If you own a small and growing company, there will usually be a need for new capital to expand and continue to grow. Once you have exhausted early-stage equity investments, starting with family, fools, and friends, your company will likely turn to convertible loan notes.

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, has raised $100 million in a Series B funding round, valuing the company at $750 million. Uber invested in the round alongside Mubadala, who led Moove’s previous funding round in 2023.

Candela, a maker of sustainable electric hydrofoil boats, has successfully completed its most substantial funding round to date, securing €24.5 million to boost the production of its P-12 ferry. Among the investors is Groupe Beneteau.

Mission Zero Technologies, a developer of innovative modular direct air capture (DAC) technology, has successfully secured £21.8 million in Series A funding.

CryoLogyx, a University of Warwick spinout redefining cell technology through cryopreservation, has concluded an oversubscribed seed funding round, amassing an investment of £500,000.

Zone, Africa's rapidly expanding payment infrastructure firm, recently announced that it secured $8.5 million in a seed funding round that exceeded expectations.

Nanonets, an AI-based workflow automation platform, raised $29 million in a Series B funding round led by Accel. The funding round also saw participation from existing investors Elevation Capital, YCombinator and others. This takes the total funding raised to date to $42 million.

BotGuard OÜ, an Estonia-founded cyber security software company that helps web hosting providers control traffic and protect their infrastructure from malicious threats, has secured a €12 million Series A funding round led by MMC Ventures.

Autonomo – the startup behind checkout-free software that enables retailers to convert existing stores into a cashierless shopping experience – has successfully closed a £2 million seed funding round, it has been announced.

London-based Ada Ventures, an inclusive VC firm that supports breakthrough ideas, has announced the close of an oversubscribed £63 million fund designed to support a diverse cohort of early-stage founders.

Necture, previously known as Ubiq, a technology firm at the forefront of accelerating the adoption of electric fleets, recently declared that it has secured additional investment, elevating its total Series A funding to €7 million.

Simera Sense, a prominent provider of optical solutions for the Earth observation sector within the small satellite industry, has secured €13.5 million in its initial round of growth financing.

Airnguru, specialising in pricing intelligence, fare management, and price automation for airlines, disclosed today that it has raised $1 million in pre-Series A funding.

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.

Steadybit, a company working in the in chaos engineering space, has announced a successful $6 million Series A funding round, led by Paladin Capital Group. This represents a pivotal step in the company's global expansion efforts.

Manufacturing specialist Get It Made has announced the launch of its 2024 grant to help encourage the next generation of women in UK engineering by taking female-led organisations to the next level.

PitchBook, the data provider for the public and private equity markets, has released 2023 All In: Female Founders in the United States (US) and European Venture Capital (VC) Ecosystems. This is PitchBook’s fifth annual report on the US market and its first European edition, both examining how female founders and investors are stacking up in the broader VC industry.

Nuke From Orbit, a UK-based fintech startup, has successfully raised £500,000 in a pre-seed funding round to launch its product. The company, which seeks to transform mobile security, has drawn attention from prominent investors for its novel method of safeguarding financial accounts and personally identifiable information (PII).

Wobble Genomics, a spin-out from the University of Edinburgh that is pioneering a novel RNA sequencing technique, has secured £8.5 million in funding to commercialise its breakthrough technology.