News
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.
Creative technology agency Rehab today highlights research of over 2,000 Brits, conducted with YouGov, showcasing concerns of businesses respecting their personal data, and the general ineffectiveness of current advertising. Both have magnified importance as brands juggle the need to accelerate personalised offerings whilst also preparing for cookies ending in 2023.
A group of VCs and investors including Startup Wise Guys and Pointer Capital recently invested into the seed round of Copernic Space, a blockchain-based platform to enable the purchase of space assets and investment into space ventures by the mass market. The increased interest in the new budding sector applying blockchain technology to open wider commercial access to space and related investments marks the beginning of a new market.














