BGF has provided £3m in funding to action sports brand Ruroc to support the launch of its new motorcycle helmet and international expansion.
"The past two years have been phenomenal, and we want to leverage this momentum to reach even more Ruroc riders globally. Our direct-to-consumer model has helped us focus on product design and quality manufacturing and buck the trend for the action sports industry which relies heavily on large distribution chains."
Angel Academe backed the wearable technology maker in a round led by Ros Singleton.
"Since we first met them, doppel has been through 2 sets of customer shipments and a manufacturing iteration, so has matured significantly as a business. The doppel team are open, enthusiastic, customer-focused and resilient and the product works with lots of positive stories of how it helps customers control their stress levels."
The investment will provide working capital to support the continued scale up of the company.
"Spectral Edge continues to pioneer in the imaging sector, with market opportunities across a broad range of sectors. We are proud to have Spectral Edge within our portfolio of deep tech companies, all developing leading-edge AI and generating strong IP."
Deepbridge Capital led the Series A round with participation from MSIF to accelerate product development and international growth.
"vTime offers users the most immersive and intuitive way to engage with others in VR from wherever they are. The advent of consumer AR at scale is allowing us to use decades of expertise to develop another unique way to connect and engage with friends and family in alternate realities. Crucially, Deepbridge share our vision for the future – both in delivering a matchless social XR experience and our expansive plans to monetise and build upon the vTime framework with future technologies."
Deepbridge Capital backs Touch Biometrix in a seed round utilising the Seed Enterprise Investment Scheme.
"We are delighted to be working in partnership with Touch Biometrix at what is an exciting time for the biometric industry. We understand there is an increasing need for secure user authentication technology and we believe Touch Biometrix has the capability to move quickly in this market, with this funding we have provided utilising the Seed Enterprise Investment Scheme being the initial catalyst. We look forward to working with the Touch Biometrix team as the company grows."