If you enjoy reading this newsletter, forward it to a friend!
A quieter week of announcements from the more prominent funds, but deals still being done regardless of the ongoing circumstances.
Below are the Top 3 funding rounds of the last week:
- 🇬🇧 Oxwash raised a $1.7m Seed round for their on-demand laundry pick-up and drop-off service based out of Oxford. Founders Factory, TrueSight Ventures and notable angels joined the round.
- 🇬🇧 Deep Render saw Speedinvest and Pentech Ventures join their seed round. The company builds media compression algorithms.
- 🇬🇧Cuckoo Internet raised from a series of active UK Angels for their challenger Internet Service Provider, launching later this year.
Where the action was:
Figures this week:
Funding rounds covered:
13
Countries covered:
6
Largest round:
$14,000,000
Estimated funds raised:
~$32,250,000 (not all covered below)
Categories & countries:
Most rounds:
🇬🇧 United Kingdom
Largest Round:
🇳🇱 Immunophage Biotech $14,000,000
Connect with me on LinkedIn (leave a note)
Edition 28 will be published next Tuesday.
🇨🇳 China — $14m
Immunophage Biotech
Raised: $14m (Pre-Series)
Category: Biotechnology, Pharmaceutical
Description: Immunophage Biotech is a Chinese high-tech pharmaceutic company established in 2016. They are developing first-in-class immune-regulating medicines against cancer, autoimmune diseases and neurodegenerative disorders. More here.
Investors: Multiple Chinese investment firms.
Location: Shanghai, China.
🇬🇧 United Kingdom — $8.7m
Raised: $2.9m (Seed)
Category: Banking, FinTech, Payments, Software
Description: Banked provides an account-to-account payment software platform that lets consumers, businesses and banks process payments in real-time, more securely.
Investors: Force Over Mass Capital, Backed VC, Paul Forster (Founder of Indeed) and Acrew Capital.
Location: London, United Kingdom.
Raised: $2m (Seed)
Category: Artificial Intelligence, Information Technology, Machine Learning
Description: Deep Render is a spin-out from Imperial College London. They are an AI start-up developing the next generation of media compression algorithms.
Investors: Speedinvest and Pentech Ventures.
Location: London, United Kingdom.
Oxwash
Raised: $1.7m (Seed)
Category: CleanTech, Laundry and Dry-cleaning
Description: Oxwash is re-engineering the laundry process from the ground up; aiming for clinically-clean, net-zero carbon emissions for the whole process, from the collection, through washing and back to delivery. TechCrunch has more here.
Investors: Founders Factory, TrueSight Ventures & Angels including Biz Stone (Twitter Co-Founder) and Paul Forster (Founder of Indeed).
Location: Oxford, United Kingdom.
Raised: $850k (Seed)
Category: Human Resources, Information Technology, Internet, Software
Description: StaffCircle provides a work platform which improves internal communication and feedback and provides easy access to training, ideas, tasks and company directory. This is delivered to staff via the smartphone in their pocket, or tablet or pc.
Investors: Blackfinch Ventures and Mercia Asset Management.
Location: Chester, United Kingdom.
Raised: $580k (Seed)
Category: Internet, Telecommunications
Description: Cuckoo is a new challenger broadband company, launched and backed by people close to Bulb. They are looking to rival Internet Service and Broadband Providers. They will provide 1-month rolling contracts. TechCrunch has more.
Investors: GrowthInvest, Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early investor) Patrick Barouki (Bulb early investor) and James Bowe.
Location: London, United Kingdom.
Allegrow
Raised: $500k (Seed)
Category: SaaS, Sales Automation, Software
Description: Allegrow is an end to end B2B platform, turning prospecting teams into a machine through sales automation, business intelligence and automatic outreach campaigns.
Investors: Mercia Fund Managers and Northeast Venture Fund (NEVF).
Location: London, United Kingdom.
Collctiv
Raised: $175k (Seed)
Category: Financial Services, FinTech
Description: Collctiv is the group payments app, designed to take the hassle out of collecting money for a group purchase or booking.
Investors: GC Angels
Location: Manchester, United Kingdom.
If you know anyone who would enjoy this content, then please do send it on using the button below.
🇪🇪 Estonia — $2.75m
askRobin
Raised: $1.7m (Seed)
Category: FinTech
Description: AskRobin is a credit marketplace matching consumers with best available credit offers in the market.
Investors: Change Ventures, Lemonade Stand and Vereeni Investments.
Location: Tallinn, Estonia.
🇩🇪 Germany — $2.7m
GraphCMS
Raised: $2.7m (Seed)
Category: CMS, Information Technology, Software
Description: GraphCMS enables developers to build powerful content APIs in a matter of minutes, while it gives content creators all the tools they need to manage their content. The hosted content APIs can be easily consumed by websites, apps or any other platform.
Investors: Paua Ventures and Peak Capital.
Location: Hessen, Germany.
🇨🇭 Switzerland — $2.58m
Vereign
Raised: $2.58m (Seed)
Category: Cloud Computing, Software
Description: Veregin is a tool to help you distinguish which emails are real. It enables users to sign and share documents securely, as well as build a personal trusted network within Vereign.
Investors: AquilaDirekt and Totemo
Location: Zürich, Switzerland.
🇮🇳 India — $2m+
MintOak
Raised: $2m (Seed)
Category: Financial Services, Fintech, Payments
Description: Founded by former Visa executives, the payments solutions start-up aims to deliver a secure platform that can accept all types of digital payment products.
Investors: Pravega Ventures.
Location: Mumbai, India.
Raised: $Unknown (Seed)
Category: Financial Services, Fintech, Payments, SME Services
Description: RupiFi are offering a suite of Financial Products for SMEs in India.
Investors: Xoogler
Location: Bengaluru, India.
Got a seed or pre-seed funding round to share?
Submit through the following form.
