Weekly Soak 🧼 02 Dec 2024

Vinter raises £1.1m seed round led by ALCORA B.V. to transform recruitment with AI-powered platform
⚙️ Recruitment
📈 Seed
🤝 ALCORA B.V.
🔗 Vinter

Bleap raises £1.8m pre-seed led by Ethereal Ventures to build a bank account on the blockchain
⚙️ Cryptocurrency
📈 Pre-seed
🤝 Ethereal Ventures; Maven11; Alliance DAO; Robot Ventures
🔗 Bleap

Barton Blakeley raises £2.4m led by Elbow Beach Capital to turn CO2 emissions into clean energy and synthetic silica
⚙️ Climate
📈 Seed
🤝 Elbow Beach Capital
🔗 Barton Blakeley

OpenTrade raises £3.2m seed extension to expand real-world asset-backed stablecoin yield products
⚙️ Cryptocurrency
📈 Seed
🤝 AlbionVC; a16z Crypto; CMCC Global
🔗 OpenTrade

IQ Capital and Plural lead £3.6m funding for Molyon to develop next-gen lithium-sulfur batteries with double the energy density
⚙️ Batteries
📈 Funding
🤝 IQ Capital; Plural
🔗 Molyon

Magic AI raises £4m seed round led by IW Capital to scale its award-winning AI-powered fitness mirror
⚙️ Fitness
📈 Seed
🤝 IW Capital; Baleen Capital; SFC Capital; Ventures Together
🔗 Magic AI

Exciting Instruments raises £4m seed led by Northern Gritstone to revolutionise single-molecule detection for drug discovery
⚙️ Life sciences
📈 Seed
🤝 Northern Gritstone; Empirical Ventures; Praetura Ventures
🔗 Exciting Instruments

Watercycle closes £4.4m Series A led by Par Equity to unlock the UK’s critical minerals supply chain
⚙️ Batteries
📈 Series A
🤝 Par Equity; GMCA; Aer Ventures; University of Manchester
🔗 Watercycle

BGF leads £4.6m follow-on round in Gateshead-based Recite Me, a website accessibility software provider
⚙️ Accessibility
📈 Funding
🤝 BGF
🔗 Recite Me

UK digital diagnostics startup PocDoc secures £5m in funding led by MMC, Molten and Simplyhealth Ventures
⚙️ Health
📈 Funding
🤝 MMC Ventures; Molten VC; Simplyhealth Ventures; KHP Ventures
🔗 PocDoc

Fresho secures £9m Series B to transform fresh food wholesale with AI-powered ordering platform
⚙️ Supply chain
📈 Series B
🤝 Geoff Tarrant
🔗 Fresho

Tembo raises £14m Series B led by Goodwater Capital to help more first-time buyers save for and buy their home
⚙️ Fintech
📈 Series B
🤝 Goodwater Capital; Aviva; Ascension Ventures; Love Ventures; McPike family office
🔗 Tembo

SatVu secures £20m cash injection to expand high-resolution thermal imaging for global climate action
⚙️ Climate
📈 Funding
🤝 Adara Ventures; Molten Ventures; NOA; Lockheed Martin; Seraphim; Ridgeline; Stellar Ventures
🔗 SatVu

Laennec AI raises pre-seed to revolutionise healthcare with AI-powered medical devices for home use
⚙️ Medical
📈 Pre-seed
🤝 SFC Capital; OVC Ventures; Welsh Government; Innovate UK; National Institute for Health Research
🔗 Laennec AI