With so much going on in the thriving London Tech ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in London Tech News for the week ending 2/3 featuring news for Mondra, Clave, and much, much more.
Lapse – $30M
Lapse, a photo sharing app for friends, has raised $30M in Series A funding led by Greylock and DST Global. Founded by Ben Silvertown and Dan Silvertown in 2021, Lapse has now raised a total of $42.3M in reported equity funding.
Orbital Materials – $16M
Orbital Materials, an AI-assisted platform for finding mew materials, has raised $16M in Series A funding led by Radical Ventures. Founded by Daniel Miodovnik, James Gin, and Jonathan Godwin in 2022, Orbital Materials has now raised a total of $21M in reported equity funding.
Baseimmune – $11.3M
Baseimmune, an AI-based platform that predicts virus mutations to expedite vaccine development, has raised $11.3M in Series A funding led by Merck Global Health Fund and IQ Capital. Founded by Ariane Gomes, Joshua Blight, and Phillip Kemlo in 2019, Baseimmune has now raised a total of £13.2M in reported equity funding.
Superfluid Finance – $5.1M
Superfluid Finance, a protocol for near real-time crypto transfer platform, has raised $5.1M in venture funding led by Fabric Ventures. Founded by Francesco Renzi, Michele D’Aliessi, and Zhicheng Miao in 2020, Superfluid Finance has now raised a total of $14.1M in reported equity funding.
NayaOne – $4.7M
NayaOne, a sandbox-as-a-service platform and marketplace for fintech applications for financial services companies, has raised $4.7M in venture funding from investors that include EJF Capital, Valley Ventures, Carthona Capital. NayaOne was founded by Karan Jain and Matt Allan in 2019.
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Mondra – £3.6M
Mondra, a platform for the food supply industry to measure, manage, and monitor environmental impact, has raised £3.6M in venture funding from investors that include AlbionVC, Ponderosa Ventures, PeakBridge, Vala Capital, Green Circle Foodtech Ventures, and 7 Generation Ventures. Mondra was founded by Jason Barrett in 2020.
KIT-AR – €3.3M
KIT-AR, an augmented reality platform to improve worker safety in manufacturing facilities, has raised €3.3M in venture funding led by BlueCrow Capital and 3xP Global. Founded by Felix Mannhardt, Joao Costa, Manuel Oliveira, Simon Julier, and Youngjun Cho in 2018, KIT-AR has now raised a total of $6.9M in reported equity funding.
Yurtle – £1.4M
Yurtle, an employer-sponsored benefits platform for caregivers, has raised £1.4M in Seed funding led by Insurtech Gateway and Mustard Seed Maze. Yurtle was founded by Antonio Ribeiro in 2021.
Clave – $1.6M
Clave, a smart account platform for crypto and account abstraction, has raised $1.6M in Pre-Seed funding led by Matter Labs. Clave was founded by Baki Er in 2023.
Moonhub – $1.4M
Moonhub, a virtual reality training platform, has raised $1.4M in funding led by Unconventional Ventures. Moonhub was founded by Dami Hastrup, Hannah Sutcliffe, and Vinh Ly in 2016.
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