Singapore-based lithium-ion battery recycling company Green Li-ion has raised US$20.5 million in pre-Series B funding from a group of investors, including decarbonisation VC firm TRIREC, Banpu NEXT, and Equinor Ventures. The funding will help the company scale its manufacturing to deliver 50 Green Li-ion modular units per year, which will be used to recycle and […]
Swansea-based biotech startup, CanSense, has raised £1.5m in funding from investment firm Mercia, the Development Bank of Wales, and liquid biopsy company Nonacus. The startup, a spinout from Swansea University, has developed a blood test that uses laser light and AI to detect bowel cancer, which is less invasive than current methods and could help
Southampton University spin-out, ViridiCO2, has raised €3.3 million (£3 million) in seed funding led by EQT Ventures for its technology that turns waste carbon dioxide into high-value chemical products. The chemicals industry, worth $5 trillion, is a significant polluter and currently relies on fossil fuel-based petrochemicals. ViridiCO2 aims to help the industry decarbonise and achieve
Abound, a UK-based AI banking startup, has secured £500m in new funding from investors to expand its customer base, invest in technology, and finance loans. The company uses real-time data from customers’ bank accounts to manage incomings and outgoings to create credit scores for near-prime customers who may be rejected by traditional lenders due to
Bitwise Industries, a tech service provider that invests in tech real estate, runs apprentice programs for marginalized communities, and sells managed tech services, has raised $80 million in a funding round led by existing investors Kapor Center and Motley Fool, bringing its total funding to $180 million. The latest investment valued the tech hub creator
Bitwise Industries Raises $80M in Funding Round Led by Kapor Center and Motley Fool Read More »
Skin + Me is a UK-based startup that provides personalized, prescription-based skincare solutions to address the problem of finding affordable, quality skincare products. Recently, the company secured £10M in Series B funding led by Octopus Ventures. Skin + Me aims to revolutionize the skincare industry by making medical-grade advice more accessible and boosting skin confidence
London-based startup Colossyan has raised $5m in a Series A funding round. The company uses generative AI to create training videos for businesses, replacing human presenters with computer-generated presenters. Colossyan has notable clients such as BMW, HP, and Procter & Gamble. The funds from the recent funding round will be used to enhance the product’s
London-based insurtech startup, Flock, has raised £31.5m ($38m) in a Series B capital funding round led by Octopus Ventures and CommerzVentures. Flock provides real-time data to offer insurance to commercial motor fleets and uses telematics devices in vehicles to monitor driving behaviour, similar to its rival Zego. The company aims to reduce the number of
Flock’s telematics-based insurance raises £31.5m in Series B funding Read More »
ZIPZERO, a UK-based consumer app that allows users to monetize their shopping data, has raised more than £1m in seed funding from a pool of angel investors, including Craig Dewar, founder of Global Processing Services. The app has over 100,000 users in the UK and intends to use the funding to expand its platform, secure
Carmoola, a British-Ukrainian car financing startup, has raised £103.5 million through a series A funding round and a new debt facility. The company secured £8.5 million from fintech investment fund QED Investors in its series A funding and a debt facility of up to £95 million from NatWest. Carmoola will use the funds to scale
