News
Mental health charity, Oakleaf, which is based in Guildford and supports people through training and wellbeing social activities, has partnered with Professional Training Solutions (PTS), a provider of employability, apprenticeship courses and training programmes. PTS works across London, Surrey and the South East, and together they will deliver an employability programme to help individuals get started or return to a work environment.
PassFort, the SaaS RegTech provider whose platform automates financial crime and compliance processes, has announced the close of its Series A funding, which gives the firm access to $16.2m. The money will be used to realise PassFort’s global growth plans and its ambition to be the category leader in compliance automation for regulated businesses.
UK startups and competition would be damaged if the government cracks down on mergers and acquisitions involving big tech companies, a new report argues. The report, released at the end of a Government consultation, warns that the plans will chill investment in British tech startups, hurting the UK’s competitiveness and attractiveness as a place for tech startups to do business.
Monolith AI, an Artificial Intelligence Engineering (AIE) software, has announced £8.5m in Series A funding, taking its total capital raised to £10.6m. The round was led by New York-based global private equity and venture capital firm Insight Partners, with existing investors Pentech and Touchstone supporting the round. Also joining the round is the founder of Formula E and Extreme E, Alejandro Agag, Apex Black and the Stanford Angels of the UK.
It’s true what they say, timing is everything. For some businesses, the pandemic will go down in history as one of the biggest challenges to their supply chain management, human resources, and overall bottom line. But many of the businesses that started up during or post-pandemic will note the last 18 months as the foundation of their success.
Techstars, the worldwide network that helps entrepreneurs succeed, announces the launch of two new accelerator programs in Paris and Stockholm. The launch showcases Techstars’ commitment to investing in startup talent in Europe, where it plans to invest in more than 100 startups in 2022 through its various accelerator programs in seven countries. Both programs will be fully funded by Techstars, following the recent July close of a new $150m fund, intended to support more local entrepreneurs looking for global exposure.
Grapevine has won the Business Travel Innovation Faceoff at this year’s Business Travel Show Europe. The hybrid event took place at ExCeL London and online on 30th September and 1st October. It returns as a fully in person event at ExCeL for 2022, running 28-29 June alongside TravelTech Show and The Meetings Show.












