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Staff Reporter @ UK Tech News 1 place · 07/23/2021 07:00 EDT

French startup that helps find online threats and vulnerabilities picks £13.7M for UK expansion

Bug Bounty programs (BBPs) are becoming a mainstay in the security strategy of the organisation. Big tech companies like Apple, Microsoft, Facebook, and others, often conduct BBPs to detect, fix & secure vulnerabilities.  The global Bug Bounty market was valued at $223.1 million (approx £162.4 million) in 2020 and is expected to reach $5,465.5 million ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 07/23/2021 06:30 EDT

UK-based VCs lead £8M investment in this French open-source API management platform

In this digital era, there is a surge in the need for connected software and APIs are now ubiquitous. Eventually, this is an increased reliance on APIs as these bring endless possibilities and it requires these to run perfectly every time. For businesses, keeping track of the complex web of APIs being developed and used ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 07/23/2021 06:30 EDT

Index Ventures steps up with $3.1B to support founders from seed stage to IPO

While the pandemic was devastating in so many ways, COVID-related restrictions created an opening for founders to reimagine the world, transcending physical boundaries. Companies and people had to adapt to the digital world seemingly overnight, challenging the established norms of the traditional work contract. The world is witnessing a fresh generation of founders, with bolder, ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 07/23/2021 06:09 EDT

Baird Capital eyes growth in UK portfolio with $340M second global fund

Baird Capital, the global private equity and venture capital arm of US-based Baird, is planning to expand its UK portfolio. The group has now announced the final close for its second Global Fund (Global Fund II) with over $340 million in committed capital. The fund will be used in markets, including the UK for buyout ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/23/2021 06:00 EDT

Sales Impact Academy, London’s go-to-market learning platform secures $4M funding

As of now, there is nearly no formal structured education in modern sales and each member of the go-to-market profession is learning on the job, creating wildly varying skills and lengthy onboarding processes. This impacts the potential success of early-stage companies at a time when there is an unprecedented demand for go-to-market talent in the ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/23/2021 05:30 EDT

London’s Clim8 picks up £2.85M for its sustainable investment app

London-based sustainable investment app Clim8 Invest is meant for those looking for a simple way to invest in the future of both themselves and the planet. Recently, this investment platform eyeing to bring a positive impact on climate change has closed its latest crowdfunding campaign on Crowdcube, hitting £2.85 million from over 1,800 investors. This ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/23/2021 04:54 EDT

This Oxford-based electric motor company is helping Mercedes-Benz to become an EV-only brand

Electric Vehicles (EVs) are hot stocks now! A growing number of automobile manufacturers and investors are recognising the major shift happening in the industry globally. A report says the electric motor market is expected to reach $169.1 billion by 2026, at a CAGR of 6.9%.  Consequently, legacy car companies like Honda, General Motors (GM), Ford, ... Read more ›

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UK Tech News
Ritam Gandhi @ UK Tech News · 07/23/2021 03:30 EDT

The winning formula for effective product design

It is well understood that the key to any successful new product launch is a measured and considered planning stage. The issue for most businesses comes in implementing an appropriate process. Many will launch into planning and design with the best of intentions on structured planning, but fail to consider some critical elements which could make or break the ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/22/2021 06:50 EDT

London-based B2B software investor Dawn Capital launches second fund with $120M funding

B2B software is a trillion-dollar industry and Europe has become the centre of this industry-defining tech. London-based Dawn Capital is one of the leading specialist B2B software investors in Europe. Now, it has closed Dawn Opportunities Fund II and raised $120 million (nearly £86 million) to continue investing growth funds to its best-performing portfolio companies. ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 07/22/2021 06:37 EDT

Booking.com rival alert: UK’s most-valued fintech giant Revolut enters travel sector with Stays

British fintech giant Revolut is now making its entry into the travel industry with a new service that allows users to book travel accommodation and receive up to 10% cashback. It is also the company’s first non-financial or insurance product launch. The move comes right after the digital bank announced its monster funding last week, ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/22/2021 06:20 EDT

Report: UK seed-stage startups funding round down by 36% from 2018-peak

Amidst the pandemic, there has been a decline in the number of first-time funding rounds into UK seed-stage startups for the second consecutive year in 2020. This was at its peak in 2018 and dropped by 36% last year, claims a research by SFC Capital, the UK’s most active seed-stage investor. The data indicates that ... Read more ›

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UK Tech News
Akansha Srivastava @ UK Tech News · 07/22/2021 05:54 EDT

Jiffy vs Dija vs Weezy vs Zapp vs Getir vs Gorillas: Who’s the fastest and the cheapest?

Clearly a lot is happening in the global online grocery market right now and the UK is no behind. Online grocery shopping has skyrocketed up 230% compared to pre-pandemic levels. A host of European and UK startups have launched with the promise of delivering grocery online within 10-15 minutes and they all are battling each other ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/22/2021 05:52 EDT

Report: UK seed-stage startups funding round down by 36% from 2018-peak

Amidst the pandemic, there has been a decline in the number of first-time funding rounds into UK seed-stage startups for the second consecutive year in 2020. This was at its peak in 2018 and dropped by 36% last year, claims a research by SFC Capital, the UK’s most active seed-stage investor. The data indicates that ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News · 07/22/2021 05:00 EDT

SaaS startup Postoplan secures $1.5M to open UK office and offer freemium marketing tools to SMEs

For people working in the media or anyone who owns a website and needs to send info to users, automated marketing platforms are a lifesaver. One could post manually on multiple websites such as Facebook, LinkedIn, Twitter and others, but the smarter way to do this would be to use a service that automates this ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/22/2021 01:00 EDT

Headless CMS startup GraphCMS secures $10M Series A from UK-based VC

GraphCMS, the Berlin-based company behind the GraphQL-native Headless CMS (Content Management System), has raised $10 million (approx £7.2 million) in funding in a Series A round.  Helsinki and London-based early-stage VC OpenOcean led the funding round, bringing GraphCMS’s total funding to $13.7 million (approx £10 million). Further, the investment was led by their UK-based GP ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 07/21/2021 08:08 EDT

Monzo founder Tom Blomfield invests in UK startup transforming elderly care sector

The UK elderly care sector comprises 12,500 care homes with a combined total of 480,000 registered beds. A rapidly ageing population means the elderly care sector will be unsustainable by 2028 without increased investment, improved transparency and new technology. Attempting to tackle this issue is newly launched UK-based Lottie, which has now received an investment ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/21/2021 05:49 EDT

Spendesk bags €100M to reinvent corporate credit cards in the UK

For a growing business, it is crucial to have two things – the right people and the right tools, especially when managing money. Without proper implementation, those seemingly trivial budget leaks will bleed your money in due course.  An appropriate spend management solution can prevent unnecessary expenditure and cushions businesses against shrinking margins. However, finding ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 07/21/2021 05:28 EDT

HR tech platform simplifying remote working secures £75M for growth expansion in UK

Employers all around the world are faced with a myriad of challenges in managing their distributed workforce in the remote working trend. Australian all-in-one HR, payroll and benefits platform, Employment Hero helps reduce employment compliance burdens so they can focus on thriving. It empowers SMEs by providing automated solutions. In a recent development, the company ... Read more ›

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UK Tech News
Rebecca O'Keeffe @ UK Tech News · 07/21/2021 04:30 EDT

Want to work for online grocery tech startup in London? These jobs in food tech are for you

Are you looking for a new job at the moment? How exciting! However, we know it can be stressful and somewhat scary at the best of times, particularly now, as we come out of a pandemic.  So, we wanted to help. We have a job board bursting with really great opportunities all over the UK ... Read more ›

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UK Tech News
Megha Paul @ UK Tech News · 07/21/2021 04:00 EDT

Oliva launches in the UK with £2.2M to address rising mental health crisis in workplaces

Mental health and effects of anxiety can have a far-reaching impact on productivity. Hence, in an uncertain world like ours, an ever-increasing number of employers are implementing changes that foster mental wellness for their employees. Add to it the trauma and uneasiness caused by the pandemic, more organisations are attempting to focus on the emotional ... Read more ›

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