Fast growing Edtech startup Vygo has raised £1.5m in a pre-seed funding round supported by Angel Investment Network, the world’s largest online angel investment platform. Vygo is a Saas platform reinventing the conventional social support ecosystem in higher education.

Offering personalised support services beyond the physical campus, the business already works with a third of Australian Universities and is rapidly growing in the UK. The raise will help it expand in the UK and Europe and fuel its ambition to build borderless social education for every student.

Financial Crime Intelligence startup Schwarzthal Tech has raised £150,000 in a pre-seed funding round from SFC Capital, the UK’s most active seed-stage investor. Schwarzthal Tech uses AI to fight financial crime  by gathering publicly available information and building an individual’s network to support investigations into potential criminals. Schwarzthal Tech will use the funds to further develop the platform, build a marketing team as well as filing for an intellectual property patent on their unique “Know your Network” methodology. 

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.