London-based 7879, a modern-day jewellery house, has raised £5.5 million in seed funding to “transform the industry.” The startup enables customers to buy pure precious metals at prices that reflect their underlying cost and enjoy wearing the items while generating potential yields on the metal value. The company allows customers to track the precious metals […]
Imperial startup TOffeeAM has secured £5 million in international venture capital investment to further support its AI-driven approach to designing greener engines and machines. The Series A investment round was led by Presidio Ventures and East Innovate, with participation from IQ Capital, Exor Seed, Type One Ventures, Excellis, and angel investors. Founded in 2019 by
Sidekick, a UK-based wealth management startup, has secured £3.3m in pre-seed funding led by Octopus Ventures ahead of its launch in 2023. The funding will be used to build out the app-based product, expand the in-house asset management team, and secure regulatory permissions and registrations. Co-founders Matthew Ford and Peter Townsend previously founded mobile banking
Healthtech startup Daye is empowering women by providing better ways to understand, monitor and improve their menstrual, hormonal and reproductive health. The company has a vision of raising the standard of gynaecological health by making it easier for women and assigned female at birth (AFAB) individuals to take care of their health. Daye aims to
Manchester-based digital contracting software business Summize has secured £5m in Series A investment from YFM Equity Partners and Maven Capital to build their presence in the US. Founded in 2018, Summize uses AI to make legal contracts easier to understand and has more than 100 businesses worldwide on its platform, including Fujifilm, Everton FC, NCC
UK-based spaceflight startup, Orbex, has closed a £40.4 million ($46.1 million) Series C funding round to support its final push to conduct its first orbital rocket launch as early as next year. Orbex has developed a two-stage microlauncher called Prime, which uses renewable bio-propane fuel and has a payload capacity of 180 kilograms to low
Orbex Raises $46.1M in Series C Funding to Launch UK’s First Vertical Rocket! Read More »
London-based startup Zeus has secured £1.8m in funding from angel investors to expand its freight management software business across Europe. Zeus’ software platform provides fleet management tools, access to large goods vehicles, and the ability to offset carbon emissions during deliveries. The startup currently manages over 660,000 tonnes of cargo worth approximately £6bn annually and
Payable, a fintech startup based in London, has raised a €6 million seed round to modernize payment operations and automate business bank transfers for the internet economy. Co-founders Daniel Yubi and Raz Musca built Payable after experiencing the inefficiencies and stresses of payment operations firsthand while working at Checkout. The startup provides an API and
UK-based healthtech startup Apricity has raised €17 million in a Series B round led by Swiss healthtech investor MTIP, with participation from Barcelona-based specialist consumer fund Iris Ventures. Apricity is aiming to become Europe’s leading fertility player with its virtual fertility clinic solution that combines personal, patient-centric fertility care with cutting-edge tech, including AI algorithms
Apricity raises €17m in Series B round to expand virtual fertility clinic Read More »
U.K. startup Oxwash has secured £10 million ($12 million) in Series A funding to expand its sustainable laundry service nationwide and potentially launch in the U.S. The company uses biodegradable detergents and ozone as a disinfectant to reduce water consumption and lower temperatures. Oxwash operates out of several hubs, using cargo e-bikes and electric vehicles
Breaking Records XYZ Startup Raises 50 Million in Series B Funding Round Read More »
