News
Investors are continuing to pump money into London’s fintech companies despite the pandemic, according to latest data from London & Partners and Dealroom.co today.
The UK government is starting to draw up a plan to create a ‘world-leading’ hydrogen market that can help meet its goal to zero out greenhouse gas emissions by 2050. As a consequence, the renewables sector is urging the government to support the rapid development of commercial green hydrogen.
Vivalys is the first school in the world to automatically measure the level of hand hygiene of its students through connected water sensors. Developed by the startup, Droople, this first of its kind solution will contribute to the fight against the spread of COVID-19.
Brighteye Ventures, Europe’s first and largest education technology (edtech) venture capital fund, has announced the $54m first close of its second fund, bringing assets under management to over $112m. Funding for first close comes from a mix of existing and new investors, primarily international Family Offices, with a second close expected in 2021 to accommodate institutional investors.
Despite the on-going impact of the COVID-19 pandemic, global early-stage venture capital firm, Antler invested in seven startups during its second UK cohort, taking its global investment total to over $30m.
With new guidelines enforcing a ‘rule of six’, 10pm curfews and continued working from home for up to six months, it seems highly unlikely the office Christmas party (as we know it) will be happening this year. But – fear not – COVID hasn’t cancelled Christmas entirely! Instead, employers will have to get creative and think of alternative ways to celebrate. So wave goodbye to seeing your boss hit the dance floor, and say hello to the not so new virtual party!
A new global study has revealed the extent to which the UK values its small businesses, highlighting the depth of goodwill and the strength of society’s dependence on them since COVID-19.
Over 1,000 British tech startups have filed for administration, liquidation or dissolution since lockdown began, according to new research released today by Plexal and Beauhurst.
OurCrowd and Emirates Angels Investors Association held an online event which gave Israeli investors and entrepreneurs their first glimpse of the tech opportunities available in the United Arab Emirates. UAE Tech Investment Landscape: Introduction for the Israeli Ecosystem, broke records with over 2,000 registrants who were able to hear from some of the Emirates’ top business leaders and officials talking directly to Israelis for the first time.
Millions of Brits give up more than a month of time each year by working additional unpaid hours, totalling five years over their working life, research reveals. In a poll conducted by Hitachi Personal Finance for this year’s National Work Life Week, data reveals exactly how much time Brits are spending working past their contracted hours and what else the nation could be doing with this time.
A third of UK customers would ditch companies after just one poor experience, according to research conducted by SAS. Meanwhile, 90% of customers would abandon companies after just two-to-five poor examples of customer service, before moving to competing brands. The research shows that, despite disruption caused by COVID-19, customers’ patience with companies offering a poor customer experience is running thin.
When the term unicorn emerged back in 2013, there were only 40 private companies with a valuation of $1bn in the world. Since then, the number of these financial giants jumped 12.5 times, reaching around 500 in September.
A new executive education course for the venture capital industry, aimed at getting more under-represented groups, especially women, Black, Asian and other minority candidates into the sector, has launched with a mission to find the investment professionals who will shape Europe’s next generation of tech unicorns.
The Techwuman STEM Ambassador programme is designed to train those from the STEM industry to ‘give back’ by being role models allowing them to share their career pathways and knowledge.
Early-stage companies based in the Edinburgh Business School (EBS) Incubator at Heriot-Watt University have created 48 jobs and generated a combined turnover during their incubation period of £1,051,464, a new report reveals this month.
Yorkshire-based, Pro Safety Management has launched a free phone consultation and 69-step Covid-19 Compliance Checker for businesses across a range of sectors.
As the Founder/CXO of a startup, your alternative title is CFFO, or Chief Fire Fighting Officer. You don’t have time to attend a one-day workshop to solve a current problem in your business, let alone read a white paper on the topic. You need quick reads that provide you with answers to your problems now – and that is the purpose of Startips.
Landscape, a new review platform for startup founders to discover and find investment opportunities, has officially launched today. The community project, started by Founder Joe Perkins, provides transparent feedback from entrepreneurs on their experiences with European venture capital firms and accelerators. To date, Landscape has received almost 700 reviews in its beta, with 83 Verified Partners on the platform.
JAXJOX, the global fitness technology company known for its innovative workout equipment and platform, has announced that it has secured £7.7m in a Series A round of funding with investors Dowgate Capital Ltd. and entrepreneur Nigel Wray, bringing total funding raised to date £13m.
A new $60m venture capital fund led by an ex-Google executive and Silicon Valley venture capital firm veteran will invest in 120 early-stage startups across the MENA region amid an anticipated boom in tech post-COVID.
