Oxford-based greentech startup, Oxwash, which revolutionises the laundry industry is backed by Twitter co-founder Biz Stone. Now, the company has raised £500K in equity investment round through a public crowdfunder in 15 hours. Eyes to add electric vans to fleet Oxwash has secured £250K from angel investors including Magnus Rausing (Tetra Pak), Kal Patel (ex-CEO ... Read more ›
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Last mile connectivity is a segment which attracts both big companies and startups alike. Making its mark in the segment is the Australian micromobility provider Zoomo. The scaleup operates in the delivery fleet sub-segment of this sector and has now bagged a notable £44.7 million in funding to further its goals of expansion and innovation. ... Read more ›
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With unforeseen obstacles witnessed by all businesses pandemic presented by the pandemic, fintechs have demonstrated their immense flexibility to adapt to the situation. Companies have reported increased yearly growth as well as customer acquisition and retention. Marius Galdikas, CEO at online banking service provider for internet-based companies ConnectPay, shares why investing in user experience (UX), ... Read more ›
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London-based Mimica, a software company, builds AI that learns to automate repetitive computer tasks. In a recent development, the company announced that it has secured £4.4 million in a Series A funding from Khosla Ventures. Mimica intends to scaleup in US This new investment intends to help to further the company’s growth by establishing a ... Read more ›
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Prezzee, a Sydney-based eGift card platform, which recently surpassed the $1B valuation mark, has established in the UK market to disrupt the £7B UK gift economy before expanding into Europe. Prezzee’s UK has added retailers such as ASOS, John Lewis, and Deliveroo to an ever-growing list of over 750 partners globally and 120 in the ... Read more ›
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UK-based contract research organisation Gentronix is a leader in the field of genetic toxicology. Now, the company just announced that it has raised £700K in a funding round led by existing investor Mercia for its continued growth. Growth plans ahead The funding round follows the recent acquisition of the Big Blue transgenic mutation assay from ... Read more ›
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The fastest-growing wholesale fibre broadband operator in the UK – Netomnia and the service provider YouFibre have secured a £123 million funding. The funds will be used to support the national expansion of ultra-fast full-fibre broadband. High-speed fibre broadband in UK The funds raised include £20 million from ESO Capital Partners UK LLP, the provider ... Read more ›
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Bolt is a super-app in Europe that operates with the intention to make urban mobility safer, more sustainable, and more affordable. Today, the mobility platform has introduced an innovative approach by letting drivers to set their own prices and passengers to choose their drivers. First-of-its kind move These new features introduced by Bolt is the ... Read more ›
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One of the major health concerns across the globe, diabetes is growing at a fast rate. This global epidemic impacting a large chunk of the population across the globe has affected over 60 million people in Europe alone. Accounting for 1% of the global economy (more than $1 trillion), over £10 billion per year is ... Read more ›
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In the latest development, Bia Care, a menopause startup, has announced a partnership with the UK’s cancer clinic, Genesis Care to address a taboo of cancer care – the side effect of menopause. According to the company, 30% of women treated for breast cancer will experience the sudden onset of menopause symptoms, as a result ... Read more ›
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Currently, 5.25 trillion particles of plastic are in the world’s oceans with a majority of this is in the form of microplastics generated through the process of washing clothing. As modern clothes contain plastics, nylon, polyester, acrylic, and polyamide, a whopping 700,000 microfibres are released into the ocean after every machine wash. Funds to scaleup ... Read more ›
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The company leading the quality-first revolution with its game-changing AI-powered testing automation platform, Virtuoso has announced $13.3 million Series A round led by Paladin Capital and joined by Mubadala Capital and existing investors Crane Venture Partners, Forward Partners and Downing Ventures. Slow testing processes, not anymore The London-based AI startup’s mission is to reimagine software ... Read more ›
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One of the major health concerns across the globe, diabetes is growing at a fast rate. This global epidemic impacting a large chunk of the population across the globe has affected over 60 million people in Europe alone. Accounting for 1% of the global economy (more than $1 trillion), over £10 billion per year is ... Read more ›
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Mr Jonathan Styles, Lecturer in Enterprise, University of Manchester Nature or nurture – which has the greater influence in the creation of a successful entrepreneur? This question has long been debated in the field of business. Put simply, the debate divides those who argue that an individual is born with the innate, fundamental traits to ... Read more ›
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There are so many different car rental brands, prices, and insurance options to choose from, making the process much more stress full than we believe it should be. Well, here’s where StressFree Car Rental, a Manchester-based online car rental platform, comes into play. Secures £534K Stressfreecarrental.com, on Friday, announced that it has raised £534K in ... Read more ›
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Paddy Vishani, Strategic Partnerships Manager, Yobota The way we interact with our banks has changed dramatically over the past decade, and especially since the start of the pandemic, but what we expect from banks has changed, too. Alongside the accelerated digitalisation within the financial services market, and with it the rise of fintechs and neo-banks, ... Read more ›
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Automata, a London-based deep-tech company that develops products to help people automate physical work, has announced the launch of Automata Labs. With this launch, the UK company aims to make next-generation automation accessible Mostafa ElSayed, Automata’s CEO & Co-founder says, “At Automata, we believe in the power of automation to unlock human potential and create ... Read more ›
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substantial amount of money. Most of these cases are based on misuse or breach of user data and the Mountainview tech giant Google has won one such case, which blocks a £3.2 billion payout. The UK Supreme Court has ruled in favour of the internet giant in recently concluded Lloyd vs. Google lawsuit, which if ... Read more ›
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Ireland’s leading content configuration technology (CCT) platform, Content Llama automates the collection, configuration and delivery of multi-source product content for e-commerce retailers. Now, the company has secured €2.5 million (nearly £2.14 million) in fundraising. Eyes global expansion The funding round was led by Elkstone Partners and The Western Development Commission. Content Llama intends to deploy ... Read more ›
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High growth startups and scaleups are attracting record levels of investment in Wales. Investment into Welsh businesses has been steadily increasing in recent years. Welsh startups and scaleups secured £129m in 2020, which was a record for the country. Beyond high growth companies, a record number of businesses were incorporated in Wales that year – ... Read more ›
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22.06.2026 17:01
Last update: 16:55 EDT.
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