London-headquartered proptech company Least has raised £1.5m funding in its seed round, led by Love Ventures. Least is a leasing platform that aims to quicken the process of taking out leases by digitising the heads of terms and automating tasks. Leon Ballard, co-founder of Least, said: “Having developed a unique market-leading solution for the commercial ... Read more ›
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Cleo, a digital assistant that provides personalised financial support for Generation Z, has raised $80m (£65.8m) at a $500m valuation to “double-down” on its US expansion. Founded in 2016, Cleo says that millions of young people have used its chatbot to manage their finances. The London-based fintech said it will use the capital to expand ... Read more ›
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Investment firm Entrepreneur First has raised $158m (£129.9m) in Series C funding from a who’s who list of notable technology founders from the likes of Stripe, Monzo and Wise. Entrepreneur First plans to invest $100m over the next three years into the “next generation of tech founders”. Entrepreneur First has attracted 13 angel investors who ... Read more ›
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Energy analytics platform Modo Energy has its sights on European expansion following its £3.2m pre-Series A round of funding led by Fred Olsen Ltd. Birmingham-based Modo Energy is an energy asset analysis platform that provides users with data, research and benchmarking tools for energy storage. “We’re seeing more and more companies incorporate an asset success ... Read more ›
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London-based fintech Ophelos has raised £5m in new funds for its artificial intelligence (AI)-powered solution for the debt collection industry. Founded in 2021, Ophelos uses machine learning technology to challenge what it considers to be poor practices in the debt collection industry, particularly during a time of increasingly high-interest rates and debt. Its platform allows ... Read more ›
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Venture capital firm Praetura Ventures is receiving a further £5m funding commitment from British Business Investments (BBI) as part of the Regional Angels programme, which aims to make capital available to startups across the UK. Manchester-based Praetura Ventures will use the £5m capital to back high-growth businesses around Britain. It follows on from BBI’s £15m ... Read more ›
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Birdie, a London-based health tech startup focusing on transforming the state of elderly care, has raised $30m (£24.5m) in a Series B funding round. Founded in 2017, Birdie is aiming to reinvent home healthcare and support older generations with an all-in-one software solution. Birdie’s services include scheduling visits, creating care plans, preparing audit reports, invoicing, ... Read more ›
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UK Prime Minister Boris Johnson has unveiled a package to support Ukraine’s science, technology and research sectors amid Russia’s ongoing bloody invasion. The support package includes increasing funding from £3m to £9.8m for the Researchers at Risk scheme to help more than 130 Ukrainian scientists, researchers and tech entrepreneurs to resume their work in UK ... Read more ›
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For all the hype surrounding blockchain, the digital ledger technology is still mostly associated with cryptocurrencies like Bitcoin. Practical, real-world use cases beyond decentralised finance remain scarce. But one area where blockchain has been showing promise is in supply chains. “All the hype and froth around crypto can be a real distraction to the rather ... Read more ›
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Innovate UK, the British state investment agency, has awarded a £500,000 grant to Cambridge-based Riverlane and California-based Rigetti Computing to solve the issue of error correction in quantum computing. The partnership between the US and UK quantum computing firms, backed by British government funding, aims to resolve the “single greatest challenge to unlock quantum’s full ... Read more ›
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Life science company Cytomos has added an extra £1.6m in capital to its seed funding to continue developing its cell analysis platform Cytomos Dielectric Spectroscopy (CDS). The Edinburgh-headquartered company’s platform can be used in drug development, bioprocessing, vaccine production and for cell and gene therapy manufacturing. “We now have the growth capital required to advance ... Read more ›
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Screenloop, a startup using data and automation to speed up the hiring process, has raised $7m (£5.7m) in seed funding. Hiring can be a complex process for businesses, particularly in the tech industry, where there is such an intense pressure to scale up rapidly. This can lead to rushed hires where the ideal candidate is ... Read more ›
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London-headquartered fintech Atlantic Money today has gained its licence to act as a payments institution in Europe and can now operate its service across the continent. Atlantic Money, which emerged from stealth in March, received its licence through the National Bank of Belgium. It follows the company receiving its Financial Conduct Authority (FCA) licence, a ... Read more ›
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Speech recognition software company Speechmatics has raised $62m (£50.3m) to aid its expansion into the US and Asia-Pacific in its recent Series B round led by Susquehanna Growth Equity. Headquartered in Cambridge, Speechmatics has built speech-to-text software that can understand 34 languages. According to the firm it has been exposed to “millions of hours” of ... Read more ›
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The co-founder of Wise is among a handful of tech entrepreneurs who have launched Plural, a new investment platform with a €250m (£215.6m) venture fund to back early-stage startups. Plural has been created exclusively by former founders and operators with years of experience in growing startups. The idea is for Plural investors to take a ... Read more ›
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London-based employee scheduling software company Rotageek has received £3m in capital in a funding round led by Volution, Calculus Capital, and Gresham House Ventures. The software as a service (SaaS) company uses artificial intelligence (AI) to help business owners organise staff rotas. The software, which also helps to improve rotas and predict demand, is used ... Read more ›
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Gearset, a tooling provider for Salesforce software, has raised $55m (£44.9m) to expand its product line and grow its sales and marketing teams across both the UK and US. Backed by the new funds, the Cambridge-based company has also established new offices in Belfast and Chicago. Founded in 2015, Gearset aims to simplify the process ... Read more ›
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London-based Magical Mushroom Company has raised £3m in seed funding to scale its eco-friendly packaging and to fund its first raw material production plant in Nottinghamshire. The Magical Mushroom Company has come up with a potential solution to replace the use of plastic and cardboard in packaging. It does this by mixing agricultural waste with ... Read more ›
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InvestEngine, a London-based investment platform, has raised more than £1.5m in an equity crowdfunding raise. Around 1,200 individuals participated in the raise via crowdfunding platform Crowdcube, more than doubling InvestEngine’s £700,000 target. The round – InvestEngine’s first public fundraise – took place over eight days. InvestEngine’s commission-free platform provides a range of investment accounts, including ... Read more ›
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Around 1.5 million UK small and medium enterprises (SMEs) owners anticipate a loss of business this year due to the rising cost of living and soaring inflation. A survey has found the majority (42%) of SMEs and micro businesses view rising inflation as the biggest threat, followed by energy prices (38%). This information comes in ... Read more ›
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16.06.2026 22:04
Last update: 21:40 EDT.
News rating updated: 04:50.
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