BusinessCloud

✨ Revealed: Our #RegTech 50 ranking for 2024 ✨ Our readers and an expert judging panel (see below) have together decided the 50 companies blazing a technology trail in regulation. The ranking  – supported by digital transformation experts Sputnik Digital – celebrates businesses of all sizes creating original tech solutions for regulation, risk management and fraud detection. CUBE, a digital regulation platform, tops the ranking ahead of online investigations software firm Blackdot Solutions. CleverChain, NorthRow and CheckedSafe complete the top five. CheckedSafe is an inexpensive SaaS platform for any type of digital compliance which replaces cumbersome and archaic paper-based checklists with a smartphone app. In seventh spot, behind Nivo, is C365Cloud – a SaaS platform for managing risk, compliance, health & safety, and CAFM Help Desk, complemented by a mobile app for field service management. Elliptic, ComplyAdvantage and TAINA Technology Limited complete the top 10. Also featuring is Konfir, which provides instant employment & income verification, plus insights, to empower businesses to streamline processes, reduce costs, mitigate fraud, and enhance decision-making with real-time data. Many thanks to our judges 🙏 • Edward Emerson, head of digital regulation, techUK • Chris Steele, partner – banking risk & regulation, KPMG UK • Kimberley Waldron (Fintech PR), founder & MD, Started PR • Jonathan Symcox, editor, BusinessCloud https://lnkd.in/eGVrZR5q

Today's newsletter: The big stories of 2024 in our Review of the Year; Samantha Seaton steps down after 8 years as Moneyhub CEO; GlobalData Plc unveils £340m ‘M&A firepower’ deal; serial entrepreneur Felicia Meyerowitz Singh named chair at Delio; The Bettii Pod raises funds for innovative menstrual product with support from Lifted Ventures; & Apadmi reports record annual growth

What were the most eye-catching investment deals done in May? We've identified 150 of the game-changing tech deals that we've reported on in 2024, including: Cambridge #MedTech Bicycle Therapeutics raising $555m in equity financing led by a US-based healthcare-focused investor. Kevin Lee is the CEO. Orca AI, led by co-founder and CEO Yarden Gross, securing £18m in new funding in a round led by OCV and MizMaa Ventures. LabGenius closed a £35m Series B financing round led by new investor M Ventures . James Field is the CEO. Reactive Technologies Limited raised £25m in Series D funding in a round led by M&G plc’s Catalyst investment. Marc Borrett is the CEO. Vitesse PSP Limited raised £73m in Series C funding led by KKR. Phillip M. and Paul Townsend founded the company in 2014. PolyAI raising almost £40m in a Series C round of funding backed by new investors. Nikola Mrkšić is the CEO and co-founder. Sona, founded by Steffen Wulff Petersen, Oli Johnson and Ben Dixon, raised £22m in a Series A round of funding led by Felicis. Steel City Interactive (SCI), raised more than £15m in funding led by Novator Partners. Ash Habib is the CEO and founder of SCI. #FinTech Abound announced a new financing round which could extend up to £800m. Gerald Chappell is the CEO and co-founder. #InsurTech startup Urban Jungle Insurance raising £11.2m in its funding round, led by existing investors. The company was founded in 2017 by Jimmy Williams and Greg Smyth. https://lnkd.in/eptU22iC

What were the most eye-catching investment deals done in April? We've identified 150 of the game-changing tech deals that we've reported on in 2024, including: Capify UK, launched in the UK and Australia in 2008 by David Goldin, securing a £100m credit facility from Pollen Street Capital. University of Nottingham spinout Locate Bio Ltd raising £9.2m in a round led by Mercia Ventures and BGF. John von Benecke is the CEO. Treefera, co-founded by Jonathan Horn and Caroline Grey, raised £9.6m in Series A funding from AlbionVC. #MedTech CN Bio raised almost £17m, with the funding coming from new investors including Bayland Capital 康君资本 and 中南創發 CN INNOVATIONS. Dr Paul Brooks is CEO. Orbex securing £16.7m from six backers. Phillip Chambers is the CEO. Peter Briffett's Wagestream raised a further £17.5m in funding round from investors including British Patient Capital and Northzone. Phlo raising a further £9m in funding in a round led by Par Equity. Nadeem Sarwar is the founder and CEO. Qureight, founded by CEO Dr Muhunthan Thillai, raised almost £7m in a Series A funding round led by Hargreave Hale AIM VCT. Mimo raised £15.5m of new investment in a round led by Northzone. The company was founded in 2023 by Henrik Grim, Alexander Gernandt Segerby and Andreas Meisingseth. #LegalTech Luminance, who's CEO is Eleanor Lightbody, raised £32m in a round led by March Capital. Warwick Acoustics Ltd has raised £7m in a funding round led by Mercia Ventures. Dr Mike Grant is the CEO. https://lnkd.in/eptU22iC

What were the most eye-catching investment deals done in March? We've identified 150 of the game-changing tech deals that we've reported on in 2024, including: Oriole Networks raising £10m in a seed funding round. WASE securing £8.5m in a round led by Extantia. Dr. Thomas Fudge is the founder and CEO. #FinTech AccessPay, led by Anish Kapoor, closed a funding round at £19m. British Business Bank launched its new Northern Powerhouse Investment Fund II, a £660m fund set to cover the entire North of England and help drive economic growth. Mission Zero Technologies announced a £21.8m Series A investment led by 2150. Dr Nicholas Chadwick is the CEO. PPRO completed a dual tranche funding round totalling £73m. Motie Bring is the CEO. The University of Edinburgh spinout Wobble Genomics Ltd raising £8.5m in a round led by Mercia Ventures and BGF. CEO Dr Richard Kuo founded the business in 2021. #FinTech Flagstone, founded by Andrew Thatcher and Simon Merchant in 2015, received a £108m equity investment. Monzo Bank raising £340m, taking their valuation to almost £4bn. TS Anil has been CEO since 2020. Phagenesis Ltd raised £33m in a Series D funding round led by EQT Life Sciences. Haiper, founded in late 2021 by CEO Dr Yishu Miao and CTO Dr Ziyu Wang, secured £10.8m in a seed round led by Octopus Ventures. Heat Geek raised £3.7m in seed funding. Aadil Qureshi is the CEO. https://lnkd.in/eptU22iC

Today's newsletter: Funding Circle UK appoints Ken Stannard as chair; #crypto startup BVNK raises £40m; Chris Brownlee of Yext explains marketing amid the #AI revolution; SleepCogni strengthens leadership team, secures additional funding; Ripstone lands £600k loan; Bikmo to move up gears with £4.7m backing; plus public-private collaboration LASR to drive innovation in UK national security

What were the most eye-catching investment deals done in February? We've identified 150 of the game-changing tech deals that we've reported on in 2024, including: Sitehop, founded by Ben Harper and Melissa Chambers, raising £5m in seed funding. Lapse raising £24m in Series A funding. The company was founded by Ben Silvertown and Dan Silvertown. Curve Therapeutics secured £40.5m in Series A financing. Simon Kerry is the CEO. YFM Equity Partners, founded in 2005 by Scott Woolaway, backing the £18.1m management buyout of Southampton firm Smart Numbers. #RegTech Napier AI received a £45m investment from Crestline Investors, Inc. Greg Watson is the CEO. MIP Discovery, led by Stephane Argivier, closed a £7m round led by Mercia Ventures. #HealthTech Lilli raising £8.2m in Series A financing led by West Hill Capital. Device Authority raised £5.5m from Ten Eleven Ventures and appointed a trio of cybersecurity veterans to its board. Darron Antill is CEO. Colossyan, a startup led by Dominik Mate Kovacs secured over £17m in a funding round led by Lakestar. #InsurTech Artificial Labs raised £8m in a round led by Augmentum Fintech. David King is CEO and co-founder. EOS IT Holdings, led by CEO and founder Daniel Strain, secures up to $100m (£78m) in credit from HSBC. Amplifi Capital secured £22.5m in funding from M&G Investments. Tobias Gruber is CEO. https://lnkd.in/eptU22iC

What were the most eye-catching investment deals done in January? We've identified 150 of the game-changing tech deals that we've reported on in 2024, including: #FinTech Kriya, led by Anil Stocker, which secured a new £50m funding facility from Viola Group. The University of Edinburgh spinout Carcinotech Ltd raising £4.2m of funding led by EOS Deal Advisory. Ishani Malhotra is its CEO. Xampla, who's CEO is Alexandra French, raising £5.5m in a funding round. Transreport secured a £10m funding package. Jay Shen is the founder and CEO. The Insights Family announcing a £5.6m investment round led by BGF. It was established in 2017 by Nick Richardson, CMRS. IMU Biosciences, led by Adam Laing,  raised £11.5m from Molten Ventures. ForthStar secured $10m (£8m) in funding from Griffin Gaming Partners. Paul Gouge and Alex Rigby are at the helm of ForthStar. Eatron Technologies, led by Dr Umut Genç, secured an eight-figure funding deal. Vertice, founded by brothers Roy Tuvey and Eldar Tuvey, announced a £19.7m fundraise. Recraft raising around £9.5m in funding. The founder and CEO is Anna Veronika Dorogush. Trak Global Security Solutions receiving a £9.75m investment from Foresight Group. #FinTech 10x Banking raised £40m in a round led by BlackRock and JPMorganChase. Antony Jenkins CBE founded the company in 2016. Wildstone, founded in 2010 by CEO Damian Cox, completing a £350m infrastructure refinancing with Deutsche Bank. CellVoyant, a #MedTech spinout from the University of Bristol, raised a £7.6m seed round led by Octopus Ventures. Rafael E. Carazo Salas is the CEO and founder.

Today's newsletter: Steve Oliver on ‘tough life' as a standalone PLC; new Google EMEA boss Debbie W. profiled; 150 game-changing tech deals of 2024, part 2; Software Circle plc's £16.7m M&A war chest; Vypr expands European footprint; finova strengthens leadership team following merger; Nikki O'Sullivan joins Salford Business School Advisory Board; plus funding for Ecomtent, Orbus Software, TTPi - The Thinking Pod Innovations Ltd & TG0

Today's newsletter: The 150 game-changing tech deals of 2024; is Steven Bartlett a ‘clickbait champion’? as The Diary Of A CEO host hits back over misinformation claims; KPMG to lead UrbanChain’s £50m Series B fundraise; sudden exit for Computacenter plc CFO; no emergency in Totalmobile Ltd swoop for Gartan Technologies; Harper ‘riding wave of success’; Embeddable analytics startup raises £5m; plus funding boost for Made Smarter UK North West