– Mojo is a sexual health startup that offers men discreet help with the awkward issue of erectile dysfunction.
– It’s announcing seed funding to step on the growth gas.
– The £3.25 million ($4.4 million) round is co-led by London early-stage fund Kindred Capital and Octopus Ventures. Angel investors in the round include some familiar names in the European startup world, including Tom Blomfield (Monzo), Julien Callede (Made.com), Ian Hogarth (SongKick), Freddy Macnamara (Cuvva), Alex Rose (Let’s Do This) and Errol Damelin (Wonga).
– The company has built a subscription service to support men’s sexual well-being by providing on-tap access to dedicated therapies.
– It partners with professional psychosexual therapists to provide online courses that are billed as offering a longer-term solution to male sexual health problems versus just popping some blue pills.

– Integrated Finance is a London UK-based fintech infrastructure startup.
– The company raised £2M in Seed funding.
– The round was led by Octopus Ventures with participation from 500 Start-Ups, SuperSeed Ventures, and prominent Angels Chris Adelsbach, Srin Madipalli, and John Erdimansinga.
– The company intends to use the funds to increase product and engineering teams to further develop its platform, alongside building its commercial team to support the growth of new and existing customers.

– Elvie, a women’s health tech company, raised $97m in Series C funding.
– The round was led by BGF and BlackRock alongside existing investors including Octopus Ventures.
– It brings Elvie to a valuation of $1.2 billion.
– The Series C will be used to drive more growth through geographical expansion (including entering new markets) and diversifying its product portfolio to target other “key stages” in women’s lives.

– Olio is a London UK-based community sustainability app.
– Company raised $43M in Series B funding.
– The round was led by VNV Global and Lugard Road Capital with participation from Accel, Octopus Ventures, Rubio, Jason Stockwood, Lord Waheed Alli, DX Ventures, Alumni Ventures and Flight Ventures.
– The new investment will be used to accelerate the company’s international expansion and development of new products.

– Peak, a U.K.-headquartered company offering AI-powered enterprise decision support software, announced that it closed a $75 million series C.
– The tranche, which was led by SoftBank Vision Fund 2 with participation from MMC Ventures, Oxx, Praetura Ventures, Arete, and Octopus Ventures, brings Peak’s total raised to date $119 million.
– The growth potential of AI has become increasingly clear as companies embrace automation and analytics.
– The global AI market value is expected to reach $267 billion by 2027, according to one source, and PricewaterhouseCoopers reports that 25% of companies have adopted AI compared with 18% in 2020.

– Pngme is a San Francisco, CA-based financial data infrastructure and machine learning-as-a-service platform.
– The company raised $15m in Series A funding.
– The round was led by Octopus Ventures with participation from Lateral Capital, Unshackled Ventures, Raptor Group, EchoVC, Future Africa, Two Small Fish Ventures, and a group of individual angel investors including RallyCap’s Hayden Simmons, Plaid’s Dan Khan, former COO of RBC Capital Markets Richard Talbot, and Intersect VC’s Kyle Ellicott among others.
– The company intends to use the funds to expand its executive team with the hiring of Lorraine Kageni Maina as Chief Strategy Officer and Nick Masson as Chief Technology Officer.

– U.K.-based open banking bulk payment startup Comma has raised £4.34m ($6m) in a seed round of funding led by Octopus Ventures and Connect Ventures and joined by other investors.
– The company says it enables small and micro businesses to bulk-pay bills, salaries and taxes using existing high street small business bank accounts, saving them a lot of time and money in administration.
– This is because BACS is difficult to obtain and costly, and virtual accounts require KYC to set up and add complexity to bookkeeping.

– Elvie, the revolutionary global health and lifestyle brand developing iconic products for women, announces a $80M (£58m) Series C funding.
– The funding round was led by BGF, with further investment from funds and accounts managed by BlackRock and a consortium including Hiro Capital and Westerly Winds, plus existing investors Octopus Ventures and IPGL.
– Elvie brings together a team of world-class engineers, designers and business minds to develop extraordinary products that improve women’s lives – revolutionizing categories which had been overlooked for many years, including breast pumps and pelvic floor health.

– Quit Genius, a NYC-based digital clinic for treating multiple addictions, raised $64M in Series B funding round.
– The round was co-led by Kinnevik and Atomico, with participation from Series A investors Octopus Ventures, Triple Point Ventures and Startup Health.
– The company will use the funds to fuel expansion of its platform in the U.S..

– Collectiv Food, a food supply chain startup, raised $16m in Series A funding.
– The round was led by VNV Global and joined by VisVires New Protein, Octopus Ventures, Norrsken VC and existing investors, including Partech, Colle Capital and Mustard Seed.
– The company operates by sourcing food directly from producers, disintermediating the wholesaler middleman, and delivering straight to professional kitchens.
– Customers include Big Mamma Group, The Hush Collection, Dirty Bones, Megan’s, Crussh, Butchie’s, Cocotte, Tossed and Fresh Fitness Food.

– Rest Less is a digital community to help its members in their 50s, 60s and beyond get content guidance and resources on topics spanning Jobs and Careers, Volunteering, Learning, Money, Health and Lifestyle and Dating.
– The company raised £6.1m in Series A funding.
– The round was led by MTech Capital and Viola FinTech with further participation from existing investors, QED Investors and Octopus Ventures.

– XYZ Reality, a London, UK-based engineering-grade augmented reality company, raised £20m in Series A funding.
– The round was led by Octopus Ventures.
– The company intends to use the funds to prepare HoloSite’s commercial launch in the USA, continue investment in strengthening research and development, and grow its London team to include key hires across technology, manufacturing, sales and marketing.

– Overture Life from Madrid develops automated IVF process to lower costs and increase throughput for IVF practitioners.
– Series B $15m round brings total funding to $37m.
– The round was led by Octopus Ventures, with participation from GV, as well as existing investors Khosla Ventures, Felicis Ventures, and Marc Benioff.
– The new investment will be used to increase operations in Europe and the US and begin commercialization of its first products.

– Taster has raised a $37m Series B funding round.
– The round was led by Octopus Venture, Battery Ventures, Latitude (LocalGlobe), HeartCore, Rakuten, GFC and Founders Future.
– The company operates dozens of restaurants that only exist on food delivery platforms.
– You can’t book a table — there is no table.
– Taster has been focusing on five street food-inspired concepts so far — Bian Dang (Taiwanese food), A Burgers (plant-based burgers), Mission Saigon (Vietnamese food), Out Fry (Korean food) and Stacksando (Japanese street food).
– After that, Taster has opened dozens of kitchens across 40 different cities and listed its kitchens on food delivery platforms such as Deliveroo and Uber Eats.

– Ibex Medical Analytics announced a $38m Series B financing round led by Octopus Ventures and 83North, with additional participation from aMoon, Planven Entrepreneur Ventures and Dell Technologies Capital, the corporate venture arm of Dell Technologies.
– Ibex transforms cancer diagnosis by harnessing unique artificial intelligence (AI) and machine learning technology at an unprecedented scale.
– The company’s Galen™ platform supports physicians and providers to improve diagnostic accuracy and efficiency, and enables development of new AI tools for precision medicine in oncology.
– Pathologists play a crucial role in the detection and diagnosis of disease, with their assessment being vital for correct treatment decisions in cancer care.
– However, a rise in cancer prevalence and advances in personalized medicine have resulted in growing diagnostic complexity that significantly increases pathologists’ workloads.

– Wefarm, a social networking platform aimed at independent farmers to help them meet each other, exchange ideas and get advice, and sell or trade equipment and supplies, has raised $11m funding.
– The funding is an extension to the company’s 2019 Series A, and is being led by Octopus Ventures.
– True Ventures (which led the 2019 round), Rabo Frontier Ventures, LocalGlobe, June Fund and AgFunder also participated.
– Wefarm has raised $32m since being founded in 2015.
– To date, London-based Wefarm has primarily found traction in countries in East Africa.
– Its service is available via a website, but most of its users are accessing without any internet use at all, via the company’s SMS interface.