The funding coincides with a worldwide partnership to launch the new buildable Kano PC.
"The Education sector is undergoing massive change enabled by technology, and our collaboration with Kano is truly advancing the vision of “technology for all,”"
— Jordan Chrysafidis, General Manager, Worldwide Education Device Sales
Epidarex Capital led the seed round to help the Edinburgh spin-out advance its tumour-associated macrophage platform.
"Decades of research into macrophage biology, particularly that of tumour-associated macrophages, have made it very clear to me that this is an area of significant untapped potential for the development of novel cancer therapeutics. The creation of Macomics based on the research of my group at the University of Edinburgh provides the team with an exciting opportunity to develop new effective cancer drugs against macrophage targets, that will bring real clinical benefit to many more patients suffering from cancer."
— Jeffrey Pollard, Director of the MRC Centre for Reproductive Health at the University of Edinburgh
IQ Capital led the Series A financing to support the cybersecurity provider's continued growth.
"Cyber security has become increasingly important, more so with the global shift to remote working, especially for the SMB market that CyberSmart supports. CyberSmart has already achieved great success by identifying SMBs as a market segment that was underserved by the cyber security industry. The company has a strong product-market fit, is hitting targets well ahead of schedule, and has secured strategic partnerships to further market penetration within the UK and internationally. The team has been incredible to work with over the last year and demonstrated thought leadership and deep understanding of the needs of SMBs, enabling CyberSmart to provide automated, and simple to implement protection for firms with 1-20+ employees"
The £10m Series A investment was led by Sandton Capital Partners to accelerate global expansion and product development.
"Our success in driving and evolving the dash cam category over the past five years has given us a very strong, market-leading position on which to build further. We have grown our business to date without external funding and as dash cams increasingly become an essential part of everyday driving we feel it is time to accelerate our plans. We see this investment as the route to expedite the roll-out of our cutting edge proprietary technology and our territory expansion, bringing this innovative technology to all drivers globally."