UK-based BiVictriX, an emerging biotechnology company involved in the development of next-generation cancer therapeutics has raised £7.5 million gross proceeds after floating on the London Stock Exchange, giving a market capitalisation of £13.2 million. Eyes to accelerate growth BiVictriX was advised by Manchester-based full-service law firm Slater Heelis on its Admission to the AIM market. ... Read more ›
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UK’s leading online retailer from Manchester, boohoo group plc has recently published the ‘Economic Impact Report’ that details the current and historic gross value (GVA) it has and will continue to contribute to the UK economy. Also, the report outlines the significance of the group’s activities and operations. £500M investment boohoo has chalked out its ... Read more ›
2
It is estimated that the global shared transport market including micro-mobility will outgrow ride-hailing by 2030. This sector is expected to grow to $480 billion from $7.8 billion. This is evident as there has been an uptake in cycling in the last year as people seek sustainable and healthy transport options. London launch next month ... Read more ›
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Marshmallow, a London-based insurtech startup built by twin brothers Alexander Kent-Braham, Oliver Kent-Braham, and David Goate, is reportedly all set to become a unicorn. According to the latest reports, existing investors are about to make a capital injection that could value the company at $1.2 billion (approx £870 million). The official announcement is likely to ... Read more ›
0
London-based SaaS platform for last-mile delivery Ryde formerly known as Ryders wants to unlock hyperlocal last-mile delivery for every business across industries with its one-stop solution. Now, the platform announced that it picked up £2.5 million in a seed funding round. The investment round was led by Forward Partners that announced their IPO recently and ... Read more ›
0
Many companies come up with something innovative but many times, their product is cloned/faked to be sold at a much cheaper price online. While that might sound like an issue for big organisations, the reality is that even SMEs face the same problem. Additionally, getting into the legality of taking down such fakes is another ... Read more ›
0
A few years back, the construction industry was one of the most lacking sectors in terms of innovation and adoption of technology. With time, entrepreneurs across the globe are increasingly eyeing the construction industry as a market of opportunity. It is estimated that the construction tech market is worth €2 trillion now. Understanding the impact ... Read more ›
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Ridesharing, or rides-for-hire services like Uber and Lyft, have become popular alternatives to public transport and taxi services of late. Many commuters prefer using Uber and Lyft because of their sophisticated, app-based technology that puts control back in the passenger’s hands. Meet Zeelo, London-based mobility platform that has adapted the ridesharing concept to create a ... Read more ›
340
There is a lot of consumer interest in Buy Now, Pay Later (BNPL) as lending has grown significantly in recent years. Various surveys suggest the majority of UK consumers aged 18-24 prefer BNPL options over credit cards. As a result, competition in the BNPL space is increasing too. Acquires US’ NepFin To cement its leadership ... Read more ›
42
As per the research firm Gartner, the global sales of smartphones is estimated to hit 1.5 billion units this year. Faster connectivity, high-quality cameras, and long-lasting battery life are said to drive this growth. However, it is challenging to design a smartphone that will satisfy consumer demand and retain a sleek form factor. Adding to ... Read more ›
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The digital transformation of legacy businesses and sectors was greatly accelerated by the COVID-19 pandemic. Law and legal firms are no exceptions and the legal-tech startup PocketLaw is banking on this increased need for digital services. It reported revenue increase by a notable 500%, since the beginning of this year, and it has now announced ... Read more ›
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Since early 2020, several industries including travel and hospitality have been hit badly all over the world. Likewise, the pandemic has also left a dent on laser manufacturers too. To combat challenges placed on laser manufacturers by COVID-19, Edinburgh-based ultrafast laser manufacturer Chromacity has developed a remote installation capability for its optical parametric oscillators (OPOs). ... Read more ›
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Kroo, formerly known as B-Social, is building a new UK bank to allow its customers to easily participate in a shared financial activity with each other and champion social causes that impact their world. Raised £17.7 million Recently, the London-based company has raised £17.7 million in a Series A funding round led by tech entrepreneur ... Read more ›
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It is estimated that the UK spends over £3 billion on treating chronic wounds each year. In addition to this, there is a significant escalation in the cost, the considerable distress to patients and families if the only course of treatment for non-healing wounds is amputation. This calls for real innovation in this sector. One ... Read more ›
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Amidst the COVID-19, as people stayed at home a lot, there has been a surge in pet ownership as well. Reports from Pet Food Manufacturers’ Association suggest that there are over 3 million households in the UK that got a pet during the pandemic. Recently, Bought By Many, a pet insurance service provider, bagged $350 ... Read more ›
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Are you a high-growth business based in the UK with international ambitions? Silicon Valley Comes to the UK (SVC2UK), run out of London & Partners, has helped nearly 800 scaleups meet their ambitions through the Scale Up Club. Alumni businesses include Graze, Olio, and Bloom & Wild. And now, they are accepting applications from the UK tech businesses that will be ... Read more ›
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An adtech startup based in London, Playrcart turns regular advertising assets into instantly transactional storefronts with its patent-pending tech. In a recent development, the company announced that it picked up over £1 million in funding. Also, it has appointed a new Chairman to manage its operations. International expansion plans The investment round in Playrcart came ... Read more ›
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Many day-to-day people management tasks in healthcare, retail and hospitality, and leisure are still paper-based or haven’t been digitised. The pressure to complete the tasks efficiently by the end of the day can be nerve-wracking. To be honest, the manual processes are a daily source of lost productivity and frustration for employees and place an ... Read more ›
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If a design needs to deliver impressive results, it needs to focus on user experience and user interface. The key then is to balance the technicality and the visuals to keep users on a page or a website. In today’s time when user experience (UX) is not merely concerned with good looks and the domain ... Read more ›
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According to various experts, collaborative consumption as a crucial socio-economic model in the sharing economy has been experiencing rapid growth globally. As a result, on-demand car-sharing services have become increasingly prevalent in recent years. With cars idle for 96% of their lifespan, car-sharing represents the most modern version of car ownership, allowing car owners to ... Read more ›
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25.06.2026 22:15
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