Akcela Ventures, Norwich’s only startup incubator,  has been awarded a £110,000 grant. The funding has been secured as part of the Ecosystem Partnership Programme, a joint initiative between Norfolk and Suffolk County Councils, Connected Innovation and Barclays Eagle Labs to boost support for the region’s digital technology sector.

BetaDen, the award-winning Worcestershire-based organisation providing support for innovative technology-based businesses, has welcomed the first intake of start-up technology and digital businesses to its new incubator programme, delivered in partnership with Barclays Eagle Labs and Worcestershire Local Enterprise Partnership. 

Catalyst has announced the finalists of INVENT 2024, the leading competition for aspiring innovators and entrepreneurs in Northern Ireland. Organised by science and technology hub Catalyst with headline partner Bank of Ireland, the inspirational INVENT showcase is the main event of the year for early-stage startups and aspiring entrepreneurs to showcase their innovations to a panel of expert judges.

NALA, a leading UK fintech company has raised $40 million in Series A funding to support its global expansion and enhance the reliability of payments to Africa by developing its payment rails.

Unum Aircraft Seating, a UK-based manufacturer of business class seats, has raised £3.5m with participation from ACF Investors. The funding will be used to support research and development and to expand its sales pipeline within the airline industry. 

Saltroad, a new online platform which aims to tackle the waiting list backlog for accessing speech and language therapy in the UK  by matching parents with qualified practitioners, has raised £575,000 pre-seed funding.

NTU Enterprise has launched its new Angel Investor Network Programme, funded by the UK Shared Prosperity Fund and delivered on behalf of Nottingham City Council by Nottingham Trent University, investment specialists Greenborough Management, B-Global and a range of local partners.

Animal Health Angels has invested in MI:RNA, the veterinary diagnostics company using cutting-edge technology and science to transform animal health diagnosis, as part of a $4 million in Series A funding round. 

Aiming to change the future of animal health treatments through improved, earlier diagnostics, the capital will be used to continue global growth plans and revolutionise animal health testing, improving diagnosis and wellness among the pet, agriculture and equine sectors. MI:RNA’s vision is to change the approach to disease diagnosis to improve animals’ outcomes. The merits of MI:RNA technology are scientifically reviewed and proven, winning numerous grants and awards.

The UKBAA Angel Investment Awards took place on 3rd July at Illuminate at the Science Museum in London.

Find out who won each of the night’s categories.

Supercede, the leading reinsurance technology platform, has completed a $15 million Series A funding round from new and existing investors.

USA: Central Texas Angel Network (CTAN) has announced the closing of its first investment of the year, with an investment over $500,000 in Endomedix, Inc., a medical technology company leveraging cutting-edge technology to deliver unparalleled performance and safety in controlling surgical bleeding. Notably, CTAN's investment in Endomedix includes a substantial contribution from the CTAN Sidecar Fund.

Edinburgh-based 1nhaler, which is backed by Archangels, has appointed two experts in inhalation and respiratory medicines to the Board as it looks to accelerate the development and market-readiness of its novel single use inhaler device.