Ultromics, the UK start-up behind breakthrough artificial intelligence (AI) technology for the diagnosis of coronary heart disease, has raised £10 million in Series-A investment. The funding was led by Oxford Sciences Innovation (OSI), with Neptune, RT Ventures, GT Healthcare, Tanarra, Fushia and personal investors Andre Crawford-Brunt and Dieter Spälti also participating.  

Finstock Capital has recently launched a bridging product to help fix the funding gap for businesses waiting for their research and development (R&D) tax claim to be paid.

Since 2016, female entrepreneurs received 44 pence in funding for every £1 awarded to men, according to data from small business and startup finance provider Access Commercial Finance.

Leading creative industries specialist, Edge Investments, is pleased to announce it has invested in a significant shareholding in Hoop, a fast-growing marketplace which helps families find and book organised local activities for children and the organisers of those activities to increase their profitability.

Trailblazing action sports protection brand Ruroc has received a £3m investment from BGF, adding further firepower to its international growth plans.

The Ruroc range – which includes its signature full-face helmet with detachable face mask and the world’s first fully ventilated magnetic lens goggles – is gaining rapid traction across the globe as the go-to brand for action sports protective gear.  Over the past 8 years Ruroc’s high-quality, high-specification designs have had a constant presence in the pit lanes of the Formula 1, NASCAR, Aussie V8 and MotoGP competitions.

The Bank of Ireland Kernel Capital Growth Fund (NI) has led a £1.1m investment in Belfast based DisplayNote Technologies Limited, taking its total investment in the firm to £2m.  Founded in 2012 DisplayNote has secured multi-million pound contracts with global blue-chip customers including NEC, Dell and Vodafone.  The Company will use this investment for key hires as it builds upon its international customer base across the US, Europe and Asia.

A new programme from the SETsquared Partnership to enable some of the UK’s best tech scale-up companies to become the sector giants of tomorrow, is expected to generate over £25bn by 2030. It will also create an additional 30,000 high-skilled jobs in the tech sector, and help improve Britain’s poor investment record in research and development.

London-based startup Maze has raised £350.000 in a round led by leading early-stage European funds Partech and Seedcamp.

Maze is the first startup to perform quantitative user-testing at the design phase to provide designers with long awaited actionable KPIs. With this concept, Maze wants to fundamentally change the way digital products are built by allowing designers & product teams to iterate quickly and effectively until their design is proven.

Mercia Fund Managers is expanding its equity team with the appointment of a new investment director, following the announcement of the closing of the £45.1million EV Growth II fund in December 2017.

It may be time for the Government to reconsider the requirement for shareholders to have a minimum stake in a company before they 

Specialist Fund Brokers, Greenbackers Investment Capital, have launched The Greenbackers Cleantech Fund, their first venture fund targeting the UK’s growing Green Economy sector.

BrainQ, developing Artificial Intelligence (AI) powered technologies to treat neurodisorders in innovative ways, today announced the completion of a financing round, making the total investment in the Company to date stand at $8.8M. The financing included Qure Ventures, OurCrowd.com, Norma Investments, IT-Farm, and other strategic angel investors such as Founder and CEO of Valtech Cardio Amir Gross, acquired by Edwards in a $990M deal in November 2016.