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. 

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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. 

 

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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. 

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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. 

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Freeline, a UCL Technology Fund portfolio company has announced a $120m extended Series C financing from existing investors Syncona and new leading biotech funds. 

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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. 

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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. 

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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.

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