Nozzle.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.

Paid has launched to help enterprises transform supplier management with its next-generation procurement platform. Paid raised £2.2m in a seed funding round led by top early-stage tech investors Crane Venture Partners, along with participation from Seedcamp, Techstars and notable angel investors, including Angel Invest Ventures’ Jens Lapinski, GoCardless and Nested Founder Matthew Robinson, Outrun Ventures founder Chris Adelsbach (in a personal capacity), and former Microsoft head of corporate strategy Charles Songhurst. 

Angel Investment Network (AIN), the world’s largest online angel investment platform, has announced impressive growth, 

Two regional investors have agreed a new strategic partnership to provide enhanced support for early-stage tech firms in the Northern Powerhouse region.  DSW Ventures and NorthInvest have been working together for some time, with the former having invested in two North East companies – PopTop and OneUtilityBill – as a result. The newly formalised partnership will see closer collaboration between the two organisations, providing quicker access for NorthInvest companies to venture capital funding from DSW Ventures.

DSW Angels, the venture capital investment business of the Dow Schofield Watts group, has changed its trading brand to DSW Ventures to reflect the increasing scale and reach of the business at a time of a massive increase in market activity.

Disease Screening and Diagnosis startup, Occuity has raised more than £1m, supported by Angel Investment Network, the world’s largest online angel investment platform. Occuity is developing products to screen for, diagnose and monitor major chronic health conditions including diabetes and Alzheimer’s Disease. Reading-based Occuity has developed a non-invasive optical device that works by detecting markers that the body deposits in the eye. 

Personify XP, the world’s first anonymous digital analytics and AI personalisation platform, has closed a £550,000 pre-seed round. Investors include Founders Factory, Touker Suleyman and other high-profile angels. As part of Founders Factory’s investment, its operations team across a number of core business functions are providing hands-on support to support the growth of Personify XP.

An innovative new system that has the potential to revolutionise hearing tests globally has received financial backing from Scottish business angel investment syndicate, Archangels.  Edinburgh-based Hearing Diagnostics Limited has received £715,000 of investment which will enable its hearing test system to undergo trials with universities and hearing aid retailers in the UK with a view to full market launch in 2021.

Detected, the world’s first agnostic business verification platform, has closed its pre-seed funding round at £250,000. This first tranche has been raised from a number of prominent angel investors within the founding team’s network. 

GC Angels’ Jess Jackson has joined 28 of the North’s most high-profile female investors from Northern Investment firms and angel groups to launch a new investment collective designed to break down the barriers faced by female-led businesses when securing investment and drive the number of female investors in the North.

The British Business Bank’s UK Business Angels Market report 2020 reveals that angel investors across the UK are continuing to invest in early stage businesses and are optimistic about the future despite current economic uncertainty.

Ada Ventures has launched a new £250,000 angel investor programme – Ada’s Angels – which has been set up to help discover a new generation of angel investors, who may have otherwise been excluded from the industry.

The first ‘Ada’s Angels’ cohort has identified five candidates from the firm’s grassroots scouting community. These individuals will now receive support and mentoring, as they identify their own investment opportunities in the UK tech sector. Each investor will be able to make five investments of £10,000 over the course of the next year.