The creator economy has boomed significantly in recent years. As per a 2018 SignalFire report, over 2 million creators around the globe are earning 6-figure incomes. The current pandemic has only helped spur that momentum further. However, some of the most widely popular platforms such as Facebook, YouTube and Instagram, often get between creators and ... Read more ›
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London-based open banking fintech Yapily has recently secured $51 million in Series B funding to expand its open finance infrastructure across Europe. The funding round was led by Sapphire Ventures, but also included additional funding from existing investors Lakestar, HV Capital and Latitude, whose initial investment fuelled Yapily’s growth to becoming a leading banking infrastructure ... Read more ›
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Corporate payments have traditionally happened via bank transfers or corporate credit cards. Both these methods bring a unique set of administrative hassles and security risks. And, of course, once the transactions are complete, there is a haze of receipts, expense reports, reimbursements, budgets, and analysis – none of which is connected. Attempting to solve this ... Read more ›
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The past year and a half has been an eye-opener from many perspectives. But a trend that has made people sit up and take notice is the sheer number of young startups in the UK blazing down the highway and making it big. They have, succinctly speaking, disrupted and reordered the new company lifecycle and ... Read more ›
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The past two months have been stressful for cryptocurrency investors due to massive turbulence. The value of popular cryptocurrencies including Bitcoin, Ethereum, and others, have fallen sharply during the crash. Many cryptocurrencies staged a decent comeback, but the cryptocurrency market is still volatile and uncertain. This dubious situation has left investors divided, as some are ... Read more ›
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Worldr, a communications platform that offers users secure messaging, has just finalised a $3 million seed round. Led by IQ Capital, the Cambridge-based deep-tech VC. Further, investors include some of the biggest names from tech and security, including Playfair Capital, CyLon, Credit Suisse’s Adreas Wuchner and Privitar co-founder John Taysom. Founded by Max Buchan, who ... Read more ›
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Collectiv Food, the London-based startup that develops a direct-to-producer platform connecting food producers with consumers has raised £12 million in its Series A funding round. The round has been led by VNV Global, along with VisVires New Protein (VVNP), Octopus Ventures, Norrsken VC, and existing investors such as Partech, Colle Capital and Mustard Seed. It ... Read more ›
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Climate change is one of the most urgent challenges that the global community is facing right now. Due to this, there is an increasing threat of natural calamities including flooding, hurricanes, wildfire, and drought. Also, the soaring temperatures around the world is caused by climate change. It is important to understand these risks and the ... Read more ›
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Chinese tech giant Tencent has announced the acquisition of British video game company Sumo Group for $1.27B (approx £926M). Post the announcement, the shares of Sheffield-based game firm jolted some 40%. Tencent holds some 8.75% of the stake in Sumo and has now offered 513 pence in cash per share, a 43% premium to the ... Read more ›
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Interlay, an interoperability startup focusing on investing, earning and paying with BTC on any blockchain, recently announced its seed capital raise of $3.04 million. The seed funding round was led by IOSG Ventures, and co-investors including Blockchain.com, Launchub Ventures, CMS Holdings, KR1, Hypersphere, Zeeprime, and angels (Blockchain.com CEO & ex-Bitmain leadership) as other major participants. ... Read more ›
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Manchester-based Vivify has created an advanced booking platform digital platform and a fully managed service where under-utilised school facilities can be listed for hire to maximise social and physical activities within communities and generate much-needed revenue for schools. Multi-million funding round Now, the multi-family investment office, Arete, has announced a significant investment as part of ... Read more ›
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Coventry-based biotech, NanoSyrinx has raised a further £6.2m of seed financing, co-led by incoming Octopus Ventures and existing investor M Ventures (Amsterdam, The Netherlands), the corporate venture capital arm of Merck KGaA. Previous investors BioCity and the UK Innovation & Science Seed Fund (UKI2S) joined the funding round along with experienced deeptech investor IQ Capital ... Read more ›
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The Silicon Gorge tech cluster in the UK comprises Bristol, Gloucester, Swindon and Bath. Of late, this region is burgeoning into an active tech hub with several innovative companies. Of these, Bristol itself is a strong and robust fintech landscape alongside other industries including biotech, robotics, VR, digital and deep tech showing progress. Notably, Bristol ... Read more ›
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Menopause care has been an under-researched and under-financed market to date, despite the fact that half the population could benefit from improved treatments in this area. By 2025, 1.1 billion women are expected to be postmenopausal. According to Crunchbase, the space represents $600 billion of spending opportunity but is still largely untapped by startups that ... Read more ›
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In 2020, many European countries witnessed a double-digit growth rate in the sales of electric vehicles. As a result, the European market captured around 43% of the global EV sales last year, which is higher than 26% in 2019. It is projected that the overall sales of EVs will cross the five million mark by ... Read more ›
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German mobility company FlixMobility offers alternatives for convenient, affordable, and environmentally-friendly travel via the FlixBus and FlixTrain brands. The company’s FlixBus service is the fastest-growing and most innovative intercity-coach provider in the UK. Now, it is expanding once again. Notably, this follows the $650 million (nearly £460 million) Series G funding it secured in early ... Read more ›
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A biotech company based in Nottingham – NuVision Biotherapies has come up with a product, which helps to heal eye injuries efficiently and wants to revolutionise the treatment of other wounds. The company recently picked up £1.8 million funding. This is the fourth fundraising round secured by NuVision to date. With this round, the total ... Read more ›
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European early-stage venture firm headquartered in Berlin, Project A Ventures, has brought its “Operational VC” model to UK startups by opening its first international office in London. The VC investor with the largest platform team in Europe has been contributing to the UK startup setup since 2012, and investment team members have been on the ... Read more ›
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Skymind, which bills itself as the world’s first dedicated AI ecosystem builder, is focusing on the UK with its $800 million AI investment fund. Although the fund is global, the restrictions of the Covid-19 pandemic meant that much of the focus was geographically near the Malaysian base of its leadership team. However, having announced their ... Read more ›
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London-based banking and payments app Revolut has become the most valuable British fintech company on record in British history after raising close to £600 million in a new fundraising led by SoftBank’s Vision Fund and Tiger Global Management. The new fundraising makes the banking and payments app worth more than the market capitalisation of mainstream ... Read more ›
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28.06.2026 10:35
Last update: 10:30 EDT.
News rating updated: 17:32.
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