Innovatium, a Scottish technology business focused on reducing the carbon impact of industrial processes, has secured over £900,000 of new investment to enhance its new liquid air battery technology.

Led by the investment syndicate Kelvin Capital, alongside co-investment partners Scottish Enterprise, the funding round will support the continued development of Innovatium’s ground-breaking Liquid Air Energy Storage System called the PRISMA Air Battery.  The funding will also be used to scale the already experienced team to assist in the build of productionised units for identified clients.

Lune, which aims to change this by offering an API and software tools to make it easy for any business to integrate climate impact into their customer experience, has closed a $4m funding round led by early-stage VC Crane, with participation from 15 reputable angel investors, including Maximilian Tayenthal (co-founder of N26), Fredrik Hjelm (co-founder of Voi) and Tony Jamous (co-founder of OysterHR & Nexmo). 

Anglesey-based online events platform, Haia celebrates this week with the announcement of significant investment deals from early-stage funder SFC Capital and Stakeholderz angel funding.

Nick Lyth, founder of the UK’s largest network of specialist investors fighting climate change, asks: “What will these new targets achieve?”

Global Data from Angel Investment Network reveals Technology remains the top sector for investors looking to back startups, up 23% year on year and there is growing opportunity for FinTech entrepreneurs, more investors looking to back fintech businesses.

There has been a significant rise in the numbers of angel investors looking to back startups across the globe with technology the most popular sector and food and beverage seeing the fastest year on year growth. These are some of the key findings from Angel Investment Network’s annual analysis of the global state of angel investment funding based on data from their platform. 

Wastewater treatment and bioenergy company, WASE, has raised £400,000, to be followed by a further £300,000, following closure of the oversubscribed Seedrs campaign. The funding was led by Elbow Beach Capital, the decarbonisation, sustainability and social impact investor, with support from the Science Angel Syndicate, and the European Union’s Climate-KIC’s investment support programme Found by Us, Funded by You, WASE has raised over £1 million.

James Murdoch investigates the use of secondary markets as a risk management tool.

We spoke to founder and Gabriel Investments CEO Gill MacAulay to find out more about the syndicate and the companies they back, and to get her views on the future of angel investing in the region.

Award-winning hybrid studio and digital fitness platform BLOK has  secured £3.75m in a funding round led by ACF Investors, with additional investment from Elcot  Capital and The Santon Group. The funding round also included investment from the UK  government’s Future Fund, Crowdcube and angel investor Rob Wirszycz, who will be joining the  business as Chairman.  

Experienced equity investor Duncan Gray has been appointed as Technology Venture Investments Director following a successful period of growth in the Development Bank of Wales’ Technology Venture Investments (TVI) division.

CorkBIC will host an all-Europe angel reunion at Páirc Uí Chaoimh, Cork, on 18^th and 19^th May in the presence of Michael McGrath TD, Minister for Public Expenditure and Reform. Business angels and super angels from across Europe will attend the European Business Angels Network (EBAN) Congress with the aim of increasing annual angel investment in Europe from €8BN to €10BN by 2025.

Par Equity has announced the addition of MIRALIS DATA to their portfolio. Par Equity led the company’s £1.7m Seed round alongside other angel investors, such as SAAS entrepreneur Kevin Beales.