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21st January 2022 - 0 comments

HNW angels back 1Password's $620m funding round

1Password, the leader in human-centric security, has closed a $620 million (USD) Series C that raises the company’s valuation to $6.8 billion. Led by ICONIQ Growth, with participation including Tiger Global, Lightspeed Venture Partners and Backbone Angels, the round is the largest raised by a Canadian company, and reinforces 1Password’s security and privacy leadership. Accel, who led the company’s Series A and B, is also participating in the round. 

18th January 2022 - 0 comments

Cognism raises $87.5 million

Cognism, the globally compliant international sales intelligence provider has secured $87.5 million in funding led by new investor Viking Global Investors.

18th January 2022 - 0 comments

GoStudent raises €300m led by Prosus

Vienna-based GoStudent, which provides one-to-one video-based online tutoring, raised €300M in Series D funding led by new investor Prosus, with additional participation from Deutsche Telekom, SoftBank Vision Fund 2*, Tencent, Dragoneer, Left Lane Capital and Coatue. 

18th January 2022 - 0 comments

Tribe Technology Group funds from Invest NI to fuel growth

Innovative automation focused mining equipment manufacturer Tribe Technology Group has closed a substantial Series A funding round which will be used to position the company to take advantage of high demand for its autonomous drill rigs and to develop new products.

14th January 2022 - 0 comments

Carebeans completes funding from Development Bank of Wales

Software specialist Carebeans Limited has­­­ established an office in Monmouth, Wales, having secured a significant six-figure equity Investment for their leading social care management software from the Development Bank of Wales and Liverpool based MSIF.  The co-investment includes the trade and assets acquisition of the Software business of Standex Systems Limited and onboarding of five new staff who move to Carebeans from Standex UK.

14th January 2022 - 0 comments

BGF invests £3.25 million in InsurTech leader KYND

KYND, a leading provider of pioneering cyber risk management solutions for the insurance industry, has announced a £3.25 million investment from BGF. 

KYND will use the investment to accelerate its rapid growth and global expansion plans, as well as continuing to develop transformative cyber risk technology to launch new products.

 

The company has achieved a 1000% growth on annual recurring revenue since June 2020 and developed partnerships with high-profile insurers and brokers, such as Beazley, Howden, Paragon and Alliant.

12th January 2022 - 0 comments

ConTech start-up CONXAI raises €2.7m for No Code AI Platform

CONXAI, the first No Code AI Platform for the AEC industry, has raised €2.7m ($3m) in a pre-seed funding round co-led by Earlybird and Pi Labs, Europe’s most active proptech VC.  Other investors in the round include A/O PropTech and Argonautic Ventures.  The funding enables CONXAI to onboard new talents, scale adoption and broaden the platform’s capabilities.

11th January 2022 - 0 comments

Hypi secures £150,000 pre-seed funding from SFC Capital

Hypi, the London-based SaaS platform that makes no-code app development accessible to everyone, has secured £150,000 in pre-seed funding from SFC Capital, the UK’s most active seed stage investor. The funding will support the growth of Hypi platform and push their new no-code solution out to users who want a simpler, more visual way of developing and launching their app ideas.

11th January 2022 - 0 comments

Maven leads £5.5m funding for transport tech platform Liftango

Maven Capital Partners has led a £5.5 million funding round for Liftango, a cloud-based technology platform which enables transport operators to optimise route planning in real-time based on passenger demand.

11th January 2022 - 0 comments

Plastron signs up to SPRINT

Plastron UK Ltd, a specialist in safe operations for the NewSpace industry, has signed up to the national SPRINT business support programme.

10th January 2022 - 0 comments

Cleantech start-up WATR secures £75k from Anglia Capital Group

After an impressive pitch to the Angel Investors from Anglia Capital Group, WATR successfully secured funding for their clean-tech start-up.  The founders of WATR came to the Angels with a clear mission for their business - to use technology to improve water conditions across the globe. Their long-term ambition is for WATR to become the early warning system for water quality globally and to have units in every country in the world by 2024.

10th January 2022 - 0 comments

Parent tech startup Onoco raises £150,000

Onoco, the parenting app designed to help organise families through planning, documenting infant care and tracking their development, has raised £150,000 from Jenson Funding Partners as part of an ongoing pre-seed round. The funding comes as demand for parent tech has spiked, with US companies in the sector raising $1.4bn in 2021 alone – over the total investment amount accumulated in the four years prior.

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