Phico Therapeutics, a Cambridge-based biotechnology company that develops engineered phage technology as the basis of a new generation of antibiotics to overcome antibacterial resistance, has just announced a £7 million investment round. How will it use the funds? The funding round was led by BGF, UK’s most active growth capital investor that invested £3 million ... Read more ›
2
Ethereum (ETH) has breached the $4000 mark as per the latest development in the crypto world, reaching a new peak for the third consecutive day. With a jump of more than 350% in price this year, Ethereum has the second-largest market capitalisation at $410 billion after Bitcoin. At the time of writing this article, Ethereum ... Read more ›
6
KogoPAY, a socially conscious banking and payments app startup that makes payment on the go, has secured £1 million in pre-Series A investment. Funding from Asian investors The funding came from major investors in Asia including Wealth Republic’s founders, Sujaree Junsawang and Sittichai Jittungtrong alongside four other reputable angel investors in Thailand serving as executives ... Read more ›
3
As a renter in the UK, moving houses means pulling a huge amount of deposit, which can be difficult at times. UK-based, Fronted solves this problem by lending rental deposits to people. Now the British tech startup has raised over £1 million in a debt and equity deal, increasing their total funding amount to £2 ... Read more ›
3
Around 2 million patients worldwide undergo a total knee replacement each year, which is expected to surge to 3.5 million by 2030. However, studies estimate that nearly 20 percent of patients who undergo knee replacement surgery are dissatisfied with their outcome. To address this, UK-based medtech startup Eventum Orthopaedics has developed a unique and innovative ... Read more ›
172
Melissa Snover, a mum of three and a dynamic serial women entrepreneur from New York, sets examples for many striving to succeed in the field. And now her UK-based healthtech company Remedy Health, which makes customised 3D-printed edible vitamins under the brand name Nourished, has secured major funding to escalate its growth. Last year, Snover ... Read more ›
2
In the latest development, Elon Musk’s SpaceX will now accept the cryptocurrency Dogecoin as payment. Further, SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of the next year, said Elon Musk in his tweet. Doge-1 to the moon next year “SpaceX launching satellite Doge-1 to the moon next year – ... Read more ›
1
StuDocu, an Amsterdam-based edtech scaleup offers a platform for students to exchange knowledge. In a recent development, the company announced that it has closed $50 million (nearly £36 million) in a Series B funding round. Fuels global growth The investment round was led by Partech, a global venture capital firm. StuDocu intends to use the ... Read more ›
1
As light appears at the end of the pandemic’ lockdown tunnel, the future of office use and city centre life is the subject of debate and speculation. Successful pre-pandemic city economies attracted investment from productive knowledge businesses selling beyond local markets and these acted as a driving force for the local economy by increasing demand ... Read more ›
1
smol, the UK’s fastest-growing homecare brand, is celebrating its third anniversary. Now, the company bagged $34 million (nearly £24 million) Series B funding led by Eight Roads Ventures alongside Google Ventures, Latitude, and existing investors Balderton Capital and Jam Jar. Expansion plans The new funds will allow the company to continue investing in new product ... Read more ›
2
According to this report by Tech Nation, Cambridge is positioned among one of the eight cities in the UK with a higher digital density than the average The city is home to some of the fastest-growing tech companies in the UK such as Darktrace, GeoSpock and more has been estimated to have a turnover of ... Read more ›
6
Sharktower, the Edinburgh-based AI-driven project delivery platform, has raised a significant investment in a £400K seed round led by Equity Gap and backed by Scottish Enterprise. This new funding will enable Sharktower to expand across additional sectors in the UK, and further expand globally. Fraser Lusty from Equity Gap commented, “Equity Gap is delighted to ... Read more ›
5
The modern pharmaceutical companies are transforming cell therapy treatment to cure fatal diseases. Mogrify, a UK-based biopharmaceutical company aiming to transform the cell therapies has recently closed the second round of its Series A financing of $17 million, bringing the total raised to $33 million in this round. How will funding support Mogrify’s further advancement? ... Read more ›
1
Based out of Berlin, Glambook aims to create a seamless digital booking experience for independent beauty professionals and their clients. Raised £431K Recently, the German company has secured €500K (approx £431K) funding which was led by a group of angel investors, including German investors – Vlad Pinskij, an early investor in Endel, and serial entrepreneur ... Read more ›
53
Quite lately, Non-fungible tokens or ‘NFTs,’ have gained a lot of attention in the crypto world. It is a global phenomenon now. To capitalise on the trend, marketplaces to buy and sell NFTs and companies to mint digital assets are emerging a lot. Headquartered in Lithuania, DappRadar is one such company. Based out of Kaunas, ... Read more ›
9
Piclo, a cleantech startup based in London develops software to make electricity grids smart, flexible, and sustainable. The energy-market disruptor just announced that it picked £4.7 million in equity funding. The funding round was led by the Clean Growth Fund. Also, Mott MacDonald Ventures takes a stake in the energy flexibility trading platform that connects ... Read more ›
0
According to Global Industry Analysts Inc, the global market for freight trucking reached $4.2 trillion (approx £3 trillion) in the year 2020 and is projected to reach $5.5 trillion by 2027. Based out of Stockholm, Einride is a Swedish technology company behind the logging self-driving trucks, which looks like a cross between a big rig ... Read more ›
2
Belfast, UK-based startup Cumulus Neuroscience formerly known as BrainWaveBank is building an electroencephalogram (EEG) headset and AI-powered software. Touted as the ‘Fitbit for the brain’, it is used to analyse brain activity and develop therapies for the central nervous system. Recently, the company hit the headlines as it bagged £6 million in funding The investment ... Read more ›
11
Based out of Oxford, Oxford Nanopore Technologies is the next-generation DNA/RNA sequencing technology company. Recently, the company has raised £195 million in new capital in a private transaction, valuing the company at £2.48 billion. As per the press release, £125 million of the investment comes from new investors Temasek, Wellington Management, M&G Investments, and Nikon. ... Read more ›
2
Newcastle-based Screach is a sports streaming platform that lets venues stream live sports events for their customers. In a recent development, the company pocketed $2 million (nearly £1.4 million) funding. Intends to launch globally The investment came from several high net worth individuals along with Hotspur Capital and the British Business Bank’s Future Fund. The ... Read more ›
14
Most popular sources
Vox
|
0% |
Skift
|
0% |
Wired
|
0% |
Tom's Hardware
|
0% |
MacRumors
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
29.06.2026 03:32
Last update: 03:25 EDT.
News rating updated: 10:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.