With so much going on in the thriving London Tech ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in London Tech News for the week ending 17/8 featuring news for Clearly.Earth, Cocoon, and much, much more.
Avian Labs – $15M
Avian Labs, the company behind instant global payment app Sling Money, has raised $15M in Series A funding led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Founded by Mike Hudack in 2022, Avian Labs has now raised a total of $20M in reported equity funding.
Hexarad – £11.2M
Hexarad, a teleradiology platform, has raised £11.2M in growth funding led by MTIP AG. Founded by Dr Amy Davis, Dr Farzana Rahman, Dr Jaymin Patel, and Dr Sam Dumonteil in 2016, Hexarad has now raised a total of £15.7M in reported equity funding.
Gaussion – $12M
Gaussion, an EV charging technology startup, has raised $12M in Series A funding led by Autotech Ventures. Founded by Tom Heenan and Chun Tan in 2017, Gaussion has now raised a total of $15.5M in reported equity funding.
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Cocoon – $5.4M
Cocoon, a climate tech materials company that turns steel manufacturing byproducts into materails for the production of cement, has raised $5.4M in Pre-Seed funding led by SOSV, Wireframe Ventures, Gigascale Capital, and Celsius Industries. Cocoon was founded by Eliot Brooks, Will Knapp, and Freddie Scott in 2023.
Clearly.Earth – $4.3M
Clearly.Earth, an emission tracking and management platform for fleet operators, has raised $4.3M in Seed funding led by Pace Ventures Enigma and Nine Realms. Clearly.Earth was founded by Danielle Walsh and Pedro Baiz Villafranca in 2021.
Adamo Foods – $2.5M
Adamo Foods, an alternative meat startup, has raised $2.5M in Seed funding led by joyful Ventures and Future Planet Capital. Adamo Foods was founded by Pierre Dupuis in 2021.