Day: 13 May 2019

EnergyTech

Foresight invests £2.1 million into £2.9 million Series A investment

Synaptec’s innovative technology can reduce downtime and allow easier and cheaper monitoring of the increasingly complex electric power grid The Foresight Williams Technology EIS Fund invested £2 million alongside £100,000 from the newly created Foresight Scottish Growth Fund The funding will be used to scale-up production, grow international sales and exploit future data analytics opportunities […]Read More

Series C

Reg UK raise £2.4 million Series C investment from Disruptive

London-based Reg UK provides a range of data analytics and risk management solutions to insurance and financial services companies globally. Founded in 2013, the regtech startup has just completed a €2.7 million funding round from existing investor Disruptive Capital Finance. 13 May 2019 – REG (UK) Limited (REG) has completed a £2.4m funding round as it continues to […]Read More

FoodTech

Authenticate Information Systems secures £2.3 million Series A funding led

13 May 2019 A Harrogate company whose technology platform is transforming the way food businesses manage their supply chain has secured a new funding round of £2.3m, which includes £1.5 million from the Northern Powerhouse Investment Fund and the remainder from existing shareholders including Summit Alpha . The investment in Authenticate Information Systems was led […]Read More

DefenceTech

Adderstone Group funds OpenWorks to create drone busting weapons

North East based property and investment business, Adderstone Group, has invested a seven-figure sum into OpenWorks Engineering, an award-winning, hi-tech product company which is developing world-leading security and counter-terrorism products. OpenWorks, which operates from premises in Stocksfield, Northumberland, has developed a unique and innovative drone capture system named SkyWall, which is already being used across […]Read More