Many start-up owners dream about the day when they get to introduce their business to a North American audience. However, that task can quickly become a nightmare if it’s not managed correctly.
Just one year after being launched on Shopify (2021), Virtue closed a pre-seed round led by SFC Capital, and has also joined the Techstars accelerator.
A first of its kind co-creation challenge will take place in Munich this November, which aims to expose startups to collaboration and strategic partnership opportunities with one of the global leaders in the hygiene and health sector.
The property market for landlords has transformed significantly over the last few years.
There have been changes to property ownership and tenants’ rights in just the last few months, which are likely to affect how residential landlords in particular approach buying and managing a property. Many of these changes began early in 2020 during the onset of the COVID-19 pandemic, and while the initial view was that they were likely to be temporary, some have now been enacted permanently.
Working life has undergone significant changes in recent years. From the introduction of remote working to The Great Resignation, businesses have experienced a lot. Now, we’re experiencing a cost-of-living crisis and there are growing fears of potential recession. It seems we can’t catch a break.
Years ago, as a younger officer who had just joined the Singapore public service, I sat in a classroom listening to a senior civil servant share his philosophy for policy making. “Policy is implementation.” He said, “what’s on paper is only as good as what is actually practiced on the ground.” It sounded like good advice; I scribbled it in my notebook at the time and kept it at the back of my mind.
Aero Technologies, Inc. the next-generation premium air travel company, which serves routes in both the US and Europe, announced a $65M capital raise, $50M in Series B funding and $15M in convertible notes, for a total post-money valuation of $300M.
It’s widely documented that entrepreneurship is fraught with challenges. Even the most seasoned of entrepreneurs have tackled many obstacles over their career. It is the lessons that these challenges provide which set you up for future success. These learning opportunities can be even further enriched by consulting entrepreneurs who have overcome similar hurdles.
German startup company, Voltfang, have come up with an innovative way of bringing reused car batteries to life – by using them as an electricity storage system.
As Miami’s office market continues to witness strong demand and benefit from an influx of new businesses, Mindspace has signed a lease for 435 workstations spread across the entire sixth floor at The Gateway at Wynwood. Mindspace, a global boutique flex office operator, will occupy in excess of 30,000 square feet at the recently completed Class A office building located at the intersection of the iconic Wynwood and Midtown Miami neighborhoods. Mindspace Gateway is scheduled to open in spring 2023.
Seedrs, a private investment platform with over £2BN in investments recorded to date, has launched the Seedrs Venture Partner programme, a new curated community for VCs, accelerators, ecosystem builders and serial entrepreneurs.
Building on its year of hypergrowth, Brite Payments has appointed Jan Plasberg, formerly CTO of SOFORT and VP Engineering at Klarna to its board, highlighting the company’s commitment to technology innovation in support of its upcoming market expansion plans.
8vdX, a technology-enabled category-first venture debt marketplace for startups, has announced that it is expanding its operations in leading international geographies like the United Kingdom (UK), Singapore, and Australia.
Today, more and more companies are embracing new working models and cultures. In particular, remote work has become mainstream, empowering businesses to expand their hiring pool beyond their geography and find talented candidates wherever they are, as well as offering employees the flexibility to choose where to live without needing to be tied to an office.
UK inflation has risen to 10.1% in July, the first time it’s hit double digits in 40 years, according to the ONS – up from 9.4% in June. Driven by rising costs in energy, food, and fuel, this has resulted in a drastic drop in funding and valuations across the startup arena, with a report from Tech Nation revealing that 50% of earlier-stage startups were struggling to scale beyond the seed and pre-seed stages.
The prospect of working as a digital nomad – doing your job from anywhere with an internet connection – is an appealing idea for many UK workers, so much so that Google search volumes for ‘becoming a digital nomad’ have doubled over the last year.
EdTech startup Microverse, an online school for remote software developers where students around the world pay nothing until they land a life-changing job, has doubled its valuation with an extension of $4M to its Series A round.
A significant amount of the new unicorns added last year came from the web3 market. This is in line with the overall trend of growth in the cryptocurrency industry and the rise in popularity of decentralised applications (dApps).
The Royal Academy of Engineering’s Enterprise Hub has published a new Entrepreneur’s Handbook to support founders of spinout companies.
This is the second of a two-part series we at Colorintech have put together on the topic of “What Early-Stage VCs Think About Traction”.
