One of the stars of the UK fintech scene, Thought Machine, has cut its annual losses by a quarter to £63m in 2023 while new deals boosted revenues to £48m. Unicorn Thought Machine, valued at £2.2 bill... Read more ›
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Computing startup LightSolver has been selected for the European Innovation Council (EIC) Accelerator Program. The company will receive an initial grant of €2.5 million from the EIC Fund combined with... Read more ›
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Computing startup LightSolver has been selected for the European Innovation Council (EIC) Accelerator Program. The company will receive an initial grant of €2.5 million from the EIC Fund combined with... Read more ›
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UK deeptech Monumo, who is redesigning the electric drive unit, has been awarded £750,000 in funding from Innovate UK, part of UK Research and Innovation (UKRI). Monumo’s 3D Generative-AI Technology (... Read more ›
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Today the UK government announced it has supported 98 AI projects with a share of £32 million, benefiting over 200 businesses and research organisations, spanning a range of sectors including public ... Read more ›
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Ukrainian mobility app developer Boosters (from the Genesis ecosystem), which develops popular mobile apps including Promova, Manifest, and JustDone has sold one of its most successful products, the s... Read more ›
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Accounting SaaS AccountsIQ and IRIS Software Group (IRIS), a global leader in accounting, edtech, and human capital management solutions, will partner to provide an integrated suite of cloud-based pay... Read more ›
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Copenhagen eyeglass lens maker ABH Optics has raised €1M Pre-Seed funding.Founded in 2022 the company has developed novel eyeglass lenses using nanotechnology that are notably thinner and more cost-ef... Read more ›
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Mixed reality gaming start-up MixRift has secured $1.6M in Pre-Seed investment from leading investors, including Outsized Ventures, Underline Ventures, and SOSV. The backing will support MixRift in ac... Read more ›
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Plant scarcity, a critical consequence of climate change, demands a radical overhaul of plant production. According to Friederike von Rundstedt, CDO and plant specialist at RoBoTec, we are at the begi... Read more ›
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Monzo, one of the UK’s most well-known challenger banks, has topped the 10 million personal customer mark in the UK, it announced today.It was only in February this year, that Monzo said it had reache... Read more ›
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Alternative asset fund service provider ACE Alternatives has raised a seven-figure seed round investment from industry veteran Bob Kneip. As part of this investment, Kneip will also assume the role of... Read more ›
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The UK has seen a near year-on-year tripling of fintech investment to $7.3bn in the first half of 2024, amid a global downturn in fintech investment. The figures, published by accountancy firm KPMG, s... Read more ›
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Board Intelligence, a UK-based board technology and advisory firm co-founded by Jennifer Sundberg and Pippa Begg, has raised a majority investment from software-focused investor K1. The funding will b... Read more ›
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Swiss AI startup DemoSquare has secured €1.28 million (CHF 1.2 million).DemoSquare develops AI technologies to help companies anticipate regulatory changes. As political uncertainties and regulatory t... Read more ›
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Quantum error correction tech company  Riverlane has raised $75 million in Series C funding, bringing their funding to over $122 million.Planet First Partners led the round, with participation from ET... Read more ›
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Mixed reality gaming start-up MixRift has secured $1.6M in Pre-Seed investment from leading investors, including Outsized Ventures, Underline Ventures, and SOSV. The backing will support MixRift in ac... Read more ›
2
New Motion Labs (NML), a developer of drivetrain technology for the mobility and industrial markets, has secured over £890,000 equity investment from the South West Investment Fund via the appointed F... Read more ›
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Dcubed, a German spacetech supplier, has closed its Series A funding, which was 26 percent oversubscribed. The Munich company makes space missions accessible by developing durable and affordable relea... Read more ›
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Public electric vehicle (EV) public charging network Eleport is expanding into Croatia and Slovenia through the strategic acquisition of Austrian-based Charge Point Operator TurboVolt.Eleport develops... Read more ›
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10.06.2026 07:55
Last update: 07:51 EDT.
News rating updated: 14:52.
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