A London-based SaaS regtech provider, PassFort that automates financial crime & compliance processes has just announced that it closed $16.2 million (nearly £11.7 million) in a Series A funding round. Global growth plans The investment round was led by US growth equity fund, Level Equity alongside participation from existing investors, including OpenOcean, Episode 1 and ... Read more ›
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London-based fintech infrastructure platform, Integrated Finance, helps businesses build, expand and manage the financial infrastructure. Today, the company just secured £2 million in a seed funding round. Growth plans ahead The investment round was led by Octopus Ventures, one of Europe’s most active early-stage VCs alongside participation from 500 Start-Ups, SuperSeed Ventures, and prominent Angels ... Read more ›
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Amidst the pandemic crisis when online learning dominates the field of education all over the world, several edtech startups are establishing their presence in the market. One such startup is Tutorful, a Sheffield-based edtech platform, which has announced that it picked up £3 million in funding. International expansion plans The investment round was led by ... Read more ›
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eClerx was founded in 2000 by Anjan Malik and PD Mundhra with the goal of transitioning, managing and transforming complex business processes. Following successful careers in investment banking, Anjan and PD, graduates of University of Pennsylvania’s Wharton School of Business, jointly identified significant opportunities for providing innovative services and solutions to large global companies undergoing rapid business transformation ... Read more ›
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London-based Wombat Invest has quickly become one of the fastest-growing investment apps and services available in the UK. Competing head-to-head with Robinhood and Trading 212 and helping thousands of people take their first steps in investment, the Britain startup has some big plans to capture the global market in the coming years. In a recent ... Read more ›
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When it comes to UK’s tech sector, Scotland has strengthened as a leading technology sector destination. While there are many clusters of ambitious tech companies across Scotland, these are mostly found in four largest cities such as Edinburgh, Glasgow, Aberdeen and Dundee. Aberdeen-based BrewDog is one of the most successful stories of the region and ... Read more ›
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Sexual health is often regarded as a private matter and men usually have a hard time discussing it. There’s also notable stigma attached to men’s sexual issues such as Erectile Dysfunction (ED) and premature ejaculation. The digital platform for men’s health Numan is Helping men with their private issues and it has now raised £30 ... Read more ›
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Perceptual Robotics, a Bristol startup develops drones and computer vision algorithms for the autonomous detection and analysis of faults on large infrastructure. Now, the startup announced that it closed £1.6 million in a new funding round. Investors galore The investment round was led by TSP Ventures, an early-stage Venture Capital Fund that supports businesses focusing ... Read more ›
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London-based Snyk is the world’s first developer security platform that helps developers build secure applications and security teams to meet the demands of the digital world. In a recent development, the company secured a whopping $530 million (nearly £380 million) in a Series F funding round. Triples valuation in 2021 The investment round was co-led ... Read more ›
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Global spending on warehouse management systems is expected to hit $24 billion by 2028. This growth is attributed to the surge in e-commerce businesses and activities all over the world. At this point in time, the American intelligent location-aware warehouse management orchestration platform, Fulfilld comes to play. To launch in UK and Europe In a ... Read more ›
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A new smartphone app that pays Gen Z consumers – Zedosh from London is now officially open to brands following a beta test phase. Now, the app has secured £400K in a recent funding round. This investment round came after the £250K pre-seed funding it bagged in early 2020 to disrupt the digital advertising industry. ... Read more ›
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Switzerland-based Batmaid is part of Batgroup, which provides a 360° cleaning solution to those in need while fighting the black market on as many fronts as possible. Now, the platform that lets users hire preselected home cleaners has secured €23 million (nearly £20 million) in Series B funding. London expansion plans The investment round was ... Read more ›
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At the start of this year, the new proptech startup SearchLand launched its site sourcing platform. Built over a ten-month period during the pandemic, SearchLand is a software-as-a-service solution aiming to disrupt the way in which people and businesses source plots of land for property development and investment. UKTN spoke to Hugh Gibbs, one of SearchLand’s co-founders, to find out more about the background to ... Read more ›
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Artificial intelligence (AI) is transforming the way we live, work, travel, and do business. It touches all aspects of modern life, from finance, national security, health care, criminal justice, and of course driverless cars. The expertise of British AI companies, some of the world’s most innovative, contributes significantly to this increase in global economic growth ... Read more ›
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In recent years, there are debates over work locations and office culture all over the world. Employees and employers are having an open conversation about the future of work as they adapt to new working conditions and there is an increased awareness of harassment and other issues in the workplace. This is where the Manchester-based ... Read more ›
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The first luxury beauty buyers’ club headquartered in London, BEAUTY PIE is eyeing to capitalise on the surge in the online sales of beauty products. Now, the startup has picked up £72 million in a Series B funding round. Growth plans ahead The investment round was co-led by Index Ventures and US-based global private equity ... Read more ›
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An equity management platform from Switzerland, Ledgy is built for the high-growth companies. The platform has now closed $10 million (nearly £7.3 million) in a Series A funding round to change the culture of equity and ownership. To Expand into UK and Europe The investment round in Ledgy was led by Sequoia Capital and marks ... Read more ›
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Exscientia is a pharmatech company that uses an end-to-end AI platform to design and discover new drugs. In the latest development, the Oxford-based company has announced a four-year collaboration with the Bill & Melinda Gates Foundation to develop small molecule therapeutics that tackle the current Coronavirus pandemic and help prepare for future pandemics. What’s the ... Read more ›
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One of the most significant players in the UK’s fintech industry, the insurtech sector has emerged as a clear winner. Even amid a myriad of economic disruptions caused by the pandemic, the sector has been reaping huge investments.  Adding to this intense competition in the sector is London-based digital motor insurance startup Marshmallow which has ... Read more ›
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Homeppl, a London-based startup that makes rentals easy for everyone, with less bureaucracy and more automation, has secured $1.4 million (approx £1 million) in funding at a post-money valuation of $13.5 million (approx £9.7 million). The round was led by Hong Kong-based VC ParticleX and Venionaire Ventures on behalf of the European Super Angels Club. ... Read more ›
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25.06.2026 17:17
Last update: 17:06 EDT.
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