Tag: funding

  • Allica Bank to become UK’s latest fintech unicorn, following $155M funding round, according to report

    UK challenger business bank Allica Bank is to become the latest UK fintech unicorn, following a$155m (£111m) Series D funding round, according to a report. Allica is expected to announce tomorrow that its new valuation will hit$1.2bn (£890m), following the Series D round, Sky News says. It will mean that Allica will join the likes read more

    Allica Bank to become UK’s latest fintech unicorn, following 5M funding round, according to report
  • Power Protocol reaches $15.4M total funding to expand gaming ecosystem

    London-based Power Protocol, a blockchain infrastructure platform for gaming and digital entertainment, has secured a $3 million investment from BITKRAFT Ventures, bringing total ecosystem funding to $15.4 million. Power Protocol is a Web3 gaming ecosystem designed to connect games, studios, players, and digital assets through shared infrastructure. Powered by the $POWER token and developed by read more

    Power Protocol reaches .4M total funding to expand gaming ecosystem
  • MaXon Systems secures funding to build autonomous air defence against mass drone attacks

    MaXon Systems, a Ukrainian defence technology company building an autonomous, end-to-end counter-UAS platform designed to defend large perimeters against mass drone attacks, has raised funding in a round which included Greenflag Ventures, BRAVE1, Freedom Fund VC, and Big Defence. MaXon is building an autonomous air defence system designed to counter mass Shahed-type drone attacks, where read more

    MaXon Systems secures funding to build autonomous air defence against mass drone attacks
  • Giggle raises funding to expand flexible staffing platform

    Budapest-based Giggle, a staffing platform connecting blue-collar workers with shift-based roles, has raised an undisclosed funding round to support its expansion into the Romanian market. The round was led by OXO Labs, part of O3 Partners and the family fund of Romania’s Catalyst NXT Ventures, headed by former Hungarian finance minister Peter Oszkó, alongside three read more

    Giggle raises funding to expand flexible staffing platform
  • SatVu closes a £30M funding round to accelerate its multi-satellite constellation

    SatVu, a UK-based thermal intelligence company that uses space-based data to analyse operational activity and infrastructure performance, has closed a £30 million funding round, bringing its total equity funding to £60 million. The round includes a strategic investment from the NATO Innovation Fund, alongside the British Business Bank, Space Frontiers Fund II (managed by SPARX read more

    SatVu closes a £30M funding round to accelerate its multi-satellite constellation
  • simmetry.ai expands AI training platform following €330K funding

    simmetry.ai, a synthetic data company working across agriculture, food and industrial sectors, has secured €330,000 from NBank, the investment and development bank of the German state of Lower Saxony. The funding was provided through the High-Tech Incubator (HTI) accelerator programme. simmetry.ai was founded in 2024 as a spin-off from the German Research Centre for Artificial read more

    simmetry.ai expands AI training platform following €330K funding
  • London fintech Tangible raises $4.3M in seed funding

    A London-based fintech which helps companies access and manage debt finance has raised $4.3m in a seed funding round. The funding round inTangible was led by Pale Blue Dot with participation from MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital, and Aperture. It follows a £4m ($5.45m) funding round Tangible carried out last year. Tangible read more

    London fintech Tangible raises .3M in seed funding
  • Nocomed raises seed funding to address healthcareʼs biggest emissions blind spot

    Nocomed, a Dublin-based sustainability software company, has raised €650,000 in seed funding to support the continued development and expansion of its platform, which focuses on supply chain-related emissions in the healthcare sector. The investment came from independent medtech investor Barry Comerford (Founder of Sauleen Holdings and Cambus Medical), software angel investor Edmund Wilson (Co-Founder of read more

    Nocomed raises seed funding to address healthcareʼs biggest emissions blind spot
  • Overmind launches with £2M in seed funding to support development of agentic AI

    London-based Overmind, which is developing a supervision layer for AI agents, has closed a £2 million seed funding round. The round was led by specialist cybersecurity investor Osney Capital, with participation from 14Peaks, Portfolio Ventures, Antler, and Endurance Ventures. As agentic AI systems advance, security requirements are becoming more complex and are increasingly difficult to read more

    Overmind launches with £2M in seed funding to support development of agentic AI
  • Porters closes €2.7M pre-seed funding for financial services backoffice software

    Porters has closed a €2.7 million pre-seed funding round to develop AI-based software for banking operations. The round was led by Earlybird, with participation from Seedcamp and a group of fintech founders and industry professionals. Angel investors include Martin Kassing (Upvest), Alexandre Prot (Qonto), Lukas Zörner (Penta and Integral), and Adrien Treccani (Metaco). Additional participants read more

    Porters closes €2.7M pre-seed funding for financial services backoffice software
  • OpenAI and Hugging Face angels back Hungary's "highest-ever" pre-seed funding round

    A Hungarian robotics hardware startup says it has raised the “highest-ever” pre-seed funding round in the country’s history. Allonic has raised$7.2m in pre-seed funding, in a round led by Visionaries Club, with participation from Day One Capital. Other investors include angel investors from Hugging Face and OpenAI. Allonic’s play is to speed up how robot read more

    OpenAI and Hugging Face angels back Hungary's "highest-ever" pre-seed funding round
  • $26M funding round backs Veremark’s international expansion and service rollout

    London-based Veremark has raised $26 million in Series B funding, led by Gresham House Ventures, with participation from existing investors Samaipata, ACF Investors, and Stage 2 Capital, alongside a multi-million dollar debt facility from Salica Partners. Founded in 2020, Veremark is a global workplace trust company that provides background screening, whistleblowing, and credential verification services read more

    M funding round backs Veremark’s international expansion and service rollout
  • SmartyPlants closes £190K funding round for smart plant care technology

    SmartyPlants, a UK-based technology startup focused on plant care, has received £190,000 in funding from the British Design Fund (BDF) to support the continued development of its smart sensor system for houseplants. Caring for indoor plants can be challenging due to factors such as inconsistent watering, unsuitable light conditions, and limited visibility into plant health. read more

    SmartyPlants closes £190K funding round for smart plant care technology
  • Polaron completes $8M funding round for materials science intelligence

    London-based Polaron, an AI-focused startup developing tools for materials science, has raised $8 million to support the development of an intelligence layer for materials research and development. The funding round was led by Racine2, with participation from Speedinvest, Futurepresent, and a group of angel investors from the industrial AI sector. Despite widespread automation in manufacturing, read more

    Polaron completes M funding round for materials science intelligence
  • MyARC launches new platform for fitness creators following €2M+ funding round

    London-based MyARC, a platform that enables fitness creators to train their communities at scale, has secured more than $2 million in funding, with participation from Araya Ventures, Morgan Stanley, Techstars, and G Fund. Alongside the funding, the company has launched a next-generation version of its platform aimed at supporting the operation, monetisation, and growth of read more

    MyARC launches new platform for fitness creators following €2M+ funding round
  • UK Announces £1.5 B. Arts Funding Package to Expand Access Beyond London

    London museums are being urged to extend their reach across the country, as culture secretary Lisa Nandy announced a landmark £1.5 billion funding package for the arts on Wednesday. National institutions, including the British Museum and the National Portrait Gallery, will receive £600 million, but Nandy emphasized that the investment comes with a responsibility to read more

    UK Announces £1.5 B. Arts Funding Package to Expand Access Beyond London
  • TeamFeePay announces £9M funding round and European expansion plans

    Belfast-based sports technology company TeamFeePay has completed a £9 million equity funding round to support expansion into new markets and planned recruitment. The round was led by investments from YFM Equity Partners and the Investment Fund for Northern Ireland (IFNI), managed by Clarendon Fund Managers. Additional participation came from Techstart and a group of private read more

    TeamFeePay announces £9M funding round and European expansion plans
  • CoolSem Technologies raises pre-seed funding for wafer-level thermal innovation

    CoolSem Technologies, a semiconductor thermal management company, has closed a pre-seed funding round led by High-Tech Gründerfonds (HTGF), with participation from KBC Focus Fund NV, the Brabant Development Agency (BOM), and TTT Green Tech B.V. (SHIFT Invest). As chips become an increasingly critical resource, pressure on raw materials is rising, and heat management remains a read more

    CoolSem Technologies raises pre-seed funding for wafer-level thermal innovation
  • Nuclera extends Series C funding to $87M to accelerate antibody engineering work

    Biotech company Nuclera has secured an additional $12 million in financing, bringing its total Series C funding to $87 million. The extension was led by Elevage Medical Technologies and Jonathan Milner, with participation from existing investors British Business Bank and GK Goh. Nuclera is focused on streamlining protein expression and purification workflows through its benchtop read more

    Nuclera extends Series C funding to M to accelerate antibody engineering work
  • Pre-seed funding fuels Lynk’s expansion of AI-driven contract control platform

    Rotterdam-based Lynk, a collaborative AI contract workspace that helps businesses manage and control their agreements, has closed a pre-seed round led by European AI investor Curiosity VC, with participation from strategic angel investors. Lynk is developing a contract intelligence layer integrated into the contract-control process. The platform automates audit tasks, identifies potential risks, and flags read more

    Pre-seed funding fuels Lynk’s expansion of AI-driven contract control platform