London-based Searchland has received £2.3m in seed capital from Fuel Ventures for its platform used by property developers to find suitable land to build on. Searchland’s software gives property developers the ability to search by criteria including land type, land ownership, past property sales, average price per square foot and planning application analysis. Searchland was ... Read more ›
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Dr Nayan Kalnad is the CEO and co-founder of Avegen Health, a company that builds patient-facing apps for those living with long-term conditions such as HIV and diabetes. Avegen Health has created a cloud-based platform, called HealthMachine, that clients can use to design bespoke apps for specific health conditions. The apps are used by over ... Read more ›
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Obrizum, a Cambridge-based data-driven upskilling platform, has boosted its funding to $17m (£14m) with a Series A investment of $11.5m (£9.5m). Obrizum claims it can improve the performance of employees across any sector through its adaptive learning process. The startup has created a platform that uses automation analytics to provide businesses with digital learning assessments ... Read more ›
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Nearly a third of 18-34-year-olds do not realise that they can get into debt using buy now pay later (BNPL) services, a report has found. A survey by loan provider Creditspring found that 14% of those aged 18-34 have used BNPL to pay for services and goods, with 34% of those saying they use it ... Read more ›
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The UK’s burgeoning space sector is set to benefit from a new £1.84bn funding commitment from the British government, announced in Paris at the European Space Agency Council of Ministers meeting. Out of the £1.84bn UK space funding commitment, £71m will be made available to smaller firms developing technology that reduces the dependence on nations ... Read more ›
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Funding for tech startups in South Yorkshire has more than doubled in the last four years, according to new research, underscoring the growth of UK regional tech hubs. The report from Team SY, launched alongside the inaugural South Yorkshire Tech Summit, found that tech startups in the county in the first 10 months of 2022 ... Read more ›
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Berlin-based venture capital investor Earlybird has opened a London office to expand its presence in the UK. The London office, located near Oxford Circus, will “serve as a springboard” to connect its investors with UK and Ireland founders and tech entrepreneurs. Founded in 1997, Earlybird invests in early-stage technology companies – predominantly seed and Series ... Read more ›
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The Business Growth Fund (BGF), a capital investor in startups from the UK and Ireland, has raised its total funding for the UK Enterprise Fund (UKEF) to £80m following a partnership with Coutts. The UKEF fund launched in June 2021 with £40m of committed capital. A further £40m has now been raised through the close ... Read more ›
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Embedded banking provider ClearBank turned a profit on a monthly basis for the first time in October on annual revenues of £45.3m. ClearBank provides the underlying tech for real-time payment clearing on behalf of other corporates. The London-based firm claims it is the UK’s first clearing bank in more than 250 years, joining traditional banks ... Read more ›
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Placed, a London-based recruitment app aiming to bridge the gap between employers and Gen Z workers, has secured £4m in an investment round. The company believes that existing online job-matching websites are an inefficient way to bring young people into the workforce. Placed uses in-app quizzes instead of CVs to source appropriate candidates going through ... Read more ›
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Seed-stage investment outside of London rose by 88% last year in a sign that early-stage startups based in the UK’s regional tech hubs continue to attract crucial capital to get off the ground. By contrast, seed stage investment in London fell by 22% in 2021 compared to the year prior, according to the British Business ... Read more ›
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The UK has raised £360m from US Big Tech firms through the digital services tax (DST) over the 2020/21 tax year, more than the amount raised through corporation tax. In a report published today by the National Audit Office (NAO), it was revealed that government revenue raised by the DST was greater than originally forecast. ... Read more ›
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Starling Bank is no longer supporting crypto transactions for its customers following a review of its position on “financial crime”. The challenger bank implemented the ban yesterday, sending users a notification through the Starling app. The London-based fintech wrote on Twitter: “We always review our position in relation to financial crime. We consider crypto activity ... Read more ›
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The Department for Business, Energy and Industrial Strategy has unveiled £1.5m in funding in for its new AI for Decarbonisation Programme, aimed at reducing the country’s carbon output. Funding will be available via two streams: £1m for AI decarbonisation innovation projects and up to £500,000 towards co-funding an AI virtual centre until March 2025. George ... Read more ›
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When we think of cybercrime, we tend to think of hackers breaking into confidential files, scammers conning innocent civilians, or sophisticated gangs targeting multinational companies – or even government departments. The flip side of this is a soaring demand for cybersecurity jobs to keep on top of the well-documented rise in cybercrime affecting businesses and ... Read more ›
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The UK has taken significant steps towards becoming a global AI superpower, according to new research. A report conducted by WPI Economics on behalf of data platform Splunk examined the use of data in policy-making by France, Germany, the Netherlands, and the UK to determine how effectively the nations have adapted to new technologies like ... Read more ›
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British Business Investments has announced it has committed £350m in the past 12 months to 20 delivery partners. Announced in its annual report and accounts, it brings the bank’s total commitments to date to £3.4bn. Judith Hartley, CEO, British Business Investments, said: “As a ‘through the cycle’ investor and lender we have continued to invest ... Read more ›
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Surfboard, a workplace software platform for the customer service industry, has raised $5m (£4.2m) in a seed funding round. London-based Surfboard was founded in 2021 with the goal of developing software solutions to replace legacy workplace management systems. Surfboard’s collaborative planning software was created with hybrid and remote work in mind, due to their prevalence ... Read more ›
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The UK’s competition regulator has launched an investigation into Broadcom’s $61bn (£51.5bn) acquisition of VMware. The Competition and Markets Authority (CMA) is inviting interested parties to submit comments as part of a preliminary phase one investigation. If it finds further grounds for competition concerns then the CMA will progress the investigation to phase two. US-headquartered ... Read more ›
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Management at Shell has said the company will need to review the green energy investment projects announced as part of a £25bn pledge following the extension of the windfall tax. The oil giant in March pledged £25bn to invest in UK sustainable energy projects, including “low and zero-carbon products and services, including offshore wind, hydrogen ... Read more ›
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29.06.2026 19:58
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