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UK Tech News
Staff Reporter @ UK Tech News · 10/01/2021 07:05 EDT

UK-based virtual dentistry app Toothfairy raises £3M seed funding

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 ›

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UK Tech News
Staff Reporter @ UK Tech News · 10/01/2021 06:15 EDT

China’s NetEase pours $120M funding in London-based game developer Kepler Interactive

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 ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/30/2021 11:33 EDT

China’s NetEase pours $120M funding in London-based game developer Kepler Interactive

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 ›

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UK Tech News
Megha Paul @ UK Tech News 2 place · 09/30/2021 08:03 EDT

Britain’s BP Ventures enters India, leads $25M funding in EV ride-hailing startup BluSmart

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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UK Tech News
Staff Reporter @ UK Tech News · 09/30/2021 07:56 EDT

UK biotech Oxford Nanopore shares soared 45% in London debut

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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UK Tech News
Staff Reporter @ UK Tech News 1 place · 09/30/2021 07:21 EDT

Pay-per-view Lounges.tv surpasses crowdfunding target of £950K in 48 hours 

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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UK Tech News
UKTN @ UK Tech News 2 place · 09/30/2021 04:13 EDT

How infinitSpace is shaking up the flexible working space

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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UK Tech News
Megha Paul @ UK Tech News · 09/30/2021 03:00 EDT

Money transfer fintech TransferGo nabs $50M to pursue accelerated programme of digital payments transformation

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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UK Tech News
Shubham Sharma @ UK Tech News 2 place · 09/30/2021 03:00 EDT

London-based Lapse raises £1M to recapture film camera nostalgia via your smartphone

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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UK Tech News
Megha Paul @ UK Tech News 1 place · 09/30/2021 00:29 EDT

Money transfer fintech TransferGo nabs $50M to pursue accelerated programme of digital payments transformation

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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UK Tech News
Staff Reporter @ UK Tech News 2 place · 09/29/2021 07:26 EDT

DICE, London’s ticketing platform grabs £90M to expand into the US

The world of live events has faced a rough patch since early 2021 due to the COVID-19 pandemic. However, some live event startups adapted tech to survive in the industry and grow throughout this period. One such startup is London-based DICE, which has built a platform to help people discover and attend live events of ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 09/29/2021 06:50 EDT

Lifebit, London startup bags £44.3M to democratise access to global biomedical data

To cure diseases, researchers and scientists need to access and use as much biomedical data as possible, which are often inaccessible and unusable. Here’s where London-based genomic data startup Lifebit.ai comes into play.  The UK company democratises access to global biomedical data, allowing researchers, organisations, and public bodies to access and analyse vital information in ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 09/29/2021 06:44 EDT

London healthtech Heydoc raises £6.1M for developing integrated clinical system managing patients efficiently

Headquartered in London, Heydoc is a cloud-based clinical system covering medical and administrative tasks of healthcare providers. Now, the integrated clinical operating system and electronic health record (EHR) has raised $8.3 million (nearly £6.1 million) in a Series A funding round. Expansion in UK and beyond The investment round was led by Smedvig Capital with existing ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 09/29/2021 05:29 EDT

Al Gore’s Generation takes $600M stake in Octopus Energy to drive sustainability and fight against climate change in the UK

Driving the green energy revolution in the UK and around the world, supplier of green electricity in the UK, Octopus Energy Group has announced a strategic partnership with Al Gore’s fund company Generation Investment Management to back businesses supporting sustainability and the fight against climate change. London-headquartered Octopus Energy has taken $600 million of additional ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 09/28/2021 10:20 EDT

Tony Blair’s son Euan Blair raises $130M for Multiverse, UK’s edtech nearing unicorn status

Tech apprenticeship startup co-founded by the oldest son of former UK Prime Minister Tony Blair, Multiverse is nearing the billion-dollar ‘unicorn’ status after having closed a $130-million funding round to allow it to meet the growing demand for professional apprenticeships in both the UK and the US. The Series C round was led by D1 ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 09/28/2021 06:56 EDT

London’s automated insurance platform grabs £1.5M funding; to launch app in October

During the pandemic crisis, global e-commerce sales have surged and are estimated to reach $6.3 billion by 2024. Apparently, there is an increased demand for goods-in-transit cover. This is where London-based Anansi Technology, an embedded insurance platform for goods-in-transit, shippers’ internet and cargo insurance comes to play. It provides all aspects of insurance, thereby enabling ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/28/2021 06:40 EDT

Spond, a sports tech platform that organises community sports in Norway and UK secures £8M funding

Spond, a free platform used to organise community sports and other group activities, has secured £8 million in funding from the investment company Verdane. The company is planning to use the funds to expand its operation globally.  Organising group sports Founded by Per Otto Wold, Spond makes it easy to organise groups for either children ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 09/28/2021 06:30 EDT

Smart building app Witco launches in the UK with $14M funding

Witco is a smart building app that lets commercial and residential buildings be more serviced, collaborative and flexible for an enhanced customer experience. In a recent development, the French startup bagged $14 million (nearly £10.2 million) in a Series A funding round as it is gearing up to launch in the UK. UK launch plans ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 09/28/2021 05:47 EDT

UK’s leading game developer Marmalade grabs £22.5M investment from LDC

London-based LDC is a leading mid-market private equity house in the UK. It is the private equity arm of Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority. Now, LDC announced that it just completed a £22.5 million investment in Marmalade Game Studio (Marmalade), a market-leading game developer and publisher in ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/28/2021 04:00 EDT

These UK cities are ideal to start a new tech business in 2021

Undoubtedly, the pandemic has disrupted the global economy and has left a scar on it forever. While 2021 may not be felt like the most obvious year to start a business, Britons have not failed to use the chance. Many have proved their entrepreneurial spirit this year despite the pandemic effect and it is evident ... Read more ›

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