Crowdcube achieves “hard-fought” profit, driven by boost in secondary shares

The UK’s largest crowdfunding platform reported a “hard-fought” full-year profit last year, driven by a rise in secondary liquidity and cutting costs across the business, says one of its CEOs. Matt Co…

UK government-backed fund aimed at backing female founders reaches £130m first close

The flagship fund of a UK government-backed initiative addressing the shortage of equity capital for women in the UK who are building businesses has reached a £130m first close of the fund, it said to…

Young "bug bounty hunter" bags $6M pre-seed round for security startup

A French cybersecurity startup founded by a 23-year-old who made a name for himself as a professional “bug bounty hunter”, earning hundreds of thousands of pounds from Facebook and Google in rewards, …

UK government pledges £1BN quantum computing investment

The UK government has pledged a £1bn investment to buy large-scale quantum computers from British startups and companies, as it looks to stay in the race in innovating in the technology which some bel…

BioInnovation Institute adds 11 startups to Venture Lab cohort

BioInnovation Institute (BII), a Copenhagen-based non-profit innovation hub established bythe Novo Nordisk Foundation, is supporting 11 companies through its 12-monthVenture Lab programme. Each compan…

BioInnovation Institute backs five startups with €1.3M in follow-on funding

BioInnovation Institute (BII), an initiative of the Novo Nordisk Foundation,has awarded an additional €1.3 million in follow-on funding to five portfoliostartups, bringing total support per company to…

Syndicate One closes €22M second fund to back Belgian tech founders

Syndicate One, an international network-driven investment firm backingBelgian startup founders, has completed the first close of its second fund at€22 million. The fund was oversubscribed within eight…

212 NexT invests in advanced chemistry startup Aepnus

Turkish deep-tech fund 212 NexT, focused on advanced materials andindustrial technologies, has participated in Aepnus’ pre-Series A fundinground.Founded by Lukas Hackl and Bilen Akuzum and headquarter…