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UK Tech News
Staff Reporter @ UK Tech News · 02/03/2022 05:42 EDT

Stuttgart-based Flip raises £22m to bring HR app for ‘deskless’ workers to UK

German frontline employee communications app Flip has raised $30m (£22m) in a Series A funding to accelerate its UK expansion.  Benedikt Ilg and Giacomo Kenner founded Flip in 2018 to make it easier for the 2.7 billion “deskless” workers to share information and organise, manage and schedule workflows more efficiently. The funding round was co-led ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 02/02/2022 09:54 EDT

Canva acquires UK data visualisation platform Flourish

Australian graphic designing platform Canva has acquired UK-based data visualisation platform Flourish for an undisclosed sum.  The acquisition marks Canva’s latest foray into Europe, with its European teams now spanning Austria, the Czech Republic, Germany and the UK.   Canva will integrate Flourish’s data visualisation tools, used by companies such as BBC and Deloitte, into its ... Read more

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UK Tech News
Finixio @ UK Tech News 1 place · 02/02/2022 06:40 EDT

How to Buy Cryptocurrency UK – With Low Fees

ADVERTISING FEATURE The digital asset scene has grown exponentially in the UK – with more and more casual buyers looking to enter this market. If you’re new to this scene and want to learn how to buy cryptocurrency in the UK – this guide will walk you through the process step-by-step. How to Buy Cryptocurrency ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 1 place · 02/02/2022 05:35 EDT

Fiat Republic raises $3.5m to connect banks and crypto platforms

Fiat Republic, a London-based startup building tools for cryptocurrency platforms to process fiat currencies from banks, has raised $3.5m (£2.58m) in seed funding.   It was backed by Speedinvest, Seedcamp and Credo. The company will use the extra capital to grow its headcount, which currently stands at 14. It will also accelerate its efforts to ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 02/02/2022 04:26 EDT

Qureight raises £1.5m funding to curate complex disease data

UK clinical data analytics company Qureight has raised £1.5m in a seed funding round to curate what it calls the largest collection of complex disease datasets.  Playfair Capital led the investment round with participation from Life Sciences funds Meltwind, Ascension, and Cambridge Angels.  Founded by Alessandro Ruggiero and Muhunthan Thillai, Qureight uses cloud-based technology to ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News · 02/01/2022 12:40 EDT

Pandemic accelerated UK banks’ digital adoption by five years – report

The Covid-19 pandemic turbocharged digital adoption for 89% of UK banks by five years, according to research conducted by UK-bassed analytics software provider SAS. The research surveyed a mix of UK challenger and traditional banks about how their IT infrastructure, processes and priorities changed during the pandemic. It found that traditional banks witnessed a notable ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News 2 place · 02/01/2022 09:22 EDT

Consumer insights platform GWI raises £133m in Permira-backed round

British consumer insights software company GWI has raised $180m (£133m) in a Series B funding round, bringing the company’s valuation to more than $850m and on course to reach unicorn status. The round was led by Permira’s growth fund and the fresh funds will be used to bolster the company’s software as a service (SaaS) ... Read more

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UK Tech News
UKTN @ UK Tech News · 02/01/2022 08:00 EDT

Chapter54: Why the African tech market is a hotbed of expansion potential

As little as five years ago, the thought of Africa becoming a place in which international tech giants would inject large amounts of capital, where unicorns and “soonicorns” could grow and flourish, and where talent would be not only in hot demand, but flocking to the action, was almost unimaginable. In the current day, however, ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 02/01/2022 06:02 EDT

CMA warns Monzo over breach of retail banking regulations

The UK’s competition watchdog has warned Monzo over a breach of retail banking regulations in which the challenger bank “failed” to sufficiently disclose the monthly minimum charge for its personal current account.   The Competition and Markets Authority (CMA) said it was “concerned” that Monzo customers may not have seen the £15.50 monthly minimum charge ... Read more

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UK Tech News
Julie Nugent @ UK Tech News · 01/31/2022 11:58 EDT

Digital Skills Clinic: Urgent training needed to boost scarce UK cybersecurity talent pool

The UK digital skills gap is a serious issue for all industries. Businesses are in urgent need of upskilling employees, while sourcing job applicants with sufficient skills to take on roles is proving increasingly difficult. The skills shortage is particularly prevalent in cybersecurity. The pandemic has, to put it in very general terms, seen us ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 3 place · 01/31/2022 10:57 EDT

Entain invests £40m in London hub to trial metaverse tech

Sports betting and gaming group Entain is spending £40m to build an innovation hub in London that will build and trial entertainment technologies, including the metaverse and non-fungible tokens (NFTs).   The innovation lab will open this spring in Charterhouse Square, Farringdon, near the UK headquarters of social media firms TikTok and Snapchat.   The money ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 1 place · 01/31/2022 07:17 EDT

Zapp orders $200m funding in battle for rapid delivery dominance

Rapid delivery startup Zapp has raised $200m (£149m) in a Series B funding round to “focus on achieving profitability” in existing markets and to launch into new ones.   Lightspeed, 468 Capital and BroadLight Capital led the investment into London-based Zapp, which aims to deliver everyday items to customers’ doorsteps within 20 minutes at any ... Read more

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UK Tech News
Rebecca O'Keeffe @ UK Tech News 1 place · 01/28/2022 10:31 EDT

Why you should look beyond London for your next tech job

Samuel Johnson once famously said that “those who are tired of London are tired of life”. It’s easy to see where he was coming from – London is one of the world’s most exciting cultural hubs in the world. From its bustling nightlife, first-rate transport links and exciting museums to the excellent job opportunities, few ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News 2 place · 01/28/2022 10:08 EDT

IT job vacancies surpass pre-pandemic levels in the UK

The number of IT job vacancies in England and Wales has surpassed pre-pandemic levels in a sign of the UK’s recovery, according to job market research. Tech companies posted more IT vacancies in 2021 than all British businesses combined in 2020, according to a report by the recruitment consultancy Robert Walters and data analytics firm ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 3 place · 01/28/2022 07:41 EDT

Mobility startups partner with UCL to create ‘universal’ e-scooter sound

University College London (UCL) has partnered with micromobility operators including TIER, Lime and Dott to develop a “universal sound” to warn pedestrians of approaching rental e-scooters.  The sound is being developed to help road users, including people with sight loss, identify a rental e-scooter regardless of its operator. UCL’s Person-Environment-Activity Research Laboratory (PEARL), part of ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 01/28/2022 06:09 EDT

Founder in Five: Q&A with Cervest’s Iggy Bassi

Iggy Bassi is the founder and CEO of Cervest, a climate intelligence platform that uses AI to model climate risks – such as flooding and forest fires – to physical assets. Bassi founded Cervest in 2016 after his sustainable farming business in Ghana was destroyed by freak weather events. The London-based startup has raised £26.6m ... Read more

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UK Tech News
Valeria Kogan @ UK Tech News · 01/27/2022 12:20 EDT

How startups can build fruitful VC and investor relationships

Understanding how to build good relationships with investors is essential for becoming an entrepreneur. Not all investors have the same goals – apart from wanting a positive return on their investment – so founders should take the time to understand how to properly build a relationship with traditional VCs, corporate VCs and private investors. Both ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News 3 place · 01/27/2022 07:45 EDT

Smart home heating startup Boxt raises £20m

Boxt, a UK smart home heating startup that provides an “Uber-style” service for fitting boilers, electric vehicle chargers and air conditioning, has raised £20m in a funding round led by infrastructure investor Brookfield. Leeds-based Boxt will use the capital injection to expand its services in the UK and offer fuel-saving technologies such as electric vehicle ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 2 place · 01/27/2022 05:52 EDT

Kaido, a wellbeing platform for hybrid workforces, raises £400,000

Kaido, a Birmingham-based startup that provides virtual health and wellbeing services for remote and hybrid workforces, has raised £400,000 in seed funding.  The investment – shared exclusively with UKTN – was led by Longrow Capital Finance. The University Hospitals Birmingham NHS Foundation Trust provided further funds via its SME Innovation Fund, in partnership with the West ... Read more

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 01/27/2022 04:41 EDT

Manchester-based SamsonVT raises £3.8m to improve industry 4.0 maintenance

Manchester-based aftersales management platform SamsonVT has secured $5.1m (£3.8m) in a seed funding round led by Par Equity, with participation from US-based Blumberg Capital. The capital will be used to support its global growth strategy, which includes plans to develop new products and develop existing ones.  The company aims to solve aftersales and lifecycle management ... Read more

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