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VC

Novalis Biotech closes EUR25m biotech acceleration fund

Novalis Biotech, an early-stage venture capital investor in technologies aimed at revolutionising healthcare, has closed its EUR25 million second fund, the Novalis Biotech Acceleration Fund.  Both new and returning investors have participated in the fundraising. The second fund investor base includes institutional investors, such as Participatie Maatschappij Vlaanderen (PMV), family

Diversity VC announces new leadership team

Ladi Greenstreet and Daisy Onubogu have taken over the leadership of Diversity VC, as CEO and COO respectively.  The new leadership team was selected following a competitive application process using blind hiring platform Applied, and were assessed by independent VC and technology professionals.   Diversity VC has been led by

Thymia raises USD1.1m for video game-inspired tool to assess and track depression

Thymia has raised a GBP780k/USD1.1 million in a pre-seed round to scale its platform to assess for and monitor depression.  The Thymia technology removes the subjectivity from mental health assessments: instead of answering questionnaires, patients play specially designed video games which use cutting-edge Neuropsychology, Linguistics and Machine Learning to detect

Traydstream raises USD8m in investment deal led by gunnercooke

London based Fintech Traydstream Limited has raised USD8 million as part of a Series A funding round from institutional and private investors. gunnercooke Corporate Partner Kyri Papantoniou led the legal side of the investment process, which began in summer last year. Traydstream is a global provider of an AI powered

Tru Technologies says Series-A Investment worth USD3.1m from seven Institutional Investors

New investments will help them improve service delivery with their products so that Asian financial institutions signed up will be able to automate the securities lending process and enhance profitability. South Korea: Tru Technologies (Tru), a securities finance technology start-up, announced they had received Series-A investment worth USD3.1 million from

Distill Ventures commits to backing early-stage founder from under-represented groups

Distill Ventures (DV) is committed to increasing diversity within the drinks industry through a range of global initiatives, including the launch of a new Pre-Accelerator Programme dedicated to early stage founders from underrepresented groups. DV will aim to invest USD5 million in drinks entrepreneurs over the next 12 months through

Marstone closes USD5m Series A funding

Marstone, a digital wealth technology firm, has held the second close of a USD5 million Series A financing round bringing the company’s total funding to over USD20 million.  The first close, led by Apex Fintech Solutions LLC, the “fintech for fintechs” powering innovation and the future of digital wealth management,

Fitness app

Acrew Capital leads USD29.5m round into Paceline

Acrew Capital and Mubadala Capital have invested USD29.5 million in a Series A financing round for San Francisco-based health and wellness platform Paceline, which rewards its users for exercising with financial incentives.  The round was led by Acrew Capital, with participation from Mubadala Capital along with existing investors, and the firms will aim

Plant-based meat brand THIS secures GBP11m in Series A funding round

Plant-based meat brand THIS has secured GBP11 million in a Series A investment co-led by BGF, and Lever VC.  THIS has also grown at a record-breaking rate of 530 per cent (April ’21 vs ‘20). Having only launched two years ago, this is one of the highest ever growth rates

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