Glox Therapeutics, a firm creating precision antibiotic therapies from natural bacteriocins, has secured £4.3 million in seed funding.

The Venture Capital Trust Association (VCTA) released a new report, offering insights into the challenges, limitations, and prospects for the UK's most promising scaleups.

Photonic, a company in quantum computing, has successfully secured an investment of $100 million. The funding was contributed by a range of investors including the British Columbia Investment Management Corporation (BCI), Microsoft Corporation, the UK government's National Security Strategic Investment Fund (NSSIF), Inovia Capital, and Amadeus Capital Partners. This investment elevates Photonic's total funding to $140 million.

Amazon Web Services (AWS) started its inaugural AWS Women’s Demo Week, a significant global event crafted to assist women-led startups in establishing connections with investors.

According to iwoca's most recent SME Expert Index for Q3 2023, a significant majority of SME finance specialists, amounting to 83%, are of the view that major banks are showing less inclination to finance the United Kingdom's 5.5 million small and medium-sized enterprises.

Fyma, an AI enterprise specialising in the analysis of real-time video feeds, has concluded an investment round, securing $2.1 million. Quadri Ventures spearheaded the round with participation from Second Century Ventures.

Solestial, the space-oriented solar energy enterprise, recently declared it has secured an £849,954 Phase II Small Business Innovation Research (SBIR) contract from NASA.

IBM recently unveiled its intention to establish an Enterprise AI Venture Fund worth $500 million. This fund is poised to support a variety of AI enterprises, from those in their infancy to rapidly expanding startups, all with the aim of propelling generative AI technology and research within the corporate sector.

Snowflake, the Data Cloud company, has launched the Powered by Snowflake Funding Programme, which intends to invest up to $100 million dollars toward the next generation of early-stage startups building Snowflake Native Apps.

Gresham House, a specialist in alternative asset management, has initiated a new limited partnership aimed at facilitating institutional investment in burgeoning companies within the UK and Ireland.

Daytona, the self-hosted platform specialising in "Development Environment Management," has successfully secured £1.6 million in Pre-Seed financing, surpassing its original goal. The investment round drew substantial investments from notable figures in the developer tools domain.

Sustainable Ventures, a UK climate tech cluster, has announced it has secured £3 million in its first fundraising led by Barclays Sustainable Impact Capital and other investors to support UK expansion.

Barclays has launched the Demo Directory, a free online service open to UK businesses, regardless of who they bank with, for easy, cheaper and less time-consuming access to capital by connecting them to a network of attested investors.

Employment Hero, one of the world’s largest employment management platforms, has announced a Series F growth round of £131 million to fuel its rapid global expansion, following in the footsteps of Atlassian, Xero and Canva.

There is a staggering $2.5 trillion global trade finance gap that mainly affects SMEs in emerging countries, limiting their ability to access new business opportunities. Helping businesses to bridge this finance gap, supply chain fintech Twinco Capital announced on Tuesday, in the sixth edition of the Valencia Digital Summit (VDS), it has secured an additional €50 million facility with BBVA Spark to accelerate growth.

multifi, a UK startup specialising in finance for small and medium-sized businesses, has secured a substantial capital injection of £10 million from Fasanara Capital, a $4 billion London-based asset manager and technology platform. This initial injection will support the growth of UK businesses that can access a credit facility of up to £200,000 with a fixed monthly access fee of 0.3% and an interest rate of 1.99% per month on used credit.

InterLnkd, the travel industry’s intelligent shopping mall partner, has announced it has raised £1 million in seed funding to accelerate its growth and international expansion.

With a sharp decline in both fundraising amounts and valuations, the current investment landscape is presenting a variety of hurdles for entrepreneurs.

Gero, a biotechnology company focused on ageing and chronic disease, has closed $6M in a Series A extension round, bringing the total funding raised to date to $20M.

Ai Build, the Additive Manufacturing software company, has raised a Series A round of $8.5 million led by IQ Capital, with participation from Nikon as a strategic investor alongside its existing investors including Superseed, ACT Venture Partners, Atlas Ventures (UK) and Seedcamp.