London Brief #18: GV back in London, 18 EF’s startups and a restaurant in Swiss Alps.
David Krane brings Alphabet’s Google Ventures back to Europe investing £20m into a London fintech firm CurrencyCloud, which facilities cross-border payments for online companies. By the way, it seems that GV is no more HealthTech only.
In the news
USPAAH, a spa concierge service, has taken the Tube and Twitter with its adverts interpreted by some as sexist, and its hashtag #saveyourself has been hijacked by angry commuters. USPAAH surely saved themselves a lot of cash with additional awareness and national press coverage.
Entrepreneurs First’s Demo Day hosted 18 startups:
- Eyn, an advanced facial recognition software to transform smartphones into biometric ID devices
- Sentient, a machine learning technology to help call centre agents deal with customers
- Oilfront, a fuel marketplace for shipping companies
- Scalia, an e-commerce product data platform
- Observe, an AI solution for managing fish farms
- Transformative, an AI-based predictive healthcare solution
- Proportunity, a machine learning for real estate market forecast
- Multiply, an AI used to provide financial advice
- Optimal Labs, an AI for farming in greenhouses
- Scape, an AR 3D-mapping company
- Lendr, reverse-auctions for mortgages
- Plotist, a story-telling content production platform for writers
- Marble, a manufacturer of autonomous electric aircraft
- Creative, an AI platform to replace social media marketing teams
- ThinkSono, a PoC ultrasound based solution for diagnosing deep vein thrombosis
- Predina, an AI-powered risk-analysis system for autonomous vehicles
- Selerio a platform for video monetisation with real-time targeted product placement
- Phoelex, a manufacturer of better transceivers for data centres.
London Design Week, the best and biggest yet, is taking place at the Design Centre, Chelsea Harbour.
Business as usual
- Atom Bank, a mobile-first app-based UK bank, has received £83m from its shareholders including Spanish BBVA for further expansion; Will.i.am, a tech-enthusiastic Black Eyed Peas rapper is helping Atom Bank to further differentiate itself in the market
- Garrison Technology Limited, a cybersecurity company, has announced the closure of a £12m Series A round led by Touchstone Innovations
- LoopMe, an AI-driven mobile video advertising startup, has secured $10m in a continuation of its Series A funding round
- Cloud.IQ, a conversion rate optimisation platform, has closed £4m Series A round led by Nauta Capital
Number of the day
18: startups that pitched on EF’s Demo Day.
London Brief is a weekly selection of essential information about startups, technology and the business scene in London. Got news? Give us a shout at firstname.lastname@example.org.
On behalf of the London Brief Team