3rd February 2021
- 0 commentsSujiBFR, a health and fitness startup based in Edinburgh, has received a six-figure investment to support the development of a smart fitness device that can dramatically reduce pain and increase muscle strength during exercise. The technology, named Suji Device, improves muscular performance and offers a solution to fitness enthusiasts and elite athletes who experience pain when exercising or playing sport.
Based on blood flow restriction (BFR) training principles, the AI-powered device utilises low-intensity and bodyweight exercise to offer the same training benefits achieved with high-intensity weight training.
27th January 2021
- 0 commentsCleantech company Social Energy has received funding that will allow the business to pursue rapid growth in the UK and Australia, while opening opportunities to scale outwards with its unique offering in new markets. The green energy supplier uses its artificial intelligence platform and cutting-edge virtual power plant technology to optimise solar-connected battery storage. It learns about a customer’s energy usage and makes informed decisions about how to store, manage and distribute solar energy to minimise their energy bills.
22nd January 2021
- 0 commentsPerchpeek, the AI-powered relocation agent, has raised £2 million, led by early-growth experts Episode 1. Founded in 2018 as a UK property marketplace, Perchpeek was originally dubbed ‘Tinder for renting’, but has since developed into a completely unique, global relocation service that is transforming the relocation industry.
The Perchpeek app combines AI-powered recommendations with relocation experts to curate properties and additional services for the user. As they use the app, recommendations become more tailored until they’ve found the perfect home in the perfect area.
16th December 2020
- 0 commentsRecycleye, the intelligent waste management start-up, has secured £1.2 million in seed funding, led by venture capital investors MMC Ventures and Playfair Capital, with participation from leading funds Atypical Ventures, Creator Fund, and eolos GmbH. The company has also received grants from InnovateUK and the European Union to develop a computer vision system and affordable robotics that will combine to create the world’s first fully automated and deployable material recovery facility.
11th December 2020
- 0 commentsOn the back of new quantum algorithm breakthroughs, quantum software company Phasecrafthas closed a record seed round for a quantum computing company in the UK. Its new £3.7m seed funding round is led by VC firm LocalGlobe with Episode1 along with previous investors. Phasecraft previously raised a £750,000 pre-seed round led by UCL Technology Fund with Parkwalk Advisors and London Co-investment Fund and has earned several grants facilitated by InnovateUK. Former Songkick founder and prominent angel investor Ian Hogarth has also joined as board chair for Phasecraft.
7th December 2020
- 0 commentsKarakuri, the world-leading food robotics company, is bringing the future of food to life as it lifts the lid to unveil the world’s first automated canteen to make meals, the DK-One. Karakuri’s robotic system will revolutionise how and what we eat in restaurants, canteens, buffets, hotels and supermarkets as demand for personalised nutrition grows and the industry’s looks for new ways to operate in a post-Covid world.
1st December 2020
- 0 commentsSwiss SaaS start-up GUURU Solutions Ltd has closed a $5M Series A extension, which brings the total Series A financing to $7.9 million. The funds will be used to expand market reach in Europe and support GUURU's ambitious growth plans. The financing round was led by Spark Invest and joined by existing investors Investiere, EquityPitcher Ventures and Swiss Post Ventures.
27th November 2020
- 0 commentsGresham House Ventures, a growth equity investor specialised in scaling businesses driven by technology, customer insight or service excellence, and Maven Capital Partners, one of the UK’s most active private equity managers, have invested in growing e-commerce deals business RevLifter.
24th November 2020
- 0 commentsOpteran, the Natural Intelligence company, has raised £2.1 million in seed funding. Opteran will use the funds to pioneer its radical lightweight, low cost silicon-based approach to autonomy called Natural Intelligence and expects its technology will significantly expand the potential addressable market for autonomy in machines and robotics.
The round was led by IQ Capital with Episode1, Join and Seraphim Capital also participating. Following on from a pre-seed round from the Connecting Capabilities Fund of the British Business Bank, the latest funding round also includes angel investors and a CCF grant, a part of the Northern Triangle Initiative.
19th November 2020
- 0 commentsBritish predictive analytics platform, DragonflyAI, has completed a £625,000 ($1m) seed funding round. Downing Ventures is the lead investor in the round which includes existing shareholders Capita plc and private investors. Having onboarded and retained brand giants including Diageo and Mitsubishi this year alone, the investment allows DragonflyAI to grow their team across sales and customer success in addition to further developing the research into how companies will be able to take advantage of predictive visual analytics in creative workflow.
18th November 2020
- 0 commentsNozzle.ai, an eCommerce and advertising optimisation platform for Amazon, has raised $2.6 million (£2 million) in funding from Parkwalk Advisors, The Angel CoFund (ACF), UCL Technology Fund (UCLTF), and a syndicate of eCommerce-expert angel investors. The funding will accelerate the company’s growth as it attracts major international brands and agencies to its proprietary AI platform.
17th November 2020
- 0 commentsTranslation platform TAIA, has raised a further €1.2 million in seed funding from venture capital fund Fil Rouge Capital, to expand into the United Kingdom, Europe and the USA with its revolutionary software which bridges the gap between translation agencies and Google Translate.