The London software business has closed a Series C round backed by Insight Partners and existing shareholders to fund international growth.
"At Insight Partners, we invest in fast-scaling software companies. The Pollinate platform creates white-labelled digital marketplaces for the business customers of the world’s largest banks"
— Emmet Keeffe III, Operating Partner at Insight Partners and Founder of Insight IGNITE
The seed round was led by XTX Ventures and Prostate Cancer Research to support regulatory approvals and clinical studies.
"We are tremendously excited about the potential of this system to enhance our ability to detect cancer accurately and early. We are now looking forward to working with hospitals and radiology and urology partners to prove the technology and bring it into clinical use. Covid-19 has created a serious backlog in cancer screening and Lucida Medical is well placed to help us clear this and improve the care that we offer further over the coming years."
The over-subscribed funding round was organised by West Hill Capital to support the deployment of Lilli's machine learning care platform.
"The timing for this new preventative approach to care and integration of our smart technology is crucial in meeting the needs of ageing population, this has only been exacerbated by COVID 19. The role of technology has a vital role to play in the future success of care delivery across the UK and globally."
The social investment application raised £14.4m in a Series A convertible offering led by Ventura Capital.
"There is a revolution going on in retail investing. Invstr is here to support that revolution against the new and old dark forces of the financial establishment. We’ve taken the best investment techniques from the rich and made them available to everyone. We help our community members understand their individual investing style and performance, choose stocks that suit their portfolios, share ideas publicly, in groups or private messages, test out their strategies in Fantasy Finance® before they take any real risk and then perform all of their banking and brokerage needs in a single place. Our members are winning the fight. Our real money $100,000 Challenge and Invstr Fantasy League champions are spectacularly outperforming the market and Wall St."