Arron Shepherd

July saw a variety of Series A investments make the pages on Deal Lite’s UK Tech News and all fascinating companies…. Praetura Ventures has invested in Lunio - a growing ad tech business aiming to tackle invalid and fraudulent traffic, and prevent advertisers losing millions in ad spend on fake clicks - joining existing investors Smedvig Ventures and Fuel Ventures 🚀 Good luck 🌈 Neil Andrew in targeting new sectors and achieving your global growth plans 🍀 Byway the travel tech startup and B Corporation championing flight-free travel, has raised £5 million in an oversubscribed Series A funding round. The round was led by Heartcore Capital with participation from Eka Ventures and re-investing Byway angels. The funds will be used to accelerate the development of Byway’s unique journey-planning technology, JourneyAI, and to fuel its expansion into new regions. Super news 🙌 Leading Human Risk Management Platform, CultureAI announced it closed a £7.7 million Series A funding round. The funding was jointly led by Mercia Ventures and Smedvig Ventures, with existing investors Passion Capital and Senovo also continuing their support. Founder James Moore will significantly invest in the evolution of the product, expand his team across all departments and plans to increase the company’s market profile and presence in the US 🚀 AI due diligence provider, Xapien, announced the completion of its £8 million Series A funding round led by YFM Equity Partners, bringing total funding to £14 million. Xapien will use the new capital to continue to redefine how businesses understand their third parties, enabling organisations of any size to carry out comprehensive due diligence in minutes, not days. We love your ethos Chris Green 👍 Passionfruit, a platform that empowers businesses to grow via collaboration with independent workers, has raised £7m in a Series A funding round to further its mission to make the full potential of the modern workforce more accessible to brands around the world. The round was led by Seaya with participation from existing Seed round investors firstminute capital, Playfair Capital, Cornerstone VC and Portfolio Ventures . Excellent work Issah A., Raffi Salama 🎉 4D Biomaterials – a UK company whose innovative biomaterial has potential to be used for a wide range of 3D printed implants and surgical devices – has raised £3.4m. The funding round was led by Oshen Holdings and backed by DSW Ventures, SFC Capital, Boundary Capital Partners LLP and private investors including several leading scientists and surgeons. It will enable the company to complete pre-clinical testing of its first product range and seek FDA clearance for entry into the US market – wishing you and your team all the best Phil Smith 🥂 #VC #Capital #Funding #SeriesA #UKStartUp

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