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7th February 2020

Wearable tech firm Nurvv raises $9 million from Hiro Capital

NURVV, the biomechanics innovator using British science to disrupt the global wearables industry, has closed its first venture funding round, led by Hiro Capital.

6th February 2020

Protolaunch joins SPRINT to support development of new rocket engine

Westcott-based start-up company, Protolaunch has signed up to the UK SPRINT programme to support the development of an innovative, new rocket engine for low-cost launches of small payloads from UK spaceports. The SPRINT business support programme will provide Protolaunch with funded access to the expertise, research and facilities of the University of Southampton. This will enable the company to develop a proof-of-concept of its engine technology and bring to market a radically lower-cost orbital rocket engine for payloads under 50kg.

5th February 2020

Ed tech firm Kinderly secures £300k from Development Bank of Wales

Newport-based early years education technology specialists Kinderly has secured a £300,000 investment to help give children a great start in life, regardless of their circumstances or need.

5th February 2020

Dixa raises $36 million funding led by Notion Capital

Dixa, the Copenhagen and London-based startup that offers a customer service platform delivering the best customer and agent experiences, has closed $36 million in Series B funding. Leading the round is Notion Capital. 

5th February 2020

Blackfinch leads £1m investment in commercial property maps platform Edozo

Blackfinch has led a funding round of over £1m in Edozo which closed in December 2019. Founded in 2016, the London-based firm’s mission is to make property research and valuation more efficient and accurate. Edozo offers a combined maps and data platform which delivers efficient and accurate solutions for hundreds of commercial property consultancies across the UK, including many of the largest brands in the sector.

5th February 2020

Logistics tech startup Convelio closes €9m funding led by Acton Capital

Convelio, leading digital freight forwarder specialized in fine-art shipping, has raised a €9 million in Series A financing round led by European growth VC investor Acton Capital - bringing the total amount raised since inception to €11 million. Convelio’s existing investor Global Founders Capital participated in this equity financing. The new investment follows a record year in which Convelio grew its global turnover by over 300%.

4th February 2020

Cambridge tops UK tech salary list

A new salary study, exploring C-suite compensation in high-growth tech ventures, has found that the East of England is the highest paid UK region. 

4th February 2020

Rimilia secures $15m funding to fuel continued growth

Rimilia, the leading SaaS-based fintech company, today announced it has secured $15 million in growth funding. This funding round includes participation from existing investors and partners Eight Roads Ventures and Kennet Partners, and Silicon Valley Bank. It brings the total amount raised by Rimilia to $40 million. This new capital will be used to drive continued product innovation, invest in new talent, and fuel the company’s global expansion.

4th February 2020

University of Liverpool spinout secures £300k to develop indoor air pollution technology

A new University of Liverpool spin out company, CageCapture, has secured £300k funding from Innovate UK to take forward technology to remove toxic pollutants from the air.

CageCapture has been formed to commercialise a new cage-based material invented by Dr Ming Liu and Professor Andrew Cooper at the University of Liverpool's Materials Innovation Factory.

3rd February 2020

Symvan Capital invests in secure digital asset custodian Custodiex

Symvan Capital has completed the first tranche of an up to £1 million investment in Custodiex, who have developed and pioneered a digital asset storage solution that is completely resistant to cyber-attacks.

3rd February 2020

30 fastest growing UK tech scaleups selected for Tech Nation growth programme

Tech Nation, the UK network for ambitious tech entrepreneurs, today reveals the 30 companies joining its prestigious Upscale programme for the UK’s most exciting and fastest growing scaleup tech companies.

3rd February 2020

Maven leads £2.1 million seed funding in Oak Intranet

Oak Intranet has raised £2.1 million additional seed funding round led by existing investors Maven Capital Partners. The funding follows a restructure of the company’s leadership team led by the new CEO, Will Murray and the appointment of a new non-executive chairman, Mark Quartermaine which will enable the business to expand adoption across the UK.

Created in 2016 Oak Intranet is aimed at enterprise and medium sized businesses, it organises departments, news, teams, projects and internal communication through its mobile app and SaaS platform.

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