A new wave of hope is washing over the oncology field with Myricx Bio’s impressive £90 million ($114 million) Series A funding. This UK biotech company, unlike its peers, isn’t taking an incremental step forward. Instead, they’re wielding a whole new weapon in the fight against cancer: N-Myristoyltransferase inhibitor (NMTi) antibody-drug conjugates (ADCs). The significance…
Gendo, a pioneering generative AI platform tailored for architects, has secured $1.1 million in funding and unveiled its innovative technology to the world. Founded by architectural designer George Proud and software engineer Will Jones, Gendo emerges from stealth mode with a mission to transform architectural design processes through AI-driven visualizations. Traditional methods of creating architectural…
OpenFi, a pioneering London-based conversational AI platform specializing in lead generation and customer nurture, has successfully closed a pre-seed funding round totaling €585k. The investment, spearheaded by Bijan Morvaridi and supported by Fortune Green Capital Ltd and Foundation Ventures Ltd, marks a significant milestone for the company as it accelerates plans for product enhancement and…
In a significant move set to redefine institutional trading in digital assets, Crossover Markets has announced the successful closure of its Series A funding round, securing $12 million. The round was led by Illuminate Financial and DRW Venture Capital, underscoring growing investor confidence in Crossover’s pivotal role in the evolving financial landscape. Crossover Markets, renowned…
London-based healthtech startup Cryogenx has successfully raised £800,000 in funding to advance its groundbreaking portable body cooling device, CGX1. This investment round includes a significant contribution of £150,000 from the British Design Fund, alongside support from existing shareholders, angel investors, and a US-based fund. Founded by Matt Anderson, Cryogenx aims to address the critical need…
CarCloud, a pioneering UK startup dedicated to transforming car finance management, has successfully concluded its Seedrs investment round with an impressive £425,000 raised, surpassing its initial target of £325,000. This achievement has elevated the company’s post-money valuation to £6.82 million, following meticulous due diligence overseen by Seedrs. CarCloud addresses a pressing financial concern among UK…
In a groundbreaking collaboration set to redefine the landscape of legaltech, UK-based startup Orbital Witness has partnered with First Title Insurance, a subsidiary of First American Financial Corporation, to introduce AI Reliance—a pioneering insurance-backed guarantee for accuracy in AI-driven legal products. This unprecedented initiative marks a significant milestone in the professional services industry, particularly in…
Char.gy, a leader in UK electric vehicle (EV) infrastructure, secures €118.2 million investment to accelerate nationwide expansion of its on-street charging network. The funding, from the Charging Infrastructure Investment Fund (CIIF) managed by Zouk Capital, aims to meet the growing demand for accessible EV charging solutions, particularly for households without off-street parking. Founded in 2016,…
SAVA, a pioneering startup at the intersection of health technology and innovation, emerges from five years of stealth to announce a significant milestone: securing over €7.4 million in a Seed funding round led by Balderton Capital and Exor Ventures. Founded by Renato Circi and Rafael Michali, bioengineers hailing from Imperial College London, SAVA introduces a…
Cambridge-based Wave Photonics has achieved a significant milestone in its journey to revolutionize deeptech with a £4.5M (€5.32M) seed funding round. Spearheaded by UK Innovation & Science Seed Fund and Cambridge Enterprise Ventures, this funding will drive the development of cutting-edge on-chip photonics designs aimed at quantum technologies, sensors, and data centers. Dr. Christine Martin,…
