If anyone had suggested only a few years ago that it is a realistic proposition to float a psychedelics company on any of the London markets that suggestion would likely have been met with derision. Commentators would have pointed to a lack of understanding and therefore acceptance of psychedelics in the investment community and to potential problems under the Proceeds of Crime Act 2002 (POCA).
constellr, a space data and services company building the world’s first globally scalable crop water monitoring system to help ensure global food security, today announces $10M in seed funding. Lakestar and VSquared co-led the financing round, with participation from early and new supporters FTTF, IQT, Amathaon Capital, Natural Ventures, EIT Food, OHB Venture Capital, Next Humanity, and Seraphim. With this investment, constellr will develop its first two satellites, conclude its existing pilot programs and develop its processing platform.
Darwinium, a pioneering new Customer Protection Platform, has today announced a seed funding round of $10 million USD led by Venture Capitalist firm Blackbird alongside Airtree. The initial funding round, raised to elevate the global launch of the company into the security and fraud sector, will be targeted towards both product and customer expansion. Additional funding was supported by several prominent angel investors including Naval Ravikant and Jeff Fagnan.
Today (2nd November), cloud-based business phone system, CircleLoop, releases the ‘Recession-proof Index’, a new ONS data analysis which finds that businesses launching within the Health industry are likely to have the best chance of surviving the current recession, according to trends uncovered during the 2008 recession.
Morrison Foerster, a leading global law firm, today announced the results of its annual Tech M&A Survey, which reveals dealmakers are cautiously optimistic about 2023 and view 2022 as a year of reset. Through the first three quarters of 2022, tech, media, and telecom (TMT) deals announced worldwide were worth a combined $887.4 billion, which is behind 2021’s historic run but well ahead of 2020 and the years preceding. The new Morrison Foerster survey report, Cutting Edge: Tech M&A Is Powering Deal Markets, in conjunction with Mergermarket, also shows that the top driver for tech M&A deals over the next 12 months will be keeping pace with technological advances, mitigating risk through joint venture and club deals, and addressing concerns around antitrust, ESG, and shareholder activism.
It’s no secret that women have been underrepresented in tech for some time, and this trend shows no sign of slowing. A 2022 EY survey reveals that only 56% of women in fintech feel that their firm is diverse. Some progress has been made in this field, but it’s clear that there’s still a long way to go. EY calls for better support for female founders; more inclusive working environments, and targeted recruitment drives.
With many UK singletons looking to ‘reset’ their relationship and dating lives, amongst a sea of challenging online behaviour, fake profiles, and inauthentic connection, ZiP Video Dating app has launched with a promise of ‘what you see, is what you get’ – via in-app video profiling designed to combat ‘catfishing’, inaccurate imagery and promote inclusivity and safety.
Today marks the launch of new report ‘Making Mental Health Top of the Agenda’. Based on nationwide research commissioned by digital mental health provider SilverCloud, the report reveals the impact that the pandemic and cost of living crisis has had on employees’ mental health in the last six months. Insights from Ben, the automotive industry charity, have been included in the report.
Europe’s largest business show is back for 2022, returning to London’s ExCeL on the 16th & 17th of November! The Business Show is a deep-dive course in how to grow SMEs and Startups, equipping you with all the industry knowledge and tips that are available. The unmissable 44th edition of the show will get you a step closer to success, giving you access to like-minded individuals and limitless networking opportunities. Don’t miss out on the 750 exhibitors, 200 seminars and masterclasses that we have on offer.










