Angel News
WEB13th September 2024. Solasta Bio raises $14m to accelerate nature inspired crop protection. SOLASTA Bio, a leading agri-biotech company specialising in the next generation of green insecticides, has completed an oversubscribed $14 million Series A funding round to accelerate the development of its unique peptide-based, nature-inspired bioinsecticides - the first of their kind to be developed ...
Angel News
WEBApr 4, 2023 · PlantSea, an emerging biotech start-up from St Asaph is turning the tide on plastic pollution having successfully closed a significant funding round totalling over £800,000. The pre-seed round includes an equity investment of £220,000 from the Development Bank of Wales, alongside Innovate UK Investor Partnerships funding, Sustainable Ventures ...
The Investing in Women Code backs UK female founders
WEB4 hours ago · The Department for Business and Trade has published its annual Investing in Women Code which finds that venture capital fund managers who have signed up to the Code are more likely to invest in female founders. 32% of all venture capital deals made by Investing in Women Code signatories were in female-founded companies last year, compared to the market average of 28%, revealed in the latest ...
We Donate and Bluco win AXA Startup Angel competition
WEB4 hours ago · WeDonate, a reward platform for blood donors to encourage participation and Bluco, a WhatsApp-based app to make job applications easier, took the two £25,000 top prizes in this year's AXA Startup Angel competition. The competition, now in its fourth year, attracted more than 500 entries from across the UK and was judged by a panel including the AXA Startup Angels, all small business experts ...
Morphose completes angel funding for new social platform …
WEBSep 13, 2024 · London-based investment firm Outward VC has reached the first closing of its Fund II at £51 million. The fund has received a cornerstone investment of £30m from the British Business Bank, which is deploying capital through its Enterprise Capital Funds programme, which has a strong track record in backing emerging, UK-based Venture Capital fund managers.
Angel Investment - Angel News
WEBSep 13, 2024 · Development Bank Wales backs £500,000 Investment in Menna.ai. A syndicate of 20 business angels led by lead investor Simon Bell has invested £250,000 in Menna.ai, the first small business finance assistant powered by Gen AI. The equity investment has been match-funded with a further £250,000 from the Development Bank of Wales' Wales Angel Co ...
Angel News
WEBYurtle raises £1.37m to eradicate workplace caregiver burnout. Yurtle, a London-based insurtech helping workplaces combat caregiver burnout, has closed a seed funding round of £1.37m co-led by Insurtech Gateway and Mustard Seed Maze, to grow its team and roll out the world’s first digital care ally. Yurtle envisages a world where everyone ...
Angel News
WEBInvestment into tech firms in Northern Ireland has reached its highest level ever in 2023 at £143.2 million, according to the latest data from Catalyst. Research for Catalyst’s annual NI Deal Tracker report has revealed that £143m was invested across 72 deals, with an average investment of £1.99m. This compared to a total of £139m in 2022 ...
Perspectives - angelnews.co.uk
WEBAug 9, 2024 · Government R&D spending is vital to rectify stagnation. New data released by the ONS has revealed, indicatively, that the total spend on research and development (R&D) across the UK reduced from 2.81% of GDP in 2021 to 2.77% of GDP in 2022. The level of investment dropped by 0.11%, an £80 million reduction in …
New angel investment platform aims to close gender gap
WEBJun 23, 2023 · A new fintech platform is shaking-up angel investing in the UK by aiming to address the current gender gap. The Obu Angel Investment Platform launched this week, connecting eligible angels with female-founded businesses. Women make up just 14% of angel investors in the UK, an issue which has been identified as having a direct impact on the limited investments placed in businesses founded by women.
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