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Investments

Element AI raises USD102m in Series A funding round led by DCVC

Artificial intelligence company Element AI has raised USD102 million in a Series A funding round led by Data Collective (DCVA) with participation from Fidelity Investments Canada, Hanwha Investment, Intel Capital, Microsoft Ventures, National Bank of Canada, Development Bank of Canada (BDC), NVIDIA, Real Ventures, and several of the world’s largest

Cytox raises GBP2.6m in funding round led ed by Catapult Ventures

Cytox, a specialist in genetic testing for Alzheimer’s Disease, has raised GBP2.6m to fund the commercial launch and international roll out of its novel service. The funding round was led by the GM&C Life Sciences Fund, managed by Catapult Ventures, alongside existing and new investors, including Perivoli Innovations, The Rainbow

Albion Capital invests GBP4.675m in G.Network

G.Network, the next-generation communications service provider exclusively focused on Central London, has received investment totalling GBP4.675 million from Albion Capital. Based in Mayfair, London, G.Network provides affordable ultra-fast broadband connectivity to businesses across Central London, bridging the gap between constrained copper-based broadband and expensive leased lines which have long lead

Jaguar Land Rover’s Inmotion invests USD25m in Lyft

InMotion, Jaguar Land Rover’s mobility services business, has made a USD25 million (GBP19 million) investment in Lyft, the fastest-growing rideshare company in the US.

 This investment will support Lyft’s expansion and technology plans. It will also provide Jaguar Land Rover’s InMotion Ventures with the opportunity to develop and test its

WorldQuant ventures invests in Canalyst

WorldQuant Ventures has made an investment in Canalyst, an equity research technology provider for institutional finance professionals. WorldQuant Ventures’ investment allows Canalyst to enhance its cloud based, on-demand equity model database by enabling continued investment in analytics capabilities, and expansion of its breadth of coverage for small- and mid-cap companies.

Foresight Regional Investment invests GBP15.5 million in first 12 months

Investment of Foresight Group’s second institutionally-backed regional fund, the Foresight Regional Investment is ahead of schedule, having already deployed GBP15.5 million in five companies in its first twelve months. The Fund was launched last year with support from investors including an anchor commitment from the Greater Manchester Pension Fund. So far

Coinsilium invests in Indorse

Coinsilium Group Limited, an accelerator focused on early-stage blockchain technology companies, has completed a SGD100,000 (circa GBP56,100) in Indorse Pte Ltd through a convertible loan agreement. Indorse is a Singapore-based company developing a blockchain-powered decentralised professional network. In addition, Coinsilium will receive an entitlement to an undisclosed number of Indorse

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