The robotics industry shows no signs of slowing down in the years ahead! Industrial robot sales in the UK in 2020 were up 7.5% on the previous year, according to a recent BARA survey of robot manufacturers and distributors. Some 1,931 robots were reportedly sold in 2020 compared to 1,797 in 2019, said BARA. Numerous ... Read more ›
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Tractive is an Austrian company that develops GPS tracking devices designed for dogs and cats. The company has raised $35 million (approx £24.6 million) in growth funding led by Guidepost Growth Equity. Entrepreneur and former Chairman and CEO of Partner in Pet Food, Attila Balogh, also participated in the investment. How will the funding be ... Read more ›
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Ada Health is a global health company that simplifies healthcare journeys and helps people take care of themselves. Recently, the Berlin-based firm has secured $90 million (approx £63.3 million) funding in Series B round led by Leaps by Bayer, the impact investment arm of Bayer AG. Other investors including Samsung Catalyst Fund, Vitruvian Partners, Inteligo ... Read more ›
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Britain is set to move further towards ‘the new normal’ as offices and public spaces continue to gradually reopen. London-based phone charging startup Joos, referred to as the ‘Santander bikes of phone batteries’, is set to capitalise on society’s reopening. They have secured a host of partnerships with an aim to scale their ‘charge on the ... Read more ›
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Based out of London, Paired is a relationship app that provides the steps needed by couples to improve their relationship each day. The UK startup has raised $3.6 million (approx £2.5 million) in seed funding, bringing the total raised by the company to date to $4.6 million (approx £3.2 million). The round was led by ... Read more ›
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London-based Bequest is on a mission to build a better way to protect the family with personalised pay-as-you-go life insurance. Raised £1.7M Recently, the company has raised £1.7 million in funding in a seed round led by Kuvi Capital and includes Clocktower Ventures and Form Ventures. The investors have joined the Bequest board as the ... Read more ›
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London-based leading digital payment startup, Wirex has listed five crypto assets on their platform from leading Defi market players. AAVE, LINK, MKR, UNI and YFI are the latest crypto coins listed on its platform and will be available to purchase fee-free for a limited period. Democratising blockchain-based financial solutions There are many arguing about 2021 ... Read more ›
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In 2014, Chris was a dyslexic student at the University of Strathclyde. As a result, he experienced the challenge of giving presentations to his peers, which is a part of their university course. Chris consulted with the university’s disability service and dyslexia experts and realised that there was no direct or accessible solution for presentation ... Read more ›
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Based out of London, Subly makes content simple by automatically transcribing, translating, and adding subtitles. The company recently raised $1 million funding from Loyal VC, Wayra (Telefónica), and AI Startup Incubator. Besides, global Angel investors also invested in the company. The funding will be used to develop and improve Subly services and technologies, expand the ... Read more ›
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Fnatic is a high-performance esports brand headquartered in London. Now, the company has picked up $17 million (nearly £12 million) funding led by one of the largest conglomerates in Japan, Marubeni Corporation (“Marubeni”). Eyes to drive global growth The investment round includes a range of international family offices and institutional investors alongside venture debt from ... Read more ›
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Balderton Capital, which is UK’s one of the biggest and most active tech VCs has announced a new partner. The VC has announced that it has promoted Berlin-based Principal Colin Hanna as its first partner outside of London. Colin has already spearheaded several deals of Balderton in the past two years and is joined by ... Read more ›
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In a recent development, Edinburgh-based home security firm Boundary Technologies has raised £3.7 million in funding. Notably, Skyscanner’s co-founder Gareth Williams invested £1.5 million in this round, his biggest angel investment to date. The remainder of the funds came from existing Boundary shareholders Scottish Enterprise and Equity Gap. This funding round comes 10 months after ... Read more ›
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Whether it be global multi-currency bank accounts, cross-border acquirers, paying staff and suppliers in multiple geographies and currencies, the costs for SMEs to operate globally are currently high and involve many complexities. British fintech Paysend breaks these barriers to trade by providing SMEs a one-stop-shop to operate globally, at a scale, and at a significantly ... Read more ›
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In a move to revolutionise the food and hospitality industry, London-based Karakuri is a food robotics startup that designs, manufactures and installs robotic automation systems for commercial kitchens, restaurants and caterers. Now, the company just announced that it has appointed Dr. Peter Schroder as its Chief Technology Officer. Reshapes future of food With unmatched experience ... Read more ›
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Cryptocurrency is the talk of the town right now! Its hype has taken over the world by storm amid the COVID pandemic. Right from Elon Musk to Mike Tyson to Kanye West, several people across the globe own one or the other cryptocurrencies. If you are in this crypto train for profits, well, good move, ... Read more ›
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Overture Life, the IVF process automation startup recently announced that it has raised $15M in Series B funding, bringing its fundraising total to $37M as it continues to attract investments in its mission to democratize in-vitro fertilization (IVF). The round was led by London-based Octopus Ventures, one of Europe’s largest and most active early-stage investors, ... Read more ›
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London-based Tessian, a cybersecurity company that uses machine learning to automatically predict and eliminate advanced threats on email caused by human error, has bagged $65 million (nearly £46 million) in a Series C funding round. To expand its platform’s capabilities The investment round was led by March Capital, a VC firm that had backed cybersecurity ... Read more ›
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Vilnius-based Interactio, a Remote Interpretation Platform, provides remote participation for multilingual online and onsite meetings. The company just announced that it scored $30 million (nearly £21 million) in a Series A funding round. Investment from London VC! This investment round is one of the largest Series A rounds in the Baltics. The round was led ... Read more ›
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The British Bank’s regional funds – The Midlands Engine Investment Fund and Northern Powerhouse Investment Fund have announced that they have enabled more than £50 million of green investment into small businesses in the Midlands and North of England. It will be used to help businesses reduce their carbon footprint and develop new technologies that ... Read more ›
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London-based cleantech energy company eleXsys Energy has developed a unique technology to drive the transition of global energy grids to a clean energy future. Now, the company raised £640K through Angel Investment Network, the world’s largest online angel investment platform. Eyes to grow globally The investment round was a part of a larger £5 million ... Read more ›
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28.06.2026 22:31
Last update: 22:25 EDT.
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