Closed Loop Medicine, the London based therapeutics and health tech company secures a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme previously secured through the Innovate UK Precision Medicine Accelerator.  Closed Loop Medicine were awarded the Innovate UK Precision Medicine Accelerator in 2019 to develop a precision drug + digital therapy package for patients with high blood pressure, the next stage of the project was to enter into clinical studies in April this year. 

Cowboy, a leading manufacturer of the beautifully-designed, connected electric bike, has completed its Series B funding round, totalling €23M. Leading the round is Exor Seeds, the early stage investment arm of Exor, controlling shareholder of Ferrari and FCA, HCVC, and Isomer Capital, joined by Future Positive Capital and Index Ventures, each of whom are known to support entrepreneurship and impact innovation in Europe

NEOS Surgery, a company that researches, develops and markets implantable surgical devices for brain, spinal and cardiothoracic surgeries, has closed a €5-million funding operation, with Avançsa and Jiadel Medical joining its shareholders. It is a co-investment operation resulting from a deal reached in 2018 with Jiadel Medical (international distribution partner) that combined a capital injection and a sales deal. 

British Patient Capital announces its participation in Quantexa’s series C funding round as Quantexa announces the close of the round at $64.7 million (£51.2m).The deal is the first direct investment by British Patient Capital in a company as part of a long-term co-investment strategy that identifies and supports high-potential, later-stage UK companies in its underlying portfolio. In the case of Quantexa, British Patient Capital had a prior exposure via its commitment to Dawn Capital’s third fund. 

Closed Loop Medicine (CLM), the London based therapeutics and health tech company has secured a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme previously secured through the Innovate UK Precision Medicine Accelerator.

Genius Group has completed the acquisition of Entrepreneur Resorts Ltd, comprising luxury resorts and lodges, beach clubs and city co-working hubs for $32.6 million. The acquisition results in a combined entrepreneur education group with over 1.4 million students in 200 countries, and a faculty of 2,000 mentors guiding students to launch and grow their own businesses.

Takarék Venture Capital Fund I. managed by Dutch-Hungarian VC company DBH Investment has invested EUR 2 million into Budapest-based AerinX in a Pre-Series A round. The company develops and provides digital aircraft maintenance solutions. AerinX plans to enter international markets with its highly innovative mixed reality (MR) system for the external inspection and maintenance of aircraft and other aerial vehicles early next year. 

Green Angel Syndicate has completed an investment in online, sustainable grocer, Good Club, as part of a £900k raise. Good Club is an online grocer, selling over 2,000 sustainable staples (70% ambient food, 30% non-food), delivered to consumers nationwide direct from wholesalers. 

 Novai, a biotechnology startup originating from University College London, has secured £500,000 in seed funding in a round led by SFC Capital. The funding will be used to further develop Novai’s AI-powered technology that enables standard medical imaging equipment to identify eye disease at a cellular level up to 18 months earlier than current gold-standard processes. 

FLX Distribution, the first and only professional network technology platform bringing together asset management firms and independent distribution professionals, today announced that it has closed a $2.5 million seed round, named two leading industry executives to its new Board of Directors, and added to its existing Advisory Board. 

The Universities of Birmingham and Warwick have created a new spinout company, 4D Medicine Ltd, to commercialise a new class of materials – liquid resins that can be printed into solid 3D scaffolds to help patients recover from major medical procedures more quickly.