Swedish VC firm EQT Ventures has closed its latest fund at €1.1bn (£967m), despite a global downturn in startup investment. EQT Ventures’ third fund will invest in startups primarily across Europe at a time when UK VC deal volume has plummeted to its lowest level since 2016. The investment firm has been a notable backer ... Read more ›
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GrandNanny, a platform that matches over 50s who have childcare experience with parents searching for part-time childcare, has raised £400,000 in pre-seed funding. The London-based startup will use the extra capital to expand its presence across the UK. Its service is currently available in London, and in Brighton following a recent launch. The funding, shared ... Read more ›
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London-based 3D printing software startup TOffeeAM has raised £5m in a Series A funding round to scale the business globally, with a focus on the US and Asian markets. Founded in 2019 as a spinout from Imperial College London, TOffeeAM develops software used by engineering firms – including Boeing and Rolls-Royce – to design fuel-efficient ... Read more ›
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The North West is home to a thriving and rapidly expanding tech ecosystem. For centuries the region was renowned for connectivity and industry, best exemplified by its trademark canals, railways and factories. In the 21st century, though, it has been transformed into one of the UK’s leading technology hubs. According to data from Tech Nation, ... Read more ›
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Customer loyalty software developer Antavo has raised £8.7m to expand its global presence and secure more clients. The London-based company’s suite of products are used by the likes of KFC, Brewdog and BMW to run unique customer loyalty programmes to incentivise repeat business. In addition to traditional loyalty offerings, such as purchasing a certain amount ... Read more ›
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UK fintech KodyPay has doubled its funding with a $5m (£4.36m) pre-Series A investment for its mobile payments app for businesses. Founded in York in 2018, KodyPay has developed point-of-sale software for businesses to accept online payments in physical locations, such as QR-based table orders at restaurants. The company claims that in-person payments made via ... Read more ›
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Osler Diagnostics has landed $85m (£74.2m) in a Series C funding round for its portable diagnostic medical scanner. Founded in 2017 as a spinout from the University of Oxford, the startup has developed the Osler Origin device, which can perform diagnostics tests out in the field that usually require a lab. “The Osler Origin platform ... Read more ›
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Bristol-headquartered Science Creates Ventures has picked up £15m in funding from British Business Investment’s Regional Angels Programme. Science Creates Ventures invests in UK deep tech firms across the healthcare and environmental sector. It typically backs firms from the pre-seed stage to Series A. The British Business Investment funds will largely be invested alongside the VC’s ... Read more ›
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Digital recruitment platform Job Protocol has raised £1.3m for its crowd-based hiring system that uses blockchain technology. Founded in 2022, Job Protocol is looking to replace traditional recruiters with a crowdsourcing platform in which companies list job openings alongside a “bounty” fee paid to whichever recruitment firm or freelance recruiter finds the right candidate. Recruiters ... Read more ›
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Web3 startup Eterlast has left stealth mode having secured $4.5m (£3.9m) in funding for its blockchain-based gaming experiences. Eterlast develops NFTs in association with sporting and media franchise partners. The digital assets can be collected by consumers and used as part of gaming experiences. The company has begun the development of blockchain games based on ... Read more ›
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Myndup, a mental health platform used by employees at the likes of Savills, Dentons, and The Prince’s Trust, has secured £4.4m in an oversubscribed Series A funding round. The London-based startup provides therapy, counselling, mindfulness, life coaching, career coaching and meditation digitally to employees. Employees can use the service for free, anonymously and select their ... Read more ›
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Ask anyone to name the first search engine that comes to mind and there’s a high likelihood they’ll say Google. It hasn’t always been this way. Over the past three decades, the answer to that question has also been Yahoo, Ask Jeeves, WebCrawler, AOL Search, or Netscape. British search engine company Mojeek is hoping to ... Read more ›
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Digital upskilling platform 5Mins AI has raised $5.7m (£5m) in a seed round for its social media-inspired staff education technology. Founded in 2021, 5Mins AI is a platform that hosts employee training content that staff can engage with in a similar fashion to social media content. The platform stylistically borrows heavily from the app TikTok, ... Read more ›
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Photo-sharing social network Instagram has partnered with British digital identification startup Yoti to roll out facial age estimation technology in the UK to verify whether a user is a teen or an adult. From Monday, UK Instagram users editing their date of birth to 18 or over will be given the option to upload a ... Read more ›
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The official charity of Everton Football Club has launched a community digital skills lab in Merseyside with the aim of equipping children with the technology skills for the jobs of tomorrow. Everton in Community will house the digital skills lab at its People’s Hub. The lab contains equipment to educate young people on robotics, virtual reality, ... Read more ›
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Business Secretary Grant Shapps has revealed Teesside is to become home to the UK’s first large-scale merchant lithium refinery in a boost for the country’s battery industry. The government has given Green Lithium a grant of more than £600,000 to build the refinery through the Automotive Transformation Fund. Lithium is a material commonly used in ... Read more ›
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Climate tech startup Carbon Re has raised £4.2m in seed funding for its AI platform that spots inefficiencies in energy-intensive industries to reduce carbon emissions. Founded as a joint spinout of the University of Cambridge and UCL, a key focus for Carbon Re is the cement industry, which was the target of Carbon Re’s Delta ... Read more ›
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The Department for Digital, Culture, Media and Sport (DCMS) has announced it’s launching an inquiry to establish the “risks and benefits” of non-fungible tokens (NFTs) and blockchain technology. The NFT inquiry will focus on whether “vulnerable speculators” are put at risk by the market and examine if more regulation is needed before a Treasury review. ... Read more ›
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Online furniture retailer Made.com is expected to enter administration as soon as Monday, leaving 500 staff – largely UK-based – out of work. Shares in the London-listed company were suspended last week after the company stopped taking customer orders. It has so far been unable to find a buyer in the necessary time frame. Insolvency ... Read more ›
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Lancaster-based sustainable battery startup LiNa Energy has closed a £3m late seed funding round to accelerate the company’s technological development and growth. Founded in 2017 as a spinout of Lancaster University, LiNa develops sustainable, low-cost energy storage tech. Its flagship product is the sodium battery, which it claims offers lower costs and greater safety than ... Read more ›
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16.06.2026 00:24
Last update: 00:11 EDT.
News rating updated: 07:10.
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