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Staff Reporter @ UK Tech News · 05/06/2021 05:30 EDT

As work from home trends, this London startup picks £4.5M to make video streaming more environment friendly

The amount of video streamed over the internet is at an all-time high right now. The trend has been accelerated further during the pandemic that triggered the work from home trend. At the same time, this has put immense pressure on the streaming and content companies as they need to deliver superior video quality. There ... Read more ›

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UK Tech News
Richard Stevenson @ UK Tech News · 05/06/2021 03:30 EDT

Best tech investments companies could make to become post-pandemic winners

The Covid-19 pandemic has in many ways accelerated digital transformation projects, with a growing focus on AI and the strategic importance of data to support decision making. This acceleration of trends has caused a shift in the things companies could, and should be investing in. Companies, regardless of their size, have been hit with rapid ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/05/2021 09:15 EDT

Revolut launches bitcoin withdrawal with more tokens to come in near future

London fintech Revolut has launched bitcoin withdrawal, and said that they will add more tokens in the near future. With this, Revolut will offer the exchange of currencies with no hidden fees including cryptocurrencies & gold.  The company has over 15 million customers and 500,000 business customers across 35 countries, with 100 million transactions per ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/05/2021 08:45 EDT

With £8M funding, London insurtech Sprout.ai intends to speed up insurance claims process

London-based insurtech Sprout.ai that assures to settle insurance claims process in just 24 hours has now announced to have bagged £8 million in Series A funding. The investment round was led by Octopus Ventures, one of the largest and most active early-stage investors in Europe. Even existing investors, including Amadeus Capital Partners, Techstars and Playfair ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/05/2021 08:30 EDT

AI driven talent acquisition platform bags £5M from London VC Guinness Asset Management

London-based Distributed, an AI-based tech talent resourcing platform, has secured £5 million in a Series A funding round led by Guinness Asset Management, bringing its total funding to date over £9 million. The company also drew further investment from its Seed investor, Fuel Ventures, and other high-profile industry leaders, Filippo Sarti and Andreas Mihalovits.  The ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/05/2021 08:15 EDT

Consumer insights app OnePulse picks £2M, eyes to expand globally

London-based OnePulse a consumer insights platform that turns market research into engaging and real-time conversations between consumers and businesses, has announced to have secured £2 million in the latest funding round. Blackfinch and Nexus Investments led the investment round. The UK-based company intends to use the investment to fuel global expansion. Besides, OnePulse will continue ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/05/2021 07:50 EDT

Klarna of travel: London-based fintech Fly Now Pay Later secures £45M funding

Fly Now Pay Later is a fintech company that helps consumers spread the cost of their travel over a flexible duration. Recently, the London-based company has raised a further £10 million ($14 million) in Series A funding, bringing its total to £45 million ($62 million).  The round was co-led by asset management firms Revenio Capital ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News · 05/05/2021 07:30 EDT

Dogecoin price surges: How to buy the cryptocurrency in the UK

When Bitcoin was first invented in 2008, maybe a handful of people knew the potential impact it would have on the world. Fast forward to the current year; we have numerous cryptocurrencies to select and trade from. One such cryptocurrency is the meme-inspired Dogecoin, which has gained notable traction recently.  Showing unprecedented growth, Dogecoin moved ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/05/2021 07:10 EDT

UK-India £1B trade deal: These 10 tech companies to create more than 4,500 jobs in Britain

In a recent development, Britain and India have announced new commercial trade and investment deals to create over 6,500 jobs in the UK. The UK-India trade and investment was announced by the UK Prime Minister, Boris Johnson, on Tuesday. The investment deal is worth over £533 million that will be pumped in by Indian companies ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/05/2021 04:15 EDT

Edinburgh-based early-stage VC leads £2M investment in data management startup Datactics

Par Equity, an Edinburgh-based early-stage VC firm that backs the most innovative, high-growth technology companies, has led an investment of £2 million in Datactics. Other existing investors, including Kernel Capital and Clarendon, also participated in the round.  The company will use the new funding to accelerate its growth by investing in sales resources focused on ... Read more ›

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UK Tech News
Akansha Srivastava @ UK Tech News 1 place · 05/05/2021 04:00 EDT

Exclusive: AeroCloud Systems raises $1.7M from Playfair Capital to take on aviation giants

AeroCloud Systems, the Cheshire-based software-as-a-service (SaaS) for airports, has grabbed $1.7 million in funding capital in a round led by London-based VC Playfair Capital. Already successful in several US airports, AeroCloud is planning on using the funding to take on the established giants in airport servicing, as well as starting their expansion closer to home ... Read more ›

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UK Tech News
Rebecca O'Keeffe @ UK Tech News · 05/05/2021 03:00 EDT

Job hunting in London? These 5 roles are worth looking into today

Are you in London and are on the lookout for a new and exciting role at the moment? Well, we have some pretty good news to share in that case. UKTN has teamed up with Jobbio to create a job board where some of the best companies in the world can actively seek to hire ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/04/2021 10:06 EDT

Instagram-hyped controversial London fintech Lanistar secures FCA approval

Instagram-hyped Lanistar, the London-based much-hyped fintech which was in a lot of news for last year, has announced to have secured the regulator’s approval to operate as an Electronic Money Directive (EMD) agent of payments firm Modulr. EMD agent status As a result, Lanistar’s customers will get digital accounts to send and receive payments. This ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News 3 place · 05/04/2021 07:42 EDT

Uber rival Bolt enters car-sharing, launches Bolt Drive

Bolt, the Estonian ride-hailing and micromobility company has added a new car-sharing service to its basket of offerings in the mobility segment, dubbed as Bolt Drive. The new service has been rolled out in a bid to become an all-encompassing mobility app. Bolt Drive car-sharing service The new Bolt Drive car-sharing service will allow customers ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News · 05/04/2021 06:35 EDT

OKR Financial announces £20M bridge funding for UK SMEs and tech startups

One of the biggest challenges for Small and Medium Sized Enterprises, or SMEs, is bagging reliable financing. This is certainly more difficult for companies in select sectors, post the COVID-19 pandemic. To lend a helping hand to UK SMEs in the current situation, the debt and equity financing provider OKR Financial has announced a launched ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/04/2021 05:52 EDT

Britain SaaS startup ContentCal raises £4.5M to help businesses create quality content

London-based marketing technology platform ContentCal is an intuitive and simple platform for content planning, creation, collaboration, and publishing. The company just grabbed $6.2 million (nearly £4.5 million) Series A funding. Eyes US and UK expansion The investment round in ContentCal came from Fuel Ventures and Guinness Asset Management. The funding will be used to drive ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/04/2021 04:30 EDT

Crowdhaus – property discovery platform raises £162,500 in Pre-seed funding from SFC Capital to propel its growth plan

In a recent development, UK’s property discovery platform, Crowdhaus raised £162,500 pre-seed funding led by SFC Capital to fuel its growth plan. In total, Crowdhaus have secured just under £200,000 in the pre-seed funding round. New age to the property discovery Crowdhaus is a property discovery app, which allows users across London to find homes ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/04/2021 04:00 EDT

12 common crypto terms which you need to know about in 2021

Bitcoin is touching new heights every day. Investors are betting big on digital currencies. Big companies have started accepting payments in select cryptocurrencies.  There is a lot of buzz in this newfound (not literally) currency market. Digital currencies are attracting an increasing amount of attention not only in the business world but in academia as ... Read more ›

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UK Tech News
Shubham Sharma @ UK Tech News · 05/04/2021 03:30 EDT

5 things to know about cybersecurity startup Darktrace whose IPO climbed 43% on launch day

The British cybersecurity startup Darktrace confirmed its intent to float an IPO back in mid-April. It made its debut on the London stock market on the morning of 30th April, with an IPO issue price of 250p, which valued the company at £1.7 billion. However, soon after the listing, the share price went up by ... Read more ›

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UK Tech News
Staff Reporter @ UK Tech News · 05/04/2021 03:00 EDT

UK cleantech Greener, ‘Tinder for sustainable food and drink SMEs’ secures £142K for growth

UK-based Greener, a B2B sustainability matchmaking platform for food and drink SMEs has recently closed £142K in pre-seed funding. A part of the investment round was led by Innovate UK Sustainable Innovation Fund. The cleantech startup aims to use the fund to take their algorithmic matchmaking platform live and advance their mission of making sustainability ... Read more ›

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