Weekly Soak 🧼 18 Nov 2024

Workplace wellbeing platform MindClass raises pre-seed funding round from SFC Capital
⚙️ Health
📈 Pre-seed
🤝 SFC Capital
🔗 MindClass

Stocks and options trading app Investa raises £700k in their first crowdfunding campaign
⚙️ Wealth
📈 Crowdfunding
🤝 Various angels
🔗 Investa

Imperial spinout MintNeuro raises £1m to advance neural implants with semiconductor technology
⚙️ Medical
📈 Seed
🤝 Empirical Ventures; Imperial College Enterprise Fund; MedTech SuperConnector
🔗 MintNeuro

Run coaching app Coopah raises £1.5m seed from Redrice Ventures and Active Partners to bring the medicine of running to the masses
⚙️ Fitness
📈 Seed
🤝 Redrice Ventures; Active Partners; London Marathon Events; Amrock Ventures; Various angels
🔗 Coopah

Early Revolut investors back Workflow with £2m pre-seed to build AI-driven creative collaboration platform
⚙️ Design
📈 Pre-seed
🤝 8VC; Various angels
🔗 Workflow

Paloma Health raises £2m led by Triple Point Ventures to tackle NHS waiting lists for autism assessments
⚙️ Health
📈 Pre-seed
🤝 Triple Point Ventures; Heal Capital; Various angels
🔗 Paloma Health

IT procurement fintech Ooodles raises £2m in further funding as it expands to the Irish market
⚙️ Fintech
📈 Funding
🤝 Åltitude VC; Traditum
🔗 Ooodles

Salesfire raises £3m in further funding from Mercia to help e-commerce stores boost sales
⚙️ Ecommerce
📈 Funding
🤝 Mercia Ventures
🔗 Salesfire

Architectural visualisation platform Gendo raises £4.3m seed round lead by PT1 and LEA Partners
⚙️ Design
📈 Seed
🤝 PT1; LEA Partners; Concept Ventures; Helm Capital
🔗 Gendo

Naturbeads lands £8m Series A led by EOS to tackle microplastic pollution with sustainable cellulose microspheres
⚙️ Sustainability
📈 Series A
🤝 EOS Advisory; Progress Tech Transfer; CDP Venture Capital; PI-NB; Paragon Ventures
🔗 Naturbeads

Foodservice marketing agency Omne completes management buyout with £8.7m investment from YFM
⚙️ Agency
📈 Buyout
🤝 YFM Equity Partners
🔗 Omne

Cogna raises £12m Series A led by Notion to revolutionise enterprise software with AI
⚙️ ERP
📈 Series A
🤝 Notion Capital; Hoxton Ventures; Chalfen Ventures
🔗 Cogna

Apollo and Motive lead £16m Series A for Vega to scale AltOS, a client service platform for alternative asset managers
⚙️ Wealth
📈 Series A
🤝 Apollo; Motive; Picus Capital; Citi Ventures
🔗 Vega

Expert insights platform Arbolus closes £16m Series B to fund US growth
⚙️ Expert networks
📈 Series B
🤝 Kayne Anderson Partners; Composition Capital
🔗 Arbolus

Bain Capital Ventures leads £18m Series A in Northflank revolutionising app and database deployments
⚙️ DevOps
📈 Series A
🤝 Bain Capital Ventures; Vertex Ventures; Kindred Ventures; Tapestry VC; Pebblebed; Uncorrelated Ventures
🔗 Northflank

Robin AI, leader in legal AI for business, confirms £20m further funding from customers and investors including Paypal Ventures
⚙️ Legal
📈 Funding
🤝 Paypal Ventures; Cambridge University
🔗 Robin AI

Index and Accel lead £100m Series A for Tessl to reshape how software is built and maintained
⚙️ Software infrastructure
📈 Series A
🤝 Index; Accel; boldstart; GV; Picus Capital
🔗 Tessl

Citi and Waterfall Asset Management lead £200m debt funding for Iwoca to expand its SME loan offering
⚙️ Fintech
📈 Debt financing
🤝 Citi; Waterfall Asset Management
🔗 Iwoca

STG Allegro invests in TaxCalc to drive product innovation in tax compliance and practice management software
⚙️ Finance
📈 Growth
🤝 STG Allegro
🔗 TaxCalc