Insurtech startup FloodFlash raises £1.9 million in seed funding

London-based insurtech startup FloodFlash, which offers a new way for customers to insure previously uninsurable flood risks, has raised £1.9 million in seed funding from LocalGlobe, Pentech Ventures and InsurTech Gateway. FloodFlash has developed a tech-based approach that makes flood insurance available to everyone, including those with the highest flood risk. The startup’s policy pays […]

UK-based AI startup Healx raised $10 million to find rare disease treatments

Healx, a Cambridge-based medtech company that uses AI to discover and develop treatments for rare diseases, has announced a $10 million Series A funding round. The investment was led by Balderton Capital, with participation from existing investors Jonathan Milner and Amadeus Capital. Rare diseases affect 350 million people worldwide - or 1 in 20 people […]

UK-based market research company GlobalWebIndex raises $40 million in Series A funding

London-based market research company GlobalWebIndex has announced a $40 million funding round from New York-based Stripes Group. GlobalWebIndex is a market research company that provides consumer insights data in 44 countries to the world’s largest brands, marketing agencies and media organizations, drawing on a base of 22 million consumers. “The demand we’re seeing on a […]

UK-based rental deposit startup Reposit has raised £500,000

London-based proptech and insurtech startup Reposit has announced a new £500,000 funding round. Reposit offers an alternative way for tenants and landlords to handle deposits, easing cash flow problems for renters by enabling them to secure a property with just one weeks rent. The investment is backed by Andrew Weisz of Weisz Investments and Michael […]

Xara raises €3 million to help businesses create professional documents

Berlin-based Xara, a document design platform, has raised a €3 million round from Bellevue Investments & Co. The company’s new software, Xara Cloud, is a browser-based document editor that allows businesses to easily create a range of professional-looking business documents and content, including presentations, social media advertisements, catalogs, web banners, and even e-books. No design […]

Israeli retail automation startup Trigo Vision emerges from stealth and raises $7 million

Tel-Aviv-based Trigo Vision, a retail automation platform, has emerged from stealth and raised $7 million in a seed funding round led by Hetz Ventures and Vertex Ventures Israel. Trigo Vision’s platform eliminates the need for store checkouts by combining an extensive ceiling-based camera network with machine vision algorithms that can accurately identify items selected by […]