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UK Tech News
Oscar Hornstein @ UK Tech News · 03/09/2022 07:14 EDT

Fintech Kolleno collects £4m funding to automate SME repayments

London’s fintech sector continues to boom, with B2B credit control startup Kolleno raising £4m in seed-stage funding, led by Eurazeo and Stride.VC. Euler Hermes, HubSpot and several angel investors also participated in the funding round. Founded in 2020, Kolleno seeks to solve a problem that has plagued small and medium-sized enterprises (SMEs) for years – late payments. ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/09/2022 06:00 EDT

UK energy tech startups are struggling to scale – here’s why

The UK tech industry is booming, with startups raising more than £29bn in 2021. But some sectors are booming more than others. Recent data shows that UK energy tech startups are struggling to scale compared to other areas, such as fintech and AI. There are 950 energy tech companies in the UK and yet just ... Read more

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UK Tech News
George Simister @ UK Tech News · 03/08/2022 12:30 EDT

Pi Labs closes $90m fund to back proptech startups

Proptech venture capital firm Pi Labs has raised $90m (£68.7m) for its latest fund to invest in real estate technology startups globally. London-based Pi Labs will invest in proptech startups that have created proprietary technology to improve any aspect of real estate. It will pick companies at the pre-seed to Series A stage. Investments will ... Read more

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UK Tech News
George Simister @ UK Tech News · 03/08/2022 09:40 EDT

Bristol-based chip designer Zero Point Motion raises £2.58m

Zero Point Motion, a startup designing semiconductor technology for precise motion tracking and navigation, has raised £2.58m in a seed round led by Foresight Williams. The early-stage startup will use the additional capital to develop its motion-sensing chip tech that will initially target the drone and robotics market. Zero Point Motion will also allocate funds ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 03/08/2022 08:40 EDT

Meet the 12 startups in AWS’ first UK healthcare accelerator

Amazon’s cloud computing subsidiary, Amazon Web Services (AWS), has announced the 12 participants that will take part in the company’s first-ever UK healthcare accelerator. First announced in October of last year, the AWS Healthcare Accelerator is a four-week programme to support the growth and functionality of promising healthcare startups in the UK. The cloud giant ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 03/08/2022 07:16 EDT

‘Still a way to go’: UK tech takes stock of industry inequality on International Women’s Day

This year’s International Women’s Day theme is #BreakTheBias, which women in tech are using as a platform to highlight the sector’s long-running and deep-rooted issues. Female tech founders, entrepreneurs and executives have welcomed the strides made towards gender equality in the UK tech industry, but have cautioned on International Women’s Day that there’s much more ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/08/2022 06:14 EDT

Thirdfort secures £15m for anti-money laundering platform

Online verification platform Thirdfort has raised £15m in a Series A funding round led by Breega and Element Ventures, with the founders of ComplyAdvantage, Tessian, Fenergo, R3, Funding Circle and Fidel also investing. The London-based startup has built a platform to provide ID verification and tackle money laundering payment fraud, which has been a major ... Read more

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UK Tech News
Marieke Flament @ UK Tech News · 03/08/2022 05:28 EDT

Web3 and the race for talent: why diversity is critical to success

Web3 is having its moment. At its elemental level, this catch-all term refers to a decentralised online ecosystem built on blockchains, allowing platforms, services and apps to be owned by users instead of by centralised gatekeepers. This is the new world of cryptocurrencies, decentralised autonomous organisations (DAOs), and non-fungible tokens (NFTs). There have been fundamental ... Read more

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UK Tech News
George Simister @ UK Tech News 1 place · 03/08/2022 02:01 EDT

Dutch gig economy platform YoungOnes launches in London

Dutch freelance jobs platform YoungOnes has launched in the UK, starting with London. The platform connects people with temporary jobs in industries such as logistics, retail, events and hospitality. YoungOnes is used by businesses such as Ikea, H&M, Decathlon and Papa Johns when they need to fill staff shortages. YoungOnes said its London launch can ... Read more

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UK Tech News
Nicola Wilkin @ UK Tech News 1 place · 03/08/2022 01:00 EDT

IWD: Removing imposter syndrome and getting more women coding

Today marks International Women’s Day. This year, the theme is #BreakTheBias, which is particularly apt for the technology industry – and even more so in the world of coding. Patterns of gender bias and a general lack of inclusivity are frighteningly evident in this sector. Recruitment firm Harvey Nash recently found that people who identify ... Read more

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UK Tech News
UKTN @ UK Tech News · 03/07/2022 11:00 EDT

Sponsored: How to buy Solana UK in 2022 – 5 sites

Solana (SOL) is currently one of the hottest cryptocurrencies in the crypto market. The asset continues to impress investors, and many wonder how to buy Solana UK easily.  This guide provides all you need to access Solana. You’ll also learn about where to buy Solana in the UK and why the SOL is one of ... Read more

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UK Tech News
George Simister @ UK Tech News 3 place · 03/07/2022 08:18 EDT

Bioinformatics platform Microbiotica raises £50m to conduct clinical trials

Microbiotica, a healthtech company that has created a platform to develop personalised medicines, has secured £50m in a Series B funding round led by Flerie Invest and Tencent. Further investment was made by British Patient Capital via its Future Fund, Cambridge Innovation Capital, IP Group and Seventure Partners. Cambridge-based Microbiotica said it will use the ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 3 place · 03/07/2022 06:56 EDT

Provenance raises $5m to tackle greenwashing with ‘transparency tech’

Provenance, a startup that digitally verifies corporate sustainability claims in areas such as net-zero and fully recyclable packaging, has secured $5m (£4.1m) in a funding round. The female-founded company’s technology, called Proof Point, can be integrated into ecommerce pages where consumers can click to see evidence of a retailer’s sustainability claims. More than 150 brands ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/07/2022 05:48 EDT

AI music company LifeScore scoops funding to tune of £11m

LifeScore, an AI-based music technology company has raised £11m in a Series A investment round led by Octopus Ventures. Warner Music Group, IDEO and 4 Good Ventures, along with previous investors, have also participated in the latest investment round. The music tech firm will use the funding for global acceleration and continue to strengthen its ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News 3 place · 03/07/2022 01:00 EDT

Business verification startup Detected secures £1.5m funding

London-based business verification platform Detected has secured £1.5m in a funding round led by Love Ventures and its fintech advisor John Lunn. It brings the total investment in the regtech startup to £3.5m. Lunn, a fintech veteran who was an early member of PayPal, has now become an advisor for Detected. Founded in 2020, Detected ... Read more

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UK Tech News
George Simister @ UK Tech News 1 place · 03/04/2022 12:45 EDT

Gig economy worker income platform SteadyPay raises £4m

Gig economy worker and freelancer payment platform SteadyPay has raised $5m (£4m) in a Series A round led by Digital Horizon. Additional investors include Ascension Ventures via its Fair By Design fund, the UK government’s Future Fund and angel investors. The London-based startup said it will use the funds to “offer more products to eliminate ... Read more

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UK Tech News
UKTN @ UK Tech News 2 place · 03/04/2022 11:30 EDT

Sponsored: How to invest in Bitcoin UK – beginner’s guide

Many people are wondering how to invest in Bitcoin in the UK, and for good reason. It’s the largest crypto across the board with a market cap of $798bn. In this article, we’ll explain how to invest in Bitcoin in the UK and the different Bitcoin investing strategies that you can use right now. How ... Read more

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UK Tech News
George Simister @ UK Tech News 3 place · 03/04/2022 10:21 EDT

London VC Flashpoint expands scouting network to US and Europe

London-headquartered venture capital firm Flashpoint is expanding its Venture Scouting Program to the US and Europe to help it discover early-stage startups to invest in. Flashpoint said it will partner with angel investors, lawyers, tech executives and entrepreneurs. They will be able to “monetise” their connections by facilitating introductions between Flashpoint and prospective companies. Flashpoint ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 03/04/2022 08:10 EDT

Shares raises £30m for investing app with a social twist

London-based investment startup Shares, which combines stock market investment with social media, has raised $40m (£30m) in a Series A funding round led by previous investors Valar Ventures. Other Series A investment participants include Singular, Global Founders Capital and Red Sea Ventures. The new funding comes as Shares unveils its new app, which allows collaborative ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 03/04/2022 05:13 EDT

Revolut expands on-demand salary service with IRIS partnership

Revolut has partnered with IRIS Software Group to offer an on-demand pay service to thousands of new employees, in the latest example of UK fintechs providing salary advance services. The partnership allows companies using IRIS’ Cascade HR system to access Revolut’s on-demand pay product, launched in August last year to give employees access to their ... Read more

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