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San Francisco, London among most developed venture capital cities in the world, report
This dashboard leverages PitchBook data and PitchBook Institutional Research Group methodology to provide a consistently updated ranking system for the size, maturity, and growth rates of the VC ecosystem in leading cities around the world.
Global co-working spaces market to reach $48.1 billion by 2030, study
The global market for coworking spaces is experiencing rapid growth, driven by the evolving dynamics of today's workforce, technological advancements, and shifts toward more agile work cultures.
[Kenya] Livestock sector players review investment opportunities, challenges in unique forum
With the demand for livestock products projected to grow by up to 50% by 2030, there’s a clear opportunity for strategic investments to drive growth and innovation in the sector.
Rwandan female researchers selected for food systems policy fellowship
The AWARD Policy Fellowship is cultivating a growing pool of African women in the policy field to catalyze the design and implementation of gender-responsive agricultural policies across Africa.
Illumina Ventures Labs launches in US and UK targeting startups advancing human health
Illumina Ventures Labs is part of Illumina Ventures, the premier genomics and precision health venture firm supporting early-stage companies transforming healthcare and our world.
Kenya startups raised the highest amount of funding in Africa in 2023, report
For some time now, Nigeria has always received the biggest share of startup investments, however, in 2023, Kenya overtook the West African country, gaining the highest amount of tech funds on the continent.
Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Par Equity has announced the launch of its new venture fund.
Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
London-based Lottie has raised £16.35m Series A funding round.
London-based startup Unitary raises $15m for AI-driven content moderation
Unitary has raised $15m in a Series A round to scale its AI video classification technology.
London-based Q-Bot secures €4m to drive expansion in Europe and the U.S.
London-based Q-Bot has raised €4 million to insulate people’s homes with robotics and AI.
London-based Binalyze secures $19m Series A funding for enhanced cybersecurity
Binalyze has raised $19m Series A round of funding.
UK-based Open Cosmos raises $50m to grow its sustainable space tech and satellite data
Open Cosmos has raised $50m in Series B funding.
Investor-founder disconnect poses major threat to African tech funding
African tech investors will not invest follow-on funding in a startup failing to provide regular reporting updates.
Travel tech firm Branchspace receives £5m to enhance airline retail digitisation
Gresham House Ventures has completed a £5m investment into Branchspace
Glasgow food tech startup ENOUGH raises €40m growth fund to scale mycoprotein production
Glasgow-based food tech startup ENOUGH has raised €40m in growth funding.
Marqo secures $5.2m to bring continuous-learning vector search to businesses
Marqo, the startup enabling AI-powered search, has closed $5.2m seed investment.
UK foodtech startup Clean Food Group raises £2.3m funding to scale operations in advance of Series A
Clean Food Group has announced a further £2.3m funding.
UK foodtech startup Clean Food Group partners with LATAM food technology specialist, Alianza Team
Clean Food Group has announced a strategic collaboration with Alianza Team.
Generative AI has become an emerging risk for enterprises, Gartner survey
The availability of generative AI became a top concern for enterprise risk executives.
Closing the capital gap on impact investment in Africa, report
African fund managers face unique obstacles that impede their access to capital for social impact.
Supportwave raises $2.2m seed funding to accelerate the Future of IT support services
Supportwave has announced the successful closure of its seed funding round.
bp ventures invests £4m in UK-based fleet optimization software provider Dynamon
bp ventures has made a £4 million investment in Dynamon.
London innovation scale-up Wazoku brings innovation to the enterprise with full Teams integration
Wazoku has announced a full integration with collaboration platform Microsoft Teams.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led €5 million round in Oliva.
London-based talent attraction SaaS scaleup inploi raises £1.35m seed round ahead of US expansion
inploi, the talent attraction technology scaleup, has raised £1.35 million round.
Bristol tech startup Deazy appoints Laura Wall as Head of Marketing
Developer marketplace platform Deazy has appointed Laura Wall as Head of Marketing.
London-based IoT SaaS startup Thingtrax raises £4.3m to fuel expansion
IoT SaaS startup Thingtrax has raised £4.3 million in a Pre-Series A round.
European payments startup Salve FH selects Finastra to tackle payment delays for corporates
Salve FH has selected Finastra Essence to reduce payment delays.
London-based carbon data provider Sylvera raises $57m Series B, plans US expansion
Sylvera has raised $57m Series B financing to scale its teams and product offerings.
Medical device company OrganOx raises £25m to transform organ transplantation practices
OrganOx has raised £25m in a growth round led by Lauxera Capital Partners.
Investing platform Public launches in the UK
Public, a US-based multi-asset investing platform, has launched in the United Kingdom (UK).
SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
SuperScale announced it has raised $5.4 million in a Series A funding round.
German healthcare investor SHS Capital acquires majority stake in CAM Bioceramics
German healthcare specialist SHS Capital is investing in CAM Bioceramics to fuel growth
Generative AI for crypto startup SuperSight raises $1m pre-seed to build crypto-specific LLMs
SuperSight, a London-based Generative AI startup, raises $1m pre-seed round.
Camena Bioscience close $10 Series A financing as demand for DNA synthesis technology increases
Camena announced it has closed a $10m Series A financing round.
New PitchBook survey finds majority of venture capitalists have invested in AI
PitchBook has released findings from a new survey in partnership with Collision.
Molten Ventures leads €5m round in Oliva to expand workplace mental health support
Molten Ventures has led a €5 million round in Oliva.
UK renewable energy startup tem. raises £2.5m to transform the broken energy market
tem., the UK-based renewable energy startup, has secured £2.5m funding round.
Financial IT launches Fintech Pathfinder, showcasing the most promising fintech startups
Financial IT announced the launch of its highly anticipated Fintech Pathfinder.
Africa among top 3 regions prone to mobile financial scam, report
Throughout 2022 and the first quarter of 2023, 14% of installs of potentially unwanted mobile financial apps on Android phones were made.
Cambridge-based biotech startup Uncommon raises $30m
Biotech startup Uncommon has raised $30m to pave way for scalable cultivated meat utilising RNA technologies.
5 UK cities leading the way in sustainable transport, Plug and Play
The need for transportation systems that prioritize environmental sustainability has gained significant momentum.
UK biotech startup Resurrect Bio completes seed investment round to develop disease resistant crops
Resurrect Bio, a biotechnology startup which is on a mission to revolutionize the agricultural industry by giving crops the genetic tools to defend themselves against disease, has completed its seed investment round, totaling at £1.61 million.
7 in 10 UK tech workers consider hybrid working a key factor when considering a future employer, report
Techspace has released The Scaleup Culture Report, a national report diving into the current state of workplace culture across the UK tech industry.
The 7 most sustainable cities creating the future of work after COVID-19, Plug and Play
The World Health Organization recently announced that COVID-19 is no longer a global emergency. However, the impact of the pandemic has left a lasting mark on all industries.
UK-based SaaS startup Fundpath secures £4m funding round with Fuel Ventures
Fundpath, the data and technology business bridging the information disconnect between asset managers and wealth managers, announced the completion of a £4m late seed funding round with Fuel Ventures.
Dairy Runway program launches to provide education and support for early-stage dairy innovators
Cornell University's Center for Regional Economic Advancement (CREA) and the Northeast Dairy Foods Research Center have launched the Dairy Runway program, an entrepreneurship curriculum for dairy innovators.
GC Ventures invests in UK-based startup Interface Polymers to enhance plastics recyclability
GC Ventures (GCV), a subsidiary of PTT Global Chemical PLC (GC), is investing in the British company Interface Polymers Ltd. This investment opens new horizons for GC Group, enabling more efficient and sustainable plastic recycling.
Innovate UK launches £100m AI Fund for UK business
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML).
Claret Capital Partners launches €72m Opportunity Fund to support its performing portfolio companies
Claret Capital Partners, the London-based Pan-European growth capital adviser, announced the launch of its first Opportunity Fund, the Claret European Growth Opportunities Annex Fund I, with a total size of €72 million.
Innovate UK launches £100 million AI fund for UK businesses
The £100m investment comes partly from Innovate UK & the Technologies Mission Fund (TMF), launched by HMG/UKRI on 6 March 2023, and will bring together businesses from priority sectors with AI experts and developers, to foster an AI innovation network in the UK.
GRASP fellowship invests in African women researchers
The Kenyan women, and others selected for the GRASP Fellowship, are set to participate in a series of interventions, including leadership and mentoring training, designed to enable them to become more effective policy practitioners
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises.
Fertility treatments aren't just for the 1%, Sunfish
Sunfish, a fintech company founded last year, aims to make fertility treatments more accessible and has recently designed a new product to help reduce the cost of In Vitro Fertilization (IVF).
Why open finance is the future, Plug and Play
In 2018, the UK made history as the world’s first Open Banking Standard was implemented, establishing the foundations for the nation’s pioneering ecosystem and setting a blueprint for other countries.
5 innovation metrics (KPIs) every CEO should care about, Plug and Play
Are your innovative strategies paying off? As a CEO, innovating is part of the job description - but do you know if it's actually making a difference in your company? It’s time to get down to data-driven business.
Is AI content moderation better than human content moderation?
Who is better at detecting inappropriate content – computers or humans? To answer this question Unitary compares AI and humans on different levels, including scale, personal risk, cost, bias and context.
Mexican TV audiences back AI dubbing over subtitles, report
The world's biggest entertainment distributors could win over millions of TV viewers currently swerving non-domestic content by deploying AI dubbing, new research suggests.
Attio raises $23.5m Series A to usher in a new era of CRM
Attio, the company building the CRM of the future, announced $23.5 million in Series A funding led by Redpoint Ventures, with continued participation from existing investors Balderton Capital and Point Nine.
Bristol-based tech startup Deazy appoints Freya Wordsworth as new Partnerships Manager
Developer marketplace platform Deazy, has appointed Freya Wordsworth as the new Partnerships Manager, as part of a growth push for 2023 that will see the Bristol-based tech firm build a partnership eco-system.
London-based Ocean 14 Capital receives €30m to back marine innovators saving the seas
Ocean 14 Capital fund has received an investment of €30 million from Ingka Investments to support its mission of funding sustainable solutions to improve ocean health.
To stay competitive, startups must combat gender diversity debt, study
Entrepreneurship is booming, but women are underrepresented among its founders, investors and employees. A recent study investigates entrepreneurship's gender "diversity debt," a demographic disparity that can be difficult and costly to remedy.
London-based digital health startup Syndi raises £1.65m to build its AI-driven wellbeing support platform
Syndi Health, a startup providing a digital infrastructure to offer personalised and effective digital health support within organisations, has raised £1.65 million ($2 million), in equity and grant funding.
London-based TDGA secures NewMedia Holding as lead investor in $20m seed round
London-based TDGA, the owner of the biggest brand in Space Media today, Space Hero, announced a $20 million seed round.
[Interview] Seyi J. Matanmi, Founder, Hosteet, Nigeria
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.
Berlin's EatFirst acquires London-based foodtech startup Feedr to accelerate growth
Berlin-based corporate food ordering platform EatFirst, has acquired Feedr, a London-based enterprise food technology platform that gives corporate customers software to support healthier daily eating in workplaces.
Startup Genome partners with Endeavor to research the Detroit region's entrepreneurial ecosystem
Startup Genome and Endeavor are working together to study and support the Detroit region's entrepreneurial and innovation ecosystem development.
Michigan State University biotech startup Iaso Therapeutics closes $1.25m equity series seed preferred financing
Iaso Therapeutics closed the first tranche of the company's $1.25 million series seed preferred round of financing.
African tech ecosystem raised $6.5 billion in 2022, report
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital, which reveals that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally.
5 key insurance industry trends in EMEA region according to Plug and Play
Insurance industry trends over the past year have been significant, especially across Europe, the Middle East, and Africa (EMEA) region.
YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023.
Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.
Finance software startup Quartr partners with Lightyear to bring free and easy-to-access company information for investors across Europe
Finance software startup Quartr, signed an API deal with Lightyear, an online broker based in London, serving customers in 20 countries across Europe.
London-based hospitality tech startup HotelRunner snaps $6.5m investment to accelerate global growth
HotelRunner, the global hospitality and travel technology provider, announced the closing of $6.5 million Series A round to accelerate global growth.
Healthcare venture capital fundraising and investment remained strong in 2022, SVB reports
SVB released its 12th annual Healthcare Investments and Exits Report which shows venture capital fundraising and investment persisted in 2022.
For women entrepreneurs, the West is the new promised land, report
America's original Westward Expansion was led by entrepreneurs of the day noticing great economic opportunities out of the West. A study by MerchantMaverick.com shows that a new slew of opportunities are appearing in Western states for women entrepreneurs.
Fintech enabler Ukheshe secures Series A funding to accelerate international expansion
Ukheshe International, the UK-headquartered division of digital-first, Banking as a Service (BaaS) enabler Ukheshe, announced the conclusion of an investment agreement that will help accelerate its international expansion.
Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.
AWARD selects 50 African women for fellowship on improving policy in the agri-food systems
Inspired by the flagship AWARD Fellowship Model, the Gender Responsive Agriculture Systems Policy (GRASP) Fellowship, aims to grow a pool of confident and capable African women to lead policy changes to improve African smallholders’ livelihoods.
New Adevinta Ventures report reveals that B2B Marketplaces outperform other tech segments in VC funding
Adevinta Ventures, the early-stage investment arm of Adevinta, an online classifieds specialist, is launching a new B2B marketplaces report.
London-based workforce management startup Surfboard raises $5m seed round to accelerate growth
London-based startup Surfboard announced it has raised a $5 million seed round. The investment will advance Surfboard's mission of making work more human through building collaborative software.
[Column] Natalia Ahmadian: Four ways to accelerate tech transfer in Europe
The importance of university spin-offs has been recognized for decades. Several studies showed that Tech Transfer is beneficial for social welfare and entrepreneurial activity
London-based Vektor AI raises $2.5m pre-seed round to democratize tech talent’s access to professional career advice
Vektor AI, an online platform for one-to-one mentorship and professional career enhancement, announced it has raised a pre-seed round of $2.5 million led by leading early-stage European VC firms.
London-based zero-trust enterprise browser SURF launches out of stealth with seed investment round
New zero-trust enterprise browser SURF, announced it has launched out of stealth with an investment round led by 11.2 Capital, Okta Ventures, Mango Capital and security-focused Angel investors.
Nigerian money app Kuda launches in the UK
Nigerian money app Kuda, announced it is launching in the UK as part of a global expansion drive with a view to serving the cross-border transfer needs of UK-based Nigerians.
Vouch partners with Capsule to support startups internationally
Capsule, a specialist insurance provider to high-growth companies in the UK, announced a partnership with Vouch, a San Francisco-based insurance platform that provides business insurance for high-growth technology startups in the US.
UK-based hospitality tech startup Journey completes £5m growth capital raise
Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise e-Commerce for the hospitality industry.
Manchester-based consumer insights startup Vypr raises additional £3.4m to scale its product intelligence platform
Fast-growing consumer insights business Vypr has received new investment of £3.4 million, at a significantly increased valuation on its last funding round in January 2021.
London-based Sidekick raises £3.33m pre-seed to build a modern investment manager for today’s changing world
Sidekick, a digital active investment manager built for today’s rapidly changing world, announced a £3.33 million pre-seed equity round led by Octopus Ventures.
Fintech emerging as Africa’s most vibrant sector, study
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, found a Mastercard study on the state of fintech in African markets.
Tanzanian fintech startup NALA enables Google Pay payments from the US and UK into Africa
NALA, a Tanzanian fintech startup facilitating remittances from the African diaspora in the UK and US, has integrated Google Pay into its suite of payment options for users.
Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.
British fashion startup LØCI raises £4m seed round to disrupt the fashion industry
15-month-old British fashion brand LØCI announced a £4 million seed round, as well as an investment from actor and environmentalist Leonardo DiCaprio to further its impact-driven mission of redefining the sector.
UK-based climate tech startup Levidian secures £12m investment from Baker Hughes to scale growth
US energy technology giant Baker Hughes has backed Levidian’s world-first decarbonisation technologies with a £12m investment at a £130m valuation, opening up global collaboration opportunities.
Biotech startup Hoxton Farms raises $22m Series A to cultivate animal fat in new pilot facility in London
London-based Hoxton Farms has announced a $22 million Series A round to build a pilot facility for producing cultivated fat: the missing ingredient necessary to make meat alternatives delicious, realistic and versatile.
Nigerian mobility fintech Moove raises £15m financing facility to scale UK operations
Moove announced it has raised £15 million in financing from Emso Asset Management to scale up its UK operations following a successful launch in August.
UK-based spaceflight startup Orbex secures £40.4m Series C funding to scale up its resources
UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank.
London-based private equity platform Lightrock closes inaugural Climate Impact Fund at €860m
Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed its inaugural Lightrock Climate Impact Fund (“LCIF” or “the Fund”) with commitments of €860 million.
BNP Paribas acquires London’s currency management automation fintech Kantox
BNP Paribas announced the signature of an agreement for the acquisition of Kantox, a fintech for the automation of currency risk management.
Novo Seeds portfolio company NMD Pharma reports positive top-line Phase I/IIa data in myasthenia gravis
Novo Holdings announced that its portfolio company NMD Pharma, reported positive top-line results from a Phase I/IIa clinical trial for its lead asset, NMD670.
Dutch-based Hyperion Lab’s third cohort startups set to improve the world with sustainable AI
Hyperion Lab kicked off its third cohort of the Amsterdam AI innovation program and eight new startups (seven of which are Dutch) want to improve the world with AI.
GridBeyond secures €6m investment from UK's Claret Capital to support smart energy expansion
GridBeyond, the pioneer in intelligent energy technology, has agreed a debt financing facility of €6 million led by Claret Capital, to support the Irish headquartered company’s continued internationalisation plans.
Fresh Del Monte partners with tech start-Up Decapolis to provide blockchain traceability solutions
The investment is part of Fresh Del Monte’s technology-driven mission to offer best-in-class, innovative solutions for its products and services, and to provide sustainable solutions that other businesses and industries can benefit from.
London scaleup Wazoku raises £8.5m series B funding, acquires Danish intelligence startup Mindpool
London-based innovation scaleup Wazoku has closed a series B funding round of £8.5 million through investment from Octopus Ventures along with follow on from existing investors including Calculus Capital.
UK scaleup White Label Loyalty launches in the U.S.
UK-based loyalty technology experts White Label Loyalty is entering the US market for the first time, with opening of its firrst overseas office in New York.
London-based Pheon Therapeutics launches with $68m financing to advance novel ADC for treatment of solid tumors
Pheon Therapeutics (Pheon), an ADC specialist developing next generation ADCs for a wide range of hard-to-treat cancers has launched, following the closing of a $68 million Series A financing.
London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.
Crypto tax reporting app Binocs nets $4m funding round as it adds institutional investors to retail base
Crypto tax reporting app Binocs has announced a $4 million fundraise to cater to institutional crypto investors and enter geographies like the US, UK, Australia etc.
French biotech startup Tridek-One closes €16m to develop first-in-class immune checkpoint agonists
Tridek-One, a Paris-based biotech startup specialized in the research and development of CD31 agonists to restore the immune balance, announced it has closed a €16 million financing round led by the Swiss VC Pureos Bioventures.
Finnish biotech startup Onego Bio secures €4.5m additional funding to accelerate Research & Development
Business Finland, a public organization under the Finnish Ministry of Employment and the Economy, has awarded a grant of additional €4.5 million for Onego Bio's research and development work.
Constitutional Reserve Fund of Monaco allocates €10m to London-based Ocean 14 Capital impact fund
The Ocean 14 Capital fund, which focuses exclusively on the multi-trillion-dollar ‘blue economy’, has received a commitment of €10 million from the Constitutional Reserve Fund of Monaco to support its mission of funding sustainable solutions.
BioInnovation Institute announces new cohort of companies entering the Venture Lab program
BioInnovation Institute (BII), an international commercial non-profit foundation incubating and accelerating world-class life science research, announced the latest cohort of participants in its Venture Lab acceleration program for early-stage startups.
London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act.
Nigerian mobility fintech Moove joins forces with Uber UK to bring electric vehicles to London
Nigerian fintech moblity startup Moove has announced its launch in London as part of its global expansion through a new partnership with Uber.
London-based Claret Capital raises €297m fund to back European tech startups
Claret Capital, the London-based Pan-European growth capital provider, announced the final closing of Claret European Growth Capital Fund III (Fund III), to back European tech startups.
Octopus rolls out €220m to drive green power generation, backs Exagen to build UK’s largest battery
Octopus Energy Group launched its new renewables fund Octopus Energy Development Partnership (OEDP), as the fund makes its debut investment in renewables developer Exagen to build new green energy.
Early-stage startups don't stand to benefit from Inflation Reduction Act, Kruze Consulting
The Inflation Reduction Act of 2022 doubles the R&D Tax Credit from $250,000 to $500,000, a popular tax credit used by unprofitable startups. However, an analysis by Kruze Consulting shows that the earliest-stage startups will likely not benefit from this increased credit.
UK-based Medi-science International partners with Kenyan healthtech startup Afya Rekod to enhance healthcare delivery
UK-based Medi-science International and Kenyan healthtech startup Afya Rekod have announced a strategic collaboration to transform healthcare delivery through improved access to personal health data.
UK-based Conversational intelligence startup Jiminny raises €16.5m to fuel international expansion
Jiminny, a UK headquartered conversation intelligence provider supporting sales teams across the world, has closed a $16.5 million series A funding round led by Kennet Partners, a transatlantic growth equity firm.
London-based VC firm Flashpoint unveils $102m close of its VCIII fund, secures first institutional investment partner
Flashpoint Venture Capital, an international technology investment firm announced that Széchenyi Funds signed up for a commitment of $20 million in Flashpoint’s VC III.
Battery tech startup Britishvolt confirms UK Government funding boost for its battery cell gigaplant
Battery technology pioneer Britishvolt confirmed funding from the UK Government through its Automotive Transformation Fund (ATF) run by the Advanced Propulsion Centre UK following a confirmation letter.
London-based startup Geomiq raises $8.5m to digitize manufacturing and deliver industry leading service levels
London-based startup Geomiq announced it has raised $8.5 million funding to digitize global manufacturing and deliver industry leading service levels for Engineers and Procurement teams.
Immigrants have started more than half of America's billion-dollar startup companies, study
Immigrants have started more than half (319 of 582, or 55%) of America's startup companies valued at $1 billion or more, according to a new study from the National Foundation for American Policy (NFAP), a nonpartisan research organization.
UKI2S expands fund by £37m to accelerate British innovation
The UK Innovation and Science Seed Fund (UKI2S), announced the expansion of its patient capital fund by £37 million, to boost support of British innovation.
ComplyCube partners with Capital Pilot to back high-growth startups in the UK
ComplyCube, the global verification platform, has partnered with Capital Pilot, the Startup Rating Agency, to provide state-of-the-art KYC verification for Boost Fund I, the UK's first automated high-volume startup investment fund.
Boeing, AE Industrial Partners launch second venture fund to invest in innovative aerospace and defense startups
Boeing has committed a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies.
Why you should implement cryptocurrency payments into your e-Commerce website, Remuno
Crypto is one of the biggest aspects of modern finance and technology. For businesses, this revenue stream could provide major boosts to sales numbers, with crypto payments giving customers more freedom while also bringing benefits.
London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.
London-based fintech startup Griffin raises $15m to become the bank fintechs can build on
Griffin, a Banking as a Service (BaaS) fintech firm, announced it has raised $15.5 million funding to launch the OS for embedded finance.
Nemetschek invests in UK-based startup SymTerra to drive digitalization in the construction industry
The Nemetschek Group, one of the software providers for the AEC/O and media & entertainment industries, announced to have invested in the UK-based startup SymTerra, a construction site communications platform.
London-based startup growth agency Tailored Brands rebrands to Ventuure to scale Series A and B startups
Startup growth agency Tailored Brands announced it is rebranding to become Ventuure, to evolve its mission to support Series A and B startups.
London-based invoice intelligence platform Xelix completes $5m Series A funding to accelerate growth
Invoice intelligence platform Xelix announced it has successfully completed the Series A funding round, raising $5 million.
London-based healthtech startup Wondr Medical raises £12m seed round to accelerate global collaboration across the medical community
Digital health startup Wondr Medical, announced it has raised £12 million seed round to accelerate global collaboration across the medical community.
Sustainability data and tech startup ESG Book closes $35m Series B to advance its next-gen technology capabilities
ESG Book, a global player in sustainability data and technology, announced it has closed $35 million in Series B funding to advance its next-generation technology capabilities.
London-based Screenloop raises $7m for its hiring intelligence platform
Screenloop, the hiring intelligence platform that helps teams hit their recruitment targets faster whilst delivering an enhanced candidate experience, has raised a $7 million seed round.
UK-based BotsAndUs secures $13m seed financing for its warehouse data intelligence platform with autonomous robots
BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding to expand its logistics-disrupting solution globally.
British Virgin Islands-based SithSwap raises $2.65m to build next-gen AMM on StarkNet
SithSwap, the next-generation automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round led by Lemniscap.
London, Malta-based fintech CityFALCON raises $2m funding to scale growth
London and Malta based fintech CityFALCON closed an equity fundraising campaign on Seedrs of $2 million to scale up the business and bring even more insightful products to market faster.
Insurtech startup INSTANDA raises $45m to fund its next phase of growth
INSTANDA, the no-code core insurance platform provider has announced the closing of its $45 million fundraising led by Toscafund, one of Europe’s leading Growth Equity investment firms for financial services companies.
London-based AI startup Peptone closes $40m Series A funding to build a state-of-the-art research facility in Bellinzona
Peptone, the molecular computational physics company focused on protein drug discovery, announced the successful completion of a $40 million Series A financing round.
Alien Invasive Fruit Flies project comes to the rescue of Southern Africa mango farmers
In a bid to tame the voracious flies, the Alien Invasive Fruit Flies project in Southern Africa has come up with five technologies as part of an integrated pest management (IPM) package.
[Interview] Michelle Matthews, Director, Viridian, South Africa
Following the rising levels of unemployment among young South Africans, the UK-South Africa Tech Hub Launch League initiative undertook a research project.
African tech startup funding will double by 2025, research
African business leaders are forecasting a surge in spending on tech start-ups as foreign direct investment and improved internet connectivity helps establish the continent as a tech superpower, new research for blockchain-based mobile network operator World Mobile shows.
ScienceMagic.Studios raises $10m pre-seed to demystify Web3 for brands and talent
ScienceMagic.Studios announced it has secured $10.3 million in pre-seed investment from investors including Liberty City Ventures, Digital Currency Group, Coinbase Ventures, Noam Gottesman and Alan Howard.
Green tech startup Ecolibrium launches in the UK with $5m pre-Series A funding round
Advisory and climate tech-led sustainability solution Ecolibrium, has opened a new London HQ after raising $5m in a pre-Series A funding round, to support growing demand from commercial and industrial UK real estate owners.
UK-based tech startup Florence raises $35m series B funding to revolutionise social care
Florence, the UK-based tech innovator for social care, announced it has raised $35 million through a Series B funding round. Florence will use the investment for product expansion to support care in the UK.
Birmingham-based startup Astound raises $1m seed round to improve university access to corporate-sponsored research funding
Astound, a Birmingham-based startup, secured $1 million in seed funding to develop the first marketplace to allow research institutions and universities to easily find corporate sponsors.
Biotech startup Transine Therapeutics closes £13.7m seed round to accelerate its platform and portfolio development
Transine Therapeutics (Transine), a biotechnology company, announced it has successfully raised £4.6 million in additional seed funding.
Crop tech startup moa raises $44m Series B financing to progress new generation of safe and sustainable crop protection products
moa Technology, the crop protection discovery company that is revolutionizing the future of weed control in agriculture, announced it has secured $44 million in Series B financing.
London-based fintech Paddle acquires ProfitWell to automate payments infrastructure for SaaS companies
Paddle, the complete payments infrastructure for SaaS companies, announced it has acquired ProfitWell, the provider of subscription metrics and retention automation software.
London-based Crane Venture Partners raises $140m second fund to back early-stage founders
Crane Venture Partners, the London based firm leading the industry in graduation rates from seed to Series A, announced it has raised $140 million in its second fund to back early-stage founders.
London-based Bundlr Network raises $5.2m seed round to build an easier, faster way to store data on web3
Bundlr Network, a decentralized platform that makes it fast and easy to store data on web3, has raised a $5.2 million seed round co-led by Framework Ventures.
Breakthrough Properties raises $3b to develop next-gen life science ecosystems
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, announced the final closings for the Breakthrough Life Science Property Fund.
French AI startup Kryptview raises $650k in pre-seed to develop community-driven crypto research platform
Kryptview, a collective intelligence platform that provides peer-reviewed research for digital assets, announced the closure of its pre-seed round, raising $650,000 from crypto technology companies.
Huobi Incubator partners with Celo to promote Stablecoins for the masses
Huobi Incubator, the project incubation arm of Huobi Global, announced it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo.
UK-based fintech startup Paysend opens Americas headquarters in Miami
Paysend, the UK-based fintech with over 6.5 million customers, announced the opening of its Americas headquarters in Miami.
Startups increasingly use memorable, key-word rich descriptive domain names to stand out from competitors, study
TrueName, a global leader in descriptive domains, announced that more startups are choosing descriptive domains than in previous years per recent data by Marc Köhlbrugge.
London's GripAble raises $11m Series A funding to deliver data-driven neuro and musculoskeletal rehab
London-based GripAble announced a $11 million in Series A funding led by IP Group, with equal investment from Parkwalk Advisors, to enable GripAble to expand its industry-leading data platform.
What Africa requires to attain sustainable and effective food systems
A variety of factors constrain those who are reliant on farming for their livelihoods – particularly smallholders, including women and youth – from stepping up or stepping in to agriculture.
ComplyAdvantage releases new anti-money laundering essentials guide for Startups
ComplyAdvantage, a global data technology company transforming financial crime detection, announced the release of a new Anti-Money Laundering Essentials Guide for Startups.
Manchester-based HRtech startup Orka raises £3m to accelerate growth
Manchester-based Orka Technology Group (Orka), announced it has secured £3 million Series A fundraising round from Praetura Ventures.
Cambridge-based startup Sano Genetics raises $11m funding to accelerate genetic disease research
Cambridge-based startup Sano Genetics announced it has raised $11 million in a Series A funding round led by MMC Ventures, with further funding from Episode 1, Seedcamp and several experienced operators in software and life sciences.
Swiss edtech startup Alphacruncher raises €1.45m for global rollout of research cloud workspace product
Swiss edtech startup Alphacruncher has raised €1.45 million funding from Austrian venture capital firm Alpine Equity, NGM, private investors and existing users, to enable the global rollout of its education and research cloud workspace product, Nuvolos.
London-based digital foreign exchange Currencies Direct announces £140m investment from Blackstone
Palamon Capital Partners and Corsair announced that funds managed by Blackstone have agreed to make a £140 million strategic investment in Currencies Direct.
Payhawk becomes first Bulgarian Unicorn after raising $100 million
Payhawk, the payment and expense solution with offices in London, Sofia, Berlin, and Barcelona, has raised an additional $100m to extend its Series B round to $215m.
FunFair Technologies launches new blockchain venture capital business
FunFair Technologies announced the launch of a new blockchain venture capital business, FunFair Ventures, with the aim to plug a gap in the funding process for early-stage blockchain projects.
Huobi Incubator announces second batch of partners for Web3 Scholarship
Huobi Incubator, the project incubation arm of Huobi Group, announced the second batch of partners for Web3 Scholarship, a funding platform for developers, builders, and projects in the Web3 field.
London-based fintech startup Nous raises $9m seed to help households navigate the cost of living crisis
Nous (to rhyme with ‘house’) a London-based fintech startup, announced it has raised a $9 million seed financing round to build out its service that helps households get smart and stay vigilant as they navigate the imminent cost of living crisis.
Fearless Adventures leads £300K investment round for London-based personal safety startup WalkSafe
Fearless Adventures has led a £300,000 investment round to grow London-based personal safety app, WalkSafe, whose usage soared to half a million downloads following the murders of Sarah Everard and Sabina Nessa.
London-based healthtech startup ExSeed secures £2.5m for its male fertility testing kit
London-based male fertility startup ExSeed Health announced the closing of £2.5 million investment round, taking its seed-stage funding to over £5 million.
London-based Bramble Energy closes £35m to fund its hydrogen fuel cell technology
London-based fuel cell company Bramble Energy has closed a £35 million investment round to help further expand its game changing capabilities in solving key challenges in the production and implementation of hydrogen fuel cell stacks.
Achieving inclusive cocoa and palm oil commercialization in West Africa
Abugre also noted that questions remain with regards to the future of cocoa production given global price trends, climate change, farmers stepping into the sector, and income distribution effects at the local level.
London-based m3ter launches from stealth with $17.5m funding to expand into new markets
m3ter, a metering and pricing engine for SaaS companies, launched from stealth with the announcement of $17.5 million in funding. The investment will support m3ter as it builds on significant early traction to expand into new markets.
Nigerian proptech startup Seso Global launches regional offices in US and the UK
To better engage with communities in the diaspora, Nigerian proptech startup Seso Global has launched regional offices in the United States (US) and the United Kingdom (UK).
[Startup Interview] Manoj Ranaweera, CEO, SkilledUp Life, UK
SkilledUp Life is a UK-based two-sided marketplace for anyone, volunteers, to gain new experiences and build skills free of charge, and for bootstrapped tech startups, companies, to fill skills gaps in their teams with free talent.
Huobi Incubator announces sponsorship with Avalanche, affirms commitment to blockchain startup ecosystem
Huobi Incubator, the project incubation arm of Huobi Group, announced it will start a basket of sponsoring plans for Avalanche ecosystem to jointly incubate emerging projects.
London-based InstaDeep raises $100m to scale decision-making AI products to solve real-world problems
InstaDeep, a leader in advanced AI decision-making systems for solving real-world problems, announced it has raised $100 million and closed a Series B round led by Alpha Intelligence Capital.
UK's carbon offset ratings startup Sylvera raises $32m funding to become source of truth in carbon markets
Carbon offset ratings provider, Sylvera, announced it has raised $32.6 million in Series A funding to accelerate its mission to become a source of truth for carbon markets.
London-based proptech startup Homesearch completes £5m funding round to accelerate growth
After a record year of growth, property data and estate agent prospecting platform, Homesearch, completed a £5m Series A funding round with Octopus Ventures , the venture capitalist firm that originally backed Zoopla.
British Fintech Farm raises $7.4m to launch Neobanks in 8 countries
Fintech Farm, a British fintech company creating neobanks in emerging markets, raised $7.4 million investment to develop its new project.
CellPoint Digital secures $25 million investment to boost entry into new markets
CellPoint Digital, a global provider of digital commerce and payment solutions, has announced an equity financing round of $25M provided by Toscafund and its private equity arm, Penta Capital, to build on a series of major successes in recent years.
Global cloud computing company Esker to acquire majority stake in UK-based startup Market Dojo
The agreement states that Esker will acquire 50.1% of the shares and voting rights in the company effective Q1 2022 and the remainder of Market Dojo shares after a period of four years.
Israel tech startups raised $25.4 billion in 2021, report
The unprecedented figure represents a 136% increase over last year, which concluded with a full-year total of $10.8 billion raised.
African scientists make a case for home grown research on continent’s food systems
A storytelling event organized by African Women in Agricultural Research and Development (AWARD), saw four accomplished African researchers working on agriculture and food security share their personal journeys in agricultural research, and discuss how they are working to transform farming on the continent.
Nigeria tech startups raised $1.7billion in 2021, report
Since the beginning of 2021, Africa-based tech startups have raised more than $2.9 billion with Nigerian startups which are creating new products, services, and platforms raising $1.7 billion of this total or about 60% of it, a new report has found.
The University of Nairobi and Elgon Kenya to develop agriculture technology and innovation centre
The agriculture sector in Kenya has received a major boost following a partnership between two leading institutions to set up a technology and innovation centre, the first of its kind in East Africa.
London-based professional networking startup myGwork secures £1.6m for global expansion
myGwork, the global business LGBTQ+ recruitment and networking platform, has secured £1.6 million in the latest funding round led by 24Haymarket to grow its user base and continue with its international expansion plans.
Netherlands emerging as 'Hottest Tech Hub' in Europe, not reaching its full potential yet, report
Atomico, an international investment firm that focuses on helping disruptive technology companies scale globally, announced that the Netherlands is emerging as Europe's hottest tech hub.
Agritech startup FarmSense receives $2.2m SBIR funding for development of biosecurity measures against native and invasive pests
FarmSense, the agritech startup and creator of Smart Flight Sensors, announced it has been awarded Small Business Innovation Research (SBIR) funds in the amount of more than $2.2 million.
Retail media research startup Future Commerce announces launch of weekly podcast
Infinite Shelf recognizes that digital media and eCommerce tactics and strategies are no longer confined to traditional eCommerce channels and direct-to-consumer.
London-based healthcare startup Gravitiq raises $55m seed round to expand portfolio of e-Commerce healthcare brands
Gravitiq, the doctor-founded and led healthcare brand aggregator, announced the close of its seed funding round, raising a total of $55 million.
Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.
Robert Bosch Venture Capital GmbH joins Variantyx's $26m Series C funding round
Robert Bosch Venture Capital GmbH, the corporate venture capital company of the Bosch Group, has completed an investment in Variantyx, to improve personalized oncology treatment.
London-based insurtech startup Collective Benefits announces $10m investment from Prosus
Collective Benefits, an insurance and benefits marketplace for independent workers, announced a $10 million investment from Prosus Ventures, the venture investing arm of Prosus, one of technology investors in the world.
Digital postage stamp startup Stamp Free launches AI-based postal tracking app
Stamp Free Limited, the digital postage stamp company, has launched its new Digitrack app, an AI-based postal validation and tracking app for carriers.
Spiceware startup selected as finalist of UK's Trade's Global Fintech Competition
Spiceware, a cloud-based data security company and a member of Born2Global Centre, was selected as the "Joint Winner" at the Global Fintech Competition 2021 hosted by the British Ministry of International Trade (DIT).
London-based scale-up Wazoku acquires Colombian open innovation crowd Channge
London-based Innovation scale-up Wazoku has continued its global expansion and extended its reach into Latin America with the acquisition of Colombian open innovation crowd Channge.
London-based AI startup Humanising Autonomy raises $11m Series A funding to change how machines understand people globally
Humanising Autonomy, a behaviour AI company using modular, low-power computer vision technology to ethically understand and predict human behaviour raised an $11 million Series A funding round.
North Carolina's SAS and Pappas Capital partner to propel agritech startups with analytics
Two North Carolina companies, analytics leader SAS and venture investment firm Pappas Capital, are joining forces to help advance the state as a global leader in agricultural technology.
UK startup ComplyCube boosts SaaS offering with multi bureau checks to tackle identity fraud
ComplyCube, the identity verification provider, has launched a multi-bureau verification service underpinned by a comprehensive set of credit agency data, government sources, and propriety databases.
UK-based music distribution startup Blarecast Systems closes seed round to harness the power of BSV blockchain
Blarecast Systems, the UK-based startup aiming to provide an elegant and equitable solution for the music industry with BSV blockchain technology, has closed a seed funding round.
Biotech startup Elevian raises $40m Series A to advance treatments for stroke recovery and age-related diseases
Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, announced it raised $40 million in an oversubscribed Series A round led by Prime Movers Lab.
ITRI partners with Arm to provide resources for innovative IC design startups in Taiwan
To promote Taiwanese local IC design startups, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA) is supporting the Industrial Technology Research Institute (ITRI) and Arm, in providing critical resources.
Medical software startup Optellum appoints Jason Pesterfield as CEO to drive commercial growth in the US
Optellum, a medical software startup based in Oxford, UK, has appointed Jason Pesterfield as CEO to lead growth in the US clinical market. Optellum is a leader in AI-based software that transforms early lung cancer diagnosis and therapy.
Huobi Ventures launches $10m fund to accelerate innovative GameFi projects
Huobi Ventures, the global investment arm of Huobi Group, announced the launch of a new $10 million fund to invest in emerging GameFi projects around the world.
Madagascar Time startup launches charity cryptocurrency $TIME to fight climate change
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
Israeli startup Quantum Machines raises $50m to make quantum computers ubiquitous and disruptive across all industries
Tel Aviv based startup Quantum Machines, creator of the Quantum Orchestration Platform, announced it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution.
CB Insights launches algorithm to score the quality of startup's founding and management team
CB Insights, which enables world's leading companies to make smarter technology decisions, announced Management Mosaic, the first-ever algorithm to demystify the quality of a startup's founding and management team.
Next-gen research platform Litmaps closes $125K seed-stage investment from Quidnet Ventures
Litmaps, a Science software company based in Wellington, New Zealand has received NZ$125,000 in funding from Quidnet Ventures, a New Zealand-based venture capital fund with operations in Auckland, NZ, San Francisco and New York.
AI startup 3AI joins NVIDIA Inception program
AI startup 3AI announced it has joined NVIDIA Inception, an accelerator program designed to nurture startups revolutionizing industries with advancements in AI and data sciences.
UK-based adtech startup Playrcart raises £1m as it prepares for growth
UK-based startup Playrcart, the company that makes advertising assets instantly transactional, raised over £1 million in funding and added industry heavyweight Peter Scott as Chairman.
Tel Aviv and London-based AI construction tech startup Buildots raises $30m Series B funding as its technology reaches 12 countries
Buildots, the AI construction tech company announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, Tidhar Construction Group and Maor Investments.
Fintech startup Rapyd raises $300m Series E to further enhance its service offering
Rapyd, a global Fintech as a Service company, announced a $300 million Series E funding round led by Target Global.
HYPE GVA 2.0 NFTs startup MyLads seals €7.6m investment round
HYPE Sports Innovation, GVA 2.0 NFTs startup, MyLads, a player in Augmented Reality (AR) Sports Fan Engagement, has closed a €7.6 million Seed Investment Round led by Riva Technology and Entertainment (RTE).
UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.
Danish fintech startup HelloFlow raises $1.6m for its no-code KYC and client onboarding solution
HelloFlow, a Danish fintech startup, has closed a $1.6m Seed round led by a Danish VC PreSeed Ventures, and UK-based, Seedcamp.
Financials, ICT remain the most attractive sectors for VC investment in Africa, report
Mapping Africa’s startup landscape between 2014 and 2020, the report provides data and analysis on venture capital (VC) deal activity in Africa in 2020 along with information about the types of investors that have participated in those deals.
AI startup LLENA (AI) partners with Southern University to support (USDA/NIFA) Agriculture and Food Research Initiative
LLENA (AI) Health Solutions, announced a partnership with Southern University in Baton Rouge, Louisiana to support their "Center of Excellence for Nutrition, Health, Wellness, and Quality of Life" initiative to address diet-related health disparities.
bp invests $7m in electric vehicle charging startup IoTecha
bp ventures has invested $7million in smart electric vehicle (EV) charging firm, IoTecha, leading a $13.2 million investment round.
London-based fintech startup ShareVision raises $2.1m seed for 24/7 streaming platform
ShareVision raised $2.1 million in seed funding to scale its financial streaming platform, where both businesses and consumers are streaming content on the stock market, economical updates and financial education.
Huobi launches incubator program to provide assets, resources and guidance for startups
Huobi Group, a world cryptocurrency and blockchain company, announced the initiation of its incubator program, Huobi X Center, who's goal is to empower startups by providing customers a range of resources.
QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.
XLIO Ventures closes $53m funding facility
XLIO Ventures, with offices in London, Seattle, New York, Tel Aviv, and Sao Paulo announced the closing of $53 million funding facility to back an expanding roster of the Made-to-Order Startups it creates for its enterprise technology customers.
London-based workplace ethics & compliance startup Vault Platform secures $8.2m in Series A funding
Vault Platform, the pioneering workplace ethics & compliance platform, has closed an $8.2 million Series A funding round to service demand from its fast-growing client base, drive Artificial Intelligence technology for misconduct reporting and expand its team.
The nexus between gender-responsive research and agricultural productivity in Africa
Smallholder farmers across Africa are looking to science to boost farm productivity and to tackle emerging threats, partiuclarly with regards to climate change and pandemics as demonstrated by COVID-19, the report further noted.
Railsbank partners with UK fintech startup Finadvant to offer digital banking to SMEs
Finadvant takes advantage of Railsbank's innovative BaaS platform to secure GBP and EUR ledger technology, offering the ability for their customers to receive, send and convert payments via SWIFT and UKFP.
Creator platform Fanbase attracts high-profile artists and creators, expands into three new territories
Fanbase, the subscription-based social platform that empowers creators to monetize their content and grow their fanbase, is on the verge of closing its seed round, already raising $3.1 million dollars on StartEngine.
Huobi Group launches Huobi Ventures with $100m for early stage DeFi investments, mergers and acquisitions
Blockchain company Huobi Group announced the launch of Huobi Ventures, a wholly-owned subsidiary focused on growing Huobi's venture investment portfolio and supporting innovative blockchain projects through long-term investment strategies.
AI-powered fintech startup Expend announces impressive start to crowdfunding campaign
Expend, the AI-powered fintech startup changing the way businesses manage expenses and spending, announced a great start to its crowdfunding campaign on Seedrs.
UK-based startup Cquestr8 raises $300k seed capital to develop safe & permanent carbon sequestration solution
Cquestr8, 2020 winners of the Climate-KIC's ClimateLaunchpad "Next Big Thing" prize, has secured funding to develop their unique carbon sequestration solution, leveraging natural processes to safely lock away CO2 as stable ocean bicarbonate.
Fact.MR redefines the way startups access market research
The number one reason for startup failure isn't lack of funding or stiff competition. The main reason is 'misreading market demand'. Therefore, it becomes important for startups to thoroughly research the market.
Martech startup Ziflow raises $6m in expansion funding to meet growing demand for creative collaboration
Ziflow, industry's player in creative review and approval solution for agencies and brands, announced the raise of $6 million expansion round, led by Companyon Ventures.
AI startup Oxia Palus enables first hidden masterpiece on canvas, long lost behind a Pablo Picasso
Oxia Palus, a new-age company dedicated to using artificial intelligence to resurrect the world's most important lost artwork, announced it has recreated on canvas, the first masterpiece of another era, one lost for nearly 120 years.
HG Ventures partners with Innovate UK to leverage sustainable startups in the UK
HG Ventures announced a partnership with Innovate UK to leverage HG Ventures investments in environmentally sustainable innovation in the United Kingdom.
UK's Cyber vulnerability startup RankedRight secures $500K in seed funding
RankedRight, the new platform which has been predicted to supercharge the efficiency of IT security teams across the world, secured $500,000 in seed funding.
Plug and Play, Finastra partner to expand FusionFabric.cloud platform for open innovation
Plug and Play announced a collaboration with Finastra, global financial technology provider, to help expand its FusionFabric.cloud platform for open innovation.
Crypto-native startup Travala.com partners with Viator, adds over 400,000 tours and activities worldwide
Travala.com, the blockchain-based travel booking platform, announced a strategic collaboration with Viator, a Tripadvisor company and leading resource for tours and activities worldwide.
CRIO secures Series A financing to accelerate growth, platform development
Clinical Research IO (CRIO), a Boston-based technology firm offering clinical research sponsors and sites a platform to streamline clinical trials, announced the completion of a $3.5 million Series A round led by Rally Ventures.
Evergreen Podcasts invests in Podcast Radio startup
Evergreen Podcasts announced an investment in Podcast Radio, a U.K.-based, independent platform for discovering and promoting podcasts through digital broadcasting and a radio-like experience.
British startup QUVRY launches free iOS videocasting app for high-quality video calls
British startup QUVRY announced the launch of its free iOS videocasting app for high-quality video calls, to transform the video call experience.
London-based Bacchus Capital raises $140m equity capital for its uranium venture, Yellow Cake
Bacchus Capital, the independent investment and merchant bank specialising in cross border public market M&A, arranged for the financing of $100 million purchase of physical uranium, by Yellow Cake, pursuant to its option with Kazatomprom.
From grass to cash: Harnessing the power of climate smart forage grasses in Western Kenya
Kenyan researchers have been working with farmers in Western Kenya to test new varieties of fodder grasses known to have higher protein, low fiber and are fast maturing.
Investment in Forward BIOLABS paying off for bioscience startups
Forward BIOLABS, a co-working life science lab that helps bioscience startups grow, is celebrating early successes and honoring the companies that support the organization.
Boast.AI secures $100m to fuel R&D tax credit-based financing for startups
Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm.
WNS partners with insurtech startup By Miles for the world’s first connected car insurance
WNS Assistance has announced a new partnership with By Miles, an insurtech startup and motor Managing General Agent (MGA), to manage claims for a first-of-its-kind connected car insurance policy using the real-time data of the vehicle.
HR startup Oyster closes $20m investment round
Oyster, the HR platform for globally distributed companies, announced it has completed a $20 million Series A investment led by Emergence Capital, less than a year after raising a $4.2 million seed round.
MRM partners with Founders Factory on new startup impact program
MRM, a marketing agency that is part of McCann Worldgroup, and Founders Factory, the influential startup studio and accelerator, announced a new partnership, to give MRM access to Founders Factory's network of startups.
British adtech startup Illuma Technology joins PwC's Raise programme
British adtech startup Illuma Technology, an independent contextual AI specialist, has been selected for capital fundraising through PwC's Raise programme.
Kinyungu Ventures calls for changes to cut-and-paste VC strategy in Africa
A new White Paper published by East African venture advisory firm Kinyungu Ventures shows there continues to be a wide misalignment between traditional venture capital models and the African market.
US venture exit value achieved $290 billion in 2020 alongside record years for investment and fundraising activity, report
Though the past year had a lot of uncertainty brought on by the coronavirus (COVID-19) pandemic, the US VC industry demonstrated its resilience and long-term mindset, achieving new records in total exit value, deal value and capital raised by VC funds.
Egypt’s life science startup Nawah Scientific raises $1m round for market expansion
Egyptian life science startup Nawah Scientific announced the the closing a second pre-series A round of $1 million in mixed equity and debt capital, raising its total funding to $2 million.
UK fintech startup Curve closes $95 million in equity as it plans US launch
Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has secured $95 million from a group of international investors as part of a successful Series C round.
UK next generation plastic start-up Xampla accelerates growth with £6 million seed investment
University of Cambridge spin-out Xampla has announced it has closed a £6.2m seed finance round, led by the backers of Zoom, to accelerate the roll-out of its next generation plastic replacement.
UK biotech startup Theolytics raises £5m Series A round to advance viral cancer therapies
Theolytics, a UK biotech harnessing viruses to combat cancer, announced the closing of £5 million Series A round, co-led by Epidarex Capital and Taiho Ventures LLC with participation from existing investor, Oxford Sciences Innovation (OSI).
Fashion tech startup uSizy helps UK retailers brace for record sales of £28 billion this Christmas
In the wake of recent retail closures across the UK, fashion technology startups are delivering much-needed innovation to help merchants maximise online sales and optimise unprecedented digital demand this Christmas.
Trint raises £5 million to build StoryTech, a new software category
Trint, a UK speech-to-text platform for content creation, has announced the close of its Series A Acceleration round with an investment of £5 million.
[Startup Interview] Marcin Kierdelewicz, Founder, Biami.io, UK
Biami.io is a London tech startup that uses its own intelligent automation software framework to help customers build business process-driven software, platforms and robots to run their business processes at scale. The startup’s founder Marcin Kierdelewicz elaborates.
Dot Investing launches online forum for individuals keen on alternative asset funds
Dot Investing, a fintech startup based in London, has launched an online investment platform that allows individual investors to invest in top private and alternative asset funds.
London software startup Wazoku partners with Schumpit to drive innovation in Spain and Portugal
Idea management software and services firm Wazoku is partnering with innovation consultancy Schumpit, extending Wazoku’s recent international expansion into Spain, Catalonia and Portugal.
Zimbabwe startup Phenomenon Technologies partners with MEL Science for applied learning solutions in Africa
Zimbabwean startup Phenomenon Technologies has partnered with global science kits giant MEL Science in a strategic move meant to enable applied science learning in Zimbabwe and Africa.
UK Government selects London startup Kooling to receive sustainable innovation fund
Innovate UK, the UK's innovation agency has awarded London based startup Kooling a share of its £191 million Sustainable Innovation Fund.
Tech startup Nestlings raises $1.5m to help international students through college application process
Nestlings, an online portal that guides international students through the process of applying to colleges in the US, Canada, and the UK, has raised $1.5 million in a Seed Round of funding from Candid Ventures.
Citi announces strategic investment in UK startup Dextcloud
Dextcloud, an API “Low Code Application Platform” (LCAP) startup based in the UK, has received a strategic investment from Citi.
Digital investment platform Clim8 smashes target for latest funding campaign by 600%
As interest in sustainable investing continues to grow apace, Clim8 Invest (Clim8), a digital investment platform that help consumers invest exclusively in companies focused on tackling the climate crisis, has raised a further £2.4 million in funding.
October Startup Sentiment Index shows three-month trend in advancing startup timelines
The number of respondents agreeing that now is a good time to start a business reached a three-month high at 60.6% in October.
Medtech startup Immertec partners with Orthopaedic Foundation to demonstrate effectiveness of VR surgical training
Orthopaedic Foundation has partnered with medtech startup Immertec, to conduct research to evaluate the effectiveness of VR for remote surgical training.
Nearly 60% of startup founders say operating costs are their top spending priority in the first quarter
While the long-term economic effect of the COVID-19 pandemic is still unknown, the remote work period has forced startups to adjust their spending priorities, according to a new survey from Clutch, a B2B ratings and reviews platform.
Mohammed VI Polytechnic University partners with Plug and Play to launch accelerator programme in Morocco
Mohammed VI Polytechnic University (UM6P), an academic and research institution, has partnered with global innovation platform, Plug and Play, to launch an Open Innovation Hub in Morocco, with the support of OCP Group.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here