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Science Minister unveils £15m satellite technology fund
Oct 20

Oct 20 Science Minister unveils £15m satellite technology fund

Startup News
News

Science Minister Nusrat Ghani has unveiled a new £15 million fund to support UK space businesses for the development of satellite communications technology.

Tourism and recreation output falls as consumers tighten spending
Oct 20

Oct 20 Tourism and recreation output falls as consumers tighten spending

Startup News
News

Tourism and recreation experienced the sharpest fall in output of any UK sector in September, according to the latest Lloyds Bank UK Sector Tracker.

Pure Electric launches Crowdcube campaign after surpassing investment goal by securing almost £1.5M in a private raise
Oct 20

Oct 20 Pure Electric launches Crowdcube campaign after surpassing investment goal by securing almost £1.5M in a private raise

Startup News
News

Pure Electric has launched its public equity crowdfunding campaign, giving people the opportunity to invest and own shares in its award-winning e-scooter brand.

ZTLment becomes Europe’s first payments institution built on blockchain
Oct 20

Oct 20 ZTLment becomes Europe’s first payments institution built on blockchain

Startup News
News

Danish fintech startup, Ztlment, is the first in Europe to gain a license that lets it operate fully regulated payments on top of blockchain.

Hoxton Farms raises a $22m Series A to solve the big fat problem for meat alternatives
Oct 20

Oct 20 Hoxton Farms raises a $22m Series A to solve the big fat problem for meat alternatives

Startup News
News

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.

Relai builds with Checkout.com to bring instant and 24/7 bitcoin purchases to Europeans and become Europe’s simplest bitcoin app
Oct 20

Oct 20 Relai builds with Checkout.com to bring instant and 24/7 bitcoin purchases to Europeans and become Europe’s simplest bitcoin app

Startup News
News

Relai, the Swiss bitcoin app, announces its partnership with Checkout.com, the global payments provider.

Gong introduces the first user-trainable AI system for deep understanding of customer conversations
Oct 20

Oct 20 Gong introduces the first user-trainable AI system for deep understanding of customer conversations

Startup News
News

Gong, the Revenue Intelligence leader, launched Smart Trackers™, the first user-trainable AI system for deep understanding of customer conversations.

Visa and Thunes expand visa direct‘s reach to 1.5 Billion digital wallets
Oct 20

Oct 20 Visa and Thunes expand visa direct‘s reach to 1.5 Billion digital wallets

Startup News
News

Visa is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, reaching 1.5 billion digital wallets across 44 countries and territories.

EMV Capital leads £2.5m financing package in domestic heat efficiency champion Ventive
Oct 20

Oct 20 EMV Capital leads £2.5m financing package in domestic heat efficiency champion Ventive

Startup News
News

EMV Capital, the deeptech and venture capital specialist, a wholly owned subsidiary of NetScientific plc, has led a £2.5m financing package in the domestic heat efficiency specialist, Ventive.

Only 55% of Africa’s population can access the internet, while it remains slower and less affordable
Oct 20

Oct 20 Only 55% of Africa’s population can access the internet, while it remains slower and less affordable

Startup News
News

Surfshark’s analysis highlights that Africa experiences the sharpest internet divide, with just 55% of the population having access to the internet (compared to 90% in Europe).

Holidu raises €100M in oversubscribed Series E round
Oct 20

Oct 20 Holidu raises €100M in oversubscribed Series E round

Startup News
News

Holidu, the fast-growing holiday rental company, announced today that it has closed a €100M+ million Series E financing round led by 83North.

Lukango, the Insurtech dedicated to microbusinesses and sole professionals, has raised £275k in a pre-seed round
Oct 18

Oct 18 Lukango, the Insurtech dedicated to microbusinesses and sole professionals, has raised £275k in a pre-seed round

Startup News
News

London-based Insurtech Lukango has successfully closed a £275k pre-seed round which will see funding deployed to accelerate the build and launch of its tailored products and platform.

edgeTI and Silico Partner to unite real-time digital operations and AI-Powered business process simulation
Oct 18

Oct 18 edgeTI and Silico Partner to unite real-time digital operations and AI-Powered business process simulation

Startup News
News

Edge Total Intelligence Inc. ("edgeTI"), and Silico Ltd (“Silico”), announces a strategic partnership to accelerate the time to value of digital transformation initiatives.

Leading aviation technology expert, Dr. Theresa Wise joins IBS Software Board of Directors
Oct 18

Oct 18 Leading aviation technology expert, Dr. Theresa Wise joins IBS Software Board of Directors

Startup News
News

Dr. Wise has 15 years’ experience as Chief Information Officer (CIO) having served with Delta Airlines, where she was responsible for the renewal of Delta’s complex and critical technology systems, and previously as CIO of Northwest Airlines.

Side hustle app Shepper predicts 9x revenue growth in 2022
Oct 18

Oct 18 Side hustle app Shepper predicts 9x revenue growth in 2022

Startup News
News

Innovative data-collection service app, Shepper, is predicting a 900% increase in revenue in 2022, compared to 2020, as demand for real-life, tangible data insights and side hustle incomes skyrocket.

Rising costs and falling revenues causing worst small business pessimism outside lockdowns
Oct 18

Oct 18 Rising costs and falling revenues causing worst small business pessimism outside lockdowns

Startup News
News

Cost pressures, falling revenues and a growing reliance on debt to prop up cashflows are among the gloomy findings of the latest Small Business Index (SBI) from the Federation of Small Businesses (FSB).

Salterbaxter appoints Helen Rushton as Head of Sustainability Transformation
Oct 18

Oct 18 Salterbaxter appoints Helen Rushton as Head of Sustainability Transformation

Startup News
News

Salterbaxter, the creative consultancy pioneering business progress for the global agenda and Publicis Groupe’s global centre of excellence in sustainability, has appointed Helen Rushton as Head of Sustainability Transformation.

Independent business lender, White Oak, hits £125M lending during Q3
Oct 18

Oct 18 Independent business lender, White Oak, hits £125M lending during Q3

Startup News
News

White Oak, one of the UK’s leading non-bank lenders, has announced it has provided over £125m of funding to UK SMEs and mid-corporates during Q3, a record for the firm.

Nigel Wray leads £3.74m Series A to propel growth ambitions of UK leading IV drip business, Get A Drip
Oct 18

Oct 18 Nigel Wray leads £3.74m Series A to propel growth ambitions of UK leading IV drip business, Get A Drip

Startup News
News

Born out of and now also headquartered in Letchworth, Hertfordshire, Get A Drip, the UK’s leading provider of intravenous nutrition therapy, has announced a $4.5m (£3.74m) Series A fundraise led by Nigel Wray, former chairman of Saracens Rugby Club.

IZEA, the originator of influencer marketing, launches in UK
Oct 18

Oct 18 IZEA, the originator of influencer marketing, launches in UK

Startup News
News

IZEA Worldwide, Inc., the company that created the influencer marketing industry, announced its launch in the UK market.

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