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Barocal raises £7.4m from VCs to develop solid state cooling and heating systems without refrigerant gases
Barocal is a Cambridge University spinout developing solid-state cooling and heating systems using pressure-driven materials. The technology replaces refrigerant gas systems and is designed for applications including data centre cooling and commercial refrigeration.


Hypervision Surgical secures a £17m Series A led by Heal Capital to equip surgeons with next-gen tissue imaging
Hypervision Surgical develops imaging technology that provides real-time insights into tissue during surgery. Its platform enables surgeons to assess tissue physiology beyond what is visible to the human eye, supporting intraoperative decision-making.


Alesi Surgical secures £7m in funding led by IW Capital for surgical smoke removal technology
Alesi Surgical is a medical technology business that develops systems to remove surgical smoke during operations. Its platform uses electrostatic precipitation to clear smoke at the point of generation, improving visibility and reducing exposure to harmful particles for surgical teams and patients.


Oxa closes £77m Series D led by National Wealth Fund for autonomous vehicle technology in industrial environments
Oxa develops autonomous vehicle software and robotics systems that automate repetitive driving tasks in industrial environments. Its technology enables businesses to deploy self-driving vehicles for activities such as moving goods, monitoring assets, and operating in ports, airports, and manufacturing facilities.


Lumai raises £8m Series A led by Constructor Capital to reduce AI data centre costs and energy use
Lumai develops optical computing hardware that accelerates AI inference while significantly reducing power consumption and costs in data centres.


AI-powered autonomous testing platform Diffblue secures £5m amidst rapid growth
Diffblue develops generative AI software that autonomously writes tests for Java code, helping engineering teams improve coverage, reliability and productivity without manual effort.
More venture news
- 20 Jul 2026

XentraXentra lands £2.7m in funding from Maven to provide subscription-based cyber security, safeguarding and compliance to SMEs
EquityCybersecurity - 16 Jul 2026

Applied ComputingApplied Computing secures £15m in funding led by KBR to build foundation AI models for energy operations
EquityIndustrial - 16 Jul 2026

TyredTyred lands £2.5m in funding from Raw Ventures and Ada Ventures for its bike ownership and repair platform
EquityMobility