UK & France Enterprise Deals — Are VC’s still active?

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Oliver Kicks
Seed Weekly
5 min readApr 21, 2020

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The UK coming back with quite a few seed rounds this week. Quite a few Enterprise and B2B deals.

Below are the highlights of the last weeks funding rounds:

  • 🇬🇧 Count raised just shy of $2.5m for their data platform which looks to helps small teams build out their data pipelines. Backed by GFC & LocalGlobe.
  • 🇨🇭Flybotix raised a seed round to continue development of their indoor, impact-resistant drones used for construction and surveying.
  • 🇫🇮 Surrogate TV raised $1.6m for their digital-physical gaming crossover. Worth watching their example/demo videos on their website.

Figures this week:

Funding rounds covered:
17

Countries covered:
8

Largest round:
$4,100,000

Estimated funds raised:

~€23,000,000 (not all covered below)

Categories & countries:

Most rounds:

🇬🇧 United Kingdom & 🇫🇷 France.

Largest Round:
🇬🇧 Living Optics $4,100,000

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Edition 26 will be published in late-April

🇬🇧 United Kingdom — $9.8m

Living Optics
Raised:
$4.1m (Seed)
Category: Image Recognition, Information Technology, Software

Description: Living Optics is commercializing next-generation imaging technology which leverages a compact camera system based on breakthroughs in hardware design and software processing.
Investors: Oxford Science Innovation and Foresight Williams
Location: Oxford, United Kingdom.

Sprout.ai

Raised: $2.5m (Seed)
Category: Blockchain, Image Recognition, InsurTech, Natural Language Processing

Description: AI-powered claims automation & fraud filtering for the Insurance industry.
Investors: Techstars, Amadeus Capital Partners and Playfair Capital.
Location: London, United Kingdom.

Count

Raised: $2.4m (Seed)
Category: Analytics, Big Data, Software

Description: Count is attempting to create an all-in-one data platform to deal with providing early-stage teams with the tools to build data pipelines more cheaply.
Investors: Global Founders Capital, LocalGlobe and Charlie Songhurst.
Location: London, United Kingdom.

Candidate.ID

Raised: $800k (Seed)
Category: Enterprise Software, Marketing Automation, Software

Description: Candidate.ID is a talent lead gen tool that sends recruiters daily leads based on candidates’ interactions with online content. Candidate.ID replaces recruitment CRM for in-house talent acquisition teams or sits on top of your CRM if you’re a staffing agency.
Investors: Blackfinch Ventures.
Location: Glasgow, United Kingdom.

🇨🇭 Switzerland — $4.5m

CyanoGuard
Raised:
$3m (Seed)
Category: Biotechnology, Chemical, Health Care, Quality Assurance

Description: CyanoGuard’s technology enables fast and safe cyanide detection in food, wastewater and other samples. Its method is selective and requires no special training and/or equipment.
Investors: Horizon 2020, Wingman Ventures and others.
Location: Zurich, Switzerland.

Flybotix

Raised: $1.5m (Seed)
Category: Industrial Automation, Drones

Description: Flybotix develops a collision tolerant drone for in-structure and indoor inspection.
Investors: Venture Kick
Location: Vaud, Switzerland.

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🇫🇷 France — $3.8m

Solaire Box
Raised: $1.5m (Pre-Seed)
Category: Building Material, Construction

Description: Solaire Box develops optimized building solutions for solar energy production, self-consumption and electricity storage.
Investors: Sowefund and others.
Location: Paris, France.

Nyctale

Raised: $1.2m (Seed)
Category: Blockchain, SaaS, AI, Analytics

Description: Nyctale — Business Intelligence and AI SaaS platform to analyze, measure and control blockchain networks activity.
Investors: BpiFrance and Outlier Ventures.
Location: Rhone-Alps, France.

Adrenalead
Raised: $1.1m (Seed)
Category: Internet, Media and Entertainment

Description: Adrenalead is an international Web Push Notification advertising agency.
Investors: SIDE Capital.
Location: Lyon, France.

Clust

Raised: $Unknown (Seed)
Category: CRM, Enterprise Software, SaaS, Software

Description: Clust makes it possible for thousands of business owners all around the world, to collect and share their client’s documents in a smart, secure and cost-effective way.
Investors: InReach Ventures.
Location: Paris, France.

🇪🇪 Estonia — $2.1m

Dashbird
Raised:
$2.1m (Seed)
Category: Application Performance Management, Developer Tools, SaaS, Software
Description: Dashbird helps developers to deliver secure and fast serverless applications by offering actionable insights and debugging features. It makes software and app development quicker, leaner and helps to optimize costs.

Investors: Passion Capital, Paladin Capital, Icebreaker.vc. and Lemonade Stand.
Location: Harjumma, Estonia.

🇫🇮 Finland — $1.6m

Surrogate.TV
Raised:
$1.6m (Seed)
Category: Gaming, Media and Entertainment, VR, Streaming

Description: Surrogate.tv is a gaming company offer playing with real-life robotics, toys, vehicles, and more; over the internet.
Investors: PROFounders Capital and Rooks Nest Ventures
Location: Espoo, Finland.

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Oliver Kicks
Seed Weekly

RLC Ventures. Writer of Seed Weekly. Interested in future of Enterprise, Finance and Entertainment.