Building on its recent launch and in line with its growth plans for North America and Europe, KYP has announced the closure of its pre-seed funding round with total funds of approximately £800,000 raised. Despite often quoted challenging market conditions, KYP pre-seed round was 35% oversubscribed with the support of US based 1414 Ventures, BH Ventures and some leading UK Angel Investors.

Edinburgh startup, Gecko Glazing, has created an affordable, easily-installed alternative to double glazing that can cut window heat loss and carbon emissions by up to 50%. With huge potential to improve inefficient homes, including historic and listed buildings, the company has just secured a £150k investment in a funding round led by British Design Fund.

Kaiko Systems, a Berlin-based software startup digitizing maritime shipping, has completed a seed financing round of € 2 million. Investors participating in the funding round include Schoeller Holdings, Vineta Ventures, A Round Capital, and Flagship Founders, as well as industry experts such as Clasen Rickmers and Justus Kniffka.

Motorists in one of London’s biggest boroughs are set to benefit from a multi-million pound investment in on-street, residential, electric vehicle (EV) charging spaces. Barnet will see the installation of over 500 charging points, designed to be flat-and-flush with the pavement, that will enable residents without driveways to charge their EVs easily and locally, and embrace a move towards cleaner transport. 

A Birmingham company which has developed a nature-based wastewater treatment solution has raised a further £2.3m to help establish itself as the technological leader in ‘circular’ solutions to remove wastewater contaminants.

Software company, Modern Democracy has secured a £700,000 investment round to facilitate further growth in the UK and international markets.

Bristol-based Anaphite, which is developing new technology to improve batteries for electric vehicles, has raised just under £1 million from Wealth Club clients under the Enterprise Investment Scheme (EIS). The funding was part of Anaphite’s latest £4.1 million funding institutional round, with Wealth Club taking 20% of the raise. Blue Wire Capital, OION, Zero Carbon Capital, Silicon Roundabout Ventures and Deeptech Labs, who are highly regarded as an accelerator for deep tech companies, have also invested.

Mavenoid, the leading hardware support platform, has secured $30 million in a Series B financing round led by Smedvig Capital. Previous investors, Creandum, Mosaic, and Point Nine Capital, as well as new investors NordicNinja, ABB Technology Ventures, and financing partner SVB UK, also participated in the round.

Ryft, the revolutionary PSD2 compliant payments system, has raised a large seed round, led by SFC Capital, the UK’s most active seed-stage investor. Additional investors include the ex-founder of Shutterstock and the founder of LoveFilm. Ryft enables automated next day payouts for marketplace businesses and their merchants, for a single flat fee per transaction.

Live and social shopping SaaS solution provider LiSA has raised €2.7 million investment in a seed round led by TechVision Fonds (TVF). The investment will help to both accelerate the growth of its social commerce SaaS business and make frictionless, cross-platform social commerce a reality through its headless solutions and API-based partner ecosystem. 

The German startup, which participated in Brent Hoberman’s Founders Factory accelerator program in 2019, also received funding from the UK’s VC Venrex and angel investor Georgie Smallwood, part of Accel’s first cohort of Scouts and chief product officer at micro mobility startup Tier.

Cambridge University spin out, GamGraPhic has raised £813,475 from Wealth Club clients through the Enterprise Investment Scheme (EIS). This takes its total amount raised to £1.26 million, which has been raised through an equity funding round from existing and new investors led by Frontier IP and Wealth Club. 

A proptech company which aims to be the ‘Airbnb for shared living’ has raised over £500,000 in additional funding from existing investors.  Worcester-based COHO has secured investment from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, and private investors. The funding will enable it to scale the platform, strengthen its management team and continue its rapid growth.