Utilis, a pioneer of satellite-based infrastructure intelligence, has raised USD6 million from Beringea, a transatlantic venture capital firm, which will be used to accelerate the growth of its data-driven analytics enabling the detection of water leaks and infrastructure asset management. Utilis was founded in 2013 by Lauren Guy, a scientist focused on atmospheric physics and dynamics studying the ability of space-based synthetic aperture radar (SAR) data to detect underground water on Mars. The patented algorithm developed through this research has underpinned the development of the Utilis solution, harnessing satellites to spot underground leaks in water supplies around the world. Utilis

Personal money app Ziglu has raised nearly GBP900,000 through Angel Investment Network, as part of a GBP6.1 million seed round.  Ziglu, founded by Mark Hipperson, bridges the worlds of cash and crypto by providing safe, simple access to cryptocurrencies fully integrated with a GBP account and Mastercard debit card.   The raise took just three months and alongside the amount raised via AIN, this round also helped Ziglu raise more and at a higher valuation than Revolut or Monzo at a similar stage. The funding will be used to fund technology and product development, user acquisition and international expansion.  

Omnio, a specialist in Banking-as-a-Service, has launched a EUR30 million funding round led by pan-European venture fund GrayBella Capital. 

Mitratech, a provider of legal and compliance software, has secured a strategic investment from Ontario Teachers’ Pension Plan Board (Ontario Teachers’).  Following completion of the transaction, Hg, a leading global software investor and the majority investor in Mitratech since 2017, will retain a minority interest, while TA Associates will sell its minority investment in the business.   With Mitratech’s proven portfolio of end-to-end solutions, organisations worldwide are able to implement best practices and standardise processes across all lines of business to automate activities of the corporate legal department, help organisations manage legal complexity, and stay compliant with an ever-changing landscape

GripAble, a London based start-up digitising upper limb rehabilitation from hospital to home, has close a GBP1.6 million pre-series A funding round. The new funding officially kicks off the company’s Series A fundraise which will close in Q3 2021. GripAble will use these initial funds to further scale its industry leading assessment and training platform throughout the UK and Europe, preparing for its upcoming US market launch.   The funding will also facilitate the delivery of its digitally led, remote patient engagement platform which collects empirical data on adherence and persistence, as well as objective data on rehabilitation outcomes to

Meatable, a cultivated meat startup, has closed a USD47 million Series A funding round, bringing the company’s total funding to USD60 million.  Meatable finalised its first showcase product in 2020 and aims to use the new funds to advance small-scale production at the Biotech Campus Delft and to diversify its product portfolio.  The consortium consists of Dr Rick Klausner Section 32, Jeffrey Leiden, and DSM, and includes existing investors, such as BlueYard Capital, Agronomics, Humboldt, and Taavet Hinrikus, showing continued support. They recognize the positive impact cultivated meat will have on climate change, see the trillion-dollar potential of the cultivated