FRANCE: En Carta Diagnostics, a deeptech start-up developing rapid Point-of-Care (POC) molecular diagnostics kits, has announced €1.5M ($1.63M) in pre-seed funding. This investment will enable En Carta to make a substantial leap forward in achieving preclinical data on a prototype diagnostic kit for its flagship indication, the debilitating Lyme disease, while ensuring its ability to scale industrially. 

Sussex-based angel investment group South East Angels is proud to announce its recent investment in Skyverse - a startup delivering technology solutions to air traffic control teams.

The startup led by the Raiola brothers and supported by IAG and Italians in VC Partners is revolutionizing healthcare access with an AI platform for musculoskeletal services. 

DENMARK: Copenhagen-based fintech startup, ZTLment, has made waves as the first in Europe to pioneer compliant wallet infrastructure on decentralised rails for ordering- and booking platforms. Having raised €2.4 million in total pre-seed funding from investors PreSeed Ventures, Upfin, Giant Ventures, and strong business angels, ZTLment aims to eliminate the need for outdated banking infrastructures once and for all and make it easy to make programmable and peer-to-peer payments.

Lola Cares, a pioneering health tech company, has announced the successful closure of its first funding round, raising £250,000 from SFC Capital. A significant step towards the emerging company’s mission to enhance the care experience in an overstretched social care sector. The funding is set to enhance Lola’s conversational AI capabilities and broaden its impact in the care sector. 

Medi2data, whose suite of digital products and services aim to simplify the process of transacting medical data quickly and securely, has raised £2.1 million in an oversubscribed round led by Wealth Club and existing investors, under the Enterprise Investment Scheme (EIS).

Angel-backed fine wine investment platform WineFi has appointed Oliver Thorpe as their Operations Director.

Thorpe, who previously led operations at Sequoia-backed start-up Nomio, previously worked alongside WineFi's Callum Woodcock.

The record-breaking results of the 21/22 tax year were always going to be tough to trump in this year’s data. However, the figures for the tax year 22/23 indicate some green shoots of growth in key regions.

Digital Catapult, the UK authority on advanced digital technology, welcomes eight new companies onto the ImmexCity programme, to spearhead the adoption of immersive solutions across key sectors. The latest cohort will play a vital role in further cultivating immersive entrepreneurship in the North East, with solutions ranging from heritage conservation projects to initiatives geared towards empowering mental health.

Prova Investments has continued to grow its European portfolio of early-stage businesses operating at the forefront of cleantech, sustainability and the circular economy, by taking an equity stake in electric vehicle (EV) software company ClearWatt.

D2N2 LEP Chair Elizabeth Fagan launched D2N2 LEP’s Early Stage Angel Investment Fund at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds this week.

Speaking at the interactive panel session ‘Focus on the East Midlands, our Time is Now’, she said:

“I’m delighted to announce today that we are launching our Early Stage Angel Investment Fund here in Leeds at UKREiiF. The purpose of the Fund is to stimulate investment and growth in ‘early stage’ companies – those that have been trading between six and 24 months – that are based in Derby, Derbyshire, Nottingham or Nottinghamshire (the D2N2 region).

Salar Pursuits, a Scotland-based company that has developed permeable lice and algae/jellyfish bloom shields that fit inside net pens, has been given a financial boost from a corporate angel investor.