News

New fund for companies delivering sustainability through innovation

London-based ETF Partners has closed its third Environmental Technologies Fund (ETF3) at £167m, to grow the most innovative companies in the UK and Europe that help deliver long-term and sustainable economic prosperity.

Online training platform launches with £2000 finance training prize

To celebrate the launch of its new financial training platform, Yorkshire-based finance management specialist Mellor Financial Training is offering businesses the chance to win free access to the site worth almost £2000.

Mobile mesh tech aids social distancing for manufacturing

Wyld Networks has launched a new mobile mesh technology to help get the manufacturing industry back to work safely, improve operational efficiencies and re-boot the economy. The innovative mesh technology can be built into mobile apps and IoT devices and uses virtual geozones to manage access, collect data, deliver location-aware content or safety information, and monitor social distancing.   

Elswood appointed non-executive director at tech startup Wizme

Former Capita Travel and Events CCO, Trevor Elswood has joined meetings management platform, Wizme as non-executive director.

Frontline communications platform closes $10m Series B extension

Beekeeper, the first communication and operations platform designed specifically for frontline workers – announced a $10m extension on their series B round today. The extension brings the round’s total to $60m.

Businesses call for tech investment as report reveals 1.4m SME jobs at risk

Sage has launched new research revealing 62% of Small and Medium sized Enterprises (SMEs) have made or are planning to make redundancies following the COVID-19 pandemic. This equates to 1.4m jobs at risk if the Government fails to take decisive action now.

Britain’s 18-24 year old’s are the most entrepreneurial creatives post-lockdown

As Sunak prepares to announce £2bn support package to combat youth unemployment, new research has unveiled the extent to which young professionals can contribute to the economy.

Sustainable reward scheme raises 86% of £600k funding target

Bagboard, the creation of former credit trader Ben Ayres, and advertising executive Ashleigh Bishop, are launching a crowdfunding campaign to raise funds for the first sustainable rewards scheme that marries major brand campaigns and environmental impact, with a mission to make sustainable shopping the norm. 

$16.9m awarded to help local entrepreneurs and small businesses

A team of entrepreneurs just awarded $16.9m in Business Scholarships to help local entrepreneurs and small business owners across North America and Europe, and they’re not stopping there.

New features added to Tractive app to help keep pets fit

Tractive, a company which has designed a GPS tracking for cats and dogs, has announced the launch of a new activity monitoring feature, allowing pet owners to ensure that their pets stay fit, as well as safe.

F3 Tech announces third annual accelerator program

F3 Tech, a commercialisation program for early-stage companies, has announced its 2020 F3 Tech Accelerator Program will provide funding and executive support for portfolio companies to expedite commercial sales and prepare them for potential investment or acquisition.

Real estate tech scale up programme to open applications soon

NAEA Propertymark has partnered with REACH UK, a scale up programme, to help its members navigate through the world of technology by selecting the best startups and launching them into the marketplace.

Best of British small biz crowned at 2020 small awards

A host of small businesses from across the country have been crowned winners at this year’s  Small Awards, which celebrates the smallest and greatest firms in the UK, across all sectors.

Benchmark report for startups showing the path to success is in CX

Zendesk has released the Zendesk Startups CX Benchmark Report, documenting how early-stage startups that invest in customer experience (CX) outperform their peers. The data shows that while there is no one-size-fits-all approach, startup success stories have one thing in common: the ability to provide more holistic support to customers from the beginning.

Potential crucial funding for innovative companies as country emerges from crisis

British Patient Capital has commented on the British Business Bank’s Small Business Equity Tracker which reveals UK VCs currently have a record amount of dry powder ready to deploy.

Xero meets with Small Business Minister to call for SME support

The Managing Director of Xero today has argued for a national campaign to help the UK’s 5.9 million small firms bounce back post lockdown.

Kennet raises fifth fund for investment in ‘bootstrapped’ software companies

Kennet Partners Limited (Kennet), a leading European technology growth equity investor focused on bootstrapped and capital efficient companies, has raised $250m (€223m) for its fifth fund, Kennet V in partnership with Edmond de Rothschild. The Fund exceeded its target and secured new investors from across Europe and Asia.

British startups secure place on shortlist for sustainability competition

This year’s shortlist for one of the world’s largest annual competitions in sustainability, Postcode Lotteries Green Challenge, has been officially revealed today. The international top 25 organisations now edge closer to being crowned the overall Postcode Lotteries Green Challenge winner and receiving €500,000.

Tech uses AI to improve motion tracking

Focal Point Positioning (FocalPoint), a UK-based startup has built and showcased software that solves the accuracy problems that plague sports and running wearables.

London startup is bringing together the racket sports community

London-based startup, RacketPal is on a mission to help more than one billion racket sports players and enthusiasts meet their perfect playing partners. The team is excited to announce the successful closing of its first pre-seed funding round worth £150,000.