The funding round was led by Deloitte Ventures with backing from Techstars, ZAKA Ventures, and angel investors to support product development and team expansion.
"The knowledge gap around financial literacy, especially for younger generations, is a global problem that has deep societal implications. Prograd’s approach to this challenge offers meaningful benefits to both consumers and financial services."
— Louise Brett, Vice Chairman Deloitte UK and Head of UK Fintech
The seed round was led by White Star Capital and includes debt financing to support expansion into the Middle East and UK property acquisitions.
"Fractal Homes’ platform makes it easier for buyers to own and enjoy second homes in desired European cities. We make second home ownership more accessible by splitting each home into eight equal parts reducing both the initial capital outlay required to buy the home and also the often-overlooked high cost of running a property. Fractal fully manages the property and takes care of cleaning, maintenance and all operational aspects that come with the running of a home to give buyers a hotel-like experience"
The clinical stage pharmaceutical company raised the capital from Mankind Pharma to advance its lead cancer cachexia asset.
"We are thrilled to announce the successful closing of this financing round, which brings our total seed funding to £10 million, well ahead of our original target. The financing includes support from both longstanding and new investors, notably Mankind Pharma, demonstrating confidence in our strategic goal to develop innovative globally approved treatments for cancer cachexia and other muscle wasting conditions. We are particularly pleased by the support from Mankind and warmly welcome Atish Majumdar to our Board of Directors. With these funds, we will complete feasibility activities for the clinical development programme for S-pindolol benzoate, which has shown promising potential efficacy in this area of major unmet need."
The investment round was led by Eka Ventures with participation from notable athletes and institutional backers.
"Everyone at Runna is beyond thrilled with the progress in such a short space of time, and we have to thank our users and investors for their unwavering support. We’re determined to spread the benefits of running with as many people as possible by making it as accessible as we can to people of all backgrounds, body types and fitness levels."