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UK Tech News
Staff Reporter @ UK Tech News 3 place · 10/13/2021 07:21 EDT

London fintech 9fin grabs £8M funding to expand into US, opens office in New York

London-based fintech 9fin is a provider of data, news and predictive analytics for debt capital markets. The fintech just announced that it has grabbed £8 million funding in a Series A round to fuel its US expansion. Expansion plans The investment round was led by Redalpine along with existing investor Fly Ventures. Also, angel investors ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 10/13/2021 07:09 EDT

Carl Pei’s London-based startup Nothing raises $50M funding; enters partnership with Qualcomm

A young consumer tech brand headquartered in London, Nothing, just announced that it has collaborated with the chipmaker Qualcomm Technologies Inc. Eventually, the Snapdragon mobile platform will power its future tech products. Besides this, the company has also completed its Series A funding round by raising an extension of $50 million (nearly £36.7 million) from ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 1 place · 10/13/2021 04:54 EDT

InMobi acquires London-based analytics platform to power performance marketers around the globe

London-based Appsumer, a highly innovative marketing performance and user-acquisition insights platform for mobile app advertisers that provides a 360-degree view of marketing spend across channels, allowing advertisers to turn complex data into rich insights, has been acquired by Indian global adtech giant, InMobi. The acquisition of Appsumer extends InMobi’s recent enterprise expansions. Last month, the Indian company had launched InMobi Telco to help mobile carriers and ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News · 10/13/2021 03:00 EDT

London-based insuritech Humn secures £10.1M funding to enable real-time fleet insurance

As per a report, there are over 31.5 million cars registered in the UK, in 2018. The insurance industry also paid out over £13.4 billion in claims back in 2017, which goes to show how crucial vehicle insurance is. Helping companies save money, the London-based insurtech Humn offers real-time data-driven fleet insurance. The startup has ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 10/12/2021 08:03 EDT

Personio secures £200M, has aggressive growth plans for the UK

All-in-one HR software for small- and medium-sized companies, Personio, based in Munich works with the mission to make HR processes transparent and efficient. Now, the fast-growing HR tech company has secured $270 million (nearly £200 million) in a Series E funding round, which takes its valuation to $6.3 billion. UK growth plans The investment round ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 10/12/2021 06:48 EDT

New EV charging startup Zest picks up £30M funding

As per estimates, up to half a million destination and public charge points will be needed by 2030 to realise the ambitious EV mission of the UK government. However, there are fewer than 30,000 charging points, which makes it easier for landowners to provide an abundance of charge points and deliver a seamless customer experience. ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 10/12/2021 05:27 EDT

Pfizer-backed London medtech Entia to launch virtual oncology solution in UK by 2022, raises $12M funding

Over 50 percent of systemic anti-cancer therapies cause haematological toxicity. The management of this condition accounts for 8 percent of all cancer treatment costs and leads to frequent and disruptive healthcare visits for patients. To minimise this, Entia helps people taking up cancer treatment with its virtual solution. A medtech startup from London that recently ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News 1 place · 10/12/2021 05:12 EDT

London-based fintech Pleo introduces new Free Plan to bolster SMEs return post covid

Handling end-to-end spending for a company is not an easy task, even more so if it’s a budding startup that doesn’t have a dedicated team for it. To make this task easier, London based fintech Pleo offers a simplified company spending solution, along with smart company cards and bill payment processing. The company previously raised ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 10/12/2021 01:09 EDT

SoftBank backs London-based crypto analytics startup raises $60M

London-based blockchain analysis provider Elliptic has announced it has raised $60 million in Series C funding. The financing round was led by Evolution Equity Partners, alongside new investment from SoftBank Vision Fund 2. Existing investors AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital, SBI Group, Octopus Ventures, SignalFire and Paladin Capital Group also participated. The ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 10/11/2021 06:53 EDT

Female-founded femtech startups in the UK tackling gender bias in healthcare

Femtech refers to technologies specifically focused on women’s health, covering a broad range of areas from hormonal disorders and period pain to birth control, pelvic health, and sexual wellness. Femtech seeks to address women’s health issues through new product development. Regardless of how it is perceived, femtechs are getting popular in VC portfolios, which is ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 10/11/2021 05:03 EDT

London-based video ad platform Vidsy picks up £12M funding

A video advertising production platform and global creator network, Vidsy from London, helps global brands achieve their business goals with effective video ads created for digital. Now, the company has picked up $16.5 million (nearly £12 million) in a funding round. Funds utilisation The investment round was led by Access Entertainment alongside existing investors Delin ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 10/11/2021 04:34 EDT

London-based Peckwater Brands secures £3M as it eyes expansion

London-based Peckwater Brands is one of the fastest-growing virtual brands companies in the UK. In a recent development, it announced that it has secured £3 million in seed funding in a round led by Fuel Ventures along with participation from Pembroke VCT. Expansion plans This investment comes at a time when Peckwater Brands prepares for ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News · 10/11/2021 03:00 EDT

UK-based tea mixology startup Bird & Blend Tea Co. raises £1M funding to transform the Great British Brew

It is not surprising that tea is one of the most consumed drinks in the UK. We go way back with the tasty beverage to have reached this point wherein there are over 1500 different types of teas to sample from. UK based Bird & Blend Tea Co. is a tea mixologist startup that aims ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 1 place · 10/08/2021 10:36 EDT

BetterUp, the coaching startup that hired Prince Harry just raised $300M

BetterUp, the mental fitness coaching platform where Prince Harry is Chief Impact Officer, has announced the close of its $300 million Series E fundraise. This brings the unicorn’s valuation to $4.7 billion and total funding to $600 million, making the company the biggest player in the wellness sector – ahead of World Mental Health Day ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 10/08/2021 08:47 EDT

UK-based online employee health record solution secures £2.25M funding from BOOST&Co

Medical Management Systems (MMS), the company behind UK’s leading online employee health record solution, Meddbase, has secured a £2.25 million investment from BOOST&Co, an alternative lender. Eyes to expand online platform The company will use the investment to continue to develop its practice management and patient record system. Also, MMS will continue to expand the ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 10/08/2021 08:46 EDT

Aviva invests £10M in startups, partners with Founders Factory

Aviva is a leading provider of life insurance, general insurance, health insurance and asset management in the UK. In a recent development, the insurer has announced a £10 million fund and a five-year extension to its innovation partnership with Founders Factory. With this move, it will be able to support new startups in the UK. ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 1 place · 10/08/2021 07:49 EDT

Iconic 133-year-old Palace Theatre in Swansea to be transformed as new startup hub by Tramshed Tech

The most innovative digital workspace business in Wales is set to breathe renewed life into an iconic Swansea building. The 133-year-old, six storey Palace Theatre on High Street has been acquired by Swansea Council. Tramshed Tech, recently named Incubator/Accelerator of the Year at Fintech Wales Awards, has been chosen as lead tenant to run the ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 10/08/2021 05:32 EDT

UK mulls first £165M Plastic Park in Cheshire to help slash carbon emissions on the road to net zero

Working together with industry partners to drive out waste, the UK is inching closer to getting more eco-friendly and slash carbon emissions on the road to net zero, slowly yet steadily. Plans for the UK’s first £165 million Plastic Park – designed to tackle a share of the UK’s 4.9 million tonnes of annual plastic ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 10/08/2021 04:53 EDT

This proptech platform from London picks up £42M funding to grow its international presence

London-based award-winning proptech platform for development site sourcing and assessing, LandTech has announced that it has picked up £42 million in a Series A funding round. The investment round was led by Updata Partners, a US-based investment firm along with participation from Flashpoint Secondary Fund and existing investors Pi Labs and JLL Spark. Global expansion ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 10/07/2021 09:00 EDT

Ex-Facebook employees’ startup logs in $17.5M from Index Ventures to add social collaboration to any app or product

While many web products are designed to be beautiful and intuitive, it can be challenging for companies to add rich, multi-user functionality without compromising on user experience or sacrificing resources that would otherwise go towards the core product. But in the aftermath of the pandemic, the necessity for a distributed team to be able to ... Read more ›

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