Concirrus closes £5m funding round to service customer growth
Concirrus, the London based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million. The raise was co-led by Cambridge-based deep tech venture capital firm IQ Capital and specialist InsurTech investor Eos Venture Partners.
BioBeats closes £2.4m funding round
BioBeats, the leader in digital health and artificial intelligence, recently closed a £2.4M funding round led by Oxford Sciences Innovation (OSI), White Cloud and IQ Capital. The new investment will support the company as they focus on delivering their cutting-edge wellness solutions to a global audience.
IQ Capital launches £125m fund to scale UK’s early stage deeptech companies
Leading deeptech VC, IQ Capital, has held the first close of its £125m third fund, IQ Capital Fund III, at £92 million. The fund will invest at Seed and Series A stages into UK deeptech companies with transformational deep-tech, AI or disruptive algorithms at their core and led by visionary founders.
British spacetech pioneer Oxford Space Systems secures £6.7m in funding
Oxford Space Systems (OSS) today announces it has secured £6.7 million in funding from a syndicate of investors including IQ Capital, Longwall Ventures, Foresight Williams, OTIF, Midven and Wren. The current round, led by Longwall Ventures, brings the total amount raised in external funding to £10m since OSS’ launch in late 2013.
Cambridge speech recognition company closes growth funding round from leading tech investors
Speechmatics, the Cambridge-based speech technology company, has received investment from multiple leading investors to accelerate the commercial roll-out of its products.