Weekly Soak 🧼 23 Dec 2024

University spin-out TTPi secures £340k to commercialise lightweight power electronics for electric vehicles
⚙️ Electric vehicle
📈 Funding
🤝 University of Nottingham; Angels
🔗 TTPi

Wilder Sensing secures £700,000 to propel growth and innovation in biodiversity monitoring
⚙️ Environment
📈 Funding
🤝 The FSE Group; Oxford Innovation Finance; Cambridge Angels
🔗 Wilder Sensing

Waken Mouthcare raises £950k via a crowdfund campaign to scale sustainable oral care products
⚙️ Consumer goods
📈 Crowdfunding
🤝 Angels
🔗 Waken Mouthcare

Stora raises £1.3m from Investment Fund for Northern Ireland to expand self-storage management software internationally
⚙️ Logistics
📈 Funding
🤝 Investment Fund for Northern Ireland
🔗 Stora

Refute raises £2.3m pre-seed led by Playfair and Episode 1 to tackle the growing threat of disinformation campaigns
⚙️ Risk management
📈 Pre-seed
🤝 Playfair; Episode 1; Notion; Amadeus Capital Partners
🔗 Refute

Concinnity Genetics raises £3m seed round led by Eos Advisory to establish RNA-based gene therapy control systems
⚙️ Biotechnology
📈 Seed
🤝 Eos Advisory; Scottish Enterprise; Old College Capital; Maven Capital Partners
🔗 Concinnity Genetics

Loadar raises £3m seed round led by Frontline Ventures to transform freight procurement and management
⚙️ Logistics
📈 Seed
🤝 Frontline Ventures; Techstart Ventures
🔗 Loadar

TG0 raises £4.5m Series B led by NetmindAI to scale AI-powered human-machine interfaces
⚙️ Hardware
📈 Series B
🤝 Netmind
🔗 TG0

Bikmo powers ahead with £5m further funding from Puma Growth Partners announcing new leadership and partnership wins
⚙️ Insurance
📈 Follow-on
🤝 Puma Growth Partners
🔗 Bikmo

Volume raises £5m to drive payment fees to zero and challenge dominance of Paypal, Apple Pay and Stripe
⚙️ Payments
📈 Seed
🤝 United Ventures; Fabrick; Firstminute Capital; Seed X; Haatch
🔗 Volume

Mindgard raises £6.4m led by .406 Ventures to safeguard AI with industry-first AI security solution
⚙️ Cybersecurity
📈 Funding
🤝 .406 Ventures; Atlantic Bridge; Willowtree Investments; IQ Capital; Lakestar
🔗 Mindgard

BVNK secures £40m Series B led by Haun Ventures to power stablecoin payments for global businesses
⚙️ Cryptocurrency
📈 Series B
🤝 Haun Ventures; Coinbase Ventures; Scribble Ventures; DRW Venture Capital; Avenir; Tiger Global
🔗 BVNK

FinCrime Dynamics secures seed funding to revolutionise financial crime prevention with AI and synthetic data
⚙️ Fintech
📈 Seed
🤝 Oxford Capital; Twin Path Ventures; SyndicateRoom; Ascension
🔗 FinCrime Dynamics

Transformation platform Orbus Software announces strategic growth investment from FTV Capital and SilverTree Equity
⚙️ Enterprise architecture
📈 Growth
🤝 FTV Capital; Silvertree Equity
🔗 Orbus Software