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UK Tech News
Staff Reporter @ UK Tech News 2 place · 09/17/2021 07:27 EDT

All-in-one e-commerce shipping platform Sendcloud plots UK expansion with £128M funding

A leading European all-in-one e-commerce shipping platform, Sendcloud empowers online retailers to compete by optimising the full shipping journey from checkout to returns. Now, it has closed a $177 million (nearly £128 million) in a Series C funding round. UK expansion plans The investment round was led by Softbank Vision Fund 2 with a significant ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 09/17/2021 06:30 EDT

Unleash live raises $8M in Series A to scale AI apps for enterprise analytics

Unleash live is one of the world’s leading AI video analytics platforms. Now, it announced that it closed an $8 million (nearly £5.8 million) in a Series A funding round led by SafetyCulture. Notably, SafetyCulture is a global operations platform empowering teams to drive workplace improvements and one of the fastest-growing technology companies in Australia. ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/17/2021 05:55 EDT

UK cloud tech platform Civo secures £1.4M from Softbank-backed THG Ingenuity

UK-based Civo, the first pure-play cloud native service provider, enabling tech companies to host core applications with ease. Today, it announced that that THG Ingenuity, the technology Division of THG, has invested £1.4 million to take a minority stake in the company. THG Ingenuity’s first investment This is THG Ingenuity’s first strategic investment since its ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 09/16/2021 07:40 EDT

QED Investors, a VC focused on fintechs closes $1.05B in oversubscribed Fund VII

US-based QED Investors is one of the leading venture capital firms in the world. In a recent development, the VC firm announced that it has closed an oversubscribed seventh fund (Fund VII) with capital commitments of $1.05 billion (nearly £0.76 billion). UK expansion on cards Notably, Fund VII of QED Investors comprises a $550 million ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 09/16/2021 07:31 EDT

London-based Martin’s Properties invests £3M in Love Ventures

In the latest development, Martin’s Properties, a property investment and development company, has invested £3 million in Love Ventures’ latest fund. The London company’s investment will provide strategic support to Love Ventures to assist its growth, as it builds its team of multidisciplinary professionals and continues to raise capital ahead of its Fund II close ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 09/16/2021 07:23 EDT

London cloud-based payment fintech Form3 gets $160M funding, plans US foray

London-based Form3 designs, builds and runs the technology that powers the future of payments. Today, the company just announced that it picked up $160 million (nearly £116 million) in a Series C funding round. Plans to foray into US The investment round was led by new investor Goldman Sachs along with participation from Draper Esprit, ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/16/2021 06:30 EDT

Martlet Capital, a deeptech early-stage investor from Cambridge raises £12M to invest in acquisitions

Cambridge-based Martlet Capital is an early-stage deep tech investor that has backed over 60 startups with high-growth potential. Today, a London-based pan-European investor focused on B2B companies, EMV Capital (EMVC) has announced that it has invested £12 million into Martlet Capital along with Saranac Partners, a leading private office and other investors. Eyes to expand ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/16/2021 06:00 EDT

Leicestershire-based insurtech Previsico gains £1.75M funding for next-gen flood warning solution

Floods are one of the most destructive natural disasters, causing extensive damages to human life, infrastructure, agriculture, and the socioeconomic system.  Therefore, governments are under pressure to develop a reliable and sustainable flood risk management focusing on prevention, protection, and preparedness.  Here’s where Previsico, a Leicestershire-based startup, comes into play. Previsico, a spinout company from ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/16/2021 06:00 EDT

Conference hardware partner Neat secures £22M funding from Zoom, eyes to open office in London

The Oslo-based Neat designs simple and elegant pioneering video devices that make virtual meetings feel almost as real as meeting face-to-face. Now, the pioneering video device company has announced that Zoom Video Communication has invested an additional $30 million (nearly £22 million) in it. Investment from Zoom With this investment, Neat has a total valuation ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/16/2021 05:43 EDT

AhoyConnect that builds HubSpot for community managers bags $3M funding

AhoyConnect is an all-in-one community intelligence platform, which aggregates data from applications. Now, the company announced that it has bagged $3 million (nearly £2.1 million) in a seed funding round. Focuses on building UK team The investment round was led by Inovo Venture Partners and KAYA and additional funding from existing investor Lighthouse Ventures. AhoyConnect ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/15/2021 07:30 EDT

Manchester-based Sourceful is a platform that uses data to enable companies to source and manage eco-friendly products for their business. The company just announced that it raised $12.2 million (nearly £8.8 million) in funding. Investment led by index Ventures The financing round was led by Index Ventures, with participation from Eka Ventures, Venrex and Dylan ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/15/2021 06:15 EDT

Digital trade platform for SMBs, MODIFI secures $24M funding, reaches $120M valuation

The COVID-19 pandemic left the SMBs stranded. This is where the global fintech MODIFI based in Berlin comes to the rescue as it operates with the mission to empower SMBs to trade and grow their business and benefit local economies. Now, the fintech that helps small and medium-sized businesses (SMBs) finance and manage their international ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 09/15/2021 05:44 EDT

UK healthtech accuRx that helped arrange 21 million COVID-19 vaccines just raised £27.5M

When it comes to patient care, communication is often fragmented and felt by patients in almost every health system worldwide. Addressing this challenge in the growing global healthcare industry worth $8.3 trillion, accuRx offers the first collaborative communications platform that brings patients and their healthcare teams together as a crucial step in integrating care. Digital ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 09/15/2021 04:44 EDT

London-based refurbished electronics startup Reboxed raises £1M to rehome 100M devices by 2030

Consumer electronics is one of the world’s most polluting industries generating around 50 million tonnes of e-waste every year. Around millions of mobile phones goes to waste every year, eventually ending up in a landfill. And every single one of those devices has taken precious earthly materials to create, at a cost to the environment ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News 1 place · 09/15/2021 04:40 EDT

London-based medtech Doccla grabs £2.4M funding for at-home virtual wards to support NHS

The COVID-19 pandemic caused a heavy influx of patients in hospitals worldwide, and most countries struggled to keep up. News of equipment and bed shortages were expected, but the London based medtech startup Doccla was using its tech to help people of the UK get hospital beds. Basically, the startup sets up virtual wards at ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 09/15/2021 03:30 EDT

Lightyear, a new stock trading app from early Wise employees secures £6.1M to launch in the UK

Martin Sokk and Mihkel Aamer, early Wise (previously TransferWise) employees, founded Lightyear in 2020 after realising they shared a strong common opinion — investing in Europe is broken. With Lightyear, the duo wanted to shake up the retail investment sector in Europe.  Raised $8.5M In the latest development, Lightyear announces an additional $8.5M in funding ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/14/2021 08:11 EDT

London’s MyTutor secures £15M to promote online private tutoring to more students in UK and beyond

London’s MyTutor is touted to be the most trusted tutoring platform in the UK. Also, it is the largest provider of in-school tuition in 2020’s Government-backed National Tuition Programme. Now, the company just secured £15 million in a round led by SEEK Investments and its existing investors including Mobeus Equity Partners. International expansion on cards ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/14/2021 07:39 EDT

Belfast-based CattleEye bags £1.8M for its autonomous livestock monitoring platform

Belfast-based CattleEye uses advanced AI in video analytics to deliver the world’s first hardware-independent autonomous livestock monitoring platform. Today, the company announced that it has picked up $2.5 million (nearly £1.8 million) in a seed funding round led by Techstart Ventures along with participation from Paris-based VC Seventure Partners and Turntide Technologies, a Silicon Valley ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/14/2021 07:36 EDT

World’s first digital therapy for treating erectile dysfunction has launched and raised $2.25M

It is estimated that over 150 million people globally are struggling with erectile dysfunction. As people seek treatment for this disorder, a US-based subscription-based app Regimen has gained traction. The app has just secured $2.25 million (nearly £1.62 million) in a seed funding round led by Ringier Digital Ventures. Eyes to initiate clinical trials Regimen ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 09/14/2021 07:07 EDT

London-based Vector.ai secures £11M to tackle growing productivity crisis in international freight forwarding

Freight forwarders globally lose billions of hours to cumbersome and time-consuming administrative tasks as they process billions of shipments every year. Based out of London, Vector.ai automates arduous tasks and processes that are necessary to move goods around the world on behalf of importers and exporters. Recently, the company that aims to tackle the growing ... Read more ›

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