Albion News

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
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
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
Healios
Healios, the digital therapy company for mental health, has raised £2.2m ($3m) in its latest funding round, led by investors Albion Capital and Spice Capital. Founded in 2013, Healios empowers young patients and families affected by mental illness and neurodevelopmental conditions through combining the use of technology with specialised clinician expertise and evidence-based clinical tools. Utilising its unique digital platform, Healios enables the efficient delivery of family-centric care, delivering a revolutionary interactive experience across multiple family members. Its technology-driven... read more
Koru Kids
Koru Kids has announced a seed funding round totalling £3.5m The round was led by leading tech VCs Forward Partners and Albion Capital JamJar Investments and several high profile angel investors also took part 30% month on month growth as demand from parents for its unique model blooms Koru Kids, the London based startup on a mission to fix the broken after-school childcare landscape, has successfully completed a raise of £3.5m in what was an oversubscribed seed round. The ambitious business, which is growing at a rate of 30% monthly, is taking on the UK’s £11bn childcare market by... read more
Huge congratulations to Vishal Marria, CEO and founder of Quantexa for winning the Developing Entrepeneur award, in recognition of outstanding personal and company achievements and Rachel Carrell, founder of Koru Kids for being a finalist in the Female Entrepreneur and Social Entrepeneur categories! Last night at The 2018 Enterprise Awards in associaiton with WCIT.  read more
M12 Award
Hazy, the data anonymisation software developer formerly known as Anon AI, has won M12’s Innovate AI award, receiving a $1million investment from M12 in partnership with Notion. Innovate AI is a global competition launched by M12, formerly Microsoft Ventures, to recognise and award capital to high-potential AI and machine learning start-ups. Ten finalists each in North America, Europe and Israel competed in a live pitch-off where their ideas were evaluated by a panel of experts from Microsoft and a local venture capital manager. The investment awarded to Hazy adds to the £340,000 pre-seed... read more

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