UK startup Poplar scores $2.1 million to capitalise on AR momentum

UK startup Poplar, which provides a platform meant to significantly lower the bar for the production of 3D and AR campaigns, has secured $2.1 million in seed funding to boost growth. The round was led by Fuel Ventures, and joined by Haatch Ventures, Ascension Ventures and Super Ventures. The fledgling company was founded, and incubated […]

UK medtech company Exscientia raises $60 million to apply AI to drug discovery

British AI drug discovery company Exscientia has raised $60 million in a Series C financing round led by a new investor, Denmark’s Novo Holdings, with existing investors such as Evotec, Bristol Myers Squibb, and GT Healthcare Capital chipping in. Oxford-based Exscientia applies artificial intelligence to small molecule drug discovery. Earlier this year, the company announced […]

Opinion: Why public VC blacklists shouldn’t exist

The COVID-19 crisis has changed the lives of billions of people on Earth — including a small subset thereof, that is VCs and entrepreneurs. The change is not always positive or pleasant — but it’s certainly here to stay, and it’s very important to understand how to adjust for it. In a recent podcast episode, we […]

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Praetura Ventures announces new evergreen fund to invest in northern England and across UK

Manchester-based VC firm Praetura Ventures has announced its first evergreen fund, the Praetura EIS Growth Fund, with an annual target of £30 million. The Enterprise Investment Scheme (EIS) is an HMRC-run investment scheme that’s designed to help early-stage, high-risk businesses raise capital by offering investors tax reliefs. Founded in 2011, the firm invests in British […]