News

Healios, the digital therapy company for mental health, has raised £2.2m ($3m) in its latest funding round, led by investors Albion and Spice Capital.

Founded in 2013, Healios empowers young patients and families affected by mental illness and neurodevelopmental conditions through combining the use of technology with specialised clinician expertise and evidence-based clinical tools. Utilising its unique digital platform, Healios enables the efficient delivery of family-centric care, delivering a revolutionary interactive experience across…

 

Koru Kids has announced a seed funding round totalling £3.5m The round was led by leading tech VCs Forward Partners and Albion  JamJar Investments and several high profile angel investors also took part 30% month on month growth as demand from parents for its unique model blooms

Koru Kids, the London based startup on a mission to fix the broken after-school childcare landscape, has successfully completed a raise of £3.5m in what was an oversubscribed seed round.

The ambitious business, which is growing at a rate of 30% monthly,…

PSE

Siemens, PSE to collaborate on model-based solutions

Strategic collaboration of Siemens and PSE extends integrated digitalization portfolio for process industries Close linkage of Comos, Simatic PCS 7 and Simit with PSE’s gPROMS Advanced Process Modelling technology Integrated use of Advanced Process Modelling along plant lifecycle Model-based solutions are essential complements of the Siemens portfolio

Siemens AG and Process Systems Enterprise (PSE), the Advanced Process Modelling (APM) company, today announced at Achema that they have…

Matr, the online teaching platform, has announced it has closed a £4.75 million Series A investment round led by the UCL Technology Fund and Downing Ventures, with follow on investment from Ananda and innovation charity Nesta, and Sherry Coutu joining as an angel investor. The company has now raised £8.25 million in funding.

Following an initial focus on providing online teaching to support children in UK schools, via the company’s Third Space Learning brand, the new investment will be focused on developing the Matr platform to support…

Huge congratulations to Vishal Marria, CEO and founder of Quantexa for winning the Developing Entrepreneur Award, in recognition of outstanding personal and company achievements.

Hazy, the data anonymisation software developer formerly known as Anon AI, has won M12’s Innovate AI award, receiving a $1million investment from M12 in partnership with Notion.

Innovate AI is a global competition launched by M12, formerly Microsoft Ventures, to recognise and award capital to high-potential AI and machine learning start-ups. Ten finalists each in North America, Europe and Israel competed in a live pitch-off where their ideas were evaluated by a panel of experts from Microsoft and a local venture capital manager.

The UCL Technology Fund (UCLTF), UK Innovation & Science Seed Fund (UKI2S), alongside support from Innovate UK, have invested in UCL spinout company Glialign Ltd, which is developing a novel cell therapy for peripheral nerve repair. 

Hundreds of thousands of people every year are affected by severe peripheral nerve damage, resulting in paralysis and loss of sensation, often accompanied by chronic pain. Current therapies are successful in fewer than half of cases and often require grafting of a nerve from another part of the body. …

We are delighted to announce that Oracle Corporation (NYSE: ORCL) has completed the acquisition of Grapeshot Limited. Since 2014, the Albion VCTs have invested a total of £2.9m in the business and on the assumption that the full escrow is received, the exit  represents a return of c.10x for the Albion VCTs.  

Grapeshot provides brand safety and pre-bid contextual solutions to over 5,000 of the world’s leading marketers. Each month, over 38 billion programmatic ad impressions are enhanced using Grapeshot’s Contextual Intelligence Platform in…