Atomic experiments, satellite intelligence and virtual operating rooms are all featured in this week’s MaddyMoney!
Peptone raises £33m to unite atomistic experiments with supercomputing technology
Peptonethe molecular computational physics company focused on protein drug discovery, announced the closing of a £33m Series A funding round to develop the world’s most advanced facility dedicated to large-scale resolution of complex and problematic intrinsically disordered protein structures, pioneering a new class of potential therapeutic targets and drugs.
The round was led by F-Prime Capital and Bessemer Venture Partners, with participation from Walden Catalyst Ventures and existing investors including Hoxton Ventures and dRX Capital, the venture capital arm of Novartis.
“Messy proteins operate just at the point where physics becomes biology,” said Kamil Tamiola, Ph.D., co-founder and CEO of Peptone. “By taking a rigorous, computer-driven experimental physics approach to analyzing proteins, we can go beyond traditional drug discovery approaches and observe protein behavior that algorithms like AlphaFold cannot. This new funding will allow us to advance our platform and support the study of the universe of disordered proteins with a view to developing drugs of the future.
Earth Blox secures £1.5m funding from Archangels for global expansion of no-code Earth observation software
Our skies are full of satellites acquiring incredible amounts of intelligence. Fortunately, a Scottish technology company earth block allows users to create personalized information using these satellite and geospatial data in an easy way.
The company’s no-code technology is designed to meet the growing need of a wide range of industries, businesses and users to quickly and easily access Earth observation information for strategic planning. , monitoring and reporting. With net zero and ESG as key drivers, the Earth Observation (EO) market for value-added services like Earth Blox is expected to double over the next ten years from £1.86 billion sterling in 2021 to £3.97 billion by 2031.
Earth Blox has just secured £1.5m funding from Archangels to expand its global reach and further develop its no-code EO cloud-based SaaS.
Tech platform for clinicians to ‘show up’ in theaters around the world raises £66m in Series C funding
Proximity is the technology platform that enables clinicians to virtually travel to any operating room from anywhere in the world. Enable clinicians to share their skills, experience and knowledge in real time.
The global health technology platform has announced a successful Series C equity funding round, following a year in which Proximie saw a significant increase in its total contract value, supported more than 13,000 surgeries and expanded its global footprint to 100 countries.
Dr. Nadine Hachach-Haram, CEO and Founder of Proximie, said, “Our vision is to democratize surgery through better data by connecting every operating room and cath lab around the world. We started this journey allowing surgeons to reach virtually any operating room. Now, we’re using that capability to digitize the operating room, bringing patients the collective expertise of the world’s top surgeons – where data collected and shared on Proximie can help them receive lifesaving care, wherever they live.
Webio secures £3.3m to scale conversational AI in collections and payments industry
Irish start-up Webioa leader in conversational AI in the credit, collections and payments industry, announced a Series A funding round, led by Finch Capital, for £3.3m.
Webio’s technology has enabled leading UK and European companies to communicate conversationally with customers throughout their credit and collections journey, making difficult payments conversations easier.
“Conversations about money are stressful and difficult, not only for the customer but also for the agents tasked with having those conversations. Going digital means businesses can create a whole new set of digital experiences that help customers to feel more confident in these difficult conversations and ultimately prevent them from falling into unnecessary and significant financial difficulties,” says Cormac O’Neill, co-founder and CEO of Webio.
F-Prime Capital, Bessemer Venture Partners, Walden Catalyst Ventures, Hoxton Ventures and dRX Capita
Lytical Ventures, Sony Innovation Fund and Flashpoint.
Advent Life Sciences, Emerson Collective, SoftBank Vision Fund 2, British Patient Capital, Mubadala & Minderoo Foundation
Stonegate Group, SoftBank Investments, Fuel Ventures and Pembroke VCT
Finch Capital and others
Sky to anchor new £100m venture capital fund with Founders Factory to champion early-stage climate startups
The new fund – Planet Fund – will attempt to fill the funding gap that exists for early-stage climate startups, providing entrepreneurs with Founders Factory’s robust approach to building a business with high-conviction capital, execution support and an unrivaled network.
The new fund will focus on broad sustainability themes including decarbonization, resource conservation, climate resilience and the circular economy.
The support builds on decades of successful environmental initiatives, including Sky’s ongoing net zero commitment – sky zero. Sky plans to move Sky Ocean Venturesand the 25 startups it has invested in since its launch in 2018.
In the news of international investment
TestGorilla gets $70 million in Series A to help companies eliminate hiring bias
The online skills assessment platform TestGorilla announced a $70 million Series A funding round co-led by the London-based venture capital firms Atomic and Balderton Capitalbringing the company’s total investment to $80 million.
TestGorilla has attracted over 5,000 customers, less than two years after its launch in summer 2020. These include Sony, PepsiCo, Bain & Company, Oracle, Revolut, H&M and the UK National Health Service . G2, the world’s largest software marketplace, recently named TestGorilla to its prestigious list of the five fastest growing software products for 2022.
Founded by a serial entrepreneur Wouter Durville and former partner of Bain & Company Otto VerhageTestGorilla makes the recruitment process more fair, efficient and data-driven by enabling organizations to use skills assessments as soon as candidates apply for vacancies.
NFTPort raises $26 million to become the leading NFT infrastructure
PortNFT, the company that builds NFT infrastructure for developers, announced the closing of a $26 million Series A funding round. The round will allow NFTPort to scale its core product that enables developers to bring their NFT applications to market in hours, instead of months.
NFTPort’s mission is to build the infrastructure that will underpin this change and enable developers to make the Internet owned by citizens, through a decentralized NFT infrastructure.
NFTPort is used by over 30,000 developer teams, including some of the most well-known Web3 companies including Nifty Gateway and Protocol Labs. As of March 2022, developers through NFTPort have created over 1 million NFTs on Polygon – 10% of all NFTs hit on the Polygon channel.
Rayon raises $2M pre-seed to deliver next-gen collaborative space design software
Rayonspace design software makers, today announced the successful completion of a $2 million pre-seed round, which will be used to grow the Rayon team, refine its product and launch its offering in October of This year.
Reyon provides online design software that allows users anywhere to draw, share, and work together on floor plans right in their browser. By accelerating the design phase, uniting teams around a single source, and replacing time-consuming cross-platform workflows, today’s users have been able to work up to three times faster than before.
Bastien Dolla, co-founder of Rayon says, “There are over 30 million people working on floor plans every day. […] Our goal is for Rayon to become the fastest and easiest way to work on floor plans as a team.