News
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.
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.
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.
Hypervine, the cleantech construction startup that uses artificial intelligence (AI) and blockchain technology to provide end-to-end site data for construction and mining firms, boosting efficiencies whilst enabling massive reductions in carbon emissions, has won a six year Framework with Morrison Construction and Scottish Water.
SEON, a London-based Anglo-Hungarian startup that powers online fraud prevention raised $94m in Series B funding. Led by Silicon Valley-based IVP, the round also includes existing investors Creandum and PortfoLion, as well as, angel investors including founders and senior executives from the very best product-led tech companies: Aiven, Coinbase, DataDog, DoorDash, Figma, G2, GitHub, Public, Slack, Supercell, UiPath, Veriff, and Wise.













