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UK Tech News
Staff Reporter @ UK Tech News 2 place · 08/24/2021 03:00 EDT

Plentific, London proptech bags £72.8M to fuel growth and more

Based out of London, Plentific empowers landlords and property managers to deliver more efficient repairs and maintenance services.  Recently, the property management company, Plentific has raised $100 million in Series C funding, led by new investors Highland Europe and Brookfield Technology Partners. Other investors including, Mubadala Investment Company (Mubadala), RXR Digital Ventures, A/O PropTech, and ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 08/23/2021 08:08 EDT

London AI engineering software startup bags £8.5M to fuel international growth

London-based Artificial Intelligence Engineering (AIE) software platform, Monolith AI uses the latest techniques in machine learning to help significantly improve the product development process. Now, the company has picked up £8.5 million in a Series A funding round. Utilisation of funds The investment round was led by New York-based global private equity and venture capital ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 08/23/2021 06:09 EDT

London fintech Revolut launches new Payday feature in the UK

London-based fintech Revolut has announced the launch of Payday, a new feature that lets users unlock a portion of their wages early. This is an alternative to credit card debt and short-term credit. When a business integrates with Revolut, its users can access the Payday feature directly from the app. Currently, the Revolut Payday feature ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 08/23/2021 05:25 EDT

London-based fintech Paysafe agrees to acquire German firm viafintech

After acquiring PagoEfectivo and SafetyPay this month, London-based fintech company Paysafe has signed a definitive agreement to acquire market-leading German fintech company, viafintech, in an all-cash transaction. How does viafintech’s acquisition benefit Paysafe? The acquisition not only boosts Paysafe growth opportunities in Germany but also creates revenue-generating opportunities to cross-sell viafintech’s alternative banking and payments ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 08/23/2021 04:48 EDT

UK’s imageHOLDERS launches gesture-controlled touchless kiosk

Touchless self-service solutions avoid hand to kiosk contact and eliminate any hygiene concerns. According to a survey by UltraLeap, 80 per cent of consumers think public touchscreens are unhygienic amidst the pandemic crisis. Eventually, many companies now turning to no-touch tech and contactless devices. In this situation, UK-based imageHOLDERS is on a mission to be ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 08/23/2021 03:00 EDT

un:hurd, a London-based AI powered digital platform secures £250K to help independent music artists and record labels

Independent artists struggle to breakthrough in an industry dominated by major record labels. However, Un:hurd, a London-based digital platform, is set to change this.  The company will level the playing field, giving independent artists the level of music and marketing promotion that major labels provide their artists. Secured £250,000  Recently, a former Universal Music senior ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News 1 place · 08/20/2021 08:38 EDT

London-based Semeris scoops £600K to speed up legal documentation

One of the biggest challenges for legal professionals is coping up with high volumes of routine and cumbersome legal work. Attempting to solve this problem is London-based legal AI startup, Semeris. Designed to help financial services companies review, analyse and summarise legal documentation, the company aims to deliver ‘superhuman powers’ for anyone interacting with complex ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 08/20/2021 07:54 EDT

UK’s Stacker bags £14.6M to help companies build applications without coding

Technology is becoming more accessible, more intuitive, and cheaper. However, software creation still remains resource-intensive and inefficient.  This is because numerous companies still rely on traditional development models that require coding, lengthy review processes, and access to expert developers.  As an alternative, companies are adopting no-code development, a different approach that enables software creation that ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 08/20/2021 07:30 EDT

London-based Webiny that builds serverless solutions in minutes picks £2.5M

London-based Webiny is an open-source platform providing developer tools, libraries, ready-made apps and processes created for serverless development. In a recent development, the company has raised €2.9 million (nearly £2.5 million) in a seed funding round led by Microsoft’s venture arm M12 alongside participation from Samsung Next, Cota Capital, Episode 1 and YCombinator. The company ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 08/20/2021 06:54 EDT

Bullish to grow in the UK, female-founded SaaS startup BoardClic raises £1.4M

Evaluations and analysis of boards and management teams involve manual elements and consultant-heavy processes. Also, it was very limited to have a transparent, automated and data-driven process. There is a heavy demand for boards and management groups to switch to the modern digital evaluation process with digitalisation. Female founded Swedish company BoardClic addresses this issue ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 08/20/2021 05:33 EDT

UK-based consumer tech specialist Tactus Group secures £40M funding to fuel growth plans

UK-based Tactus Group, a consumer technology business has pocketed a £40 million investment to support its ambitious plans. The investment round was led by Chrysalis Investments that has backed global tech giants including THG, Wise, Klarna, Graphcore, wefox, and Starling Bank.  Growth plans ahead  Tactus Group intends to become a globally recognised gaming and consumer ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 08/19/2021 10:28 EDT

UK-based digital health startup Feel gets £3M boost from ITV

With a mission to clean up and disrupt the world of nutritional supplements, UK-based digital health startup Feel has recently raised £3 million investment from ITV AdVentures. Feel is one of the portfolio companies of Mark Pearson’s Fuel Ventures.  The London-based startup will be one of the first brands to join ITV AdVentures ‘media for ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 08/19/2021 08:38 EDT

Glencore invests in Britishvolt, the battery startup working on UK’s first gigafactory

The sales of EVs, be it both battery-electric and plug-in hybrid models in Europe has more than doubled last year accounting to 1.3 million units. As the mobility and energy transition accelerates, there is an increased demand for battery metals such as cobalt, copper and nickel. Glencore is already dominating this segment by being a ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 08/19/2021 07:12 EDT

Digital assistant for beauty professionals: Watalook picks £730K to expand in the UK

The beauty industry has enjoyed steady growth in the past! Post pandemic, the sector got a digital makeover, and the adoption of technologies like AI, Machine Learning, and more are on the rise.  Based out of Vilnius, Watalook is a young startup aiming to redefine the beauty tech market with its digital assistant for independent ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 08/19/2021 06:58 EDT

Ambitious Scottish startup Trojan Energy secures £2.2M to expand on-street EV charging network in the UK

A Scottish clean energy company Trojan Energy which develops unique technology to power on-street charging points for electric vehicles has now announced that it has raised a late seed round investment of £2.2 million. The investment round was led by Scottish angel investors Equity Gap, and also included participation from Scottish Enterprise, SIS Ventures and ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News 1 place · 08/19/2021 05:00 EDT

Cloud-based QA startup Qase.io bags $500K seed funding to futurise software testing process

Software testing is a big part of the tech industry, which is quite apparent from its whooping USD 40 billion market size in 2019. And despite multiple tools being already available in the market for testing, the all-in-one test management solution provider startup Qase is making a name for itself. The company has raised $500,000 ... Read more ›

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UK Tech News
Uzma Choudry @ UK Tech News 2 place · 08/19/2021 03:36 EDT

The future of Bioscience in UK, Europe and beyond: a VC PhD’s perspective

Bioscience is where tech, biology, venture capital, social change and, while we’re at it, the future of humanity converge. I feel privileged in my position as both a Venture Capitalist and a PhD in Biophysics and Synthetic Biology, to share a broad view on the future of Bioscience in the UK, Europe and beyond.   The ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 08/19/2021 03:00 EDT

Glasgow-based tech startup AND Digital enters Manchester, to create 60 new jobs

UK-based tech consultancy AND Digital accelerates the development of world-class digital capabilities. Now, the company just announced the launch of its latest office/club in Manchester. Opening of Club Jemison The new club of AND Digital will be called Club Jemison. It takes its name from the American astronaut Mae Jemison, the first woman of colour ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 08/19/2021 03:00 EDT

London-based tech startup AND Digital enters Manchester, to create 60 new jobs

UK-based tech consultancy AND Digital accelerates the development of world-class digital capabilities. Now, the company just announced the launch of its latest office/club in Manchester. Opening of Club Jemison The new club of AND Digital will be called Club Jemison. It takes its name from the American astronaut Mae Jemison, the first woman of colour ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 08/18/2021 07:58 EDT

Edozo, London proptech bags £2M to fuel growth and more

London-based Edozo is a software platform providing mapping and market data to the property industry. Also, it is one of the fastest growing property technology platforms in the UK. Now, the company has secured £2 million from venture investors in the first half of 2021. Plans to scale in 2022 The investment round was led ... Read more ›

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