The London healthtech startup secured backing from Balderton and Pentland to scale manufacturing and regulatory pathways for its continuous glucose monitor.
"During their time at Imperial, they worked in one of the pioneering research groups that invented modern glucose strip technology. Their combined expertise in electrochemistry, biosensing, and medical device engineering laid the foundation for Sava’s next-generation biosensor platform."
The follow-on investment was led by Lowercarbon Capital and Balderton Capital to support international growth and technology development.
"Successive cost of living crises show that our energy system is no longer fit for purpose. Affordable energy isn’t a luxury, it’s fundamental to a decent standard of living and a productive economy. At Fuse, we’re building the technology needed to realise that future"
The round was co-led by GV and TQ Ventures to support international expansion.
"Our mission is to make legal services accessible for everyone while helping consumer lawyers and small firms rediscover the joy of practicing law. This funding will accelerate our US launch, where demand for faster, more affordable legal services is significant. By augmenting the work of human lawyers with our technology, we’re addressing a critical need in the US market and unlocking new opportunities for millions of US attorneys."
Balderton Capital led the pre-seed round, which will fund the development of continual learning models for Proxy assistants.
"Imagine an agent that keeps growing and learning whenever you teach them something new. Over time, the agent will take on mundane tasks allowing you to focus on higher-level tasks that are more impactful and also more enjoyable. The key to our approach is the ability for Proxy to learn and memorise tasks on the job, remembering them for the long term and being able to use its memories to extrapolate to new tasks – just as a person would. Our mission at Convergence is to build new, foundationally different technologies that are a clear pathway to useful intelligence. Balderton shares our vision deeply and we are looking forward to turning it into a reality with them."
The seed extension round was led by Balderton and HV Capital alongside company founder Simon Beckerman.
"Since stepping into the CEO role, Marie has taken DELLI’s growth to the next level, and the momentum is remarkable. Doubling down on our investment was a no-brainer, and I’m excited for what’s to come. DELLI has been one step ahead of shifting consumer behaviours around food and drink, and as more and more people opt for quality, independent craftsmanship over mass-produced and ultra-processed products, I have no doubt DELLI’s growth will continue to soar."