1st December 2021
- 0 commentsARC Marine has secured £2 million in funding during its latest round. The deal was led by the FSE Group, the appointed fund manager for CIOSIF (The Cornwall and Isles of Scilly Investment Fund) and supported by a US impact VC fund Sustainable Ocean Alliance and two technically experienced angel investors.
30th November 2021
- 0 commentsNOS 5G Fund, created by NOS and managed by Armilar Venture Partners, and Triple Point Ventures, have co-invested €4.4M in digital health start-up knok. The investment round also includes participation from previous investors, the Social Innovation Fund and Social and Environmental Impact Fund MSM (Mustard Seed MAZE). The Portuguese start-up will use the investment to develop complete and fully integrated telemedicine solutions which benefit enormously from 5G technology.
30th November 2021
- 0 commentsVauban, the platform that provides venture capital fund managers with everything they need to raise a fund and invest capital quickly, has closed a £4.7m funding round.
Investors include co-leads Pentech and Outward, in addition to 7percent Ventures and MJ Hudson. A roster of high profile angel investors have also participated; This includes the CEO of Nested Matt Robinson; the founder of Grabayo, Will Neale; the founder and CEO of ComplyAdvantage, Charles Delingpole; Partner at Augmentum Fintech Perry Blacher; and Al Giles, from legal services provider Axiom.
30th November 2021
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NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Fund, has invested a six-figure funding package in Margin Guardian Ltd, a platform that provides fashion retailers with data insight and targeting services. Funds will allow the business to invest in its platform, commercialise and develop an android version of its app, in addition to the iOS version, as well as fuel its marketing activities.
26th November 2021
- 0 commentsDent Reality, the London-based start-up behind a pioneering AR platform, has raised £2.5m ($3.4m) in funding to expand its pioneering work across the retail sector. The funding round was led by Europe’s most active proptech VC, Pi Labs, with participation from Silicon Valley-based commerce experts Sugar Capital and deep tech specialists 7Percent Ventures – one of the first backers of Oculus VR – alongside several notable angel investors.
25th November 2021
- 0 commentsHaatch Ventures and Wealth Club have led an investment round of £1.67 million into Advanced Commerce, alongside other private and institutional investors.
Advanced Commerce is a provider of merchandising software for small and medium-sized online retailers. The platform, GrapheneHC™, helps retailers arrange their products on their websites to maximise results, the e-commerce equivalent of arranging shelf space in a physical store. This can help convert browsers into buyers, reduce bounce rates by taking customers to the products they are looking for, plus optimise up-sell or cross-sell opportunities – driving online revenues, higher order values, and lower returns and cancellations.
25th November 2021
- 0 commentsYFM Equity Partners has completed an investment from its Buyout Fund II into Cooper Software, a Scottish-based Enterprise Resource Planning (ERP) software specialist, as the fast-growing tech business continues to expand its customer base, develop its product offering and target overseas markets.
Founded in 2005 by current CEO Frank Cooper, Cooper Software is an independent provider of products, consulting services and 24/7 support for ERP, helping businesses manage day-to-day functions and bringing the flow of data between these processes into a unified platform. The business has provided more than 1,500 enterprise solutions for over 300 clients worldwide.
24th November 2021
- 0 commentsTurquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its 13th deal for the Low Carbon Innovation Fund 2 (LCIF2), a £300,000 investment in Weeding Technologies. LCIF2 led the £890,000 equity round, which included Calculus Nominees and SFC Nominees as co-investors.
24th November 2021
- 0 commentsNorth west-based multi-family investment office, Arete, has announced it has led a £3m investment into experience analytics platform, Uncrowd. Created by retail and systems experts Richard Hammond and Rocky Howard, Uncrowd is a cutting-edge platform that allows global retailers and brands to measure customer experience through innovative methods of data collection. It was recognised as one of Silicon Valley’s best retail tech start-ups at this year’s Plug and Play Fall Summit and has earnt a place on the Plug and Play accelerator programme.
24th November 2021
- 0 commentsPayhawk, the payments and expense solution with offices in London, Sofia, Berlin and Barcelona, has raised $112 million just three years after its inception, valuing the company at $570m. The Series B round is led by the San Francisco-based investor Greenoaks, who has a strong track record of investing in high-growth technology companies such as Gorillas, Robinhood, Stripe and Brex. All existing investors, including QED Investors, Earlybird Digital East and Eleven Ventures are participating in the round.
23rd November 2021
- 0 commentsShield-IoT, a leader in mass-scale IoT and IIoT network cyber security and operational monitoring, has closed a $7.4 million Series A round of funding. The Series A round was led by NextLeap Ventures and Bloc Ventures, with participation of Atlas Ventures, Akamai Technologies, Springtide Ventures, DIVEdigital and Janvest Capital Partners.
23rd November 2021
- 0 commentsA TECH start-up that eases the administrative burden left with bereaved families has set its sights on rapid expansion, after receiving support from a team of North East innovation experts.
Settld has secured over £800,000 for its end-of-life admin platform, which automates bereavement notifications to over 750 companies from banks to social media players. By digitising the process, Settld reduces the admin stress often left with grieving families and the professionals who support them.