new report from the Association of Business Mentors (ABM). The findings show that over two-thirds of businesses have seen a positive impact on overall business performance from their mentoring and coaching programmes, and a further 60% attributed an improvement in employee wellbeing to their programmes.













