Vertical Aerospace, a Bristol, UK-based global aerospace and technology company that is pioneering zero-emissions aviation recently announced over $200 million in additional financing to support its path to scale production and certification of the VA-X4 electric vertical take-off and landing (eVTOL) aircraft. Vertical is targeting the highest global certification for its VA-X4, which is expected ... Read more ›
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London has become Europe’s most advanced ecosystem for climate tech, with the UK capital’s startups raising $3.3bn since 2016 and investment growing 6.3 times over this time period, faster than the global average. The UK capital is also home to Europe’s biggest cluster of climate tech companies, with 416 firms created since the Paris Agreement. ... Read more ›
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Amberscript is an AI speech recognition company based in Amsterdam and Berlin. It makes audio and video accessible by developing software and services to create affordable subtitles. Now, the company has picked up $10 million (nearly £7.3 million) in a Series A funding round. UK expansion plans The investment round was led by Endeit Capital ... Read more ›
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Sofant Technologies, a Scottish radio tech company, has received €7.3 million (nearly £6.2 million) funding from the UK Space Agency (UKSA) and the European Space Agency (ESA). This financial backing will support the commercialisation of its low-power, low-cost satellite communications platform. Signs contract with ESA The funds from ESA were secured under an Advanced Research ... Read more ›
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Nimbla, the fintech business insurance startup from London, has announced a £5.1 million funding round led by Silicon Valley venture fund Fin VC with participation from Barclays Bank. The funding comes as Nimbla seeks to scale its operations with increased demand from embedded credit risk solutions through its API with banks and alternative lending platforms. ... Read more ›
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London-based Closed Loop Medicine is one of the UK’s leading pioneers in digital/therapeutic medicine. The company just announced that it has closed £13 million in a new Series A investment round that came from a slew of top UK and European VC investors. Product development plans The oversubscribed funding round was led by Ananda Impact ... Read more ›
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UK-based proptech startup Evo connects landlords, residents, and trades professionals, with the aim to make the property management process more transparent and driving down associated costs. In a recent development, the company has secured a £1 million investment via the GroVentive investment platform, supported by venture capital firm Moscar Capital. Growth plans ahead Being in ... Read more ›
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A sleeptech startup from the UK, SleepCogni has developed a ground-breaking treatment for insomnia. Now, the startup has raised £1.4 million to scale its business to commercialise into the US market, with the potential to help over 70 million insomnia sufferers. Scaleup plans in US Through a combination of debt and equity funding, SleepCogni has ... Read more ›
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The various and sizeable challenges of Covid-19 have overshadowed most other topics over the past two years. However, as businesses now look to rebuild and create plans for future growth, attention is turning to other issues. Chief among them is the environment. Indeed, the term ‘green recovery’ has been widely used throughout 2021. It reflects that the pandemic has provided a unique opportunity ... Read more ›
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London-based Draper Esprit is a leading venture capital firm investing in and developing high growth technology businesses. Today, the VC firm has announced that it has pumped in $17.5 million (nearly £12.8 million) in a Series A funding round in hypertension health-tech firm Aktiia. Expansion plans Additional Investors that participated in the investment round include ... Read more ›
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Muddy Trowel recently announced it has closed a £1M seed investment round led by Evergreen Garden Care (EGC), the leading gardening care company outside North America. Existing investors also participated in the round. Muddy Trowel is a UK startup founded in April 2020 (during COVID-19 lockdown) and is revolutionising the e-commerce gardening space by targeting ... Read more ›
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Nauta Capital that operates via offices in London Barcelona and Berlin, is one of the biggest pan-European Venture Capital firms that invest in capital-efficient B2B software companies. The company just announced the final close of its oversubscribed fifth fund at €190 million (nearly £161.5 million). Oversubscribed investment round It closed €120 million (nearly £102 million) ... Read more ›
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The COVID-19 pandemic has fuelled a renaissance in vaccine research, underpinned by the creation of novel vaccine delivery systems and robust worldwide manufacturing pipelines, with the global vaccine market predicted to reach $108 billion by 2027. Most vaccine antigens are based on a single pathogen component, such as the spike protein of the COVID SARS-CoV-2 ... Read more ›
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XPRIZE is the global leader in designing and operating incentive competitions to solve humanity’s grand challenges. It recently announced that 15 teams from 8 countries are advancing to the finals of the $10 million ANA Avatar XPRIZE competition. Touchlab is one of the finalists Touchlab, an Edinburgh startup, has reached the $10 million ANA Avatar ... Read more ›
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UK-based Paysafe, a leading specialised payments platform, has announced that it has completed the acquisition of the German fintech company viafintech. The company under the brand viacash offers one of the largest bank-independent alternative payments infrastructures in Europe, thereby becoming a popular alternative to the traditional banking system. For Paysafe, the investment allows it to ... Read more ›
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London-based YETiCO, the provider of devices that deliver a radically better contactless payment experience for hospitality businesses such as TiPJAR, Jones Family Kitchen and Maray Restaurants, just announced the closure of its seed funding round. The company has closed £300K from a slew of eminent angel investors, which brings the total seed investment to over ... Read more ›
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A student ‘task app’ from London, UniTaskr successfully connects businesses with over 180,000 students for paid work opportunities. Now, the company just announced that it picked up £1.25 million in a funding round from angel investors. Ambitious scaleup plans UniTaskr will use the investment to scale its operation and advance its technology. In addition, the ... Read more ›
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As vaccination, natural immunity, and a few behaviour changes edge the nation — hopefully — towards a post-pandemic normality, women founders have been telling UKTN what they think 2022 will bring. Unsurprisingly, they all expect that Covid-19 will still have an impact as people and organisations change not only the way they work, but also ... Read more ›
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CaaS (Culture-as-a-Service) is a new, $300 billion sector, which attracts significant investor interest as both remote work and competition over the best talent continue to grow. This is where the London-based CaaS startup Unlock tackles a core part of this new battleground. The marketplace helps to build culture among remote teams. Investors galore Unlock just ... Read more ›
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Making inroads into the UK’s growing Buy Now, Pay Later (BNPL) payment methods for businesses sector, Berlin-based Billie has announced Series C funding round of $100 million to expand into the UK and other international markets. The fintech’s valuation has increased to $640 million and has nearly quadrupled since the last funding round. The round ... Read more ›
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22.06.2026 19:18
Last update: 19:06 EDT.
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