The Week’s Deals From Oct 10 to Dec 14 An Opportunity For Growth Business Overview.

A platform for customer engagement earns PS93m

Manchester-based Connex One has raised PS93m in Series C financing. Based in London, GP Bullhound made an undisclosed contribution to the round.

Connex One’s customer service platform lets businesses call customers, make online forms, review reports, and schedule shifts. It also includes AI to redirect customers to the most appropriate person within the company.

The app for children’s money has amounted to PS50m

A mobile app that helps adolescents and children has brought in $55 million (PS49.4m) as Series B financing. Backers such as Edison Partners and Ravana were joined by a new Investor Nexi during the funding round.

GoHenry is named after the app’s first customer, a child that teaches children under 18 years old financial independence through pre-paid debit card and an education and management application. Parents are provided with a “companion” application to set goals and track the amount they spend.

Threat modeling platform spots PS25.8m.

IriusRisk, the cyber-attack threat modeler, is securing PS25.8m as Series B financing. Deep tech and cyber security investors Paladin Capital Group led the round, with participation from the current shareholders SwanLaab Venture Factory, BrightPixel Capital, 360 Capital, and Eveready.

Threat modeling identifies and manages security risks and addresses design flaws at the beginning of the project. IriusRisk assists architects, developers, and security engineers in discovering problems and fixes to their software and also advise on which areas to invest in security.

Zen Educate gets a PS19.3m gold star.

Zen Educate, a platform that connects schools with full-time and temporary teachers and teaching assistants, has obtained PS19.3m as Series A financing. Brighteye Ventures and Adjuvo co-led the round with involvement from Ascension Ventures, several private investors, and family offices.

The platform offers teachers and schools an alternative to hiring agencies. It gives teachers all the necessary information for their work and allows the software to run numerous checks throughout the teacher sign-up process for recruiters.

Construction procurement startup raises PS15m

Digital procurement startup, YardLink, has secured $17.5m (PS15.7m) in an investment round in Series A to digitalize the building industry. Beringea led the round, including participation from Amplifier and other investors, including Speedinvest and FJ Labs.

YardLink’s construction purchasing solution permits contractors to get immediate access to more than 500 verified equipment, tools, extensive materials, fuel, and waste management suppliers. The suppliers can get booked and paid directly via the platform.

A platform for student finance grants PS2.5m

Edtech Blackbullion has raised PS2.5m to assist students at universities to gain a better grasp of their funds. Calyx Venture Fund led the round, including the existing investor Lord Stanley Fink and MPA Education.

Blackbullion works with universities to offer students financial education and tools they can use, including bursaries, scholarships, and grants.

A psychedelic startup that is with PS2.1m seed capital

Clerkenwell Health, a psychedelic-specialist clinical research organization, has raised PS2.1m in seed funding. Lionheart Ventures, Convergence Partners, and Exceptional Ventures are among its supporters.

The clinical trial of Clerkenwell Health uses psilocybin-assisted therapy to assist patients with terminal cancer during their last days of treatment. The company has partnered with various drug developers and is testing drugs combined with talk therapy.

Pockets for website builders with side hustles PS1.3m

A startup that helps side hustlers build a brand online using easy-to-build, multi-functional websites has taken in $1.5m (PS1.3m) for pre-seed capital. Notion Capital and Credo Ventures were the investors in the round.

Munch allows its users to design customized websites by using an editor that can be dragged and dropped. According to the company, the websites can be created in a matter of minutes to maintain and monetize. Munch is entirely free to use and earns profits when users use it.

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