UK-based Legislate has added $3.6M in funding in a round led by Parkwalk Advisors, with participation from Oxford Capital and several high-profile angel investors. Using its patented knowledge graph technology, Legislate provides companies with ontologies of legal terms, allowing anyone in the business to semantically search for information across an entire database of contracts. The company, which until now has focused on creating a solution for startups and scaleups, is using the funds to double down on UK sales and prepare for international expansion in 2023.

Chris Morling, one of the UK's most successful tech entrepreneurs and the CEO and co-founder of Online Education Agency Studee, has personally invested £16.5m into an innovative new service that blends technology, marketing automation and human support to deliver pre-assessed applications from international students to universities. 

Reskube Ltd, the British start-up responsible for an innovative remote-working resilience solution, has successfully raised £500,000 via a crowdfunding campaign. The company behind the Reskube, an always-on power and internet solution in a smart, portable box, will use the money to further enhance its product development and global distribution.

London-based clean heat technology start-up, Futraheat, has closed a £1.5 million seed round led by Clean Growth Fund, the UK cleantech venture capital fund. The new investment, Futraheat’s first equity raise, will be used to accelerate product development and commercialisation of its heat pump technology as well as to grow Futraheat’s team.  Prior to the seed round, investment had been received from Angel investors to match government grant funding.

Within a year after its first funding, Connect Earth closes a $5.6 million seed round to grow its API-first environmental data offering that drives sustainable finance. The round was led by Gresham House Ventures with participation from Love Ventures, Global Brain and its CVC partner The Norinchukin Bank, Portfolio Ventures, Super Capital and strategic angel investors. 

Silicon Microgravity (SMG), the disruptive technology company developing innovative Inertial and Gravity sensors, closes the first stage of its £2.8 million funding round with £1.8 million new funding from the UK Innovation & Science Seed Fund (UKI2S), the Oxford Innovation EIS Growth Fund, Oxford Innovation Finance’s Angel Network (OION) and the Defence and Security Accelerator (DASA).

FrontM, an “Intelligent Collaboration. Anywhere®” platform for the maritime industry, has raised $1.5 million in a pre-Series A funding round led by Jenson Funding Partners, Tradeworks.vc, Motion Ventures and a syndicate of MarTech investors. 

Following its initial investment in 2021, Oxford Innovation EIS Growth Fund alongside OION angel investors, has made a follow-on investment in the latest funding round for Cognitant Group, the fast-growing digital health information platform.

London startup Phare Labs, who is reimagining the design and capabilities of domestic fire alarms, has secured a £125K equity investment from British Design Fund, as part of a £300K fundraise from specialist funds and angel investors.

Phare Labs was cofounded by mechanical engineer Daniel McBride and design engineer Arnau Donate, who were inspired with the idea for their business after Daniel suffered a spate of false alarms.

USA and ITALY: Electra Vehicles, Inc., the B2B electric vehicle AI software company headquartered in Boston, USA that produces Cloud and onboard software to optimize the performance of electric vehicle battery systems, announced it has raised $21M in an oversubscribed investment round. The round is led by United Ventures, the Italian venture capital firm specializing in digital technologies, through the fund UV T-Growth; and it includes additional investment from Stellantis Ventures, the venture capital fund of Stellantis. Existing investors LIFTT S.p.A., Club degli Investitori, and BlackBerry Limited also participated in the round.

Oxford Innovation EIS Growth Fund 2 invests in the innovative coloured advance materials company Hypetex, as part of its latest £1.25 million seed fundraise, led by 24Haymarket.

Robin AI, the generative AI startup, has raised $10.5m led by Plural, with participation from Episode 1 and a number of angel investors.