CW (Cambridge Wireless) has launched its annual Discovering Start-Ups competition. Now in its 9^th year, this event connects promising technology entrepreneurs to the investor community in an event that nurtures the next generation of technology business talent and identifies solutions that will define the connected world of the future.

The CEO of Midland-based CorrosionRADAR is a finalist for Entrepreneur of the Year at the first ever English Women’s Awards 2018.

Labstep, the platform for researchers that captures real-time scientific data and connects lab groups enabling information sharing and reproducibility, announces today that it has raised £1 Million from angel investors. The company will use the funds to double its team to 12, launch a marketplace for lab supplies and add features that streamline how scientists will outsource elements of their research. 

A  highways technology company which has amassed a huge library of data about the UK’s road network has secured a £2.7m investment from BGF to further expand its ground-breaking ‘roadscape’ services.

Gaist captures and analyses continuous, high-definition imagery – 900 times the detail of Google Maps – about road conditions and the highways network. The company has developed this into revolutionary and IP-rich proprietary software, which can be imported into the asset management systems of highways network operators, local authorities, mapping companies, major utilities and other blue-chip firm.

CoInvestor, the platform digitising alternative asset transactions for advisers, fund managers, and private investors, has integrated its technology with financial advice back-office software supplier Intelliflo’s ‘Intelligent Office’ (iO), to deliver an upgraded service to customers.

CoInvestor is now available to iO users via Intelliflo’s app store and for the first time allows financial advisers using Intelligent Office to allocate and manage their clients tax-efficient investments within their existing back office. The CoInvestor integration will help to deliver and receive updates directly from fund managers, such as dividends, valuation updates and exits.

Gospel Technology, a blockchain software startup that has been working with one of the UK’s biggest aerospace and defence manufacturers to develop a proof of concept to improve record keeping for its supply chain has raised £1.4m in seed funding from investors led by LocalGlobe.

Panaseer, a cyber security software company, today announced it has secured $10 million in Series A funding. The financing round was led by Evolution Equity Partners with participation from existing investors including Notion Capital, Albion Capital, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments.

Micrima, the Bristol-based breast imaging company, has raised £4.4 million in additional equity funding led by Technology Venture Partners, The Angel CoFund (ACF), and Venture Founders - plus a group of returning and new individual investors - bringing the total amount raised to £10.7m.

Roy Johnson, Micrima’s Executive Chairman, said, “I am very happy to announce the completion of our latest funding round, which provides us with the capital we need to move our initial MARIA product into full commercial launch and follow this swiftly with the enhanced functionality that the system is capable of achieving. The market has been prepared over the past 18 months through the publication of our historical clinical trial data, and attendance at numerous congresses and trade shows to showcase our breakthrough technology. As a result, we have many influential clinicians and partners anticipating the launch of MARIA later this year. We look forward to putting the product we have worked so hard to create into their hands for the first time.”

InvestCloud Inc., a global FinTech firm, has announced a strategic acquisition of London-based rplan Limited. The value of the deal is $20 million.

Maven Capital Partners has led the £2.7 million investment in intranet software specialists Orchidsoft Limited.

A total of £2.2 million has been provided by Maven funds, which includes a £700,000 investment from the Finance Durham Fund, in addition to a £500,000 follow-on investment from existing backers Northstar Ventures, from the recently launched North East Fund supported by the European Regional Development Fund.

The funding will enable the business to expand its sales and marketing efforts across the UK and US and to grow its team of 45 employees to over 100 by 2022. The Finance Durham Fund was established by Durham County Council and overseen by Business Durham, the economic development organisation for County Durham.

Mubadala Investment Company of Abu Dhabi, is to create a $400 million fund to invest in leading European technology companies. The fund will be managed by Mubadala Ventures, the venture capital arm of Mubadala. SoftBank Group will participate as a strategic investor via its SIMI US Holdings I, Inc.investment subsidiary. The fund will target founder-led, high growth technology companies with global scale and impact.

Oxford Space Systems (OSS) is today announcing it has secured £6.7 million in funding from a syndicate of investors including IQ Capital, Longwall Ventures, Foresight Williams, OTIF, Midven and Wren. The current round, led by Longwall Ventures, brings the total amount raised in external funding to £10m since OSS’ launch in late 2013.

The recent investment makes OSS the most highly funded UK start-up, upstream space technology business.^[1] The funding will enable the accelerated development of OSS’s technology – pioneering the