"The widespread success of GLP-1s for weight management has certainly changed the management landscape in obesity, but high discontinuation rates mean that they represent an imperfect solution to a complex issue. With the funding secured in this round, we will be able to significantly progress our path to clinic for DBL’s lead candidates which target greater fat vs muscle loss and provide a much-required alternative to GLP-1s for the majority of users forced to discontinue GLP-1s due to intolerance."
The funding comprises equity from Creative UK and angel investors alongside a grant from Innovate UK.
"We’re excited to support BeamXR with their innovative solution to enable live streaming from a standalone XR headset. We are looking forward to working with the founders as they build and grow this dynamic business."
The funding round was backed by Northstar Ventures, early-stage investors and a grant from Innovate UK.
"We are very pleased to be providing further investment into Wordnerds, including a commitment from the new Northstar EIS Growth Fund. The team at Wordnerds has developed a sophisticated, market leading AI-enabled product which provides rapid and incisive analysis to consumer facing businesses. They have an impressive list of customers and have grown significantly since our initial investment. This round of funding will help them to grow their commercial and product development teams, which will enable Wordnerds to scale at pace. We’re excited to work with the team on the next stage of their development."
Speedinvest led the equity portion of the financing alongside grant backing from Innovate UK.
"Critical to XR’s mass adoption is enabling users to interact with virtual images for as long as they like, without feeling nauseous, and to seamlessly shift focus between physical and virtual environments. Our technology, compatible with LCD, OLED, or any type of display, makes that possible. By projecting a digital image onto a user’s retina, keeps the image in focus regardless of how the eyes adjust to the surrounding world, completely eliminating any discomfort. After more than a decade of research, we’re now ready to take our technology to market, unleashing possibilities across automotive, medical, engineering industries, and more."
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