Tech Trail - news on funding for tech companies

Cable backs new initiative to fund small business

tquested@businessweekly.co.uk (Tony Quested) — Thu, 13 Jun 2013 12:56:35 GMT

A major breakthrough in investment and funding for innovative small businesses was launched at Westminster this week with the backing of Business Secretary Vince Cable.

CleanTech firm scales up with £6.75m funding

tquested@businessweekly.co.uk (Tony Quested) — Wed, 13 Mar 2013 08:05:19 GMT

Cambridge technology that removes wind farm clutter from Air Traffic Control radar screens could be rolled out by the end of the year after startup Aveillant clinched £6.75 million fresh funding.

Evergreen angel spreads its wings

tquested@businessweekly.co.uk (Tony Quested) — Tue, 12 Mar 2013 10:45:13 GMT

The Martlet angel investment vehicle in Cambridge UK is receiving inquiries from cash-hungry business and technology propositions from all around the world and anticipates having invested more than £1 million before the end of its second year of operation.

Domainex raising £1.5m

newsdesk@businessweekly.co.uk (Kate Sweeney) — Thu, 14 Feb 2013 13:52:12 GMT

Cambridge drug discovery company Domainex is raising £1.5 million to accelerate research by Big Pharma players in the epigenetics arena.

Healthcare equipment still high on the list for VCs

newsdesk@businessweekly.co.uk (Kate Sweeney) — Sun, 27 Jan 2013 23:29:19 GMT

In a shaky economic climate, where fund raising has become tight and there are decreasing opportunities to exit the market, venture capital firms have become extremely cautious in choosing their investments.

Cambridge alerted to €80 billion robotics research cash

tquested@businessweekly.co.uk (Tony Quested) — Thu, 24 Jan 2013 12:06:42 GMT

Robotics technology specialists in Cambridge companies and the university have been handed a golden chance by the UK government to clinch significant funding for research.

Imperial adds lather to £3m software round

tquested@businessweekly.co.uk (Tony Quested) — Wed, 23 Jan 2013 12:26:21 GMT

Imperial Innovations, which has a burgeoning investment portfolio in the Cambridge technology cluster, has injected £1.5 million into Semetric, the firm behind global music analytics specialist, Musicmetric.

Cambridge funds back powertrain technology

tquested@businessweekly.co.uk (Tony Quested) — Wed, 23 Jan 2013 12:20:19 GMT

Cambridge based innovation investors Martlet, headed by Peter Cowley, and Qi3 (led by Nathan Hill) were part of a syndicate that invested around £500k in a London engineering business developing diesel electric hybrid powertrain technology.

£1 billion Cambridge technology brain gain

tquested@businessweekly.co.uk (Tony Quested) — Wed, 23 Jan 2013 10:45:54 GMT

Science & technology companies that have their research roots in Cambridge University in the UK have now raised more than £1 billion in funding.

Frontier claims £1.58m crowdfunding record for new game

tquested@businessweekly.co.uk (Tony Quested) — Tue, 22 Jan 2013 13:22:36 GMT

Cambridge UK games trailblazer Frontier Developments has raised over £1.5 million in a record-breaking crowdfunding campaign via Kickstarter.