Weekly Soak 🧼 25 Nov 2024

The definitive round-up of venture capital fundraising news | πŸ‡¬πŸ‡§ edition

Welcome to Weekly Soak by Soapbox - the newsletter that covers every funding round announced in the last 7 days.

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Soapbox helps founders and companies - whatever stage, sector or surrounding hype - publish a golden source of their fundraise online in a simple and digestible format for onward sharing.

And allows the rest of us - whether we’re future investors, hires or even clients - to catch-up on the latest venture stories in a simple feed (and newsletter) without the usual clickbait or paywall.

On to last week’s Β£430m worth of funding rounds split by deal size.

<Β£0.5m

£0.5 ➑️ 1m

£1 ➑️ 2m

Dote secures Β£1m seed funding to launch AI-driven parenting ecosystem
βš™οΈ Family
πŸ“ˆ Seed
🀝 Various angels
πŸ”— Dote

MannyAI raises Β£1.3m pre-seed led by Dreamcraft Ventures to transform fashion supply chains with AI-driven production hubs
βš™οΈ Supply chain
πŸ“ˆ Pre-seed
🀝 Dreamcraft Ventures; Alante Capital; Plug and Play EMEA; Carbon13; Ventures Together; PDS Ventures
πŸ”— MannyAI

Virtue Drinks secures Β£2m from BrewDog founder James Watt and England football star Eberechi Eze
βš™οΈ Food & beverage
πŸ“ˆ Angel round
🀝 Eberechi Eze; James Watt
πŸ”— Virtue Drinks

£2 ➑️ 5m

Heal Capital leads Β£2.2m seed round into Heim Health to power at-home healthcare with advanced workforce optimisation
βš™οΈ Health
πŸ“ˆ Seed
🀝 Heal Capital; Form Ventures; Portfolio Ventures; Houghton Street Ventures
πŸ”— Heim Health

Qminder secures Β£2.5m seed funding led by Practica Capital to revolutionise service flow management
βš™οΈ Facilities
πŸ“ˆ Seed
🀝 Practica Capital; Metaplanet; BADideas; Various angels
πŸ”— Qminder

Tewke closes Β£2.6m seed round to support the launch of their flagship home energy control product
βš™οΈ Sustainability
πŸ“ˆ Seed
🀝 Undisclosed
πŸ”— Tewke

Popp AI raises Β£3.6m seed led by Emerge and SuperSeed to bring conversational AI to enterprise recruitment
βš™οΈ Recruitment
πŸ“ˆ Seed
🀝 Emerge; SuperSeed Ventures
πŸ”— Popp AI

X-ray technology innovator Silveray lands Β£4m seed led by Northern Gritstone to launch its first product next year
βš™οΈ Semiconductor
πŸ“ˆ Seed
🀝 Northern Gritstone; ACF Investors; Empirical Ventures; Deeptech Labs; Hamamatsu Ventures
πŸ”— Silveray

Cytomos secures Β£5m led by Archangels to scale up production of cell-analysis technology
βš™οΈ Biotechnology
πŸ“ˆ Funding
🀝 Archangels; Old College Capital; Scottish Enterprise; British Business Bank
πŸ”— Cytomos

£5 ➑️ 10m

Little Journey raises Β£6m Series A led by Par Equity to redefine the way the world delivers paediatric care
βš™οΈ Health
πŸ“ˆ Series A
🀝 Par Equity; Mercia Ventures; Octopus Ventures; Calm/Storm Ventures
πŸ”— Little Journey

Konsileo raises Β£8m to expand UK operations with tech-driven commercial broking model
βš™οΈ Insurance
πŸ“ˆ Growth
🀝 Committed Capital; ACF Investors
πŸ”— Konsileo

Echion Technologies raises a further Β£10m from Barclays and BGF to accelerate commercial growth
βš™οΈ Batteries
πŸ“ˆ Growth
🀝 Barclays Sustainable Impact Capital; BGF
πŸ”— Echion Technologies

£10 ➑️ 20m

Retail payments platform Kody raises Β£16m Series A to grow its global team and product offering
βš™οΈ Payments
πŸ“ˆ Series A
🀝 Undisclosed
πŸ”— Kody

£20 ➑️ 50m

Nivoda raises Β£40m led by Northzone to transform the global diamond supply chain
βš™οΈ Supply chain
πŸ“ˆ Series B
🀝 Northzone; Avenir; Headline; Abstract Ventures; Canaan Partners
πŸ”— Nivoda

>Β£100m

KKR leads Β£300m Series C for Lighthouse to accelerate AI-driven growth in the hospitality tech market
βš™οΈ Hospitality
πŸ“ˆ Series C
🀝 KKR; Spectrum Equity; F-Prime Capital; Eight Roads Ventures; Highgate Technology Ventures
πŸ”— Lighthouse

πŸ”’ Undisclosed

Interactive education platform Amazy.uk welcomes JuneX Capital Partners to its ongoing pre-seed round
βš™οΈ Education
πŸ“ˆ Pre-seed
🀝 JuneX Capital Partners
πŸ”— Amazy.uk

Safe Workplace secures South West Investment Fund equity investment via FSE Group
βš™οΈ Human resources
πŸ“ˆ Seed
🀝 FSE Group; Fuel Ventures
πŸ”— Safe Workplace

😲 Have we missed a round? Get in touch at [email protected]

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