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8th July 2019

Maven invests in the innovative kitchen and bathroom design platform DigitalBridge

Maven Capital Partners has led a £3 million funding round in Manchester-based DigitalBridge, a Guided Design platform for kitchen and bathroom retailers. Today’s transaction comprises a £1.5 million package from Maven’s Venture Capital Trusts (VCTs) and £1.5 million from the NPIF Maven Equity Finance, a regional development fund managed by Maven which forms part of the Northern Powerhouse Investment Fund. The funding will support the roll-out of DigitalBridge’s platform and the creation of 15 new jobs. It will also enable the company to create additional products and penetrate new markets, particularly the US.  DigitalBridge has been working with Kingfisher Plc (owners of B&Q and Castorama) since 2017. 

4th July 2019

Student engagement platform GeckoLabs secures £1.8m

GeckoLabs, a company whose software platform helps universities to engage and recruit students, has secured £1.8m investment from Mercia Fund Managers, the Scottish Investment Bank’s Co-Investment Fund and existing angel investors.

4th July 2019

AlbionVC leads £2.6m Series A investment in Clear Review

AlbionVC has led a £2.6m Series A investment round in Clear Review, the UK HR technology scale-up. AlbionVC invested £1.85m with existing shareholders Mercia Technologies and angel investors also supporting the round.

Clear Review is a cloud-based performance management platform that promotes frequent employee feedback and continuous employee-manager conversations. It has experienced rapid growth since launching in 2016, increasing revenue and headcount by 100% and attracting more than 200 customers with its simple, yet engaging user interface. 

2nd July 2019

Space tech and innovation boosted as Harwell Space Cluster expands

The Harwell Space Cluster has added 14 new companies to its impressive roster, now comprised of 92 organisations including the UK and European Space Agencies, STFC RAL Space and The Satellite Applications Catapult. Collectively employing over 1,040 people, Europe’s most concentrated Space cluster is comprised of commercial, public and academic organisations focused on driving innovation in the UK Space market.

2nd July 2019

Pi Labs leads seed round in environmental management platform Qualis Flow

Qualis Flow, the environmental management platform that tracks, monitors, and predicts project environmental risk, has raised £725,000 in seed funding. This round of investment is being led by Pi Labs, the proptech VC specialist, alongside Entrepreneur First, MMC Ventures and Rising Tide Europe. 

28th June 2019

UltraSoC secures £5m investment from new and existing investors

UltraSoC plans to substantially grow its worldwide operations to address emerging opportunities in the cybersecurity, high-reliability and safety-critical systems markets. This latest expansion follows the successful closing of a £5m equity funding round, in which cybersecurity-focused venture capital firm eCAPITAL, and Seraphim Capital, a specialist investor in the space ecosystem, joined existing UltraSoC investors Indaco Venture Partners, Octopus Ventures, Oxford Capital, Techgate, and business angel Guillaume d’Eyssautier.

28th June 2019

Pharrowtech closes €6M+ Seed investment round

Pharrowtech, the designer of chip and antenna solutions for high-speed wireless applications, has raised more than €6 million for its Seed investment round. This ambitious investment round led by imec.xpand and Bloc Ventures with participation from imec and KBC, will allow Pharrowtech to further enhance the leading-edge capabilities of its products and prepare for high-volume production rampup aimed at Fixed Wireless Access, 5G, AR/VR and other bandwidth demanding wireless applications.  

26th June 2019

Thames Technology secures £3.9 million funding from Independent Growth Finance

Thames Technology capitalises on fintech market with £3.9 million funding from Independent Growth Finance to support company transformation spearhead innovation.

25th June 2019

Symetrica secures £3m in growth funding to support further expansion in the US

Symetrica, the global leader in radiation detection and identification, has secured a further £3m of growth funding from existing investors to support its continued global expansion - bringing the total amount raised to £10m. The round was co-led by Parkwalk, the UK’s most active investor in university spin-outs, and Nesta and included follow on investments from Albion Investments, Technology Venture Partners and Tennants Ventures. 

 

21st June 2019

London-based start-up Augnet selected for European Innovation Council funding

Augnet, a London-based technology start-up set to revolutionise the SMS and messaging space, has announced it has been selected to receive much sought after funding from the European Innovation Council.

21st June 2019

Beauhurst Tech Report: a Snapshot of UK SaaS

Read Beauhurst's SaaS Brief which gives an overview of Software-as-a-Service companies in the UK, who the top companies are and the latest funding trends.

20th June 2019

London-based insurtech Zego raises $42million to fund European expansion

London-based insurtech firm Zego has raised $42million in one of the largest funding rounds for a European insurtech start-up. 

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