Month: February 2021

MedTech

GyroGear secures £3.08 million Seed investment led by Foxconn Technology

Medtech Startup GyroGear raises US$4.3m in Phase One of Seed Round led by Taiwan Manufacturing Giant Foxconn  25th February 2021 – UK-based neuromuscular medical device company, GyroGear Ltd has just concluded phase one of its seed round fundraise. This round was led by Foxconn  Technology Group, the world’s largest and foremost electronics manufacturer. Foxconn has  invested […]Read More

Series B

StorageOS secures £7 million Series B investment led by Downing

London UK, February 23, 2021 – StorageOS, a leader in cloud native storage management, has today announced a $10 million Series B funding round to build on growth, which has seen more than 4,000 customers globally implement its software-defined storage solution. Led by Downing Ventures, existing investors Bain Capital Ventures, Uncorrelated Ventures and MMC Ventures also participated in the round alongside new investor, Chestnut Street […]Read More

East of England

Nyobolt secures £7.5 million Series A investment led by IQ

$10m Series A fundraise for state-of-the-art battery company Nyobolt  Years of research leads to the commercialisation of pioneering battery technology which delivers high power and ultra-fast charging Cambridge, 25th February: Nyobolt, a cutting-edge battery company, defining a new category of ultra-high power technology, has secured $10 million in Series A funding, led by IQ Capital […]Read More

Greater London

Xentric (t/a Alloxentric) secures £200k Seed investment led by RLC

Alloxentric secures seed investment of $275,000 to scale operations & maximise growth in Latin America With the capital provided by the London-based investment fund RLC Ventures, Alloxentric will establish its operations in Mexico and hopes to lay the foundations for further local and global expansion.  London, February 25, 2021, London-based investment fund RLC Ventures led […]Read More

North East

Newcells Biotech secures £5.25 million Seed Follow On investment from

Newcells Biotech secures over £5m for 3D tissue models Newcastle-based human stem cell model specialists, Newcells Biotech, have secured a total of £5.25m worth of funding to accelerate their growth plans in the international life sciences market.  The funding comes from two existing backers. Mercia has invested from its Northern Venture Capital Trust (VCT) and Enterprise […]Read More

B2C

Linear Diagnostics secures £800k Seed investment from Midven

University of Birmingham spin-out secures £800k for point of care diagnostics platform The second round of funding will enable the company to commence the development of the hardware platform for its tests. Birmingham-based Linear Diagnostics Ltd has secured £800,000 from the Midlands Engine Investment Fund (MEIF) and other investors in the company’s second round of funding. The finance will […]Read More

Greater London

Supernotes Education secures £150k Pre-Seed investment led by Flamefinch Partners

Supernotes, an exciting new London-based productivity startup raises £150k Supernotes, the new social note-taking and knowledge sharing platform has raised £150k in a pre-seed funding round led by Flamefinch Partners. The funding will go towards growing the core community of users and accelerating their fast pace of development. Founded in 2018 in London by two […]Read More