Devyce, a UK SaaS company that provides digital phone numbers to multinational businesses, has closed a $2.7 million (£2.2 million) seed funding round to spur on its ambition to create a global mobile network for business using its own mobile network operator licence. 

Wealth Club has led a £4.5 million investment round raising £2.35 million, or 52% of the total raise, under the Enterprise Investment Scheme (EIS) for Fabacus, a Software as a service (SaaS) platform for the licensing industry. 

eTEU, a SaaS platform that removes the need for physical shipping paperwork, has secured a new round of funding from early-stage focused venture capital firm Jenson Funding Partners alongside Larix Equity, Pinto Ventures, and a number of angel investors including Nils Wemhoener, former Head of Logistics for Amazon Europe, Joao Monteiro, former VP of New Business at Kuehne + Nagel and Sandi Fati?, Co-founder of Calimero and first infrastructure engineer at NEAR Protocol. 

SpaceTech business Gravitilab has raised more than £900k during the last quarter from investors including angels from Anglia Capital Group, and is now embarking on a new £5mil Series A round.

Clean Growth Fund has co-lead a £2.4m investment alongside Foresight WAE Technology (FWT) Funds into Vector Photonics, a Glasgow-based laser developer.

The funding round also included continued commitment from existing investors UKI2S and Equity Gap, and new investment from Scottish Enterprise. This is Clean Growth Fund’s first venture capital investment in Scotland and the growing clean technology cluster in the region.

A spin-out company based at The University of Manchester that is developing a breakthrough water  filtration technology, which promises to be both greener and cheaper, has secured SEED equity investment of £500,000 to help scale-up.  

Molymem, with its mission to enable cleaner water supplies for the world’s growing demand, has  developed an energy-efficient and highly versatile membrane coating based around a material called  modified molybdenum disulphide (MoS2) to create an innovative water filtration solution.  

Hut Six Security, the Newport-headquartered developer of software-based information security training products has completed a third fundraise taking total investment in excess of £1 million.

The latest round has been led by the Development Bank of Wales with their third equity investment of £200,000 being matched by a further £200,000 from Wesley Clover and the Waterloo Foundation. 

Sitehop, a Sheffield based company which has developed a new encryption solution for telecoms and data networks, has raised over £1 million from NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund (NPIF), Mercia’s EIS funds and private investors.

ITALY: The close of a fundraising round of over EUR 10 million for UNGUESS, Italy's leading innovative crowdsourcing platform, has been announced. The lead investor is Fondo Italiano d'Investimento SGR, through the Fondo Italiano Tecnologia e Crescita – "FITEC". In addition to FITEC, investors who supported UNGUESS in previous rounds participated in the capital increase: P101 SGR with its two funds Programma 103 and ITA500, managed on behalf of Azimut, Italian Angels for Growth (IAG), Club degli Investitori and Club Italia Investimenti 2.

ITALY: Wora, the Milanese startup that offers same-day delivery services by appointment, dedicated to e-commerce and retailers, has closed a € 600,000 seed round that will allow it to continue the development of its proprietary technology and to extend the service to new Italian cities and in the main European capitals. Lead investors are the members of Italian Angels for Growth, together with the Investor Club and some business angels.

Fluffy, the pet care app helping owners to raise healthy and happy pets through training, vet care and insurance has announced its pre-seed round, a total of $450k.

The round was led by QVentures and Techstars, and included participation from several further high-profile Angel investors. This funding will be used by Fluffy to build its team, including hiring key personnel in product development, marketing, and customer service.

Hike SEO, a Leicestershire-based start-up, has raised £675,000 of funding in an investment round led by DSW Ventures with co-investment from incumbent investor, Jenson Funding Partners.