Numerous big fintech players are eyeing to better serve their business/merchant customers by offering new revenue-based financing services. This includes payments companies like Stripe and Worldpay. At this point in time, Sweden-based Klarna, the most highly valued startup in Europe has partnered with Liberis, the global embedded business finance platform to include revenue-based financing to ... Read more ›
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Cambridge-based medtech CMR Surgical is a global medical devices company dedicated to transforming surgery with Versius, a next-generation surgical robot. Today, in the largest ever medtech private financing round all over the world, the company picked up $600 million (nearly £425 million) in Series D funding round, taking it to a valuation of $3 billion. ... Read more ›
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With social changes and social distancing, quarantines and lockdowns have sent us out of the dating game. As longing and loneliness reached a new high, a new normal is now being witnessed. The phenomenal rise of dating apps. As people look for new ways to connect more, come together and be more open without meeting, ... Read more ›
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In the latest development, Connected Asset Management has announced the acquisition of London-based early-stage tech for good VC company Bethnal Green Ventures (BGV). BGV will continue to work as an independent firm as it scales its VC investment operation and will work under the Connected group umbrella. Why this acquisition? Darren Agomber, founder and MD, ... Read more ›
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London-based Smart is a global savings and investments technology platform provider with the mission to transform retirement, savings, and financial well-being worldwide. Today, the company announced that it had closed a £165 million Series D funding round. Global growth plans The investment round was led by Chrysalis Investments, one of the UK’s leading crossover investors. ... Read more ›
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Basma, a dental startup that offers a particular variety of Telehealth called Teledentistry, has secured $3 million (approx £2.1 million) funding in Series A round. Who backed Basma? The investment round was led by MEVP with the participation of SOSF, IM capital, and returning investors iSME, Cedar Mundi Ventures, and IFA capital. The London-based company ... Read more ›
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Amidst the pandemic crisis, the healthcare and life sciences industries have come under increased scrutiny. Be it global and national bodies or private healthcare providers, there is a great focus right now. Also, government spending on healthcare services has increased exponentially, encouraging widespread digital transformation. As these companies are scaling up to meet the pandemic ... Read more ›
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A gargantuan amount of data is posted online every day, and it becomes really difficult to ensure that all of it is non-toxic or harmful. To make this process easier, multiple companies such as Facebook, YouTube and others hire teams of moderators, whose sole purpose is to go through and vet comments and posted data. ... Read more ›
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Gotrade, an app that enables anyone in the world to invest commission-free in fractional US stocks, has secured $7 million (approx £5 million) in a seed round led by LocalGlobe. Other investors including US VC Social Leverage, Germany’s Picus Capital, and Raptor Group, and angel investors associated with Skyscanner (Carlos Gonzalez-Cadenas), Deutsche Bank (Frank Strauss), ... Read more ›
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ClearScore is the leading free credit score and financial product marketplace in the UK. The London-based company helps users take control of their financial health. Now, the fintech has picked up $200 million (nearly £144 million) funding from Invus Opportunities, a global equity investor. Set to accelerate global growth The investment is a mix of ... Read more ›
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The worldwide insurance market continues to grow significantly and the insurance software market is estimated to be worth $7 billion a year. The UK is well-positioned to reap the benefits of this growth as it is the largest insurance market in Europe and the fourth largest on a global scale. At this point in time, ... Read more ›
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Mark Pearson is not a typical investor. In a field where it can seem everyone has a finance background, Pearson seems to have almost stumbled into investing. Leaving school where he says, he “didn’t do very well,” Pearson began his working life as a chef in a Gordon Ramsay restaurant. This, however, indirectly set him ... Read more ›
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![These leading tech companies are doing remote hiring in London [APPLY NOW]](https://times42.com/media/9/6/7/2430967_640x200.jpg "These leading tech companies are doing remote hiring in London [APPLY NOW]")
As per new research from startup job site Work in Startups, the UK tech scene has witnessed a 68% increase in jobs since the pandemic hit. In February 2021 – 3,298 vacancies were advertised, which was much higher than 1,964 in April 2020. In fact, many startups got launched during the pandemic and did their ... Read more ›
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Oxfordshire-based Airbox Systems is a leading situational awareness tool designed to streamline operational responses for emergency services. In a recent development, the company secured a £1.5m loan from BOOST&Co, an alternative lender. Growth plans Airbox Systems will now prioritise the continued growth of its team and the expansion of its operations. It will use the ... Read more ›
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For years, artificial intelligence (AI) has seemed to be the buzzword and yet there was something amiss. It had been on the cusp of becoming the next big thing in technology. However, reality never matched the hype. Until now. The story changed as the deadly first wave of the coronavirus pandemic hit the UK in ... Read more ›
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Micro-LED is the next major leap forward for displays on products such as smartphones, smartwatches and VR/AR headsets. It is particularly useful in outdoor settings, where sunlight can often make existing displays difficult to see clearly. But the performance of current micro-LED technologies deteriorates as the device size decreases. Porotech has created a new class ... Read more ›
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The COVID-19 pandemic has accelerated the legal sector and given rise to a significant opportunity to capitalise on increased budgetary pressure and interest in cost-saving software tools. A recent report by Thomson Reuters identified that 84% of Law Partners surveyed expected their technology investment to increase and had a greater openness to experiment with different ... Read more ›
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‘Black Lives Matter’ (BLM) is a decentralised political and social movement protesting against incidents of police brutality and all racially motivated violence against black people. This movement was highlighted with the murder of George Floyd in 2020. However, it seems not to be long-lived as 53 per cent of London’s black tech workers feel that ... Read more ›
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Demand for cutting-edge education technology has soared during the pandemic while education has gone online. Among the companies that have mushroomed in this scenario is London-based AI edtech startup CENTURY Tech, which builds AI technologies to improve education and transform learning in schools worldwide. The company just secured $6.5 million (nearly £4.7 million) in funding. ... Read more ›
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Modulous is a London-based digital construction firm that uses a software platform to design, manufacture and deliver sustainable affordable housing schemes across the UK. Now, a global venture capital trio has invested £5 million into this British company. Investment led by VC trio The investment round was led by Blackhorn Ventures, a cutting-edge US fund ... Read more ›
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28.06.2026 14:30
Last update: 14:25 EDT.
News rating updated: 21:20.
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