Albion News

Funding led by the UCL Technology Fund with participation from: Nationwide Building Society, Pentland, Amadeus Capital Partners and AI Seed Hazy, the London-based AI company enabling ethical, effortless and GDPR-compliant data sharing for responsible businesses, has announced an additional $1.8 million seed funding led by UCL Technology Fund, alongside Nationwide Building Society, Pentland, Amadeus Capital Partners, AI Seed and other investors. This takes Hazy’s total seed funding to $2.8 million following a $1 million investment from M12 and Notion, awarded to the company in May, after Hazy... read more
Big Data and Enterprise Intelligence scale-up Quantexa has secured USD20 million (GBP15.2 million) in Series B funding. Albion Capital participated in the round, led by Dawn Capital, with return backers HSBC also participating. The new funding will be used to further develop Quantexa’s unique technology and support its international expansion. The investment follows continued success this year as the firm announced partnerships with Deloitte and HSBC to help prevent money-laundering activity and improving customer insight with Shell. British Patient Capital, the new wholly-owned commercial... read more
uMotif
uMotif, the data capture company putting patients at the centre of clinical research, has raised £2.4 million in its latest funding round led by Albion Capital, the leading independent investment manager, along with several angel investors. uMotif’s software platform provides the patient-facing technology required to capture real-world data (eCOA, ePRo, eConsent) for the next generation of clinical research initiatives – from early phase to post-marketing trials. The technology is already in use by top pharma companies across Europe and North America, including AstraZeneca, Novartis and UCB... read more
Bloomsbury AI
The UCL Technology Fund is very proud to have backed BloomsburyAI and we are delighted that they are joining Facebook team in London.   For the full story please visit https://lnkd.in/eiX6Zsy read more
Dysis
DYSIS Medical Ltd, the developer of the innovative DYSIS Ultra colposcope used in cervical cancer screening, announces today the completion of an £18 million ($25 million) investment. For the full story please click here read more
Oxsensis
Modern aviation owes much of its success to gas turbine engines that convert fuel into massive thrust, enabling large passenger aircraft to travel long distances at high speeds. Jet engines, however, require large fuel loads, most of which is carried in fuel tanks that span both of an aircraft’s main wings. The Airbus A380, for example, has a maximum fuel capacity of over 85,000 gallons. To ensure the safety of flight, the commanding pilot is required to accurately monitor and log fuel consumption rates to properly manage the plane’s weight and balance.  Understanding the critical importance... read more
MeiraGTx
UCL Technology Fund investment MeiraGTx Holdings plc (‘MeiraGTx’), the clinical stage gene therapy company, has raised $75million at IPO, pricing five million shares at $15.00 per share on the Nasdaq Global Select Market on June 12 2018. The UCL Technology Fund (UCLTF) is managed by Albion Capital in collaboration with UCL Business (UCLB), UCL’s commercialisation company, and is dedicated to bringing UCL’s world-class research in life and physical sciences to commercial reality. MeiraGTx is its first investment to IPO. MeiraGTx has strong roots in UCL; its rare eye diseases business was borne... read more
Siemens, PSE to collaborate on model-based solutions Strategic collaboration of Siemens and PSE extends integrated digitalization portfolio for process industries Close linkage of Comos, Simatic PCS 7 and Simit with PSE’s gPROMS Advanced Process Modelling technology Integrated use of Advanced Process Modelling along plant lifecycle Model-based solutions are essential complements of the Siemens portfolio Siemens AG and Process Systems Enterprise (PSE), the Advanced Process Modelling (APM) company, today announced at Achema that they have signed a long-term collaboration agreement to bring the... read more
Matr, the online teaching platform, has announced it has closed a £4.75 million Series A investment round led by the UCL Technology Fund and Downing Ventures, with follow on investment from Ananda and innovation charity Nesta, and Sherry Coutu joining as an angel investor. The company has now raised £8.25 million in funding. Following an initial focus on providing online teaching to support children in UK schools, via the company’s Third Space Learning brand, the new investment will be focused on developing the Matr platform to support families at home, catering to a global teaching and... read more
Panaseer
Cyber security software company Panaseer has secured USD10 million in a Series A funding round led by Evolution Equity Partners with participation from existing investors including Notion Capital, Albion Capital, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments. The Panaseer platform uses proprietary algorithms to perform ‘entity resolution’ to create an accurate view of an organisation’s assets, such as devices, applications and people. The platform continuously measures the security of these assets by automatically analysing data from the myriad of... read more

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