Quantexa raises $64.7 million (£51.2m) in Series C round to drive hyper-growth in big data and analytics ecosystem, from a mix of existing and new investors.
CommerzVentures has made a USD 6 million investment into Concirrus, a speciality analytics insurtech company. This latest investment follows a USD 20 million Series B funding round lead by AlbionVC earlier this year.
Quantexa, AlbionVC portfolio company named among the 15 leading European AI start-ups by the Business Insider. Quantexa uses artificial intelligence and big data to help banks and other major institutions to detect fraud. To date the company has raised $23.3 million.
Aridhia, an AlbionVC portfolio company has set up International Covid-19 Data Research Alliance and Workbench to unite leading life science, philanthropic and research organisations to respond to the global pandeminic.
Freeline, a UCL Technology Fund portfolio company has announced a $120m extended Series C financing from existing investors Syncona and new leading biotech funds.
UCL Technology Fund has announced support for the research team at the UCL Cancer Institute. The team are repurposing a sophisticated antibody engineering approach, to research and develop a new treatment against COVID-19.
Impact & opportunities Covid-19 study by Station F, Paris based incubator for start-ups, reveals that 91.3% of businesses have been affected by the crisis.
Join the first AlbionVC webinar: ‘Life Science Software in a Post Covid-19 World'. This webinar looks to assess the short and the long-term implications of the Covid-19 pandemic on the market for clinical trial and real world evidence (RWE) software.
