Fox Robotics seeks £400,000 to fund the commercial development of its innovative Autonomous Mobile Robots. 

Process Vision, a leading business in preventing pipeline contamination and pipeline failures in the oil and gas industries, has received investment from three members of the Henley Business Angels (HBA), contributing towards a total funding round of £383k.

Tech Nation, the UK network for ambitious tech entrepreneurs, has revealed the 10 early-stage scaleup winners of its nationwide competition, Rising Stars. 

The Rising Stars competition is the only national early-stage tech scaleup competition in the UK, and is designed to showcase the most exciting companies at Seed to pre-Series A funding from all areas of the country. Tech Nation’s Rising Stars are on track to become the world leading tech companies of tomorrow - the UK is a world leader in producing successful tech companies, and is now home to 77 billion-dollar businesses, double that of Germany and almost four times as many as Israel.

Leicestershire-based European Thermodynamics, an SME developer and supplier of thermal management components to the electronics, medical, telecoms and industrial sectors, has signed up to the national SPRINT business support programme.

SPRINT will provide European Thermodynamics with funded access to the expertise, research and facilities from the University of Leicester. This project will enable European Thermodynamics to develop the first space-qualified, UK-produced thermoelectric generators and coolers for space applications and other extreme/challenging environments.

Dealroom has raised €2.75M Euros in a Series A round co-led by Shoe Investments and Knight Venture Capital. The funding will support the company’s continued international expansion in Europe and beyond including making key hires in these markets. 

NPIF – Maven Equity Finance, managed by Maven Capital Partners and part of the Northern Powerhouse Investment Fund has invested £500,000 in fissara Limited, a designer, developer and provider of operational management software (“OMS”) for the SME and mid-sized corporate market. The funding will allow the business to invest in product development and expand its team, creating 10 new jobs in the Manchester region.

The Development Bank of Wales has invested £250,000 in Yimba, a fintech multimedia and marketing platform enabling banks to differentiate their mobile wallet offering and generate new consumer insights through advanced technology.

The investment, which is also expected to generate over 50 new fintech jobs, will accelerate Yimba’s capabilities to help banks and fintechs improve the customers’ experience with personalised payment cards and digital wallets, enabled by its technology platform that provides connection to the ‘closed’ digital payment network.

Keensight Capital, one of the leading private equity managers dedicated to pan-European Growth Buyout [1] investments, has entered into an agreement to sell shares of smartTrade Technologies, a global leader in multi-asset electronic trading solutions, to Hg.

European proptech VC A/O PropTech has launched after raising €250m permanent capital to invest in technology companies disrupting real estate, the largest asset class in the world. With its permanent capital approach, a first in the space, the firm is able to be stage agnostic, and a more flexible and patient investor.

A/O PropTech invests from Series A to later growth stages in breakout companies, with the potential to transform the real estate industry through technology, data science and AI. To date, A/O PropTech has backed 10 companies, in Europe, USA, and Israel including Bricklane, Fornova and most recently Plentific - leading a $32mn Series B round in November 2019. 

Start-ups are twice as likely to succeed if mentoring is involved, as opposed to those who try and build their venture on a good idea and funding alone*. 

Collision Management Systems (CMS), the connected vehicle data specialist, working with insurers, fleets and remote worker organisations to reduce employee risk, has raised a second round of funding from BGF, the UK and Ireland’s most active investor in growing businesses, to further accelerate its growth.

Angel CoFund backed LivingLens, the video feedback platform, to humanize feedback and bring the voice of the customer and employee to life, has entered into a definitive agreement to be acquired by Medallia.