Author Archives: FHA Admin

Half of UK travellers are worried about exposure to Covid-19 at airports, finds survey

London, 18 August 2020: 50 per cent of UK travellers cite exposure to Covid-19 at airports or while in flight as their biggest travel concern, according to new data collected by Air Doctor, the leading global platform connecting travellers to local private doctors if they fall ill abroad.   The survey aims to examine the […]

The Red Tree and SFC Capital launch UK’s first beauty accelerator

Speaking about the launch, Stirling Murray, Managing Director of The Red Tree said; “We are extremely excited about The Beauty Accelerator™. There is an incredibly vibrant independent beauty brand scene in the UK with dynamic entrepreneurs driving game changing innovation and creating disruptive brands. We will give one of these brands the chance to dramatically […]

Funding the future of pest control

Investors have rewarded the commercial success of Spotta’s smart pest systems with a $1.18 million seed funding round.  This investment reflects Spotta’s huge potential in global markets in farming, forestry, hospitality, and other sectors to solve the £320 bn ($400 bn) problem of insect pests while dramatically reducing pesticide use. Representatives of Cambridge Angels and […]

Wasabi partners with Bink and Acteol to revamp loyalty programme and deliver a market leading experience in a new retail landscape

Bink, the Payment Linked Loyalty® business, is partnering with sushi and bento restaurant Wasabi to overhaul its loyalty programme and provide new channels to acquire additional loyalty members. This new functionality will be available to Wasabi customers in Q3 2020 and means that stamps will automatically be added to their account whenever they make a […]

Novai closes £500k seed funding for transformational AI-led eye disease detection

Novai was founded by Professor Francesca Cordeiro from UCL and Imperial College London. When applied to images taken using the DARC (Detection of Apoptosing Retinal Cell) technique developed by Professor Cordeiro, Novai’s AI algorithm is able to accurately predict progressive glaucomatous damage 18 months before current gold standard OCT retinal imaging technology.   Novai’s technology […]

Health tech company Neurovalens raises more than £5 million to advance medical device approvals of its neurostimulation technology

   Northern-Ireland founded, international scale-up aims to treat conditions including diabetes, insomnia, anxiety and obesity     Neurovalens’ technology was created in collaboration with world renowned research facilities at the University of California San Diego. The vision of the company is to use technology that can influence the brainstem and hypothalamus in a non-invasive way to […]

How to talk about that down round

Monzo’s recent £60m ‘down round’ has been one of the most high profile and widely reported casualties of the pandemic in the sector. Last month, the digital bank agreed a deal with existing and new investors at a £1.24 billion valuation, taking a 40 per cent haircut on its £2 billion valuation in June of last […]

Positive Technologies finds 13% of phishing attacks in Q1 were related to COVID-19

The research report, Cybersecurity Threatscape Q1 2020 shows 22.5 percent more attacks in the first quarter of this year than Q4 2019. In Q1 2020, there were 23 very active APT groups whose attacks targeted mostly government agencies, industrial, finance, and medical institutions. Analysis showed that more than a third (34%) of all malware attacks […]

Design software for Additive Manufacturing TOffeeAM raises £1 million in Seed funding to expand their innovative team

  TOffeeAM was founded in 2019 at Imperial College London by Francesco Montomoli, CEO, Marco Pietropaoli, COO, and Audrey Gaymann, CTO. The IP is based on four years of research at Imperial College. The company now licenses its software, TOffee, to businesses using AM. TOffee creates crucial structures within smart industrial production, such as coolant […]

CyberSmart raises £5.5million to fund growth following increased demand for cybersecurity

  CyberSmart has seen a massive increase in demand from SMBs to protect their businesses, with a revenue increase of 300% over the last twelve months. The lockdown period has accelerated the uptake of their cloud-based technology, which is fully automated and can be implemented with the click of a mouse, without a time-consuming visit […]

£1.1m investment in AI-enabled in-home neurocognitive assessment platform

This is the second investment that Par Equity has made in BrainWaveBank. The investment will be used by BrainWaveBank to further develop its technology, to scale its commercial activities, and to roll the platform out into the global clinical trials market. BrainWaveBank’s product is a unique, highly scalable digital technology platform which combines a proprietary, […]

Angel CoFund appoints Olivia Nicoletti to bring further deep tech expertise to team 

Olivia holds a PhD from the University of Cambridge for her work in nano-optics and the equivalent of an M.Sc. and a B.Sc. in Physics from Universita’ Statale di Milano. She joins the fund from her previous role as Commercialisation Manager at Cambridge Enterprise, the technology transfer arm of the University of Cambridge, where she […]