The London based RegTech startup raised capital from a group of finance veterans and Innovate UK to expand its paperless document distribution technology.
"At ALT/AVE, we have all worked in financial services and we saw first-hand how much paper is wasted in banking. How banks communicate with customers is closely regulated – for good reason – however, institutions are so fearful of non-compliance that modern technology is wildly underutilised. Ultimately, this means the sector continues to waste paper, and have a negative impact on our planet."
The company has received funding from Innovate UK to apply its artificial intelligence platform to glioblastoma multiforme research.
"The goal of GlamAI is to break new ground in applications of AI for drug discovery and accelerate the path to personalized medicine in labs around the world. We are very proud of the progress we’ve made so far to validate our approach. Through our partnership with King’s College London, GlamAI will collaborate with experts in glioblastoma multiforme and will secure access to disease cell-lines that best represent the tumor in patients. The funding received from Innovate UK is key to progress this highly innovative project and to accelerate the path to treatment for this deadly disease."
The Manchester-based cyber education institute raised the pre-seed round from a syndicate of investors and government schemes to scale its operations.
"At a time when the value of tech degrees is in decline, there is an urgent need for disruption in cyber-security education. At CAPSLOCK, we’re determined to drive this disruption. By unlocking the potential of adults in the UK, and eliminating the financial barriers to reskilling, we’re changing the face of cyber-security and making it more accessible to people of all backgrounds."
The grant from Innovate UK will fund a research-led software project to enable dynamic care planning.
"As a UK health tech scaleup, we were delighted to receive this funding to deliver further improvements in homecare innovation. COVID-19 has both highlighted the urgent need for a more connected experience in the domiciliary care sector, as well as driven the rise in demand for the elderly to stay in their homes. We have purpose-built the CareLineLive solution to complete the circle of care, giving homecare staff a platform to easily track and record their patients’ care, families the insight into their loved ones’ care, and patients the peace of mind that their care is being monitored seamlessly. The next step will be increased data insights enabling more proactive interventions. This will ultimately help to integrate person-centred care between all care providers in the future."
