Edinburgh-based startup, Stamp Free Ltd has raised £600,000 as part of an oversubscribed funding round. The company has only increased in valuation since September 2021. With a pre-investment valuation of £4 million, the company doubled its £2m pre-investment valuation from its Seed One funding round. The company has focused their efforts on developing a digital [...]
NatureMetrics, a DNA-based biodiversity monitoring company, has announced a raise of more than €14 million in fresh funding. The funding round was led by urban sustainability-focused venture capital fund 2150 and saw participation from Ananda Impact Ventures, SWEN Capital Partners’ Blue Ocean and BNP Paribas Solar Impulse Venture Fund, and follow-on from Systemiq Capital. Governments [...]
WANdisco, Inc. has announced their plans to create 33 jobs at their Belfast software development centre. In addition to these 33 roles, another 11 positions will be opened up to support their research and development efforts, doubling their Northern Ireland R&D staff over the next three years. “With this new £7 million investment, we plan [...]
The Welsh Government has launched a fully funded research and development scheme to support the creation of blockchain technology. The scheme, aptly titled “Demonstrating the Potential of Blockchain”, will be run by Blockchain Connected - part of Technology Connected, the network for the technology industry in Wales. The plan was first launched in January and [...]
Read time: 2 minutes About crane London-based Venture capital firm Crane Venture Partners launched a £112m fund backing early-stage deep tech startups. Particularly startups operating in areas including open-source, artificial intelligence, data, and developer tools industries. Crane has already launched an early stage tech fund of £71.8m in 2019 making this fund their second. .Crane [...]
Read time: 2 minutes Qatar’s investment plans: Qatar promised to invest £10bn into the UK's technology, clean energy, healthcare and infrastructure sectors. Similarly, last year the UK signed a deal with the Abu Dhabi sovereign wealth fund to invest £10bn. All this investment is due to the Gulf states having revenues shoot up as energy [...]
Read time: 3 minutes Rishi Sunak’s 2022 spring statement promised to reform the UK's R&D tax credits to be more generous to businesses. Which sounds like great news for small and medium sized enterprises (SMEs). But how does the government plan on doing this and how will it benefit your business ? Changes in R&D tax [...]
The Sustainable Aquaculture Innovation Centre (SAIC) has called for proposals for projects focused on improving Scotland’s aquaculture sector. The SAIC aims to transform Scottish aquaculture by unlocking sustainable growth through innovation excellence. SAIC will provide as much as 50% of the overall project costs. With this in mind, they are searching for projects which will [...]
Citizen science projects are being funded in the UK, with 6 projects set to tackle issues on food safety. The Food Safety Agency (FSA) and UK Research and innovation (UKRI) have awarded £200,000 to each of the projects which should last between six and nine months. This research will incorporate citizen science, where the public [...]
Datactics, a Belfast-based fintech company, has recently announced their intentions to invest £2.3 million into their company with support in the amount of £347,601 from Invest Northern Ireland. This investment will be directed towards the creation of 18 jobs, skill development, and primarily R&D activities. Their R&D focuses are on expanding and optimizing their data [...]
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