Telefónica Tech is a Spanish company that intends to bring about a digital transformation. The company offers a wide range of services and integrated Technological solutions in Cybersecurity, Cloud, IoT, Big Data and Blockchain. Acquisition of Cancom UK&I Now, Telefónica Tech appears to be focused on continuing its organic and inorganic growth plan, which enables ... Read more ›
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AIM-listed proptech essensys, the aims to integrate software and technology to the flexible workspace industry has recently announced to have raised £33.2 million in profits through a primary share placing. With the latest funds, the London-based proptech aims to continue its global expansion through an accelerated go-to-market strategy and product development, among other goals. “The industry ... Read more ›
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Cryptocurrencies are in the thick of hundreds of controversies, if not thousands! These high-yielding financial assets had a difficult journey right from the start. The primary reason is the lack of central authority (decentralised payment network), and hence governments globally are afraid of it. Most governments fear the usage of Bitcoin for illegal activities like ... Read more ›
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A consortium based in West Yorkshire and Greater Manchester has been granted £22.6 million from the £127 million Strength in Places Fund of the Government. Notably, this consortium is one of the five projects that will be backed by the research and development fund. Each of these projects have been selected based on the livelihood ... Read more ›
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Many people experience sleep challenges all over the world. Termed insomnia, the condition is estimated to have affected one in three people across the world. Besides medication, there are some offerings that focus on limiting sleep and help them sleep better. One such offering is an innovative, data-supported handheld device for people with insomnia called ... Read more ›
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Recently, Elon Musk’s Neuralink implanted a chip in a monkey’s brain enabling him to play video games using his mind. To reiterate, Neuralink is working on an ultra-high bandwidth brain-machine interface to connect humans and computers. Now recently, Neuralink has raised a Series C round from Google Ventures and others, while its competitor Synchron is making in-human ... Read more ›
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The shortage of space for storage in urban homes has been the grim reality of many cities in Europe. The development of urban self-storage, inner-city, close-meshed and decentralised micro-logistics hubs is a fast-growing global market trend, which is receiving a massive boost from the Coronavirus pandemic and ever leaner logistics solutions. Europe and the UK ... Read more ›
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While many people are eyeing to witness the transition to net zero, the decarbonisation of transport is one of the most significant and challenging factors in realising the same. There are attractive incentives to encourage consumers to swap to electric vehicles and purchasing costs are taking a plunge but access to charging points remains a ... Read more ›
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The new wave of BNPL startups has now gathered gargantuan momentum, prompting new competition. The Swedish player Klarna and the US player PayPal may have set the tone in the BNPL sector but the new players in the UK that are upping the ante in this game. With Zilch raising massive funding last weekT and ... Read more ›
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A venture fund based in Luxembourg, Fabric Ventures, aims to back the founders of the Open Economy across the world. Now, it has launched a $130 million fund that comprises $30 million funding from the European Investment Fund (EIF). Other notable limited partners in the new fund include Niklas Zennstrom’s venture firm Atomico, Mike Novogratz’s ... Read more ›
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We all know how big of an impact, companies can have on the world around us. ESG (Environmental, Social and Governance) reporting is a great way to assess this impact and traditionally, a few large organisations with budgets and resources to spare were the ones publishing these reports. However, the pressure to publish ESG reports ... Read more ›
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Flock, a London-based insurtech startup that provides usage-based insurance for fleets of commercial vehicles, has raised $17 million (approx £12.2 million) funding in Series A round. This round brings Flock’s total funding to $22 million (approx £15.8 million). Who backed Flock? Leading the round is Social Capital, a leading Californian investment firm run by Chamath ... Read more ›
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Smart energy platform, Greenely, based in Stockholm empowers consumers to make smart, eco-friendly choices about their energy consumption and drive down costs as well as benefit the environment. Today, the company announced that it has bagged £1.6M in a funding round. UK expansion in 2021 The investment round includes £502K in growth financing from UK-based ... Read more ›
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The news is just in that Vira Health has raised £1.5 million in a seed funding round led by LocalGlobe and MMC Ventures, with investment from angels including Hearst Ventures’ Megumi Ikeda, Elvie’s Andrea Zitna, and former Spotify executive Sofia Bendz. The announcement comes as Vira Health prepares for the launch of their first app, ... Read more ›
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Based in London, Noetic Cyber is a new entrant to cyber asset and controls management markets. The company uses a cloud-based platform to provide teams with unified visibility of all assets to make faster, more accurate decisions to detect coverage gaps and reduce cyber risk. Raised $20M Recently, the cybersecurity startup has raised $20 million (approx ... Read more ›
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Currently, many NHS Trusts use spreadsheets or outdated systems to manage their complex rota systems. This leaves individuals with little to no control over the hours or days they work. If a staff member is unwell or a ward is understaffed, NHS teams have to manually contact temporary staff or resort to expensive recruitment agencies ... Read more ›
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A medtech company based in Nottingham, 4D Biomaterials, which has developed a new biomaterial used for 3D printing medical implants, has picked up £1.6 million in a recent funding round. Investors galore The investment round was led by DSW Ventures and backed by the MEIF Proof of Concept & Early Stage Fund, which is managed ... Read more ›
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Berlin-based consumer tech subscription startup Grover enables people to subscribe to tech products on a monthly basis instead of buying them. Today, the company has announced that it has secured over $1billion (nearly £72 million) in the largest funding round in the circular economy space. To increase circulations by 2024 The equity and asset-backed financing ... Read more ›
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A couple of months after acquiring Amsterdam-based Bloomon, Bloom & Wild, a London-based online flower delivery and gifting platform, has made another acquisition. The UK startup that has established itself as a trusted flower delivery brand has now bought Bergamotte, a French-based competitor, for an undisclosed sum. The acquisition has quadrupled the size of Bloom ... Read more ›
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All-in-one HR software for small- and medium-sized companies, Personio, based in Munich works with the mission to make HR processes transparent and efficient. Now, the fast-growing HR tech company has announced its UK expansion plans. Opens new office in London Of late, Personio has experienced strong demand in the UK as businesses have recognised the ... Read more ›
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27.06.2026 03:24
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