The latest venture capital, seed, pre-seed, and angel deals for London startups for 15/10/2021 featuring funding details for Plum Fintech and much more.
#LondonTech
Mojo Raises £3.25M for its Pill-Free Sexual Wellness Platform for Men
There are scores of startups looking to sell men medication for the treatment of erectile dysfunction. There are millions of men using these services to seemingly improve their sexual health. Mojo is a sexual wellness platform that helps men overcome their erectile dysfunction by taking a holistic and medication-free approach. Offered as a subscription, the platform offers access to therapists that provide tailored plan of action that includes video courses, exercises, live events, and group sessions to help men overcome the psychological issues that are affecting their performance in the bedroom. Mojo is also used to address sexual anxiety, porn addiction, and other causes of sexual performance issues. The subscription is £50 for a quarterly subscription after a 7-day free trial. London TechWatch caught up with Mojo Cofounder Angus Barge to learn more about how Mojo seeks to replace the blue pill as the first course of action when it comes to sexual dysfunction for men, the company’s strategic plans, and latest round of funding led by Octopus Ventures and Kindred Capital.
The London TechWatch Startup Daily Funding Report: 14/10/2021
The latest venture capital, seed, pre-seed, and angel deals for London startups for 14/10/2021 featuring funding details for Fika, TradingView, and much more.
Cord Raises $17.5M for its Platform that Makes Any SaaS Application Collaborative With Just a Single Line of Code
The first instance of multiplayer mode for non-entertainment use can be traced all the way back to 1968 when Douglas Engelbart of Stanford demoed collaborative document editing, teleconferencing, and manipulation of on-screen elements in what has been dubbed “The Mother of All Demos”. In the 50+ years since these features have become commonplace but not truly collaborative across the average 80+ SaaS applications that an organization uses. Cord brings the true power of collaboration to SaaS applications with a single line of JavaScript. With this single line of code, SaaS application providers can instantly make their applications more collaborative by introducing features like chat, presence, annotations, integrations with task managers and Slack, screen recordings, audio messages, live cobrowsing, and video chat. Building these features internally would not only be costly but also require significant development resources. London TechWatch caught up with Cord CEO and Cofounder Nimrod Priell to learn more about how the founding team’s time at Facebook led to the inspiration for the business, the company’s strategic plans, recent round of funding from investors that include Index Ventures, Elad Gil, Jeff Morris Jr., Charlie Songhurst, Guy Podjarny, and Matt Robinson.
AKT Raises £1.5M for its All-Natural Deodorant Brand That Works Anywhere on the Body
The global deodorant and antiperspirant market is expected to surpass $80B this year; the organic personal care products market is expected to grow at 9.3% through the latter part of this decade. Sitting at the intersection of the two is AKT, a direct-to-consumer all-natural, plastic-free premium deodorant brand. Rather than the conventional roll-on or spray, AKT’s three scents are designed as a balm that can be applied to any part of the skin without fear of irritation. Each tube, designed to keep you smelling fresh all day, retails for £18 and is also available as a subscription through AKT’s site. London TechWatch caught up with AKT Cofounder Ed Currie to learn more about how the found team’s experience sweating under the bright lights as theatrical performers inspired the brand, the company’s strategic plans, and latest funding round from Stronebridge.
The September 2021 London Venture Capital Funding Report
September was a strong funding month for startups in London with over £1.2B pulled in across seventy deals including six mega ($100M+) deals. Aggregate statistics for all London funding deals by stage of funding (Early, Series A, Series B, and Late) including mention of notable rounds for September 2021.
The London TechWatch Startup Daily Funding Report: 11/10/2021
The latest venture capital, seed, pre-seed, and angel deals for London startups for 11/10/2021 featuring funding details for Elliptic, Vidsy, and much more.
#Londontech Week in Review: 3/10/21-9/10/21
11 fundings; £155M+ in new funding for London startups. London Tech News for the week ending 9/10 featuring news for Tuune, Wayve, and much, much more.
Coinrule Raises $2.2M for its Automated Trading Platform for Crypto
Black box trading has long been used by traders in the financial markets. Traders establish a set of buy and sell rules based on pre-programmed logic and the “black box” monitors the market and automatically initiates trades when the defined conditions are met. Programmatic trading comprises the majority of trading on the major exchanges. Coinrule’s platform brings similar functionality to crypto trading. Traders can set up automated trades based on 150+ predefined conditions or even customize their own parameters to directly trade on the most popular crypto exchanges including Binance, Coinbase, and Kraken. With the crypto markets operating 24/7, the automation also serves as a risk management tool. The company offers several monthly tiers ranging from free to $449/mo. Coinrule, a graduate of Y Combinator, is quickly approaching 100K traders on its platform that have traded $1B of cryptocurrencies. London TechWatch caught up with Coinrule Cofounder Oleg Giberstein to learn more about the state of crypto trading, the company’s future plans, latest round of funding from investors that include Y Combinator and Urban Innovation Fund.
The London TechWatch Startup Daily Funding Report: 7/10/2021
6 new funding totaling £38M+. The latest venture capital, seed, pre-seed, and angel deals for London startups for 7/10/2021 featuring funding details for Tuune, Peckwater Brands, and much more.