The Series A round was led by MMC Ventures with participation from In-Q-Tel, White Star Capital, and Oxford Capital.
"As a long-standing service provider to the UK government, we’re committed to supporting its National Cyber Security Strategy initiatives. OnINBOX’s ability to help our employees differentiate between real emails and the latest in highly targeted and well-crafted phishing emails helps us to maintain our high-security standards."
Fortunis Capital provided the £400k seed investment to support the sports connectivity platform.
"Sport changes lives and is a force for social good. Sportsmen and women all over the world are desperate to play but need someone to play with. This easy-to-use App can find that playing partner for them…"
The record European medtech financing was backed by new US investors and existing partners including LGT and Cambridge Innovation Capital.
"We are pleased to welcome new US investors whose calibre and scale are reflective of the scale of CMR's mission to transform surgery. I would also like to thank our existing investors for their long-term commitment in supporting this company to achieve its global mission. The significant capital injection in a UK scale-up reconfirms my belief that the Cambridge eco system has fostered a unique pool of diverse talents and competencies that will help drive our innovation in the years ahead. With new and existing investors onboard, CMR is well-placed to make surgical robotics accessible for all."
The InsurTech company has secured backing from e.ventures and Octopus Ventures to expand its product offerings and technical capabilities.
"We’re delighted e.ventures have joined Octopus Ventures in backing our vision. There’s real momentum behind genuinely disruptive insurance propositions, but we see the opportunity for a much broader platform creating different death services, as well as disrupting the world of insurance. Distribution is key for us, we began life as a direct-to-consumer proposition but there’s a big opportunity for us to distribute our products through other brands. We’re pleased to have proved that our product serves the market and now we’re focusing on scaling the business. This funding will help us to expand our technology and create additional products including digital wills, accidental death and critical illness cover. We’re also able to grow our team and relocate to bigger business premises."
The funding round was led by UCL Technology Fund, Parkwalk, and Innovate UK to support sensor development and clinical trials.
"Coronary heart disease is endemic worldwide but far too often the decision to implant a stent is based on sub-optimal information. Our technology addresses the ‘grey zone’ of patients where the requirement for a stent is currently difficult to determine. By using advanced optical sensing technology, we hope to significantly improve the accuracy of current treatments, saving healthcare costs and preventing unnecessary operations for patients that could be treated with medicines."