Category: Get Funded

Tagomics Secures £6.7 Million to Enhance Disease Diagnosis Technology

Tagomics, a trailblazing developer of a state-of-the-art platform for comprehensive disease insight and diagnosis, has announced a successful £6.7 million funding round. This milestone comes on the heels of a £1.6 million pre-seed round led by IQ Capital and Start Codon, supplemented by grant funding from Innovate UK. The infusion of capital will expedite Tagomics’ scientific research and product development endeavors, aimed at advancing the…

£3.7M awarded to advance UK smart factory projects

The Made Smarter Innovation Challenge, part of UKRI’s Made Smarter Innovation (MSI) Challenge, has awarded significant grants totalling £3.7 million to advance smart factory projects in the UK. These grants, ranging from £107,000 to £535,000, have been allocated to 11 late-stage robotics and automation projects aimed at enhancing energy efficiency, productivity, and growth across manufacturing industries. Delivered by Innovate UK, the Engineering and Physical Sciences…

Spacegoods Raises £2.5M to Become Europe’s Leading Functional Mushroom Brand

Spacegoods, a next-generation wellness brand specialising in functional mushrooms and nootropics, has raised a £2.5M seed round. The investment was led by FoodTech specialist venture capital firm Five Seasons Ventures, with participation from Redrice Ventures,  Slingshot Ventures, and G-FUND. The investment will enable Spacegoods to solidify its position as the leading mushroom-based wellness brand in Europe through market expansion, team growth, and the development of…

Big Fang Collective secures £5.5M funding for further UK expansion 

Big Fang Collective (BFC),the experiential leisure operator has obtained £5.5million in growth capital to support plans for further expansion across the UK. Founded in 2016 by Kip Piper and Dan Bolger, the business has grown from its original Ghetto Golf experience in Cains Brewery, Liverpool to become a multi-venue business with six indoor sites across the UK, currently employing more than 260 people. Each of…

Labour considers watering down plans for private equity tax raid

Labour appears to be considering a potential dilution of its plans for a tax overhaul targeting private equity, amid concerns that it might deter prospective investors. Insiders within the party have reportedly discussed the option of scaling back the proposed income tax rate of 45p on deal profits generated by private equity leaders, according to the Financial Times. Despite worries about the impact on investments,…

Rightmove is at home with £8m deal for reviews platform HomeViews

Rightmove has acquired a platform that displays reviews of property developments by residents for £8m. HomeViews Platform has been snapped up by the London-listed property portal while its chief executive, Rory Cramer, will continue in his role. The London-based company refers to itself as the UK’s biggest community of verified resident reviews of property developments and has a particular focus on the build to rent…

Branson backed VC firm raises £250M to back technology start-ups

A venture capital firm backed by Sir Richard Branson has raised $250 million to invest in technology businesses in Britain, the United States and the Nordic region. The fund will base its global headquarters in London and has brought in Lord Browne of Madingley, the former BP chief executive, David Miliband, the former foreign secretary, and Linda Avey, the founder of 23andMe, the data company,…

YouLend secures deal with J.P. Morgan to extend £4 billion in additional financing to SMEs

YouLend has announced the completion of a private securitisation transaction with global financial services firm J.P. Morgan as a senior lender and Castlelake, L.P. providing subordinate debt. The deal will enable YouLend to extend £4 billion in additional revenue-based financing to SMEs. This will be accessible via partnered global e-commerce sites, tech companies, and payment service providers, such as Amazon, Dojo, eBay, and Just Eat…

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