Bower Collective is a direct-to-consumer digital platform for sustainable home and personal care products. With a mission to eliminate plastic waste, the London-based company has raised £2.1 million in seed-stage funding. Growth plans The investment round was led by Oxford Capital and Doehler Ventures. Also, a number of prominent angel investors participated in the round ... Read more ›
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To help stimulate the world’s economies and new trade rules between the UK and the rest of the world in the post-Brexit scenario, regulations have been evolving rapidly. Adding on to Brexit, new EU trade rules have also been introduced from 1 July this year. These two developments have completely changed the way goods move ... Read more ›
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Nasal or throat swabs are a thing now! Sticking up a long swap up the nose can be more uncomfortable than it is painful. No wonder why kids and age-old adults freak out! In this case, it is important to make COVID-19 testing as easy and comfortable as possible, at least for the younger and ... Read more ›
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Stockholm-based Logical Clocks is best known for its world’s first Enterprise and open-source Feature Store with an end-to-end machine learning platform. Now, the company has picked up €5 million (nearly £4.2 million) in a Series A investment round. UK expansion plans The investment round was led by Industrifonden alongside participation from Inventure. Proceeds. The funds ... Read more ›
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As social distancing guidelines and travel restrictions kept people at home, travel and tourism has been one of the hardest-hit industries during the pandemic. While the resultant lockdowns and closure of international boundaries brought the travel industry to its knees, some travel startups decided to churn the lemon and make the best lemonade out of ... Read more ›
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London-based insurtech Collective Benefits has announced that it closed £6 million in funding led by NFX, a leading Silicon Valley venture fund. Also, existing investors, including Stride VC, Delin Ventures, Insurtech Gateway and executives from Uber, Deliveroo and Urban took part in the round. Growth plans Collective Benefits plans to use the investment to further ... Read more ›
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Almost all kinds of life insurances focus solely on payout in the event of demise. And there has been almost no change in the way the life insurance industry has been operating for a long time. London-based YuLife intends to change this as it aims to reinvent life insurance. The company focuses on enabling users ... Read more ›
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London-based early-growth VC, The Untitled Ventures has raised €100 million (around £85M) for their latest fund, which will focus on Eastern European breakthrough tech startups — especially those looking to relocate to Western Europe and the UK. The fund aims to help promising startups, that might have innovative and world-changing products but struggle to get ... Read more ›
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London-based global embedded finance platform Railsbank enables fintechs, supermarkets, telcos, and consumer brands all over the world to build new financial offerings. In a recent development, the company picked up $70 million (nearly £50.5 million) in funding. Investors galore The investment round was led by Anthos Capital and attracted a range of investors including Central ... Read more ›
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Setting up and growing an e-commerce brand is not the lean process. London-based e-commerce technology startup The Moot Group (TMG) wants to make this fragmented process simple. From having to work with dozens of providers – website to logistics to tracking – they provide a unified platform that consolidates the entire process and calls themselves ... Read more ›
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Within Asia, the country investing most heavily in UK tech is Japan. Other active investors from the region include Singapore, Hong Kong, Malaysia and China. However, Japan’s dominance of Asian investment flows to the UK has become weaker in the last five years, as investors in other countries have backed investment opportunities here. The increase ... Read more ›
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Dublin-based Xtremepush is a customer engagement, personalisation and data platform provider. Now, the company has received €18 million (nearly £15.4 million) investment from Grafton Capital, a London-based growth investor. Funds from London investor Founded in 2014, Grafton Capital has invested over £130 million in leading European software and technology companies. Recently, it exited SportPursuit and ... Read more ›
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In the new world of technology, financial crimes have become electronically sophisticated and hence, its detection has become even more difficult and cumbersome. This has led to the rise of startups that are taking on financial frauds with their AI-based solutions. Joining the bandwagon of interesting startups that are working towards combating financial crimes is ... Read more ›
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Covid-19 has been the harsh reality that brought the entire world to its knees last year and continues to do so until now. While scientists and big pharmaceutical companies work tirelessly to introduce a viable vaccine to counter the spread of the virus, the emergence of new mutants every now and then, has made fighting ... Read more ›
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Currently, paying in-store involves common problems including long queues and limited payment choices. This is where York-based KodyPay comes to play. Founded in 2018, by a group of teens, the fintech works with the mission to make payment acceptance easy. Now, this fast-growing fintech in the UK has bagged $3.25 million (nearly £2.35 million) funding, ... Read more ›
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Short-haul flights (under 2,000 km) account for 43% of carbon dioxide emissions from global air travel. This is where electric aviation plays a major role as it cuts emissions, thereby making electric aircrafts the most sustainable and cost-effective way to travel. At this point in time, a Swedish company building a 19-seater electric airplane, Heart ... Read more ›
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Now, NFTs are everywhere! From relative obscurity to massive popularity, NFTs or Non-Fungible Tokens are making a whirlwind across the digital art scene. For your reference, more than $2B (approx £1.4B) was spent on NFTs during Q1 2021, an increase of about 2100% from Q4 2020. In March, Mike Winkelmann (known as Beeple) created history ... Read more ›
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Vaayu, a real-time carbon footprint tracker for retailers, has raised $1.6 million in pre-seed funding. The company plans to use the investment, which was led by Amsterdam-based female-led VC CapitalT, to support their expansion and product development ahead of moving out of their closed beta phase later this year. Further, the funding was supported by ... Read more ›
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While we talk about the UK tech hubs, the first cities that might come to mind are London, Manchester, Cambridge, Oxford, Birmingham, Bristol and others. However, it should be noted that the UK is home to digital suburbs and not just cities. One of the regions that is underrated is Reading. Reading has been named ... Read more ›
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In a latest development, BNPL major Klarna has officially announced to have acquired Hero, a London and New York-based social shopping platform provider. While the amount of the deal has not been disclosed, Klarna has confirmed that it will introduce Hero to its 250,000 retail partners, allowing their in-store teams to become content creators instantly, offering reviews, ... Read more ›
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28.06.2026 10:35
Last update: 10:30 EDT.
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