Munich-based FlixMobility, best known in Europe for its tech friendly bus service network, FlixBus and also train service FlixTrain made its debut in 2013 and just now the German transport service has picked up a record $650 million (nearly £460 million) Series G funding, a mix of equity and debt financing, at a valuation of ... Read more ›
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Based out of London, eStoreMedia provides an e-commerce automation suite that helps Fortune 500 Brands accelerate online sales. Recently, the company raised $30 million (approx £21.1 million) in its first fundraise through investment by Kennet Partners and Digital+ Partners. The company will use the funding to accelerate its digital shelf automation suite for brands and ... Read more ›
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TempoCap, a pan-European technology investor, has announced that its portfolio company Depop is to be acquired by Etsy. Inc for $1.6 billion (approx £1.14 billion). Watershed moment According to the VC, the transaction marks a watershed moment for the European scaleup ecosystem, as the largest venture-backed acquisition of a private technology company in the UK since ... Read more ›
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Artur’In, a French digital marketing solutions provider for local businesses, has secured €42 million (approx £36 million) in funding from growth equity firm PSG. With an office in London, PSG partners with middle-market software and technology-enabled services companies to help them navigate transformational growth, capitalise on strategic opportunities and build strong teams. Partnership with PSG ... Read more ›
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With its roots in Lincolnshire, Nottingham, and London, electric vehicle tech startup Diode helps businesses, employees and consumers assess their electric vehicle suitability, generate a tailored charge point roll-out plan, and purchase charge points through an automated tender process. Now, the company has pocketed seed funding in a round led by Haatch Ventures along with ... Read more ›
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Settld, a London-based startup that offers end-to-end death administration management services, has secured £500,000 in seed funding from early-stage investor SFC Capital. The deathtech startup saw its initial funding round close over-subscribed by £300k. Automate bereavement notifications Founded by Vicky and Julie Wilson, the UK company aims to automate bereavement notifications and reduce end-of-life admin ... Read more ›
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German startup Cognigy which is a global leader in omnichannel Customer and Employee Service Automation with its Conversational AI platform Cognigy.AI has now pocketed $44 million (nearly £31 million) in Series B funding. The investment round was led by global venture capital and private equity firm, Insight Partners alongside DN Capital, which led the company’s ... Read more ›
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London-based Cushon is a fintech workplace savings business that helps people get comfortable saving and investing through the workplace. Now, the company announced that it closed a total funding round of £26 million. Expansion and development plans This investment round comprises a £6 million equity raise from a renowned fintech venture capitalist, Augmentum Fintech that ... Read more ›
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It was only in November last year, when TIER Mobility bagged the largest funding round ever for a European e-scooter brand which was $250 million (£188.5 million approx.) Series C funding round led by SoftBank Vision Fund 2. Now the micro-mobility brand is in the news again. Just days ahead of London’s e-scooter rental launch, ... Read more ›
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In the latest development, banks were holding on transfers to cryptocurrency exchanges by suspending the payments. This move came amid the rising fear of financial crime opportunities for unruly. Major banking institutions in the UK, including Barclays, Monzo, and Starling, blocked their users from transferring money to cryptocurrency exchanges like Binance and SwissBorg. In an ... Read more ›
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Mobile phone payments are growing steadily across the world. Millions of people globally use Apple Pay or Google Pay for everyday purchases, from grocery deliveries to pet supplies to home office goods. Integrated into Apple and Google Pay Capitalising on the situation, Coinbase, an online cryptocurrency platform, has announced that it has integrated its Coinbase ... Read more ›
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The HR sector went into overdrive due to the pandemic crisis. It worked closely with businesses mapping out all kinds of scenarios and possibilities that employees would undergo given the uncertainty of the pandemic’s spread. To cater the increasing needs many tech startups have come up providing the various HR solutions. UK-based Smart Recruit Online ... Read more ›
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Based out of Berlin, sennder is a digital freight-forwarding company that connects large commercial shippers with small freight carriers. Raised £56.3 million Recently, the German company raised an additional $80 million (approx £56.3 million) in the second closing of its Series D funding round led by the Edinburgh-based Baillie Gifford. It’s worth noting that Baillie ... Read more ›
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Back in March 2021, UKTN reported that Ikigai, a new banking and wealth management fintech from London, was planning to launch a crowdfunding round in Mid-April, which it did and now, the company has closed at £1.9 million from Crowdcube. The campaign, which ran from the 26th April to 27th May, raised £1.9 million and ... Read more ›
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As per the data from the Pet Food Manufacturers’ Association, during the pandemic crisis – in the UK alone – around 3.2 million households have bought a pet, taking the country’s total number of pets to more than 34 million. This pandemic pet boom has also impacted the pet insurance sector just like boom in ... Read more ›
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Britain’s one of the fastest growing fintech – Curve has recently announced to have closed the fastest ever equity raise on Crowdcube, breaking many records during the campaign. The company raised nearly £10m at its closing in 54 hours from 11,795 investors. Fastest ever company to raise £6m In just 2 hours 49 minutes after ... Read more ›
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London-based Kitt is an office management platform providing a seamless alternative to traditional office leases. In a recent development, the company has picked up $5 million (nearly £3.6 million) in seed funding. Ambitious plans to scale business With this investment round, the overall funding raised by the company is $7.5 million (nearly £5.3 million). The ... Read more ›
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Although the e-commerce industry is booming, it is facing several roadblocks on its path to success and growth. Several tech solutions have come up to resolve these challenges and help e-commerce companies grow their sales. One such company is Dublin-based Wayflyer that provides brands with revenue-based funds and free analytics. Now, the company has bagged ... Read more ›
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Based out of London, Penfold is a digital pension platform managed fully on your mobile phone. Recently, the company has secured £6 million in funding, £3 million of which was from a crowdfunding campaign. The funding round was led by Bridford Investments Limited. Other investors including Force Over Mass Capital, Elkstone Capital, and several angel ... Read more ›
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In May 2021, investments pumped into the UK tech startups are relatively higher than compared to the previous months. Already, we saw some major funding rounds happening, such as crypto startup Copper, fintech companies Uncapped and Paysend, and many others. As always, we at UKTN have made an effort to be proactive and acknowledge and ... Read more ›
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29.06.2026 23:18
Last update: 23:05 EDT.
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