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meghapaul.travel@gmail.com @ UK Tech News · 06/15/2021 05:52 EDT

British tech startup Hertility Health pulls in £4.2M for accessible diagnostics in women’s health

Revolutionising the world of hormone and reproductive health, the new London-based women’s health startup Hertility Health has announced the closing of a £4.2 million seed funding. The funding round was led by LocalGlobe – one of the UK’s most prolific seed investors, Venrex and some key angel investors including former CEO of Bupa, Evelyn Bourke, ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/15/2021 04:00 EDT

London fintech startup Coupay secures £200K to help SMEs get payment faster

Open banking is powering technological innovations that help SMEs reduce the impact of late payment of invoices.  Based out of London, Coupay is one such startup that leverages open banking and user insights to help small businesses get from sales to cash faster.  Raised £200K The company recently secured £200K funding in a pre-seed round ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/15/2021 03:00 EDT

London-based startup Ramp raises £7.1M to become the “PayPal for crypto”

Ramp, a London-based company that aims to open up digital assets to more businesses and users, has secured $10.1 million (approx £7.1 million) funding in a Seed Round led by NfX with Galaxy Digital.  Other investors including, Seedcamp, firstminute capital and Fabric Ventures, as well as Mozilla, plus notable business angels associated with Coinbase (Balaji ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News · 06/15/2021 01:00 EDT

With €12M funding, Polish finance firm Booste all set to offer revenue-based financing for UK startup

There are multiple success stories for numerous startups that made it big. However, to do so, most companies raise substantial funding, which usually leads to giving away equity to investors in return. The Polish finance firm Booste is offering an alternate option that can mitigate equity loss with revenue-based financing. The company has secured €12 ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/14/2021 08:00 EDT

The monumental rise of ‘Buy Now, Pay Later’ in UK and Europe

The meteoric rise of the ‘Buy Now Payer Later’ or BNPL model has been driven by the need for a more transparent and convenient alternative that can align with evolving global consumer preferences. In addition, the model witnessed immense growth during the pandemic as the prospect of delayed payment became more attractive in light of ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/14/2021 07:59 EDT

Bullish to enter UK in 2022, Swedish mobility startup Vässla bags £7.8M funding

The micromobility sector is rapidly expanding throughout the world and is expected to grow by 17% on a global scale year-on-year until 2024. To capitalise on the market, Vässla, a Swedish micromobility startup has secured $11 million (nearly £7.8 million) in a recent funding round. To enter the UK in 2022 The funding was led ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/14/2021 05:11 EDT

London meal-kit delivery platform Dishpatch picks up £10M as foodtech heats up

London-based DIY foodtech Dishpatch is best known for its finish-at-home meal kits. In a recent development, the company picked up £10 million in seed funding co-led by Andreessen Horowitz and LocalGlobe. Ambitious growth plans for 2021 The investment round also involves Stride, Entree Capital, and Entrepreneur First as well as notable angels including Aron Gelbard ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/14/2021 04:30 EDT

UK’s first app-based pension provider Collegia secures £500K funding ahead of its launch

Everyone should have a flexible pension plan, which can be accessible in real-time, transportable between employers, stress-free to access, and suitable for periods of self-employment. Eyeing to serve these purposes, UK-based Collegia, the country’s first only app-based auto-enrolment and personal pensions provider is planning to launch in June. Now, ahead of its launch, the company ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News · 06/14/2021 04:00 EDT

DarkTrace rival Immersive Labs raises £52.99M to fuel global expansion, enhance cyber risk mitigation and more

Considering some recent events, cybersecurity was again a hot topic in the news. With cyber attacks being a common threat, Companies should be keen to invest in services that can help mitigate risks and/or train their employees for managing cyber threats effectively. This is where companies like Immersive Labs come in. The Bristol-based cybersecurity startup ... Read more

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UK Tech News
Akansha Srivastava @ UK Tech News 1 place · 06/11/2021 07:44 EDT

Meet Hydr, women-led fintech from Manchester offers SMEs immediate payment for their invoices

Hydr is a simple invoice financing solution for small businesses. Launched in May 2021, it helps SMEs by improving the cash-flow, and removing some of the risk, for their business. Launched by Nicola Weedall and Hector Macandrew, Hydr (pronounced hi-der) is already helping businesses to focus on their core activities rather than worry about payments at a ... Read more

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UK Tech News
Staff Reporter @ UK Tech News 2 place · 06/11/2021 07:42 EDT

Fresha, the British Booking.com of salons and spas raises $100M

London-based Fresha is a global beauty and wellness software platform. In a recent development, the company pocketed $100 million (nearly £70 million) in a Series C funding round, thereby bringing the company’s total funding raised to $132 million (nearly £93 million). Eyes growth! The investment round was led by General Atlantic along with strategic participation ... Read more

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UK Tech News
Cliff Carter @ UK Tech News 3 place · 06/11/2021 06:50 EDT

Getting the financials straight: What do VCs look for in the early startup stage?

At every stage of the funding cycle, founders must produce financial information to support the due diligence process. It’s particularly helpful to get your house in order in the early stages of your business before approaching any potential investors to avoid delays, which could raise eyebrows.   Here’s what founders should prepare for at the key ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/11/2021 06:22 EDT

Quantum leap: Honeywell to invest up to $300M in UK-based Cambridge Quantum Computing

American tech giant Honeywell is upping its bet on redefining the future of quantum computing by combining its own three-year-old group with British startup Cambridge Quantum Computing. Now, the company is pledging to invest up to $300 million (nearly £212 million) in the new venture. This investment round will reportedly be closed later this year. ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/11/2021 04:00 EDT

London’s Lofti, ‘the Uber of property management’, raises £1M to create a community-driven platform

Technology has invaded all levels and facets of the present-day business environment. And the property management platform is no exception. In fact, it is the modern way to run a real-estate business. The best property management platform makes it simpler and easier to manage a real estate portfolio, from accounting and budgeting to maintenance management.  ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 07:45 EDT

Another Klarna rival from UK: Hokodo secures £8.8M for its buy now pay later solution

Hokodo, a London and Paris-based B2B Buy Now Pay Later provider, has raised $12.5 million (approx £8.8 million) in funding in the Series A round. Who backed Hokodo? Mosaic Ventures led the round in participation from Notion Capital, Anthemis, and several prominent angel investors including, Taavet Hinrikus, founder of TransferWise (now Wise), Thijn Lamers, former ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 07:15 EDT

London VC Balderton Capital raises $680M growth fund to empower UK startups

There has been an unprecedented opportunity for growth stage investing in Europe and market disruption caused by the pandemic has only driven more innovation. The number of deals between $5 million and $50 million in Europe has been growing steadily year-on-year, with deal counts in those ranges now accelerating faster than in the US. While ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 06:45 EDT

Circular, London blockchain startup lands £10M funding for supply chain traceability and CO2 tracking

Circulor is a London-based leading provider of supply chain traceability and dynamic CO2 tracking. In a recent development, the blockchain company announced that it closed $14 million (nearly £10 million) in Series A funding to accelerate its rapid growth. Expansion plans on tow The investment round was led by The Westly Group along with participation ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 06:15 EDT

Crypto hardware wallet maker Ledger bags $380M funding, London VC Draper Esprit and Felix Capital also participate

Ledger claims to be a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. Now, London-based Draper Esprit, a leading venture capital firm investing in and developing high-growth technology businesses, has participated in a $380 (nearly £270 million) Series C funding round in the French crypto startup, which values the business at over ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 05:48 EDT

Kodehyve secures £860K, Luxembourg proptech coming to London soon

As technology is taking over the world, real estate professionals are increasingly aiming to build a solid digital foundation for their businesses to optimise their processes, enhance user experiences and differentiate themselves.  Based out of Luxembourg, kodehyve has identified major process-related pain points in the real estate market and plans to solve them through its ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 05:30 EDT

VenueScanner, where Airbnb meets Skyscanner, secures £1M for post-pandemic growth

After facing virtual collapse during the COVID-19 pandemic, London-based VenueScanner is now one of the largest online venue booking platforms in the UK. Now, the company is in the headlines as it pocketed $1.5 million (nearly £1 million) in a funding round. Supports hospitality industry’s recovery The investment round was led by Rianta Capital and ... Read more

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