The Newcastle Angel Hub connects growing businesses with investors and is delivered by the Innovation SuperNetwork.
Portfolio
4
companies
BioStress Lab
BioStress Lab develops biometric software to measure and manage workplace stress.
Drone Ag
Drone Ag builds drone technology and smart data analytics to improve farm management and soil sampling.
Dyman Advanced Materials
Dyman Advanced Materials produces synthetic diamonds for industrial markets.
Safer Date
Safer Date runs an online dating platform designed to ensure user safety and eliminate anonymity.
The funding follows successive investment rounds supported by angel networks and regional accelerator programmes.
"This is an overwhelming amount of money and we are thrilled to be able to continue with our new product development. It is very exciting to have such a wide range of investors both from the North East and across the UK, not to mention the RAIA funding – we have a lot of people backing us on this journey."
The Wakefield-based company raised capital from angel investors and Innovate UK to advance its biometric platform.
"We are excited to be taking this big step to revolutionise workplace stress management and tackle the debilitating economic and health effects of stress. We would like to thank our investors, Innovate UK and NorthInvest – this funding will help further develop our technology and accelerate our global growth."
The Northumberland agricultural technology firm raised the funds from Innovate UK, local grants, and angel investors.
"The rural economy is at the very heart of all we do. Our team live and work in rural Northumberland. We understand the issues facing our people and place and have developed our technology to ensure we can effectively take on challenges from soil quality to better land management and food security."
The funding round marks the debut investment for the Women Angels of the North syndicate.
"Safer Date is something that I am so passionate about. My own personal experience opened my eyes to just how unsafe dating apps really are. Previously, I naively thought that they had to vet their users – I was wrong. Most dating apps are full of fake profiles and criminals, including sex offenders."
