The number of data breaches in 2020 broke all previous records, with 43% of businesses suffering a security breach. To strengthen the company’s cybersecurity posture, London and New York-based cybersecurity problem-solving platform Panaseer has developed a new CCM technology. And now, the platform has also announced to have secured $26.5 million in series B funding. The financing ... Read more ›
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There is no doubt about how technology has changed businesses over the past decade. A. Perry Ltd, the UK’s largest supplier and manufacturer of hinges and ironmongery will now be able to process orders more than four times quicker after investing seven figures in new automation technology. How investment will help the business? The company ... Read more ›
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Holidu, the German search engine for holiday rentals is one of the world’s fastest-growing travel tech startups. Now, the company has announced that it secured £32 million Series D funding to fuel its expansion plans. Eyes to expand holiday rental software business The investment round was led by 83North, which has backed global category leaders ... Read more ›
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AI has changed the way we gather data and make use of it. Increasing technology scope lets us explore the other branches of AI compatibility too. Identically, Cron AI, a leading deep tech company building a 3D Data Edge perception platform, has raised $4 million (£2.8M) as part of its Series A funding. The round ... Read more ›
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The digital ecosystem benefits boundless working culture despite geographical locality. Whereas safeguarding the security of data and prevention of cyberattacks becomes essential. Recently, UK-based cybersecurity provider CyberHive announced a £1.8m investment, co-led by 24Haymarket and Mercia Fund Management’s EIS funds. How does CyberHive help in ensuring cybersecurity? CyberHive has developed a patent-protected cybersecurity platform called ... Read more ›
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Lyst, a London-based premium fashion search platform, has secured $85 million (approx £60 million) in funding from Draper Esprit and other investors including Fidelity International, Novator Capital, Giano Capital, and C4 Ventures. As a part of the funding round, Lyst also appointed Mateo Rando as Chief Product Officer, joining from Spotify, and promoted Emma McFerran ... Read more ›
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Lithuania’s first tech unicorn Vinted is the largest online C2C platform in Europe dedicated to second-hand fashion. Now, the company took to the headlines again as it raised $303 million (nearly £215 million) in a Series F funding round. UK expansion plans The investment round was led by EQT Growth, with participation from each of ... Read more ›
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The COVID-19 pandemic, lockdown, and work-life balance have taken an enormous toll on the well-being of employees globally. The current crisis has brought the issue of employee mental health firmly into the foreground for employers. According to the report, 78.5% of employers are reporting an increase in requests for mental health support and 90% are ... Read more ›
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London-based Quix is a real-time streaming analytics platform that wants to ensure any organisation, be it small or large can quickly leverage and act on data insights at lower costs sans a smaller environmental impact. In a recent development, the platform has secured £2.3 million in a seed funding round. The investment was led by ... Read more ›
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VitraCash is a London fintech uses Artificial Intelligence to change the way people pay for goods and services. The company has just secured £330K in a pre-seed funding round from almost 1,000 different investors to launch its first-of-its-kind smart debit card in the third quarter of 2021. VitraCash is in active discussions with VC funds ... Read more ›
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SB Management, a wholly-owned subsidiary of Japanese investment giant SoftBank Group Corp, has announced the acquisition of a stake worth $2.33 billion (approx £1.6 billion) in The Hut Group (THG), an online retailing platform based out of Manchester. With this deal, SB Management will acquire a 19.9% stake in THG Ingenuity, a yet-to-be-formed tech platform ... Read more ›
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As e-commerce becomes increasingly competitive, companies should identify opportunities by providing unique branded experiences, connecting with people post-sales, and building better relationships. Brands that leverage Operations Experience Management are transforming operational complexity into opportunities to outperform in the market. Meet, parcelLab, an Operations Experience Management platform that brings people and brands closer together by closing ... Read more ›
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In the UK and across the world, there exists a social care crisis. The traditional care system is outdated and inefficient and, with more people living longer than ever. The number of people over 65 is estimated to double by 2050. As people are living longer, they are falling sick at the same rate. This ... Read more ›
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Health and medtech companies were always vital, but they emerged to be one of the most focused segments in 2020. This year, the spotlight is around medtech startups as we start our journey to recover from the COVID-19 pandemic. UK-based healthtech startup Huma is now in the limelight for securing a notable £91.88 million in ... Read more ›
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Yoto, based in London, is an audio platform for kids that is known for its critically acclaimed and award-winning Yoto Player. Today, the company announced that it has raised $17 million (nearly £12 million) Series A funding. Global growth plans Yoto’s latest investment round was led by Acton Capital along with participation from JamJar Investments, ... Read more ›
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The property rental process is very fragmented. Once tenants discover properties on classified ads portals, their digital journey comes to an end. Keeping track of the disparate apps designed to coordinate and ease home rentals is a struggle. Typically, the whole experience involves a time-consuming process of email and phone communications. This is where London-based ... Read more ›
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Based out of Copenhagen, Contractbook, a contract automation platform enabling businesses to manage contracts in a fully automated flow has raised $30 million (approx £21.2 million) funding in a Series B round led by Tiger Global with participation from existing investors Bessemer Venture Partners, byFounders, and Gradient Ventures. The investments come four months after the ... Read more ›
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A few days back, a London fintech firm Revolut launched bitcoin withdrawal and said it will add more tokens in the near future. And now, the UK company has announced that they have integrated with Elliptic, the global leader in crypto-asset risk management and blockchain analytics. How does this partnership benefit Revolut? This partnership lets ... Read more ›
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London-based digital freight forwarder, Zencargo, enables organisations to make smarter decisions by providing a real-time overview of their supply chain using AI machine learning. In a recent development, the company has raised £30 million Series B funding. International expansion plans ahead The investment round in Zencargo was led by Digital+ Partners along with participation from ... Read more ›
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Exeger is a Swedish startup that produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy. Recently, the Stockholm-based startup has secured $20 million (approx £14.1 million) in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company has also secured $18 million (approx £14.1 million) ... Read more ›
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29.06.2026 02:01
Last update: 01:40 EDT.
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