Wellhub, the leading global corporate wellness platform which provides employees with the best benefit plans for fitness, mindfulness, therapy, nutrition, and sleep, has acquired Fitprime, a key player in the Italian corporate wellness market, backed since 2019 by Italian Angels for Growth and Club degli Investitori. 

ABU DHABI: Hub71, Abu Dhabi's global tech ecosystem, has unveiled its Angel Investor Support Package, a strategic initiative designed to foster the growth of angel networks and enable angel investors to form legal investment structures within Abu Dhabi's thriving startup ecosystem. The package includes a financial incentive of AED 150,000, unlocking a range of benefits for angel investors to encourage investment in Hub71's early-stage startups.

A Scottish start-up looking to net its share of Europe's £9 billion seaweed market has secured a substantial six-figure investment.  Kaly Group has successfully raised £300,000 in a funding round led by TRICAPITAL Angels, with co-investment from Scottish Enterprise.

The business opened its first seaweed farm on the Isle of Skye earlier this year and will use the cash injection to expand its operations and develop an integrated and sustainable seaweed supply chain along Scotland's west coast.

Seaweed offers clean alternatives to plastics, cosmetics, pharmaceuticals and textiles, and can also be used in food, animal feed and fertilisers. The potential for seaweed farming to revitalise Scotland's marine industries is also significant.

With full-scale processing facilities, the sector could create over 550 jobs across the Scottish supply chain, offsetting the decline of traditional fishing and marine industries.

Groundbreaking new technology capable of generating power without emitting carbon will be developed in Durham, Edinburgh and Aberdeen following a major investment deal.  H2CHP has secured a six-figure cash injection to advance its free-piston engine, which generates heat and power efficiently from multiple clean fuels.

Mulder, a UK-based, female-led, and minority-owned MedTech SaaS startup, has raised £500,000 in its rolling pre-seed round. Led by SFC Capital, a prominent early-stage investor in the UK, the round also received support through an Innovate UK SMART Grant. Mulder is dedicated to transforming traceability and regulatory compliance in the medical device industry.

Implement AI, a fast-growing innovator in managed AI agent solutions, has raised £250,000 initial seed investment from SFC Capital, the UK's leading seed-stage investor. This funding will accelerate Implement AI's mission to help businesses harness the power of AI to drive growth, optimise operations, and enhance workforce productivity.

Dog-welcoming coffee shop business with premises across South Wales and South-West England is set to grow following a £1.7 million investment from the Development Bank of Wales in a deal advised on by Grant Thornton Corporate Finance.

Conwy-based Dragon Fire Doors is scaling-up the maintenance and fitting of commercial fire doors following a £35,000 investment by the Development Bank of Wales.

A new report, launched in Parliament by The Entrepreneurs Network, a think tank, and the Invest in Women Taskforce, an initiative to boost investment in women-led businesses, considers the ways the Government and private sector can act to improve the environment for female angel investors across the UK.

Waken Mouthcare, a next generation oral care brand creating innovative, award-winning mouthcare products, has closed its latest funding on Republic (formerly Seedrs), raising more than £950,500 from 215 investors in 36 days.

A mid-Wales-based start-up which plans to make DNA testing technology as easy to use as a smartphone has been backed with a £350,000 equity investment from the Development Bank of Wales, alongside £185,000 from London-based tech investors SFC Capital.

Synthavo has secured a €4 million seed investment co-led by Samaipata, the pan-European venture capital fund specializing in digital businesses with network effects, and Senovo, who back European B2B software founders with US ambitions. The funding round also included participation from active business angels such as Rainer Hundsdörfer, Tobias Rieke (Market-Pilot) and Oliver Bendig.