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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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UK Tech News
Staff Reporter @ UK Tech News 3 place · 10/07/2021 07:39 EDT

London’s healthtech Habitual specialising in diabetes reversal closes £1.7M funding to take up clinical trials

Besides COVID-19, type 2 diabetes is the most pressing healthcare problem faced by many right now. In the UK, it is estimated that one in 10 people over the age of 40 is diagnosed with type 2 diabetes. Of these, 60 percent are said to suffer from a complication of the disease along with major ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News 2 place · 10/07/2021 06:38 EDT

Interview: Meet Philip Belamant, CEO and founder of Zilch, the BNPL Klarna rival from UK

The Buy Now Pay Later (BNPL) market is currently a £2.7 billion market in the UK, as per a review by the Financial Conduct Authority. While Klarna and Afterpay are credited for pioneering the BNPL trend, London-based Zilch is trying to define the sector in the UK. It also recently passed its 1 million customer ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 10/07/2021 06:12 EDT

As travel restrictions ease, London-based homestay brand Plum Guide secures $9M funding

As per reports, the overnight stay market on a global scale is estimated to be worth $1.2 trillion as the travel industry’s recovery is accelerating post the pandemic. Despite this growth, looking for the perfect stay can feel like a lottery with over 15 million homes online to choose from. Adding to this, the customer ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 10/07/2021 03:05 EDT

MindLabs eyes to launch world’s first live mental health platform in Q1 2022, raises £2.5M funding

The world’s first live mental health platform based in London, MindLabs, has raised $3.5 million (nearly £2.5 million) in a seed funding round. The investment came from PROfounders Capital, Splack Fund, the executive chairman and ex-CEO of Sky Jeremy Darroch, and existing investors Seedcamp and Passion Capital. Second investment round This seed investment is the ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 2 place · 10/06/2021 07:22 EDT

London-based Smart ropes in DWS as part of £165M funding to transform retirement across the world

In a mission to transform retirement, savings and financial well-being in the UK and around the world, London-based Smart, the fast-growing global retirement technology provider, has announced that DWS Group (DWS) has joined its £165 million series D funding round, acquiring a minority stake. This follows the recent announcement that Chrysalis Investments has joined the ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 10/06/2021 05:57 EDT

Home décor online brand Plank Hardware raises £2M funding from Beringea

Since the past two years, there has been a significant uptick in demand for home improvement projects, especially due to the remote working trend. It has been estimated that over 50 percent of the UK population has taken up home improvement projects since the outbreak of the pandemic in March 2020. The traditional bricks-and-mortar hardware ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 3 place · 10/06/2021 05:17 EDT

Israeli startup raises $550M to accelerate transformation of cloud security industry in the UK

According to Gartner, 70% of all enterprise workloads will be deployed in cloud infrastructure and platform services by 2023, up from 40% in 2020. Under this paradigm shift, agent-based solutions are ill-suited to meet the increased complexity and ephemeral nature of the cloud. Exhausted, enterprise security teams are turning to new platforms. Addressing this issue ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 10/06/2021 05:11 EDT

Minna Technologies eyes UK expansion with new hub in London

Minna Technologies, a Swedish subscription management software tool works with the mission to help retail banks deliver powerful digital experiences. In a recent development, the company announced that it is launching its hub in London. New hub in London This announcement follows the recent partnered of Minna Technologies with London-based fintech Bud. Earlier this year, ... Read more ›

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UK Tech News
Rebecca O'Keeffe @ UK Tech News · 10/06/2021 04:02 EDT

Best jobs in UK tech in mobility industry

Mobility is the industry of transporting people and goods (and the tech that goes with it). In recent times, mobility has expanded in scope and complexity beyond the simple concept of getting from A to B. This is due to advances in multi-modal transport and applications of software. With these advances comes jobs, and lots ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 10/06/2021 03:30 EDT

10 tech scaleups by black and multiracial founders making great strides in the UK in 2021

Recently, Tech Nation, a leading growth platform for UK tech companies, announced 30 companies joining its newest growth programme, Libra. This program is designed to equip ambitious Black and multiracial entrepreneurs with the knowledge, tools and networks they need to scale their business in today’s world. Quite often, black and multiracial founders face barriers in ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 10/05/2021 06:48 EDT

London’s createch startup Octaive grabs £500K in angel funding round

London-based creative technology startup Octaive is a conversational media platform. Today, the company announced that it has raised £500K in angel investment from high profile industry leaders. Also, this round marks the first external investment into the pioneering startup. Funds utilisation Besides the investment, Octaive has hired new members to its board. David Pattison, founder ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 10/05/2021 06:06 EDT

Cambridge-based AI startup techspert.io secures $12M funding to expand into new verticals

There is a huge volume of online data, information and misinformation and it is growing exponentially at a great speed as the markets evolve consistently. Eventually, it becomes highly challenging and vital for businesses to get rapid insights that they need to make smart decisions. Cambridge-based AI technology innovator techspert.io connects businesses with experts for ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 3 place · 10/05/2021 06:00 EDT

Eight Roads rolls out fourth European venture fund of $450M to help ambitious founders scale

Global venture capital fund Eight Roads has announced its fourth fund of $450 million for European and Israeli scale-ups. The fund will invest in a further 15 to 20 ambitious companies that have reached product-market-fit, across all technology sectors including consumer, software-as-a-service, fintech and health tech, with an initial cheque size of $5 million to ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 2 place · 10/05/2021 03:30 EDT

Cardiff fintech Sonovate exceeds £2B funding milestone as contract working soars post pandemic

The Covid pandemic has led to a global shift in preference by businesses and individuals alike towards more flexible, contract-based working. Led by its philosophy of smarter pay for the new working world, Cardiff-based Sonovate that provides embedded finance to businesses engaging freelance workers, has surpassed £2 billion in total funding during September 2021. Half ... Read more ›

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