The financing will be used to expand technical teams and accelerate the commercialisation of its proteomics platform.
"Portal Biotech’s technology offers unprecedented capabilities in protein identification and characterisation, providing unmatched detail on protein structure and modifications at the single-molecule level on accessible desktop instruments that bring this state-of-the-art characterisation to any lab. These powerful advances are essential for accelerating drug discovery and enhancing diagnostic precision, positioning Portal Biotech as the frontrunner in the race to unlock the full potential of protein sequencing."
The Cardiff-based space tech startup has secured the largest Series A round in the UK sector to advance its in-orbit manufacturing missions.
"This funding marks a significant milestone-not just for Space Forge, but for the entire space economy. With the backing of our investors, we're accelerating our mission to make space a practical and accessible platform for industrial-scale manufacturing. Our upcoming launches will prove that the future of materials innovation lies beyond Earth, helping us build a more secure, sustainable, and technologically advanced world."
The Southampton quantum startup raised €5m from a syndicate including EIFO, UKI2S and MBDA to advance its cold atom technology.
"This funding marks an incredible opportunity for Aquark to take quantum technologies closer to broader use. We are proud to have such a strong syndicate supporting us as we achieve this goal. We are aligned in our vision to deliver quantum technologies that will have a beneficial impact on civilian life, infrastructure, and defence. In this way, we are excited to see Aquark continue to contribute to the UK, Europe, and NATO’s quantum strategies."
The seed round was co-led by Kindred Capital, NATO Innovation Fund, and Oxford Science Enterprises.
"In today’s AI race, the limitations of existing hardware – nearly all of which is provided by a single company – represent the biggest barrier to better performance, reduced cost, and wider adoption. Fractile’s approach supercharges inference, delivering astonishing improvements in terms of speed and cost. This is more than just a speed-up – changing the performance point for inference allows us to explore completely new ways to use today’s leading AI models to solve the world’s most complex problems. We’re thrilled to have raised our funding from investors with a wealth of experience in the AI and chip industries, continue to grow our world-class team and further our technological development and partnerships."
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