You have heard of Getir, Weezy, Dija, and more all transforming on-demand grocery delivery drastically across the UK, EU and the US. Of course, this happened when several customers switched to online shopping with the lockdowns of the ongoing pandemic. While Amazon and other big techs made the most of it, some local startups also ... Read more ›
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Last year, the space industry saw a record-breaking investment of $9 billion (approx £6.5B) into private companies, says a report from McKinsey. While some companies provide services to government agencies like NASA, others want to venture into space with their rockets/planes. Many space companies have already started outlining their plans to deliver a commercial spaceflight ... Read more ›
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London-based Tide, which is another fintech in the ever growing and crowded digital payments market and also a rival to Monzo, and Revolut has just announced a new funding round. In its Series C, the UK fintech has raised over $100 million (nearly £72 million) at a valuation of $650 million (nearly £470 million). With ... Read more ›
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As technology evolves, it is aimed to be used for bettering our lives while making difficult tasks easier. Similarly, in the legal domain, there are multiple grinding or repetitive tasks that are time-consuming and take away from important matters. In order to mitigate this, London-based startup Robin AI offers a solution that is said to ... Read more ›
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Space Forge, a Bristol-based space tech startup that is designing a low-cost, reusable space satellite, has just raised funding in a seed round. However, the company did not disclose the exact funding round. Who backed Space Forge? The round was led by Type One Ventures and Space Fund. Other investors including Newable Ventures, DBW, E2MC, ... Read more ›
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The climax of the nerve-shredding Euro 2021 is almost upon us. Could this be the year that England’s 55-year curse is broken? We will know in just another two days as England takes on Italy and this is going to be the game of a lifetime. Since time immemorial, UK has been a football-mad nation. ... Read more ›
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With the growing penetration of feature-packed smartphones, consumer preferences toward high fidelity audio sound are skyrocketing. Ever since the removal of the 3.5mm audio jack (audio plug) in smartphones, the audio market for wireless Bluetooth headsets has started growing rapidly. According to various reports, the global wireless audio devices market, particularly headphones, is expected to ... Read more ›
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COVID-19 has been the ultimate disrupter for UK businesses, regardless of their sector.  However, I would argue that it is the grocery sector which has faced the greatest shakeup. Indeed, many consumers who had previously been regular visitors to their local stores were forced to conduct the majority of their grocery shopping online, due to strict social distancing measures. What’s more, the consumer shift ... Read more ›
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DN Capital has launched a $350 million fund to help shape the post-Covid world. With people, and governments, anticipating a vaccine-enabled return to something like normality DN Capital’s Fund V is targeting those early-stage founders whose tech innovations will take advantage of the social changes the pandemic brought, and help economic recovery. The UK VC ... Read more ›
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AME Group, a Yorkshire-based company that designs products from consumer electronics through to medical devices and product packaging for many leading consumer brands, has secured a £750K investment from Northern Powerhouse-backed company, NPIF-Mercia Equity Finance. The company will use the funding to accelerate the growth plans, which include hiring new staff, acquiring new equipment, and ... Read more ›
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In recent years, the small city of Cardiff has transformed itself into a booming and shiny digital tech hub from being an economy reliant on industrial production. The Welsh capital is considered to be one of the fastest-growing tech hubs in the UK. The city offers an impressive quality of life for people, and the ... Read more ›
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Getir, and their purple couriers, are going to be an increasingly common sight on the UK’s streets. Starting the year with no presence in the UK market, they are set for major expansion in the second half of the year. The rapid grocery delivery service — their ten-minute delivery is quicker than a trip to ... Read more ›
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Ever since the mysterious Satoshi Nakamoto introduced Bitcoin and blockchain whitepaper, cryptocurrency took the world by storm. However, an estimated 20 percent of bitcoin, and no one knows how much other altcoins, were lost to theft, human errors, and infrastructure failures. Cardiff-based crypto security startup Coincover aims to tackle such issues. The Welsh firm is ... Read more ›
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With artificial intelligence (AI) geared up to transform the pharmaceutical industry, a growing number of biotech and pharma startups are harnessing cutting-edge AI technology for drug discovery and drug remodelling. To shift the COVID-19 tide and get things back to normal, the sector has become a hotbed for growing investments. Investors have been increasingly optimistic ... Read more ›
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We have learned a lot about the space race between the United States and the Soviet Union in the mid 20th century. It’s 21 century, and we are now witnessing something unusual – the space race between billionaires’. Thanks to the massive technological development! It all started when Jeff Bezos, the Amazon founder, announced that ... Read more ›
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According to the International Journal of Life Cycle Assessment, one kilogram of clothing saved, reused or recycled saves five kilograms of CO2 from entering the environment, thereby significantly reducing unnecessary water use, chemical waste, and greenhouse gas emissions. This is where the Norwegian social platform Tise comes to play. It enables environmentally conscious consumers to ... Read more ›
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One of the UK’s leading fintechs, Wise, formerly TransferWise, has gone public on the London Stock Exchange today. The first trades commenced shortly after 11:22 am BST under the ticker ‘WISE’. Valued at £7.95 billion on its market debut, this has been the largest-ever tech listing in London by market capitalisation. The company currently caters ... Read more ›
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Lisbon-based CASAFARI claims to be the largest independent real estate network in Europe that connects over 15,000 real estate professionals to 95 million property listings. Now, the company announced that it has secured $135 million (nearly £98 million) to expand its innovative Real Estate platform. UK expansion plans The investment is split into a $120 ... Read more ›
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Guardian Angel, a London and Manchester-based death tech startup that helps people plan for and manage funerals has recently closed £1.1 million in an early seed funding round. With this, the UK-based company’s total funding is now up to £1.6million. Utilisation of funds The investment round was led by impact investor Fair By Design along ... Read more ›
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Before Covid, almost two million people relocated for work within Europe each year and figures suggest that employee relocation is set to increase by 50% as we emerge from the pandemic. On similar lines, Hamburg, Germany-based SaaS startup Localyze is an innovative company that supports international staff during the entire relocation process. They do that ... Read more ›
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28.06.2026 12:27
Last update: 12:15 EDT.
News rating updated: 19:21.
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