From large conglomerates to new companies, they all know that making their employees feel special and happy is crucial. Corporate gifting plays a major role in this and London-based Reachdesk aims to make the process easier. The startup offers a global SaaS platform that is touted to enable companies perform corporate gifting at scale and ... Read more ›
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Electric truck pioneer Tevva announced that it has received £4.2 million, the majority share of a £5.7 million total grant from the UK’s Advanced Propulsion Centre (APC). The London-based company will use the finance for the development of Tevva’s next-generation, zero-emission, long-range medium-duty trucks (7.5 to 19t Gross Vehicle Weight). Ken Scott, Chief Engineer at ... Read more ›
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Attempting to enhance the open banking system, London-based fintech Crezco has announced it has raised £3 million in seed funding. The UK’s first open banking payment solution is designed to make B2B invoice payments as convenient as B2C card payments without the costs collected by companies like Visa and MasterCard. Invoice payments for SMEs Founded ... Read more ›
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An integrated digital supply chain and freight platform from London, Beacon, has raised over $50 million (nearly £37 million) in an oversubscribed Series B round with expansion plans. Eyes global expansion The investment round was led by Northstar.vc along with participation from a new investor Upper90. Also, existing investors, including Jeff Bezos, the founder and ... Read more ›
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Taking a brand overseas and opening headquarters in a growing array of locations is a goal for many entrepreneurs. However, international expansion plans have naturally been disrupted since the beginning of the pandemic in March 2020. As businesses settle into new working arrangements, economies reopen and restrictions loosen, I would hazard a guess that startup founders across the UK ... Read more ›
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Wondering where you could go get financing for your business if you don’t want to go down the traditional VC/angel investment route? You could go for a revenue based financing platform such as Clearbanc and Uncapped, both of which generally require you to make at least £10,000 MRR. You could go for Pipe, but only ... Read more ›
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London-based Coinrule provides individuals and retail cryptocurrency investors with an automated crypto trading strategies platform for their assets. Today, fintech has bagged $2.2 million (nearly £1.63 million) in a seed funding round. Investors galore The investment came from a range of decorated tech founders and investors including Fitbit founder James Park, Twitch founder Kevin Lin ... Read more ›
2
Snyk, the UK-founded leader in developer security, has announced $75 million of funding from Atlassian Ventures and Salesforce Ventures as part of its recent Series F financing to empower developers to drive greater agility and digital transformation. The unicorn company is on a mission to facilitate developer security by empowering millions of developers to build ... Read more ›
2
Profian, a Confidential Computing platform that is focused on bespoke open source solutions, has secured $5 million (nearly £3.7 million) in a seed funding round. The investment round was led by Project A Ventures and Illuminate Financial, and included angel investors: Olivier Pomel, Chief Executive Officer of Datadog; Tyler McMullen, Chief Technology Officer of Fastly; ... Read more ›
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GP Bullhound, a London-based technology advisory and investment firm, has closed oversubscribed Fund V at €300M (approx £257M) hard cap. The investment banking company initially targeted €200M however, later extended the fund size due to strong demand from tech entrepreneurs, family offices, and institutions in Europe and the US. Fund V is a pan-European venture ... Read more ›
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UK-based Toothfairy, the world’s smartest dental app solves the dental crisis that was worsened during the COVID-19 pandemic wherein nearly 19 million dental appointments were missed. Now, the one-of-its-kind app has become the winner of ‘App of the Year’. Also, it is the first dental app to get healthcare regulation and is a certified medical ... Read more ›
2
Kepler Interactive is a global game developer and publisher built on a unique co-ownership model that is headquartered in London. The company has hit the headlines as it secured $120 million (nearly £90 million) funding from NetEase, a gaming firm. The group was formed with seven gaming companies, including A44, Alpha Channel, Awaceb, Ebb Software, ... Read more ›
0
Kepler Interactive is a global game developer and publisher built on a unique co-ownership model that is headquartered in London. The company has hit the headlines as it secured $120 million (nearly £90 million) funding from NetEase, a gaming firm. The group was formed with seven gaming companies, including A44, Alpha Channel, Awaceb, Ebb Software, ... Read more ›
2
BP Ventures, the investing arm of British oil and gas giant BP has made its first direct investment in India. The oil and gas behemoth has announced $13 million investment in integrated electric vehicles (EV) ride-hailing and charging company BluSmart. It led a $25 million Series A round that also saw support from Mayfield India ... Read more ›
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In the latest development, the shares of DNA/RNA sequencing technology company Oxford Nanopore soared more than 45% in their market debut on Thursday. The IPO valued Oxford Nanopore at £3.4 billion (approx $4.6 billion). According to Bloomberg, the stock climbed 42% to 604.50 pence at 9:51 a.m. from the IPO price of 425 pence. This ... Read more ›
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London-based entertainment startup Lounges.tv is a pay-per-view live streaming platform that promises to pay content creators 80 percent of stream revenue. Now, the company has smashed its crowdfunding target of £950K within 48 hours of launch. Currently live via Crowdcube, the Lounges.tv crowdfunding campaign will officially close by 20 October, 2021, where investors will be ... Read more ›
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A Q&A with Wybo Wijnbergen, Co-founder and CEO at infinitSpace. Last year, Wybo Wijnbergen, a former Managing Director at WeWork, founded infinitSpace, along with Wilco Wijnbergen and Elad Hod. The white label flexible workspace provider is enabling commercial landlords to adapt their buildings to the new ways that businesses work and, therefore, use offices. Wybo spoke with UK Tech News about where the idea for the company came from, why... Read more ›
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Focusing on improving international money transfers, TransferGo, has announced that it has secured $50 million in a Series C funding round. This latest fundraise, led by Elbrus Capital Fund III and Black River Ventures, follows consistent 80% year-on-year growth for the fintech company since its launch, and brings the total raised to-date for TransferGo to ... Read more ›
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Facebook has landed itself in hot water countless times, and the latest incident entails its own research that throws light on harmful effects of Instagram on teenagers. Not only Facebook, but multiple other social media sites are plagued with problems as they play on the psychology of the masses to keep increasing their numbers. In ... Read more ›
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Focusing on improving international money transfers, TransferGo, has announced that it has secured $50 million in a Series C funding round. This latest fundraise, led by Elbrus Capital Fund III and Black River Ventures, follows consistent 80% year-on-year growth for the fintech company since its launch, and brings the total raised to-date for TransferGo to ... Read more ›
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24.06.2026 04:41
Last update: 04:35 EDT.
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