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Shubham Sharma @ UK Tech News · 06/10/2021 04:59 EDT

Deep tech in the UK: 5 machine learning startups get £350K each from this Cambridge accelerator

Investment in deep tech startups is increasing year on year, as per a recent report. This trend clearly indicates that investors are drawn towards deep tech startups that can deliver notable returns over the years. Enabling such tech startups is a different deal altogether and to help accelerate their journey, a new post-seed accelerator from ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 04:00 EDT

Yorkshire-based The Modern Milkman coming to Wales soon, scores funding from Insight Partners

The UK online grocery market has flourished with time, leading to the emergence of numerous startups like Dija, Weezy, Jiffy, and much more with different propositions. On top of that, the COVID-19 pandemic has turbocharged the demand for the online grocery business. According to the report from Mckinsey, the United Kingdom has the most developed ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/10/2021 03:00 EDT

Zoom rival from UK, Hopin ropes in Microsoft-owned LinkedIn as an investor

Flexible work is here to stay, and the talent landscape has fundamentally shifted. Remote work has created new job opportunities for some, offered more family time, and provided options for whether or when to commute. But there are also challenges ahead, claims The 2021 Work Trend Index by Microsoft. Furthermore, it notes that teams have ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/09/2021 08:00 EDT

Lenus eyes to help UK gyms scaleup, picks up £43M in the biggest ever Series A in Denmark

Following the relaxation in the UK, gyms have reopened. At this time, it is vital for those working in the fitness industry to scale their business. This is where Copenhagen-based Lenus, a fast-growing online B2B2C coaching platform, lets health and fitness professionals achieve scale while catering to their client’s personal needs. Today, the company picked ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/09/2021 07:40 EDT

Yapily launches bulk payments service with Comma for SMEs in the UK

Yapily, the leading Open Banking infrastructure provider in the UK has now announced the launch of its new Open Banking bulk payments service, with Comma, the London-based SME payments platform, already live and benefiting from the service in the UK. Working in close partnership with Comma, Yapily has simplified the complex process of bulk payments ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/09/2021 07:11 EDT

Bolt jumps into dark stores business; what about rivals in UK and EU?

Recently, Bolt, the Tallinn-based leading micro-mobility platform, reportedly announced its entering into the dark stores business. This move comes after the launch of its car-sharing service – Bolt Drive. In general, dark stores are a retail distribution centre or outlet that caters exclusively to online shopping. These centres are placed in a way that allows ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/09/2021 06:04 EDT

London-based online community platform Zapnito raises £3.3M Series A from Octopus Ventures

As trust in social media has plummeted and customer expectations have risen, businesses are turning to owned communities to engage customers and prospects. Based in London, with a team across Europe and the US, Zapnito is a community SaaS platform that allows brands to build customer participation by enabling them to learn, interact and co-create. ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/09/2021 05:20 EDT

Milton Keynes-based HR tech grabs £780K for its real-time employee feedback platform

The current remote working trend has left several of us working from homes and communicating with teams via video calls and emails. This culture poses several challenges and this is where Milton Keynes-based WorkBuzz, an HR platform, sees an opportunity for growth. WorkBuzz also bagged £780K funding to grow its team and add new features ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/08/2021 10:20 EDT

This edtech just got £2.5M to help students get a permanent job; plans London expansion in 2022

IconoClass, a French school that provide training in business development and covers students’ tuition fees until they are hired, has secured €3 million (approx £2.5 million). The round was led by Brighteye Ventures and Mustard Seed Maze and joined by business angels including Cédric Sellin, Josef Bovet (SumUp, ex Tiller), and Bruno Sola (Business). London ... Read more ›

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

Colchester-based adtech secures £450K pre-seed to develop SaaS platform for influencer marketing

According to IDC, the penetration rate of public cloud software services (software as a service or SaaS) among applications worldwide has been quite high between 2015 and 2020. In 2020, 71 percent of human capital management (HCM) applications were projected to be delivered via software as a service. SaaS-based adtech from UK To bang on ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/08/2021 07:30 EDT

Piglet: Women-led online homeware startup from West Sussex, raises £6M for growth in UK, EU and US

Of late, people are increasingly investing both time and money into more thoughtfully curating their home environments. The COVID-19 pandemic-imposed lockdowns have further accelerated this trend. At the same time, the rise of social media has turned private spaces public, thereby making people consider utilities as fashion purchases. Eventually, consumers are gravitating towards brands that ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/08/2021 07:06 EDT

Telehealth startup Medixine raises £2.4M to shorten treatment queues and speed up access to healthcare

The COVID-19 pandemic has dramatically increased the need for remote healthcare solutions as healthcare service providers have been forced to adopt new, modern solutions at an accelerated pace. Meet Medixine, a telehealth provider that has built an all-in-one digital platform for virtual care to support healthcare professionals focusing better on the patients.  Raised £2.4M Recently, ... Read more ›

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

Bristol startup scores £3.1M to control next-gen quantum hacks threatening the future of internet

The quantum computing industry witnessed exponential growth over recent years. As a result, the threat of quantum attacks on our communications is rapidly approaching a point when quantum computers will be able to crack all the existing encryption that protects our data. £3.1M investment round Bristol-based KETS Quantum Security is a quantum tech company passionate ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/08/2021 03:30 EDT

Razorsecure, Hampshire cybersecurity startup bags £2M to solve security challenges in rail industry

Razorsecure, a cybersecurity software provider for the rail industry, has secured more than £2 million from the existing investors including, Enterprise M3 Growth Fund; Mainport Innovation Fund II, Wentworth Limited; and Breed Reply. To date, the company has raised £6 million in funding. The funding will be used to accelerate the company’s growth and scale ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/08/2021 03:00 EDT

Guest Experience Management (GXM) platform Superb lands £10.3M to help restaurants boost guest retention and profitability

When it comes to the restaurant business, customer experience plays a key role. The growing trend of customer review and rating signifies that customers can either make or break a business. As a result, the industry has realised that a customer-centric vision is the only way to going forward. Therefore, several restaurant businesses have started ... Read more ›

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UK Tech News
Akansha Srivastava @ UK Tech News · 06/07/2021 09:56 EDT

London-based online home decor startup Lick gets $22M for its sustainable paints, wallpapers and more

Over the last year, the interiors market has flourished providing investors with great sector confidence, enabling startups to grow at a rapid rate. After spending more time than ever before in the home, consumers have also developed a newfound appreciation for their homes as our own spaces have become more important than ever to how ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/07/2021 07:50 EDT

Manchester-based luxe smart sportswear startup Prevayl bags £7.5M for its intelligent garment

In a recent development, Prevayl, a luxe ‘smart’ sportswear company, has secured £7.5M in funding from Stonebridge – the digital-first consumer brand investment firm.  The new investment is headed by DTC entrepreneur James Cox, who’s best known for his association with Simba Sleep, Mahabis, and Torque Brands. The new funding will be used to kit ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/07/2021 07:00 EDT

Mer UK partners with NewMotion to make charging easier for electric vehicle customers

To reduce pollution and increase renewable energy, the UK government has set a target to minimise greenhouse gases emissions to 80% by 2050. For supporting the UK government’s greenhouse emissions, Mer – UK’s newest EV charging entrant owned by Statkraft has recently announced a roaming partnership with NewMotion. Mer is owned by Norwegian renewable energy ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/07/2021 06:18 EDT

Newcastle-based biotech Iksuda Therapeutics secures £34M to treat haematological and solid tumours

Based out of Newcastle, Iksuda Therapeutics is a biotechnology company that specialises in the development of next-generation biotherapeutics.  Raised £34M Recently, the UK company raised $47 million (approx £34 million) in a funding round co-led by Korean-based Mirae Asset Capital and Celltrion.  How will the funding be used? The investment will enable the progression of ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 06/07/2021 04:00 EDT

UK govt and IBM together to build £210M AI & quantum computing centre in Daresbury

Modern-day complex problems require power-packed technological solutions to revamp industrial growth. UK government is stepping into helping industries get maximum access to the latest technology and modernising by establishing an AI and quantum computing centre in Daresbury, Cheshire. £210m centre to get businesses future-ready The government will invest £172m over five years through UK Research ... Read more ›

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