Oxford Drug Design Limited (ODD), a biotechnology company with a proprietary computational and machine learning platform, has raised £2.2M in funding from existing investors ACF Investors, o2h Ventures, Meltwind Advisory, a number of returning angels and new investors and the US-based R42 Group. This brings the firm’s total amount of grant and equity funding to over £10M. 

Challenger bank, Recognise Bank, will benefit from £8.7 million in new capital following the latest successful round of fund raising by the City of London Group (CoLG), the Bank's parent company.

James Murdoch reviews how his investments have fared in the last 12 months.

Biotangents, a Scottish biotechnology business, has secured £2.2m of new funding made up from £1.6m from the UK Government’s Innovate UK innovation loans programme and a further £600k from a funding round lead by the investment syndicate Kelvin Capital and with Scottish Enterprise participation to support the development and roll-out of its ‘on farm’ rapid disease detection technology.

Green Angel Syndicate has backed a £2.5m funding raising in Salford Valve Company Ltd (Salvalco), alongside a consortium of six companies including Beiersdorf, Foresight Williams Technology, AWI Ltd, Fin.Essa and Growthdeck Ltd.

Three University of Birmingham students who developed a software platform that cuts the time taken by teachers to mark maths and science papers have raised £800,000 to help them commercialise the system.

Graide's funding has come from the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, Mercia’s EIS funds and capital from angel investors.

Catalyst has unveiled a new strategy for the next five years which it believes will generate significant economic benefits for Northern Ireland by enabling more of the population to access opportunities created by innovative industries.

Catalyst is an independent, not-for-profit organisation focused on fostering entrepreneurship and innovation, supporting transformative businesses and developing Northern Ireland’s tech industry. It works with an extensive network of volunteers and partners to deliver programmes and provide support to the tech and start-up community.

Cyscale, a graph-based cloud security analysis company, has raised €3m funding led by Notion Capital, with participation from Seedcamp, GapMinder, Micha Hernandez van Leuffen, previously founder of Wercker and now Fiberplane and NP-Hard Ventures; and David Mytton, founder of Console.dev and Server Density.

Archangels, the world’s longest running business angel investment syndicate, based in Edinburgh, has appointed Ian Macleod as the new chair of its board.

Mayku, an organisation that is redefining the manufacturing industry for small businesses with their platform to allow creators to access machines, materials and services to create their own products, has received investment from one Henley Business Angels member contributing to a total funding round of £1.5m.

Green Angel Syndicate has received a further £5m commitment from British Business Investments, bringing its total investment since November 2021 to £10m.

HBAN (Halo Business Angel Network) syndciates have led a €1.925M investment in Galway-based start-up, SymPhysis Medical. Angels from HBAN’s MedTech Syndicate, Irrus Investments and Boole Investment Syndicate invested a combined €925K in the company, which is developing a device that eases the discomfort and distress of fluid in the chest for cancer patients undergoing palliative care.