News
Releaf, an agtech startup that develops proprietary hardware and software solutions that makes African farmers and food factories more efficient and profitable, has raised $2.7m seed funding in a round led by Samurai Incubate Africa, Future Africa and Consonance Investment Managers with participation from Stephen Pagliuca, Chairman of Bain Capital and Justin Kan (Twitch). Releaf also secured $1.5m in grants from The Challenge Fund for Youth Employment (CFYE) and USAID.
Following what INvolve call the biggest set-back for women’s equality in a generation, and as children and workers finally return to school and workplace, Suki Sandhu OBE has called on all companies to ‘stop shelving gender equality and set the precedent’ if we are to solve the gender inequality crisis caused by the pandemic.
According to research by iwoca, almost 80 new businesses were created every hour across the UK in the first half of 2021. Analysis of Companies House data reveals that 340,534 businesses were registered in the UK between January and June 2021, an increase of 32% from 257,243 over the same time period in 2019.
Research by DNV and World Business Council for Sustainable Development (WBCSD) reveals that despite the growing attention in the public, among legislators and companies, the shift to business models that design waste out of the system seems to progress slowly, and circular economy is rising on corporate agendas across geographies.
AirBolt, a consumer and enterprise tracking and access company, has announced the closing of its $2m series seed fundraising round, with a majority growth investment led by 72Capital. The investment will accelerate plans to expand AirBolt’s range of connected devices and global partnerships. It will also allow AirBolt to grow more aggressively internationally, expand into new product categories, and enhance its global live tracking service to deliver more peace of mind to its growing community of users.
OpenUK has announced its 2021 Kids Digital Glove Giveaway, sharing 5,000 Digital Gloves, sustainably made in the UK, and sponsored by Nominet and the Open Data Institute. With a focus on engaging children in practical open source software coding, whilst teaching the open source definition and the sustainable development goals, the course builds on OpenUK’s 2020 Summer Camp.
Algbra, a sustainable and values-focused digital finance provider dedicated to providing ethical finance solutions and promoting financial wellbeing, has attracted a wide range of high-profile backers. The Seed investment round, led by New World Group and SFC Capital earlier this year, was oversubscribed.
UK-based Prsnt, the instant gifting app, is going public later this month after a successful beta testing phase over the past six months during which the search term ‘online gift’ increased over 80% last year. The app enables users to choose a gift from hundreds of the UK’s high street brands (online or in-store) and sends it directly to another person’s smartphone.
QJumpers, a sourcing and recruitment software provider, has announced it’s AI Talent Sourcing. The tool scours publicly available information and uses AI to find, rank and engage highly qualified, passive job candidates that previously could not be found through traditional sourcing and advertising methods.










