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17th June 2022 - 0 comments

 Spirea raises £2.4m to develop antibody drug conjugates for cancer treatment

Spirea Limited, a Cambridge company created to advance a new generation of antibody drug conjugate (ADC) therapeutics, has announced that it has secured funding of £2.4 million with investments from high-profile UK and US investors. Spirea will use the funds to initiate its pipeline of superior and differentiated ADCs in the treatment of solid tumours where there is a high unmet need.

17th June 2022 - 0 comments

REAP Bikes raises £300,000 funding for expansion

The team behind REAP Bikes has received widespread support from the cycling community reaching their initial crowdfunding target of £300,000.  

17th June 2022 - 0 comments

Sky To Anchor Founders Factory £100m Planet Fund

Sky is anchoring a new £100m ‘operator-first’ venture capital fund powered by Founders Factory that will champion early-stage entrepreneurs launching planet positive technologies. 

17th June 2022 - 0 comments

Rayon raises $2m pre-seed for next gen space design software

Rayon, the space design software makers, has completed a $2m pre-seed round, which will be used to grow the Rayon team, refine its product and launch its offering in October of this year.

17th June 2022 - 0 comments

AI decarbonisation platform Ecolibrium launches in the UK with angel backing

Machine learning-led decarbonisation platform Ecolibrium has today launched its revolutionary sustainability solution in the UK, as the race to reduce carbon emissions accelerates across the built environment.

Relocating its global headquarters to London, Ecolibrium has raised $5m in a pre-Series A funding round as it looks to expand its international footprint to the UK. The round was co-led by Amit Bhatia’s Swordfish Investments and Shravin Bharti Mittal’s Unbound venture capital firm, alongside several strategic investors. 

10th June 2022 - 0 comments

Entrepreneur raises £550k to disrupt dry cleaning industry

A Stamford entrepreneur who aims to disrupt the dry-cleaning industry by installing automated drop-off points in shopping centres and railway stations has raised £550,000.

10th June 2022 - 0 comments

Green Angel Syndicate leads funding round for Smile Plastics

Smile Plastics raised £980k from Green Angel Syndicate members, the GAS Climate Change Fund, the British Business Investments funds committed to GAS through its Regional Angels Programme, the Angel CoFund and a number of other private investors. 

Smile Plastics has two main goals: to create the most beautiful circular plastics in the world out of 100% recycled and 100% recyclable materials and to challenge ideas about “waste” and the system that creates it. 

27th May 2022 - 0 comments

Stamp Free raises £600k in oversubscribed funding round

Stamp Free Limited, the digital postage company, has raised £600k in an oversubscribed funding round as the business progresses towards the commercial launch of its global award-winning AI phone-based alternative to traditional mailing and returns. 

Investment was led by existing investors Silicon Valley-based R42 Group and Cambridge Angels along with other technology angel investors from the UK, US and Australia. 

27th May 2022 - 0 comments

Aramune Technologies raises £800k to scale and trial its first product

Aramune Technologies has raised £800,000 of new equity funding to develop an industrial-scale process for manufacturing its first product.

27th May 2022 - 0 comments

Flexa raises £2.3m to bring transparency to the global hiring market

Flexa Careers, the platform bringing transparency to the hiring market, has raised a £2.3m ($2.9m/€2.7m) Seed Round to expand their global reach. The round was led by Ada Ventures and joined by Auxxo Female Catalyst Fund, angel syndicate HERmesa, and a wide group of angel investors.

Flexa has flipped the hiring process on its head; enabling companies to showcase what their working environments offer when it comes to flexibility and benefits, and be discovered by candidates who want to know up-front how the company operates and get a transparent look at what its working policies are before applying for a role. 

27th May 2022 - 0 comments

£1 million boost for Liverpool City Region Angel Network

Steve Rotheram, Mayor of the Liverpool City Region, has announced a £1m funding boost to the LCR Angel Network in a bid to support SME growth and create new jobs across the region.

The Liverpool City Region Combined Authority has awarded £500,000 funding to the network, which is currently funded by not-for-profit funder Merseyside Special Investment Fund (MSIF), which will match the investment with a further £500,000.

20th May 2022 - 0 comments

Oxford Drug Design receives £2.2m from existing investors and angels

Oxford Drug Design Limited (ODD), a biotechnology company with a proprietary computational and machine learning platform, has raised £2.2M in funding from existing investors ACF Investors, o2h Ventures, Meltwind Advisory, a number of returning angels and new investors and the US-based R42 Group. This brings the firm’s total amount of grant and equity funding to over £10M. 

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