TLDR:
- Praetura Ventures invests in ad tech company Lunio to tackle fake traffic in online advertising
- Gendo, an AI platform for architects, raises £860K pre-seed to transform visualizations
Every week, Maddyness brings the latest investment news from the UK startup ecosystem. This week, Praetura Ventures invested in Lunio, an ad tech business aimed at eliminating fraudulent traffic in online advertising. Gendo, an AI platform for architects, raised £860K to transform how designs are visualized. Additionally, a new robotics business called VersaTile Automation has launched in Blyth, Northumberland, to revolutionize productivity in UK warehouses using artificial intelligence.
Preactiv, an innovative prehabilitation platform, raised over £500K to revolutionize preoperative care. PortSwigger, a security software provider, secured £88.4M in funding. Zeti, a fintech company for clean transport adoption, received a £5M investment. Zedify, a cargo bike delivery network, secured £4M to triple its turnover. Vortex IQ, an AI-powered automation platform for e-commerce, received £800K in funding. Cambridge Electric Cement (CEC) raised £2.25M to industrialize low carbon, circular cement production. Stability AI secured new significant investment and appointed Prem Akkaraju as CEO. XOXO Soda raised £4M to launch a new generation of healthy sodas in the UK.
Seaya closed a £254M climate-tech fund to invest in impact-driven companies, while Sustainable Ventures invested 12 times more money in female-founded startups than the industry average. These investments represent a diverse range of sectors and technological advancements in the UK startup ecosystem.
