Leo Cancer Care is an innovative start-up company that is set to change the face of Radiation Therapy forever. They recently completed their Series B fundraising activities, through parent company Asto CT Inc. alongside the team at Pureland Global Venture. The fundraise has seen investments from investors located all across the globe, some of the largest investors in the fundraise alongside Pureland were investment companies Yu Galaxy, WARF, Alumni Ventures, Junson Capital and Serra Ventures as well as industry leaders CHC, Cosylab, Toret Devices and Radiation Business Solutions.

Cardboard Bedding Ltd, trading as Green Mile, is relocating to Prees in Shropshire after securing £180,000 from the Midlands Engine Investment Fund (MEIF).

A new investment initiative has been launched by ACE Entrepreneurs to support and fund early-stage black-owned businesses. The ACE Entrepreneurs Investment Program has been launched to tackle a funding gap for black-owned businesses. The program is led by businesswoman and entrepreneur Nadine Campbell, Founder of ACE Entrepreneurs, a community for diverse entrepreneurs and Kevin Edwards, who is the ACE Entrepreneurs Investment Partner and BTIG Managing Director - European Credit Sales & Trading.

Percent, the fintech innovator with the mission to put good into everyday financial transactions, has closed a $5M venture round led by Morpheus Ventures. 

The AI Accelerator is back! Applications are open until 8th of August so there’s still time to apply. Based at the University of Edinburgh’s world-leading innovation hub - the Bayes Centre - the Accelerator gives data driven scaleups the opportunity to harness the power of AI and bring about transformative change. To reach a wider UK scaleup community, we are delivering the Accelerator in partnership with London-based community Scale Space and welcoming Nile’s strategic design support.

The FSE Group has been accredited as a lender under the Recovery Loan Scheme (RLS) in the London & The Midlands regions.

Calculus Capital and Foresight Group have successfully sold Mologic Limited, a world leading innovator in lateral flow and rapid diagnostic technologies, and founder of Global Access Diagnostics. Mologic’s co-founder and Chief Scientific Officer, Paul Davis, was the originator of the Clearblue pregnancy test, the world’s first commercial application of lateral flow technology.

New data released by Tech Nation, the UK’s tech scaleup experts, and Dealroom analyses the UK’s position on the global tech stage in comparison to the US and China. Analysis finds that the UK ranks third in the world for its number of tech businesses valued above $10bn.

Elestial Limited, an Oxfordshire-based start-up, has signed up to the national SPRINT business support programme to collaborate with the University of Surrey on a new project focused on orbital debris removal. SPRINT funding will enable Elestial to conduct a new feasibility study with Surrey Space Centre's STAR LAB to evaluate its orbital platform concept and assess design requirements for suitable deployment in various orbital applications.

A new technology platform designed to generate long term royalties for artists and venues will be launched this August by Kasabian drummer Ian Matthews and his long-time friend and tech entrepreneur Irfon Watkins. 

Edison Group has announced the appointment of Paul Miller as CTO and Kelly Perry as Head of ESG Client Services, 

Keensight Capital, one of the leading private equity managers dedicated to pan-European Growth Buyout1 investments, has entered into an agreement to sell, alongside the founder, its stake in ASTI, a leading global autonomous mobile robotics (AMR) manufacturer, to ABB.