14.11.2022

Deal, Deal of the Week |

Calendar Week # 47 |

2022

Atom Bank has pushed back its flotation by at least two years after tapping backers for another £30 million, giving it a post-deal valuation of £460 million

  • HQ: UK

Founded: 2014

  • Private Equity
  • Sector: FinTech

Investment Raised: GBP 30M €

Valuation Remains Undisclosed

Investors: BBVA (https://www.bbva.com/en/) Toscafund (https://www.toscafund.com/)

News Link
09.11.2022

Deal |

2022

NRG Therapeutics Announces £16 million Series A to Advance Mitochondrial Therapeutics for Parkinson’s and ALS

  • HQ: UK

Founded: 2018

  • Series A
  • Sector: Biotechnology

Investment Raised: GBP 16M €

Valuation Remains Undisclosed

Investors: Brandon Capital Partners (https://brandoncapital.vc/) Omega Funds (https://omegafunds.com/) Parkinson’s Virtual Biotech (https://www.parkinsons.org.uk/research/parkinsons-virtual-biotech)

News Link
09.11.2022

Deal |

2022

Investors back Antavo’s API-centric loyalty program tools with €10 million

  • HQ: UK

Founded: 2012

  • Series A
  • Sector: e-commerce

Investment Raised: EUR 10M €

Valuation Remains Undisclosed

Investors: Euroventures (https://www.euroventures.hu/en) iEurope Capital (https://ieurope.com/) Innovation Nest Lead Ventures (https://leadventures.eu/) Zoltan Vardy (https://zoltanvardy.com/)

News Link
08.11.2022

Deal |

2022

Digital asset exchange Archax completes $28.5 million in Series A financing, led by Abrdn

  • HQ: UK

Founded: 2018

  • Series A
  • Sector: Financial Services

Investment Raised: USD 28.5M €

Valuation Remains Undisclosed

Investors: Abrdn (https://www.abrdn.com/corporate) BitRock Capital (http://www.bitrockpartners.com/) Blockchain Coinvestors (https://www.blockchaincoinvestors.com/) Tezos (https://tezos.com/)

News Link
07.11.2022

Deal |

2022

UK’s Osler Diagnostics secures €84.9M for its lab-quality portable diagnostic tool

  • HQ: UK

Founded: 2017

  • Series C
  • Sector: Health Care

Investment Raised: EUR 84.9M €

Valuation Remains Undisclosed

Investors: Braavos Investment Advisers (https://braavos.uk/) Lansdowne Partners (https://www.lansdownepartners.com/london/) M&G Investments (https://www.mandg.com/investments/gb) Oxford Science Enterprises (https://oxfordscienceenterprises.com/)

News Link
31.10.2022

Deal |

2022

Cambridge-based Eagle Genomics bags €20M for its AI-augmented knowledge discovery platform: Know more

  • HQ: UK

Founded: 2011

  • Venture – Series Unknown
  • Sector: Biotechnology

Investment Raised: EUR 20M €

Valuation Remains Undisclosed

Investors: Granpool Innovative Investments (http://www.granpool.com/) ETF Partners (http://www.etfpartners.capital/) Aberdeen Standard Investments (https://www.aberdeenstandard.com/)

News Link
27.10.2022

Deal |

2022

CloudPay raises $50 million and reports high growth as payroll evolution continues

  • HQ: UK

Founded: 1996

  • Venture – Series Unknown
  • Sector: Cloud Computing

Investment Raised: USD 50M €

Valuation Remains Undisclosed

Investors: Runway Growth Capital (https://runwaygrowth.com/) The Olayan Group

News Link
26.10.2022

Deal |

2022

Tymit raises £23m from Sports Direct founder Mike Ashley’s Frasers Group for BNPL pivot

  • HQ: UK

Founded: 2017

  • Series A
  • Sector: Financial Services

Investment Raised: GBP 23M €

Valuation Remains Undisclosed

Investors: Frasers Group (https://frasers.group/)

News Link
26.10.2022

Deal |

2022

UK-based gynae health startup Daye raises €11.5 million to launch at-home screening kit and bridge the gender health gap

  • HQ: UK

Founded: 2017

  • Series A
  • Sector: Biotechnology

Investment Raised: EUR 11.5M €

Valuation Remains Undisclosed

Investors: Cross-Border Impact Ventures (https://www.crossborder.ventures/) Fiona Pathiraja Hambro Perks Ltd. (https://www.hambroperks.com/) MassMutual Ventures (https://massmutualventures.com/) Michelle Tempest Simplyhealth (https://www.simplyhealth.co.uk/)

News Link
25.10.2022

Deal |

2022

BMLL Secures USD 26 Million Series B Funding

  • HQ: UK

Founded: 2014

  • Series B
  • Sector: Analytics

Investment Raised: USD 26M €

Valuation Remains Undisclosed

Investors: FactSet (https://www.factset.com/) IQ Capital (https://iqcapital.vc/) Nasdaq Ventures (https://www.nasdaq.com/nasdaq-ventures)

News Link
24.10.2022

Deal |

2022

Moneyhub lands £40m investment from Legal & General, Lloyds and Shawbrook

  • HQ: UK

Founded: 2014

  • Venture – Series Unknown
  • Sector: FinTech

Investment Raised: GBP 40M €

Valuation Remains Undisclosed

Investors: Legal & General (https://www.legalandgeneral.com/) Lloyds Banking Group (https://www.lloydsbankinggroup.com/)

News Link
24.10.2022

Deal |

2022

The German neobank Nuri had invested around 40 million euros with the crypto lender Celsius

  • HQ: UK

Founded: 2017

  • Corporate Round
  • Sector: Blockchain

Investment Raised: EUR 40M €

Valuation Remains Undisclosed

Investors: Nuri (https://bitwala.com/)

News Link
20.10.2022

Deal |

2022

Hoxton Farms raises £20m for cultivated fat pilot facility

  • HQ: UK

Founded: 2020

  • Series A
  • Sector: Biotechnology

Investment Raised: GBP 20M €

Valuation Remains Undisclosed

Investors: AgFunder (https://agfunder.com/) BACKED VC (https://www.backed.vc/) Collaborative Fund (https://collabfund.com/) CPT Capital (https://cptcap.com/) Fine Structure Venture (https://finestructure.vc/) Founders Fund (https://foundersfund.com/) My Climate Journey Collective (https://www.mcjcollective.com/) Presight Capital (https://presight.vc/) Sustainable Food Ventures (https://www.sustainablefoodventures.com/) Systemiq Capital (https://www.systemiqcapital.earth/)

News Link
20.10.2022

Deal |

2022

Digital Twin Software Company Sensat Raises $20.5m to Automate the Way Infrastructure is Planned, Built and Managed

  • HQ: UK

Founded: 2015

  • Series B
  • Sector: SaaS

Investment Raised: USD 20.5M €

Valuation Remains Undisclosed

Investors: National Grid Partners (NGP) (https://ngpartners.com/)

News Link
20.10.2022

Deal, Deal of the Month, Deal of the Week |

Calendar Week # 41 |

October |

2022

Blockchain development platform Tatum nabs $41.5M to untangle Web3

  • HQ: UK

Founded: 2018

  • Series A
  • Sector: Blockchain

Investment Raised: USD 41.5M €

Valuation Remains Undisclosed

Investors: 3VC (https://three.vc/) Christian Trummer Circle (https://www.circle.com/en/) DEPO Ventures (https://depoventures.com/) Eric Demuth Evolution Equity Partners (https://evolutionequity.com/) LeadBlock Partners (https://leadblockpartners.com/) Octopus Ventures (https://octopusventures.com/) Paul Klanschek Tensor Ventures (https://tensor.ventures/)

News Link
19.10.2022

Deal |

2022

Startup using machine learning to find new medicines Nucleome Therapeutics raises £38m

  • HQ: UK

Founded: 2019

  • Series A
  • Sector: Biotechnology

Investment Raised: GBP 38M €

Valuation Remains Undisclosed

Investors: British Patient Capital (https://www.britishpatientcapital.co.uk/) Johnson & Johnson Innovation (https://jnjinnovation.com/home) M Ventures (https://www.m-ventures.com/en) Oxford Science Enterprises (https://oxfordscienceenterprises.com/) Pfizer Venture Investments (https://www.pfizer.com/about/partners/venture-investments)

News Link
18.10.2022

Deal |

2022

Orbex lands £40.4 million, all systems go for Europe’s first full orbital micro-launcher

  • HQ: UK

Founded: 2015

  • Series C
  • Sector: Aerospace

Investment Raised: GBP 40.4M €

Valuation Remains Undisclosed

Investors: BGF Ventures (https://www.bgf.co.uk/) Heartcore Capital (https://www.heartcore.com/) High-Tech Grunderfonds (https://www.htgf.de/de/) Jacobs (https://invest.jacobs.com/overview/default.aspx) James Chambers Octopus Ventures (https://octopusventures.com/) Phillip Chambers Scottish National Investment Bank (https://www.thebank.scot/) Vaekstfonden (https://www.vf.dk/en/) Verve Ventures (https://www.verve.vc/)

News Link
13.10.2022

Deal |

2022

GoHenry raises $55m after its losses balloon 20-fold

  • HQ: UK

Founded: 2012

  • Series B
  • Sector: FinTech

Investment Raised: USD 55M €

Valuation Remains Undisclosed

Investors: Edison Partners (https://www.edisonpartners.com/) Nexi (https://www.nexigroup.com/en/) Revaia (https://revaia.com/)

News Link
12.10.2022

Deal |

2022

Immersive Labs Secures $66 Million in New Capital and Expands its Leadership Team to Accelerate Growth

  • HQ: UK

Founded: 2017

  • Series C
  • Sector: Cyber Security

Investment Raised: USD 66M €

Valuation Remains Undisclosed

Investors: Citi Ventures (https://www.citi.com/ventures/) Goldman Sachs Asset Management (https://www.gsam.com/content/gsam/global/en/homepage.html) Insight Partners (https://www.insightpartners.com/) Menlo Ventures (https://www.menlovc.com/) Summit Partners (https://www.summitpartners.com/) Ten Eleven Ventures (https://www.1011vc.com/)

News Link
12.10.2022

Deal |

2022

Crypto Custodian Copper Raises $196M in Series C Funding Round

  • HQ: UK

Founded: 2018

  • Series C
  • Sector: Financial Services

Investment Raised: USD 196M €

Valuation Remains Undisclosed

Investors: Barclays Ventures (https://home.barclays/news/2019/2/barclays-uk-ventures--developing-business-models-for-the-future-/) Tiger Global Management (https://www.tigerglobal.com/)

News Link
12.10.2022

Deal |

2022

Blackstone invests $500 mln in Resolution Life as part of asset management deal

  • HQ: UK

Founded: 2003

  • Private Equity
  • Sector: Insurance

Investment Raised: USD 500M €

Valuation Remains Undisclosed

Investors: Blackstone Group (https://www.blackstone.com/)

News Link
11.10.2022

Deal |

2022

UK-based YardLink bags €18M to digitise the construction supply chain

  • HQ: UK

Founded: 2018

  • Series A
  • Sector: Construction

Investment Raised: EUR 18M €

Valuation Remains Undisclosed

Investors: Amplifier (https://amplifierlab.io/) Beringea (https://www.beringea.com/) FJ Labs (https://fjlabs.com/) Speedinvest (https://www.speedinvest.com/)

News Link
10.10.2022

Deal |

2022

UK’s Connex One bags €105M from GP Bullhound, others; plans to scale global ops

  • HQ: UK

Founded: 2013

  • Series C
  • Sector: Cloud Computing

Investment Raised: EUR 105M €

Valuation Remains Undisclosed

Investors: GP Bullhound (https://www.gpbullhound.com/)

News Link
10.10.2022

Deal |

2022

Ochre Bio Raises $30M Series A Financing for the Development of RNA Therapies for Chronic Liver Diseases

  • HQ: UK

Founded: 2019

  • Series A
  • Sector: Health Care

Investment Raised: USD 30M €

Valuation Remains Undisclosed

Investors: AixThera (https://www.aixthera.com/) Alice Zhang BACKED VC (https://www.backed.vc/) EIT Health (https://eithealth.eu/) Hermes-Epitek (https://www.hermes-epitek.com.sg/) Khosla Ventures (https://www.khoslaventures.com/) Kristen Fortney Lifeforce Capital (https://www.lifeforcecap.com/) LifeLink Ventures (https://www.lifelinkventures.com/) Martin Chavez Selvedge Venture (https://www.selvedgeventure.com/)

News Link
05.10.2022

Deal |

2022

Metaverse startup Improbable raises $100m at $3bn+ valuation

  • HQ: UK

Founded: 2012

  • Venture – Series Unknown
  • Sector: Gaming

Investment Raised: USD 100M €

USD 3B

Valuation

Investors: DeFi Technologies (https://valour.com/) Elrond (https://elrond.com/) Metaverse

News Link
04.10.2022

Deal |

2022

Railsr rakes in $46m for embedded finance solutions

  • HQ: UK

Founded: 2016

  • Series C
  • Sector: FinTech

Investment Raised: USD 46M €

Valuation Remains Undisclosed

Investors: Anthos Capital (https://anthoscapital.com/) CreditEase (https://www.crunchbase.com/organization/creditease) Moneta VC (https://www.monetavc.com/) Outrun Ventures (https://www.outrunventures.com/) Ventura Capital

News Link
04.10.2022

Deal |

2022

Humaans raises $15M to simplify HR tasks like onboarding

  • HQ: UK

Founded: 2020

  • Series A
  • Sector: Human Resources

Investment Raised: USD 15M €

Valuation Remains Undisclosed

Investors: April Underwood Dev Subrata EXOR N.V. (https://www.exor.com/) Exponent Founders Capital (https://www.exponentpe.com/) Frontline Ventures (https://www.frontline.vc/) Jay Simons Jessie Danyi Lachy Groom Megan Quinn Moonfire Ventures (https://www.moonfire.com/) Next Play Ventures (https://www.nextplayventures.com/) Oliver Jay Phillip Chambers Stewart Butterfield Tobias Lütke

News Link
03.10.2022

Deal |

2022

Google’s investment arm GV invests $12 million in SideQuest

  • HQ: UK

Founded: 2019

  • Series A
  • Sector: Virtual Reality

Investment Raised: USD 12M €

Valuation Remains Undisclosed

Investors: Ada Ventures (https://www.adaventures.com/) Chris Lee Cocoa (https://cocoainvest.com/) Connect Ventures (https://www.connectventures.co/) PROfounders Capital (https://www.profounderscapital.com/)

News Link
29.09.2022

Deal |

2022

Toqio takes on €20 million to top embedded fintech terrain

  • HQ: UK

Founded: 2019

  • Series A
  • Sector: Banking

Investment Raised: EUR 20M €

Valuation Remains Undisclosed

Investors: AlbionVC (https://albion.vc/) aldeA Ventures (https://aldea.ventures/) Leandro Sigman Seaya Ventures (https://seaya.vc/) SIX FinTech Ventures (https://www.six-group.com/en/company/innovation/start-ups.html) Speedinvest (https://www.speedinvest.com/)

News Link
29.09.2022

Deal |

2022

UK-based healthtech firm Doccla bags €16.7M for its remote health monitoring tech

  • HQ: UK

Founded: 2019

  • Series A
  • Sector: Health Care

Investment Raised: EUR 16.7M €

Valuation Remains Undisclosed

Investors: General Catalyst (https://www.generalcatalyst.com/) Giant Ventures (https://www.giant.vc/) KHP Ventures (https://khpventures.com/) Speedinvest (https://www.speedinvest.com/)

News Link