While, the global coronavirus pandemic affected mental health around the world — ICAS World Ltd (ICAS), a leading global provider of mental health and employee wellness services, has acquired the NHS-commissioned mental health tech startup, Hello Tomo. The financial details of the deal remain undisclosed. The acquisition is the first major milestone for ICAS as ... Read more ›
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Dianomi, a London-based provider of native digital advertising services, has today listed itself on the AIM market of the London Stock Exchange. Notably, Dianomi is the first UK company to go public under the Business Growth Fund (BGF) portfolio. The IPO price represents a market capitalisation on the admission of £82 million. In 2018, BGF ... Read more ›
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MindPortal, a San Francisco startup with a subsidiary in London, makes wearable devices for brain analysis and assessment. Recently, the wearable company has raised a $5 million (approx £3.5 million) seed round of financing led by Learn Capital. Other investors including Kleiner Perkins, Dan Siroker (Founder & CEO of Scribe AI), Matt Bellamy (rockstar and ... Read more ›
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Fundraising is tough. But it’s especially hard for early-stage businesses who may not be familiar with the process, where it can take between eight to 12 months to close a round. While the effort is worth the reward, the lengthy process can detract from business as usual, as founders woo investors by pouring blood, sweat ... Read more ›
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London-based Accelex is a data acquisition, analytics, and reporting solutions provider for alternative investors and asset servicers. In a recent development, the company secured $5 million (nearly £3.5 million) in seed funding. Global growth plans The investment round was led by Illuminate Financial and AlbionVC alongside participation from Expon Capital and SixThirty Ventures. Accelex will ... Read more ›
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Faculty, a leading AI startup from London, helps organisations that have the scale, data, and foresight to adopt AI into their business. Now, the company announced that it has raised £30 million in growth funding. International expansion of its model The investment came from the Apax Digital Fund (ADF) alongside Faculty’s existing investors, including Guardian ... Read more ›
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London-based soft prosthetics company, Koalaa aiming to make prosthetics more comfortable and affordable has secured an investment of £145K from British Design Fund (BDF). The funding will help the company, to bring its innovative, comfortable and affordable prosthetics to children and adults around the world. Enhancing capacity and building ‘virtual clinic’ model An investment from ... Read more ›
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Orocco, a Scottish construction firm has announced that it is accepting cryptocurrency as payment for projects as it continues to push industry boundaries. With this move, Edinburgh-based Orocco became the first building company in the UK to adopt such a payment solution. Sets up digital crypto wallet The construction firm has set up a digital ... Read more ›
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The UK tech industry has expanded ten folds in the last decade. According to a new report by Dealroom.co and the Digital Economy Council, it is paving the way for several fast-growing tech companies that are all set to challenge Silicon Valley in the next decade. Since 2010, the UK has experienced a sustained increase ... Read more ›
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COVID-19 pandemic lockdowns forced people around the globe to stay at home. However, that didn’t stop us from learning and bettering ourselves. One of the options available for learning new things from anywhere is the next-generation learning app Uptime. It offers 5-minute “Knowledge Hacks” from some of the world’s best books, courses and documentaries. The ... Read more ›
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London-based global data technology company – ComplyAdvantage transforming financial crime detection has announced a fresh investment from Goldman Sachs Growth Equity (“Goldman Sachs”). While the terms of transactions were not disclosed, the Machine Learning (ML) scaleup has extended its Series C investment to $70 million with this new Goldman Sachs investment. Pouring fresh investment into ... Read more ›
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At a time when a majority of staff are working from home, security becomes a priority. As most platforms we use every day are powered by API, it becomes imperative to keep them protected. However, this has been an overlooked issue for many years. London-based 42Crunch is an API security software designed to individually protect ... Read more ›
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Shift, a London-based on-demand logistics tech platform transforms the delivery and logistics industry. Now, the company announced that it bagged £1.3 million in funding, which took its total investment to £10 million. Eyes 300% growth The funding round was led by Fuel Ventures, a leading early-stage EIS fund based in London that invests solely in ... Read more ›
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Based out of London, Slerp is an e-commerce solution for hospitality, empowering premium brands to sell what they want, how they want online. Funding, investors, and utilisation Recently, the company has raised a total of $10 million (approx £7 million) funding this year in Seed and Series A rounds. The rounds have been led by ... Read more ›
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CoinBurp is the brainchild of Peter Wood and Bipin Bhanderi. In 2014, the duo founded BitBroker, a brokerage website specialising in selling cryptocurrency in the UK via LocalBitcoins with just £1000. It became a leader in the industry with a turnover of £100M in 2018. Then the duo wanted to facilitate transactions on their platform. ... Read more ›
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Based out of London, Realm is a community-driven open-source project to create personalised metaverses. The NFT microverse platform raised $2.25M (approx £1.6 million) funding led by Alphabit. Other investors including NGC, Genesis Block Ventures, LD Capital, Moonrock, and SL2, also participated. How will the funding be used? The UK company is planning to use the ... Read more ›
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London-based Uncapped is a fintech company that changes the way online companies fund their growth and inventory costs. In a recent development, the company picked $80 million (nearly £56.4 million) debt and equity funding. Aspirational growth plans The investment round was led by Lakestar along with participation from existing investors including Mouro Capital, White Star ... Read more ›
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The Business Growth Programme, run by London & Partners, the city’s business growth and destination agency, has helped over a thousand high-potential businesses grow and realise their ambitions since it was created in 2017. While one of London & Partners’ core missions is to support the economic growth of the city, the programme also has a focus on ... Read more ›
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When you’re on the hunt for a new job, there are a number of things to consider. We all have our personal list of what we want from a job. It might be a great pension scheme, incredible vacation benefits or a fantastic culture. However, one thing we can all pretty much agree on is ... Read more ›
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Polywork, a new professional social network based out of New York, has raised $3.5 million (approx £2.4 million) in seed funding. The round was led by Caffeinated Capital (Ray Tonsing, first investor in Clubhouse, Airtable, and Brex) with participation from the founders of YouTube (Steve Chen), Twitch (Kevin Lin), PayPal (Max Levchin), VSCO (Joel Flory), ... Read more ›
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29.06.2026 00:08
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News rating updated: 07:02.
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