European Funding & Business News – 22 October

by | Oct 22, 2021

Creative Vision Finance presents a new approach to media industry finance

There’s a new financing company on the scene for funding in the media and entertainment sector. Creative Vision Finance says it offers a fresh approach to lending, catering to industry creatives, hire companies and broadcasters across the UK and European market. “Unlike traditional banking routes for media financing, we understand how the industry works,” comments CVF Director, Rebecca Price. “We understand technology life cycles, the way that projects are ‘green lit’, the ‘just in time’ approach to delivering kit, and the impact that Covid has had on recent freelance incomes.”

Resistant AI Secures $16.6 Million in Series A Funding

The Prague based artificial intelligence security company helps banks, insurers and other FinTechs uses machine-learning to protect customer’s payment, risk and onboarding systems, as well as spot fraud. “Our mission is to create an intelligent shield for autonomous financial systems, to protect them against these ever-evolving, ever-smarter attacks,’ says Martin Rehak, Resistant AI CEO. ‘That’s the only way we can avoid epidemic fraud, mountains of manual reviews and four-factor authentication on every single online service.” 

£700k Raised For Dementia-Friendly App Helping Unpaid Carers

Isle of Man-based HealthTech startup, Memory Lane Games, has secured £700,000 to improve quality of life for carers and people living with dementia. The investment follows a funding round of £285,000 in 2020. Together with grant support from the Isle of Man government, this takes the business to over £1 million raised since its inception in 2019.  Bruce Elliott, co-founder and CEO of  Memory Lane Games, said, “Memories are a lifeline for people with dementia and their caregivers. We’re committed to improving  post-diagnosis dementia care for the 850,000 people with the disease in the UK and the 50 million worldwide. This funding will enable us to take our technical expertise and user functionality to the next level.”

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