Wave power specialists Mocean Energy have secured major new investment to accelerate the commercial roll-out of their ground-breaking wave energy technology.  The Edinburgh firm has raised £730,000 equity funding from existing funders, led by angel syndicate Equity Gap, together with Old College Capital, the University of Edinburgh’s in-house venture investment fund, and Scottish Enterprise.

Delio has raised a further $8.3m to enable angel networks and fellow financial institutions to create greater investor access to alternative assets such as private equity, private debt, and real estate.

Detected, the critical infrastructure component for global KYB compliance, has raised an additional £1.5 million in just three weeks, adding to £2 million seeded in previous funding rounds.

Gigamine, a UK start-up, is developing technology and solutions to provide lithium-ion battery recycling that will deliver a step change in efficiency and sustainability. Early-stage fund, 7percent Ventures led the seed round, joined by a group of prominent angel investors that includes the founder of Extreme E and Formula E, Alejandro Agag.

Umazi, the due diligence platform automating enterprise identity verification, 

Babbu, an early development ed-tech company that has launched an online nursery app to support the parents and guardians of children under five years old, has received investment from members of Henley Business Angels, contributing to their overall funding round.

SpaceBands, a company that creates wearable technology solutions to make workplaces safer by tracking social distancing, decibel levels and more, has received investment from Henley Business Angels members contributing to a total funding round of £600k.  SpaceBands first wearable technology product combines a wrist worn device and a small portable hub as an ‘all-in-one’ solution that gives members of staff responsibility for their own safety without intruding on their work.

A Northumberland-based AgriTech firm has secured a six-figure investment and received innovation grant funding to transform how farmers and rural landowners manage their assets.  Drone Ag established its business delivering aerial crop scouting, spraying, and mapping using drones and smart data-analytics and has gone on to secure a mix of Innovation funding to expand their operation into developing a drone-based solution to soil sampling.

A doctor who has developed an app to help reduce anxiety in children undergoing surgery has raised £1.5m from NPIF – Mercia Equity Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund (NPIF), Mercia’s own funds and private angel investors.

CybExer Technologies, a NATO-awarded cyber range company with global customers spanning international defence organisations, financial institutions, and critical infrastructure enterprises, has announced a €5m funding round to meet market demand and expand its global operations in the face of  a global cyber security skills gap and the explosive growth in increasingly sophisticated cyber-attacks.

The UAE-based company Takalam has raised $1 million in funding that was led by Emirates Angels members. A group of Emirates Angels’ members have invested along with Nowaisi Investments, Plug n Play and a Jordanian based Fund in Takalam’s Pre-Seed round.

Online education company FourthRev has raised $8 million. The lead investor is Educapital, Europe’s first education technology impact fund, with follow-on funding from Reach Capital, Emerge Education and Danner Capital as well as a number of edtech entrepreneurs and executives.   This funding round fincludes four new angel investors alongside the VC funding, namely Dan Devine, Greg Finkelstein, Jeff Keith and Scott Mckinley.