Silicon Valley Comes to the UK (SVC2UK) has unveiled its annual list of the 50 most ambitious, high-growth technology businesses in the UK joining the 2021 ‘Scale Up Club’. The club celebrates some of the UK’s fastest growing tech companies each year, providing unique opportunities to gain invaluable insight and mentoring from some of the world’s most high-profile business leaders and entrepreneurs. 

Getsafe, the digital insurer targeting millennial buyers in Germany and the UK, has expanded its Series B funding round to $93M. The company is now serving a quarter of a million customers in Germany and the UK, consolidating its position as Europe's largest neo-insurer.

Imophoron, a developer of a novel, next generation rapid-response vaccine platform, ADDomer(TM), to combat present and future infectious diseases, has secured £4 million in an oversubscribed fundraising round. 

More than four in ten businesses in the UK were using external finance in 2021 but a lack of local investors means economic potential continues to be wasted 

JPIN Venture Catalysts Ltd, a world-leading startup investment bank, has joined Cambridge Cleantech  as an ‘Investor in Residence’ with a lead focus on UK-India opportunities, alongside business leaders including fellow investors, corporates, entrepreneurs, academia and government.

Rapidly growing biomass fuel manufacturer Land Energy (LE) has secured £6 million in funding from Independent Growth Finance (IGF). The asset business lending (ABL) package includes invoice finance, inventory and equipment facilities. The significant working capital will enable the company to expand its operations and develop a new, clean-burning briquette aimed at the domestic solid fuel market.

GP Bullhound has announced that Fund V has closed oversubscribed at the hard cap of €300m.

Foresight Group, an award-winning listed alternative investment manager, has provided a senior secured debt facility of up to £15 million to Channel Islands multi-product specialist lender Reto Finance.

Bowers Electrical Engineering Services Ltd has secured £250,000 from Maven Capital Partners E&SE Midlands Debt Finance fund, through the Midlands Engine Investment Fund (MEIF) and backed by the Coronavirus Business Interruption Scheme Loan (CBILS).

Entia, a medical technology business, which recently announced a commercial partnership with Pfizer UK, raised $12 million earlier in the year in a funding round co-led by UK growth capital investor, BGF and growth fund manager, Parkwalk, with participation from existing seed investor Sussex Place Ventures.

EquiTrace, a unique app for horses that combines identity, GPS and medical records data using a scanner, a microchip and a mobile phone, has signed an investment agreement with a syndicate of HBAN angel investors led by Brendan Nevin, CEO of Code Institute for 1million euros.  Enterprise Ireland will also be investing in the company, providing 250,000 euros.  EquiTrace will use the investment to grow the company, building a sales and development team as well as investing in marketing, and focus on global expansion.

Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested £1m into Peckwater Brands, the creator of data-driven virtual food brands, which develops delivery-only, fully-serviced food concepts to increase revenue for existing restaurants, its franchisees.