Fundraising

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Housr Secures £1.5M to Revolutionize Student Housing in the UK and Beyond

UK-based student living startup Housr has recently raised £1.5 million, which constitutes 30% of its ongoing £5 million funding round aimed at addressing the student housing crisis. With a focus on simplifying the rental process for students, Housr’s app facilitates everything from booking viewings to managing maintenance, landlord contacts, and bill payments. The platform, which […]

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Clean Food Group Secures €2.7 Million for Sustainable Food Technology Development

UK-based Clean Food Group has successfully secured an additional €2.7 million in funding to advance its innovative technology aimed at producing sustainable oils and fats. This significant financial boost comes from a mix of international investors, including industrial food specialists and investment companies focused on health and sustainable food production. The startup is poised to

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Uber-for-parcels startup Relay raises a $10M seed funding

Uber-for-parcels startup Relay has successfully secured a $10M seed funding round to expand its innovative delivery platform across the UK. This significant investment was led by Project A Ventures of Berlin and Prologis Ventures in the US, underscoring the industry’s confidence in Relay’s potential to revolutionize the e-commerce delivery landscape. Relay’s unique delivery model leverages

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Evaro Secures £1.2M in Seed Funding to Transform Digital Health with AI-Powered Services

UK-based digital health startup Evaro has recently announced a successful seed funding round of $1.5M (£1.2M), marking a significant step in its mission to revolutionize minor healthcare access. Evaro specializes in AI-powered clinical and drug prescription services, providing an innovative alternative to traditional healthcare pathways. By focusing on minor conditions, Evaro aims to offer fast,

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EV charging startup Indra secures over £20 million in series B funding

Indra Renewable Technologies has raised over £20 million in a series B funding round to advance its smart electrical vehicle (EV) charging and energy management solutions and expedite global expansion plans. The UK-based startup specialises in electric vehicle charging systems for both public and commercial use. The funding round was led by Gulf Oil International,

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WNWN Food Labs raises $5.6 million in Series A funding for cocoa-free chocolate alternative

WNWN Food Labs, a UK-based startup that produces cocoa-free alternative chocolate made from plant-based ingredients, has secured $5.6 million in a Series A funding round led by PeakBridge. Other investors included HackCapital, Investbridge AgriTech, Martin Braun-Gruppe, and PINC. The company’s unique fermentation process converts ingredients such as British barley, legumes, and carob into a chocolate

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Electric Vehicle Startup Arrival Secures $300 Million Equity Financing Line to Slow Cash-Burn Rate and Prepare for U.S. Production

British electric-vehicle startup Arrival received a $300 million equity financing line from Westwood Capital to slow down its cash-burn rate as it prepares for U.S. production of its van in late 2024. The company aims to achieve a quarterly cash-burn rate of $35 million by the second half of 2023 by implementing cost-cutting measures. Arrival

Electric Vehicle Startup Arrival Secures $300 Million Equity Financing Line to Slow Cash-Burn Rate and Prepare for U.S. Production Read More »

Crurated raises $7.2M in private funding for innovative wine platform

Crurated is a UK-based wine platform that raised €6.8 million ($7.2 million) from private investors. Founded in 2021 by Alfonso De Gaetano, a former Google employee, the platform offers different levels of membership and collaborates with top wine producers in France and Italy. The company certifies wine provenance through blockchain technology, with an NFT created

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Sunhero Raises €10M to Scale Residential Solar Energy Business in Spain

Sunhero, a residential solar energy business based in Barcelona, has raised €10m in funding to scale its operations in Spain, which the company claims is one of the fastest-growing solar markets in Europe. The funding round was led by Planet A and Vorwerk Ventures, both based in Berlin, along with Redstone, All Iron Ventures, and

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Phare Labs Secures £300k Investment to Revolutionize Fire Alarms with Advanced Sensors and Machine Learning

London-based startup Phare Labs has received a £300,000 investment from the British Design Fund and angel investors to reinvent the fire alarm. Co-founded by Daniel McBride and Arnau Donate, Phare Labs uses a combination of smoke detection and indoor air quality sensors, claiming to reduce false positives with machine learning and improving fire detection accuracy.

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