Investors have rewarded the commercial success of Spotta’s smart pest systems with a $1.18 million seed funding round.  This investment reflects Spotta’s huge potential in global markets in farming, forestry, hospitality, and other sectors to solve the £320 bn ($400 bn) problem of insect pests while dramatically reducing pesticide use.  Representatives of Cambridge Angels and REMUS, a US-based VC firm, will join Spotta’s board as part of the £934,000 ($1,184,287*) investment deal. Other major investors include Martlet Capital, Wren Capital, and the Angel CoFund. 

Aceleron, the UK developer of sustainable and reusable battery solutions, has announced a £2m million equity investment with £1.45m from BGF, the UK’s most active investor, and the remainder from existing investor Mercia Asset Management.

Corby-based Green Life Buildings Ltd has received a £600k funding package from the Midlands Engine Investment Fund (MEIF) East & South East Midlands Debt Finance, managed by Maven Capital Partners.

Sex therapy app Blueheart has attracted £1m of funding in a Seed Round led by PROfounders Capital and joined by Calm/Storm. The app offers pioneering sex and relationship therapy, designed by experts and based on the latest scientific research. 

NatWest have announced a partnership with Synalogik, a member of their Entrepreneur Accelerator programme, 

Closed Loop Medicine, the London based therapeutics and health tech company secures a £250,000 COVID-19 Innovate UK Continuity Funding award to support its ongoing clinical research programme previously secured through the Innovate UK Precision Medicine Accelerator.  Closed Loop Medicine were awarded the Innovate UK Precision Medicine Accelerator in 2019 to develop a precision drug + digital therapy package for patients with high blood pressure, the next stage of the project was to enter into clinical studies in April this year. 

Cowboy, a leading manufacturer of the beautifully-designed, connected electric bike, has completed its Series B funding round, totalling €23M. Leading the round is Exor Seeds, the early stage investment arm of Exor, controlling shareholder of Ferrari and FCA, HCVC, and Isomer Capital, joined by Future Positive Capital and Index Ventures, each of whom are known to support entrepreneurship and impact innovation in Europe

Belfast-headquartered green technology firm StormHarvester is announcing the conclusion of a €2 million investment round, and is launching a major new recruitment drive.

NEOS Surgery, a company that researches, develops and markets implantable surgical devices for brain, spinal and cardiothoracic surgeries, has closed a €5-million funding operation, with Avançsa and Jiadel Medical joining its shareholders. It is a co-investment operation resulting from a deal reached in 2018 with Jiadel Medical (international distribution partner) that combined a capital injection and a sales deal. 

Global technology investor, Amadeus Capital Partners, has announced the promotion of both Amelia Armour and Pierre Socha to Partner in the Early Stage Fund team.

Clive Hale, Chief Strategist of Albemarle Street Partners, looks under the hat of global markets 

To celebrate the launch of its new financial training platform, Yorkshire-based finance management specialist Mellor Financial Training is offering businesses the chance to win free access to the site worth almost £2000.