Psyomics secures £2.4m to expand mental health platform
healthtech psiomics has closed a £2.4m funding round as they continue to expand access to their online mental health screening platform for individual users and NHS Trusts.
The funding round was led by Parkwalk. Meltwind and other investors also participated, along with a new investment from Newable Ventures.
Psyomics was created out of the University of Cambridge with a mission to develop technology to support earlier and improved mental health diagnosis and treatment management. With significant pressure on the NHS and other resources in recent years, there has been an increased need for solutions when it comes to mental health to ensure people get the support they need, when they need it.
Built by psychiatrists and psychologists, its Censeo mental health assessment platform mirrors the process of a comprehensive face-to-face assessment in digital format. Users are guided through a series of adaptive questions to build a detailed picture of their mental health symptoms and concerns. A report is then generated that is made up of potential conditions and next-step recommendations, giving patients a stigma-free way to start addressing any concerns.
Hokodo raises £32.6m in Series B round
hokodoa buy now, pay later solution for B2B, has announced a successful Series B funding round, securing £32.6m in capital less than a year after its Series A fundraising.
The financing will fuel the expansion of the digital business credit provider into new European markets and the development of new products. Led by Notion Capital, which also participated in Hokodo’s Series A, the round also saw the participation of continental European investors Korelya Capital, Mundi Ventures and Opera Tech Ventures. Additional funding came from existing investors including Anthemis and Mosaic Ventures.
The solution allows business buyers to instantly defer payment for their purchases, while sellers are paid in advance and protected from the risk of non-payment. Full integrations with eCommerce platforms like Magento and Shopify through SparkLayer have resulted in over 30,000 shoppers using Hokodo’s BNPL solution to pay for merchant purchases.
CloudNCthe startup that develops advanced software that enables factories to manufacture precision parts autonomously, has raised £36.8m in a Series B round led by Autodesk, with Lockheed Martin and British Patient Capital participating alongside investors. Atomico and Episode 1 Ventures.
The company will use the additional capital to further develop its SaaS offering and deploy it at scale through integrations with CAD/CAM packages such as Autodesk platforms, and to expand its unique full-stack manufacturing capability in Essex, UK.
Precision manufacturing is a necessary industrial process to make the parts needed for virtually every industry, from automotive and aerospace to consumer electronics and defense. It is currently error prone, time consuming and expensive. Despite increased automation, precision manufacturing’s reliance on expert manual programming makes it less efficient than other industrial processes and means it is heavily exposed to an aging workforce.
CloudNC’s technology already provides a significant degree of autonomy. A user can upload a 3D model of any part, and with a click, the software autonomously determines the tools needed, how they will be used, and writes the code to tell a CNC machine how to do it. This software assistance enables factories to be more efficient while upskilling the workforce, as more young employees are able to operate the machines.
Sustainable travel marketplace Not In The Guidebooks nets £150,000
Cultural travel market not in the guides has secured a £150,000 investment from Jenson Funding Partners as part of an ongoing funding round. The sustainable tourism company wants to replace the generic offers sold by large tour operators by connecting tourists with authentic local experts.
Not In The Guidebooks aims to help people have memorable experiences during their travels, even if it’s just one day of their time that they want to do something distinctive in the area. The company achieves this by ensuring that all trips are aligned with its three fundamental pillars: local, sustainable and experiential.
With the new investment, Not In The Guidebooks hopes to attract key hires and further strengthen the team’s rich travel experience, as well as improve technology to create better communications between hosts and travelers. The startup is also looking to expand product inventory to provide more choices for experiences, while driving brand awareness and customer acquisition.
Trumpet secures £1.6m pre-seed funding to transform the B2B sales cycle
London-based B2B sales startup trumpet has raised £1.6m in a pre-seed funding round led by Lightbird Ventures, along with Triple Point Ventures, Haatch, women-led Anamcara Capital and a host of high-profile traders from Loom, Cognism and Reachdesk .
With global expansion on the horizon, this investment will allow Trumpet to expand its engineering, marketing and commercial teams to meet the demands of a customer waiting list of more than 1,600 SMBs and enterprises, including Otta, Datadog, Deel, Google and GoCardless. .
Instead of outdated PDF packages and email chains, trumpet enables sales professionals to create custom, data-driven microsites, or ‘Pods,’ in minutes using APIs, no-code tools, and templates. As a result, users can chat directly with customers in one place, while also tracking customer engagement and tapping into top-performing content through AI-powered analytics. The data and engagement collected in different Sales Pods will automatically alert trumpet users to help them convert more opportunities.
#robotics
Qbot
£1.6 million
EMV Capital and NetScientific PLC
#Sport
cut
£4.15 million
Hiro Capital, Artesian VC and SOSV
#fintech
Cleo
£65.4 million
Balderton Capital, LocalGlobe and Sofina Ventures
#Energy
newcleo
£258 million
N/A
#insurtech
INSTANT
£36.7 million
Toscafund and Dale Ventures
#Healthtech
psiomics
£2.4 million
Parkwalk, Meltwind, Newable Ventures and others
#fintech
hokodo
£32.6 million
Notion Capital, Korelya Capital, Mundi Ventures, Opera Tech Ventures, Anthemis and Mosaic Ventures
#Industry
CloudNC
£36.8 million
Autodesk, Lockheed Martin, British Patient Capita, Atomico, Episode 1 Ventures and QVentures
#traveltech
not in the guides
£150K
Jenson Funding Partners
#Data
stoles
£5.3 million
Headline, Form Ventures, GTMFund, Speedinvest, FJLabs and 7Percent
#Sales
trumpet
£1.6 million
Lightbird Ventures, Triple Point Ventures, Haatch, Anamcara Capital and Angeles
In other investment news…
Phoenix Court Group announces $500 million in new funding to support founders
Phoenix Court GroupEuropean early-stage venture capital investor, has announced $500 million in new funding to help founders and their teams, from early-stage to the public markets.
This marks Phoenix Court Group’s transition into a life-stage technology investor, having established a global reputation for investing in early-stage startups that later become unicorns through LocalGlobe and Latitude.
Phoenix Court Group now consists of four distinct funds, each targeting a particular stage of the market: LocalGlobe focused on pre-seed and seed stage, Latitude focused on breakout and early growth stage, and new funds, Solar and Basecamp, which were previously internally funded, will now begin to institutionalize.
Solar is Phoenix Court Group’s extension fund focused on supporting technology companies on their journey from private to public markets and beyond. Basecamp is a diverse community of more than 50 emerging early-stage funds, angels, and solo GPs in Africa, Asia Pacific, Europe, India, Israel, and the US.
The new funding means an additional $500 million will be invested in the opportunity in New Palo Alto, an area within a four-hour train ride from central London, which has gone in the last 5-10 years from being seen as a border market. for the best investors in the world, to the most successful innovation ecosystem worldwide after the Bay Area and Beijing, which produces world-class science and technology companies.
Launches First Evergreen Cleantech Venture Investor Kiko Ventures
Kiko Ventures – the world’s first evergreen cleantech venture capitalist – launched with its £375m platform to invest in the next generation of climate tech visionaries and create new possibilities for a regenerative future.
Launched by FTSE 250-listed investment firm IP Group, Kiko Ventures is an innovative new investment platform designed to support and grow the climate tech champions of tomorrow. The team plans to deploy £200m over the next five years using IP Group’s flexible capital platform.
Kiko will launch with existing assets, valued at over £175m, as well as a number of new investments already made under Kiko’s strategy that have yet to be announced.
