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9th February 2024 - 0 comments

Clue Software raises £4m led by Frog Capital

Clue Software, a provider of software for investigations and intelligence management, has raised £4 million led by Frog Capital, with £1 million coming from angel investors and employees, supported by investment advisor ScaleUp Group. Founded by Clare Elford (CEO), and Thomas Drohan (CCO), the tech for good platform has grown exponentially despite challenging UK market conditions for tech investment.

9th February 2024 - 0 comments

GenAI-powered AudioStack raises £2.5 million

London-based startup AudioStack has raised a £2.5 million pre-Series A round led by Quadri Ventures to revolutionize large scale audio production for enterprises through Artificial Intelligence.

9th February 2024 - 0 comments

SQCDP unlocks funding to modernise factories

SQCDP, a Newcastle-based SaaS startup, has successfully raised £200k to increase manufacturing efficiencies and support workforce engagement by removing problem paper systems in factories. The £200k funding is part of a wider pre-seed funding round which is still being raised.

2nd February 2024 - 0 comments

GaN Systems founder Girvan Patterson joins QPT

The second co-founder of GaN Systems, Girvan Patterson, has joined his fellow co-founder, Geoff Haynes, as an advisor at QPT, an independent power electronics company which recently launched its first funding round on Crowdcube, targeting £1 million of investment.

26th January 2024 - 0 comments

Automated field system wins funding from Innovate UK

Sheep producers will be able to improve their flock’s efficiency thanks to Innovate UK and Defra funding towards developing a field based automated system to monitor lamb growth and in turn, provide data to make advanced and accurate predictions of time to reach target finished weight.

26th January 2024 - 0 comments

About:Energy launches initiative to support battery skills development

Angel-backed spinout About:Energy, a world-leading innovator in battery development software is launching ‘Formula Student: Drive to Recharge’, a new initiative to help address the UK's battery skills gap and support the development of 1,500 battery engineers by 2030.

About:Energy span out of the University of Birmingham and Imperial College London in 2022, and the sponsorship, which covers five Formula Student teams in the UK, includes teams from both.

19th January 2024 - 0 comments

Recraft secures $12m to advance the use of AI in design and branding

Recraft, the professional AI graphic design generator, has closed a $12 million in Series A funding in a round led by Khosla Ventures and former GitHub CEO, Nat Friedman, with participation from RTP Global, Abstract VC, Basis Set Ventures, Elad Gil and other angel investors.

22nd December 2023 - 0 comments

Bed bug detection tech company Spotta secures £3m funding

Spotta, the smart pest detection tech company, has raised a £3 million growth investment round led by The Yield Lab, STIHL Ventures, and ACF Investors. The latest investment will be used to drive the global growth of Spotta’s products, in particular the breakout success of the Bed Pod detectors for bed bugs. 

15th December 2023 - 0 comments

Angel Investor fintech Obu closes first investments

Obu, the angel investment platform, has closed funding rounds for the first two female-founded businesses to raise funds on its platform. 

Moody Month, a femtech women’s wellness app, and ProperPlan, a personalised project planning app that harnesses the power of AI raised £105K and £193K respectively.

15th December 2023 - 0 comments

Tech startup Lyko raises €1.4m to accelerate its international expansion

Lyko, a technology provider specializing in the deployment of multimodal solutions and Mobility as a Service, has announced a funding round of €1.4 million. This operation, which represents a key milestone for the company, was carried out with international investors such as Habert Dassault Finance, Afrimobility (Akwa Group), some business angels, and banks such as Bpifrance, Crédit Mutuel, and Caisse d'Épargne.

15th December 2023 - 0 comments

Proptech Homemove reaches £5m revenues in first year

Homemove has reached an impressive milestone of half a million pounds in revenues in its inaugural year of full commercialisation with one month of the year left to go.

8th December 2023 - 0 comments

About:Energy and Eatron Technologies secure further funding

Spinout About:Energy and Eatron Technologies have been awarded funding from UKRI’s Faraday Battery Challenge to develop a first-of-its-kind AI-powered decision engine that delivers increased battery longevity, accelerates time-to-market, and cements the UK’s position as a global leader in AI-powered intelligent battery management systems.

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