News
57% of employees say feeling recognised would reduce the likelihood that they would take a call from a headhunter, according to the latest State of Recognition Report from Achievers Workforce Institute, the research and insights arm of Achievers.
Flow Your Money (Flow), the money management app for freelancers and consumers has raised a €3.5m seed investment round led by Eleven Ventures. The round was joined by RockSalt, the venture arm of SaltPay, as well as Silverflow co-founder Robert Kraal (former COO Adyen), Hristo Borisov (founder and CEO of Payhawk), Marnix van der Ploeg (Booking.com) and Travel Health Group’s owner Arnoud Aalbersberg. The investment will enable Flow to scale up its platform, which makes it possible to automatically distribute incoming and outgoing money flows, taking the step towards ‘self-driving money’: smart, fully autonomous money management. Flow now also can expedite European expansion plans as it sets out to become the largest player in this fast-growth market.
As the IPCC announced its final warning that the coming years are critical in saving the Earth’s depletion. However, the road to achieving Net-Zero seems unclear, as nearly one in three (30%) say their company is not doing enough to combat climate change.
Creator Fund, the early-stage VC fund investing in deeptech emerging from universities, has announced a $20m fund.
AWS has announced it has committed more than $30m to early stage startups led by black, latino, LGBTQIA+, and women founders as part of its AWS Impact Accelerator.
Every day, millions of contracts are drafted, however, due to poor and manual contract management processes, companies a reportedly losing as much as £10m in inefficiencies. Recognising this as a widespread problem, Niels Martin Brøchner, Jarek Owczarek and Viktor Heide founded and developed Contractbook, an automated contract management platform that is now used by over 150,000 businesses, including NHS Trust, TED, The Student Hotel, Mutebox and Eon.
Vaayu, the climate tech start-up that helps retailers reduce their carbon footprint in real-time, has closed an $11.5m seed funding round led by Atomico, with follow on from CapitalT and participation from Reddit co-founder Alexis Ohanian’s firm Seven Seven Six, along with a select group of angel investors including Cristina Stenbeck, Chairperson of the Zalando Supervisory Board and non-Executive Director of Spotify and Bryant Chou, co-founder and CTO of Webflow. As part of this round of investment, Atomico Partner Terese Hougaard will join Vaayu’s board, making it 75% female.
PropTech startup Bright Spaces launched its first subsidiary abroad, in the UK. The startup, which creates advanced, end-to-end digital leasing platforms for commercial and residential real estate, already has two clients from the UK.
The long-standing Leeds Digital Festival is returning this month for a “mini-fest” focusing on innovation in the sustainable tech sector. Ahead of the usual two-week event in September, the Festival’s organisers are showcasing the many firms and individuals who are trailblazers in the world of using technology for good.
AMLo Biosciences (AMLo), a medical device company spun out of Newcastle University specialising in the early detection of skin cancers, is pleased to announce it has secured significant further investment totalling £2.45m.
Arbor Steel has raised £200,000 in a pre-seed funding round to bring its digital identity citadel to customers. Developed following a £100,000 InnovateUK Grant, the platform provides a secure and efficient way to share personal data and interact with services whilst maintaining control.
Pitch, the collaborative presentation platform for modern teams, has introduced recordings, a feature that gives every team the power of collaborative video storytelling right within Pitch.
SlothMove, which offers users a ‘stress-free’ change of address and home-setup service when moving home, was only formed three years ago. The business flourished during the pandemic as property sales soared and now legal giants Taylor Rose MW have acquired a stake in the business, which has also been championed by former Dragon’s Den star Piers Linney.
Futr, the live chat and customer service chatbots leader, has secured new funding from Blackfinch Ventures, a technology venture capital firm, and existing investors to continue its mission of using artificial intelligence to disrupt the delivery of customer service.
Research from XpertHR reveals that 67% of organisations say that their HR department does not currently gather enough meaningful data to measure HR performance within their business
SafetyWing, the Norwegian startup building a global social safety net, has announced the closing of a $35m series B funding round led by leading European growth investor Kinnevik with full participation from existing investors Creandum and byFounders. The insurance investor Mundi Ventures also joined this round. The funding follows an $8m series A funding round last year, led by Creandum.
EMJ has been honoured with a Queen’s Award for Enterprise for International Trade.
A dog walking app designed to give dog walking businesses a head start has launched a crowdfunding campaign to invest in blockchain technology and support its impressive growth and development strategy.
Data from Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, shows that many online businesses are still not fully compliant with the new Strong Customer Authentication (SCA) regulation – which became mandatory for all transactions a month ago – and have lost out on £130m worth of sales as a result.
Vaayu, the climate tech start-up that helps retailers reduce their carbon footprint in real-time, has closed an $11.5 million seed funding round led by Atomico, with follow on from CapitalT and participation from Reddit co-founder Alexis Ohanian’s firm Seven Seven Six, along with a select group of angel investors including Cristina Stenbeck, Chairperson of the Zalando Supervisory Board and non-Executive Director of Spotify and Bryant Chou, co-founder and CTO of Webflow.
