TLDR:
- Red Rover Interactive secures £12.06M Series A funding led by KRAFTON
- Skyports raises £88.6M in Series C funding
Every week, Maddyness brings you the latest investment news from the UK startup ecosystem. This week, major investments include Red Rover Interactive securing £12.06M in Series A funding led by KRAFTON for their upcoming game, Project Coltrane. Skyports also raised £88.6M in Series C funding to build out vertiports for air taxi services in Dubai by 2026. Additionally, Sorted, a recycling tech startup, raised £1.65M to improve material sorting with AI, and Treefera raised £9.59M for their AI-platform focusing on nature-based asset reporting. PeppercornAI, an insurtech company, raised £3.25M to enhance their conversational AI platform for insurance policies.
Further investments include Impact Shakers Ventures launching a £17.2M fund for diverse impact entrepreneurs, 14Peaks Capital closing a £24.13M fund for B2B SaaS companies, and APEX announcing the second close of its Elite Performance Venture Capital Fund with new star athletes as investors. Midas raised £36.2M to expand its retail investing products, while PLD Space secured £103.17M in funding and HoloSurge was awarded a £7.65M Horizon Europe grant for hologram technology in surgical planning. Lastly, TOCA Football received an investment from World Chess Champion Magnus Carlsen.
