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Albion participated in the round, led by Dawn Capital, with return backers HSBC also participating. The new funding will be used to further develop Quantexa’s unique technology and support its international expansion.

The investment follows continued success this year as the firm announced partnerships with Deloitte and HSBC to help prevent money-laundering activity and improving customer insight with Shell.

British Patient Capital, the new wholly-owned commercial subsidiary of the British Business Bank, is an investor in Dawn…

Phrasee, the London-headquartered marketing technology company that uses artificial intelligence (AI) to generate optimised marketing copy, has closed a $4m Series A funding round. The investment will fuel Phrasee’s international growth plans, including scaling up its new US operation in San Francisco and the recently announced expansion of its UK team.

Albion led the round, with follow-on funds from existing investors including global digital communications business Next Fifteen PLC (Next 15) and angel syndicate Galvanise Capital. Next 15…

uMotif, the data capture company putting patients at the centre of clinical research, has raised £2.4 million in its latest funding round led by Albion along with several angel investors.

uMotif’s software platform provides the patient-facing technology required to capture real-world data (eCOA, ePRo, eConsent) for the next generation of clinical research initiatives – from early phase to post-marketing trials. The technology is already in use by top pharma companies across Europe and North America, including AstraZeneca, Novartis and UCB…

The UCL Technology Fund is very proud to have backed BloomsburyAI and we are delighted that they are joining Facebook team in London.  

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DYSIS Medical Ltd, the developer of the innovative DYSIS Ultra colposcope used in cervical cancer screening, announces today the completion of an £18 million ($25 million) investment.

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Modern aviation owes much of its success to gas turbine engines that convert fuel into massive thrust, enabling large passenger aircraft to travel long distances at high speeds. Jet engines, however, require large fuel loads, most of which is carried in fuel tanks that span both of an aircraft’s main wings. The Airbus A380, for example, has a maximum fuel capacity of over 85,000 gallons. To ensure the safety of flight, the commanding pilot is required to accurately monitor and log fuel consumption rates to properly manage the plane’s weight and…

UCL Technology Fund investment MeiraGTx Holdings plc (‘MeiraGTx’), the clinical stage gene therapy company, has raised $75million at IPO, pricing five million shares at $15.00 per share on the Nasdaq Global Select Market on June 12 2018.

The UCL Technology Fund (UCLTF) is managed by Albion in collaboration with UCL Business (UCLB), UCL’s commercialisation company, and is dedicated to bringing UCL’s world-class research in life and physical sciences to commercial reality. MeiraGTx is its first investment to IPO. MeiraGTx has strong roots in…

Cyber security software company Panaseer has secured USD10 million in a Series A funding round led by Evolution Equity Partners with participation from existing investors including Notion Capital, Albion, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments.

The Panaseer platform uses proprietary algorithms to perform ‘entity resolution’ to create an accurate view of an organisation’s assets, such as devices, applications and people. The platform continuously measures the security of these assets by…