London-based Gen Z recruitment platform hundo is the first-of-its-kind social impact business that was built for the metaverse. The company just announced that it has picked up $2 million (nearly £1.5 million) in seed funding and plans to secure Series A funding next year. Future plans The investment round was led by Ascension VC, with ... Read more ›
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The new initiative of enabling third-party access to banking data, open banking has created enormous space for innovation for fintech companies, promising an ample of opportunities to develop and deliver new, powerful financial products. It plays an important role in facilitating cross-border payments and hence, promised to be a major catalyst driving innovation for new ... Read more ›
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The fintech hub launched by the UK’s Investment Association (IA) in 2018, Engine (previously branded Velocity), has now roped in two pre-seed fintech companies, called Ethical Equity and Imperium Compliance in their new programme. In its mission to fuel the adoption of technology within investment management for the benefit and changing needs of clients, IA ... Read more ›
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Mode Global, a London-based fintech company, has entered into a payments partnership with British luxury fashion retailer L.K.Bennett. The agreement would see L.K.Bennett offering Mode as an additional payment option for customers. Darren Topp, CEO of L.K.Bennett comments: “L.K.Bennett is always looking for innovative solutions that provide our customers with more options to pay and ... Read more ›
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British satellite scaleup Satellite Vu offers the highest resolution thermal imagery and insights. Now, the Earth observation company has secured a major funding boost of nearly £1 million (£999,698 to be precise) from the UK Space Agency. It was announced as the UK hosts CPO26 in Glasgow, which is a part of the UK Space ... Read more ›
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Draper Esprit, one of the most active venture capital firms in Europe that invests in disruptive, high growth technology companies has been rebranded as Molten Ventures. The rebranding reflects the company’s transformation in recent years, wherein its growth was accelerated to new heights and it attained a unique role in the democratisation of venture capital. ... Read more ›
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A healthtech startup B-Secur from Belfast represents the next generation of internal biometrics. In a recent development, the company has announced that it has completed a total raise of £8.8 million in 2021. The latest round was led by US-based First Capital Ventures and The Bank of Ireland Kernel Capital Growth Fund NI, thereby increasing ... Read more ›
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Headquartered in Newcastle upon Tyne, QuantuMDx is passionate about empowering the world to control disease and reduce suffering. Today, the company has bagged a £15 million in equity investment from Vita Spring IVD Fund, L.P., a Hong Kong-based venture capital firm focused on early and growth stage medical companies with disruptive technologies and global market ... Read more ›
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The announcement was made last week at Intelligent Growth Solutions Ltd’s COP 26 exhibition site with the total raise reaching £42.2 million. This latest investment round has been supported by new investors including COFRA AG (Zug, Switzerland), Cleveland Avenue LLC (Chicago) and DC Thomson (Dundee, Scotland). COFRA, Cleveland Avenue and DC Thomson were joined by ... Read more ›
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US cloud-based logistics unicorn ShipBob helps SME brands compete with Amazon by giving them cheaper and faster deliveries. In a recent development, the company has announced a major European expansion wherein it will open 20 fulfilment centres as it looks to uncover the next unicorn consumer brands in the UK and capitalise on the continued ... Read more ›
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The pandemic has definitely disrupted the global economy and it is uncertain when things will get back to normal. While 2021 might not be the best year to start a new business, the entrepreneurs in the UK seem not to have missed the chance. Many entrepreneurs have used the pandemic crisis to launch their ideas ... Read more ›
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London-based JUMO is a fintech company that builds next-generation financial services for emerging market entrepreneurs. Today, the company has announced a successful raise of $120 million (nearly £89 million) funding from new and existing investors. International expansion plans The investment round was led by Fidelity Management & Research Company, LLC, and represents their first investment ... Read more ›
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London-based Lindus Health works with the mission to enable the next generation of healthcare. Now, the company has announced that it has announced a $5 million (nearly £3.7 million) in a seed funding round. Scaleup plans ahead The investment round was led by leading technology and healthcare investors including Firstminute Capital, Presight Capital, Seedcamp, Hambro ... Read more ›
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The West Midlands Combined Authority (WMCA) has launched the next round of digital bootcamps. This round of digital bootcamps is intended to improving the digital capabilities of residents across West Midlands. Next round of WMCA digital bootcamps The WMCA digital bootcamps are free of charge for learners. It will equip the residents of West Midlands ... Read more ›
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Universal Quantum is a Brighton-based company building the world’s first million qubit quantum computer. Now, the company has announced that they have gained a £7.5 million government grant. This was provided by Innovate UK’s Industrial Strategy Challenge Fund to build a scalable quantum computer that can correct its own errors. Notably, this is the most ... Read more ›
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We recently announced our partnership with Wirex, the leading digital payment platform, for this year’s ‘Rising Women in Crypto Power List’, and now the longlist is finally revealed. It identifies some of the most inspirational women making a distinction in the world of cryptocurrency. Further, the list consists of over 200 entries and shines a spotlight on the ... Read more ›
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Holland-based AutoFill Technologies is a deep tech company revolutionising inspection workflow processes for the automotive and rail industries. In a recent development, the company has secured €2.6 million (nearly £2.2 million) in pre-series A funding round. Growth plans ahead The investment round was led by powerhouse investors, Innovation Industries, with participation from Deeptech Labs, a ... Read more ›
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Healthtech firm Forth based in Chepstow is set to capitalise on the growth in the female science and technology market with a £1.6 million funding that will support the launch of its ground-breaking female health product. Investors galore Forth’s investment round has attracted backing from a consortium of both UK and overseas investors including Trajan ... Read more ›
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London-based Laundryheap is one of the world’s leading on-demand laundry and dry-cleaning services. It has announced that it will invest £2.5 million to add an additional 200 e-cargo bikes to its fleet, thereby radically expanding its ability to provide UK customers with a faster and more eco-friendly delivery service. Among biggest e-cargo bike fleets in ... Read more ›
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Belfast-based Selazar, a fast-growing e-commerce fulfilment company, has announced that it has pocketed £20 million in growth investment. With this investment, the valuation of the company has increased. Global expansion plans The new investor, who has not yet been named, will buy the shares of existing local shareholders who will see a five-fold return on ... Read more ›
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22.06.2026 19:18
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