Day: 17 April 2019

FinTech

Credit Kudos raises £2.2 million Series A investment led by

Credit Kudos, challenger credit bureau and leader in commercial applications of Open Banking, announced today they have raised £2.2m in their latest round of funding. Funding is led by Ascension Ventures, through its social impact fund Fair by Design, with additional investment from existing investors NFT Ventures and Entrepreneur First’s Next Stage Fund. New backers […]Read More

Series A

Sustainable Marine Energy closes £3.46 million Series A investment led

Tidal energy company Sustainable Marine Energy Limited (SME) has secured equity investment totalling £3.46 million to further develop its PLAT-I tidal energy platform system. The Edinburgh-based business has closed its latest funding round, to which the Scottish Investment Bank (SIB) has committed £1m on behalf of the Scottish Government via the latter’s Energy Investment Fund […]Read More

Series B

Cytora secures £25 million Series B investment led by EQT

Portfolio company Cytora, that has developed an AI-powered solution for commercial insurance underwriting, has raised £25 million in a Series B round. New investorEQT Ventures led the round with Parkwalk, Cambridge Innovation Capital and a number of others investors participating. A spin-out of the University of Cambridge, Cytora  was founded in 2014 and launched its first product in late […]Read More