UK-based mobility software startup Immense Simulations raises $4.6 million

Immense Simulations, a mobility startup headquartered in Milton Keynes, has landed $4.6 million in a funding round led by Amadeus Capital Partners and Japan’s Global Brain Corporation, with participation from 31 Ventures, part of the Mitsui Fudosan Group. Founded in 2016 as a spin-out from the UK government’s Catapult programme, Immense has built a simulation […]

Manchester-based secure instant messaging startup Nivo lands £2 million

Nivo, an instant messaging and identity verification platform founded in Manchester, has raised a funding round of £2 million from GP Bullhound, the Angel CoFund, and a syndicate of angel investors. Launched in 2018 as a spin-out of Barclays Bank, the company positions itself as “the fastest, safest way for financial services companies to sign […]

The UK-based savings chatbot Plum secures $4.5 million

London-founded startup Plum that’s developed what it calls “the world’s first AI-powered personal money management chatbot” has raised $4.5 million in a funding round led by venture firm VentureFriends and the EBRD. The company plans to use the fresh capital to hire more engineers in its offices in London and Athens, as well as work […]

London-based idea management startup Wazoku raises £2.5 million

The UK-founded SaaS idea management startup Wazoku has secured £2.5 million in a funding round led by Calculus Capital with participation from existing investors. This round brings the total amount raised by the company to £6.1 million. Wazoku’s main product is Idea Spotlight, an idea management platform used by enterprise clients including the UK Ministry […]

London-based dog food startup Butternut Box raises £15 million

The UK-founded fresh dog food startup Butternut Box has landed £15 million in a funding round led by Five Seasons Ventures and White Star Capital, with participation from existing investors Passion Capital, Literacy Capital, and Kreos Capital. Launched in 2016, Butternut Box prepares and delivers meals for dogs across the UK. Priced anywhere from £1.31 […]

UK-founded research commercialisation startup IN-PART raises £950,000

Sheffield-founded commercial-academic matchmaking platform IN-PART has landed £950,000 in a funding round from the Northern Powerhouse Investment Fund, which poured £750,000, and two unnamed private investors. IN-PART, which employs 28 people across two offices in Sheffield and London, plans to use the capital injection to expand its team. As part of the deal, Thomas Jørgensen, […]