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.
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.
iDenfy, the tech startup that provides identity verification and fraud prevention solutions, has announced its partnership with Payset, a global payment platform that offers multi-currency accounts, prepaid cards, and currency exchange services. For Payset, collaborating with iDenfy will ensure a frictionless, four-step identity verification journey.
Business owners have to juggle day-to-day operations, finances, marketing, managing a team, legal requirements, and much more. But the harsh reality is that, overnight, their efforts can all be made irrelevant.
HiBob, the company behind Bob, the HR platform transforming how organisations operate in the modern world of work, has announced it has raised an additional $150m in growth funding, just ten months after raising a $150m Series C in October 2021.
On October 11th, Prague will host the continental Startup Champions League finals and the sixth edition of the Startup World Cup. This grand finale of the EU Startup League is happening during the Disraptors Summit (formerly Startup World Cup & Summit).
ProcurementTech Startup, Matchory, has raised €1.6m in a seed funding round led by Earlybird Venture Capital’s UNI-X team, alongside angel investors from industry and procurement.
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”.
At Colorintech, we work to support underrepresented people to get into tech and be successful in tech. One of the ways we do that is by supporting underrepresented tech founders by running an annual accelerator programme, but following four editions of this, we wanted to challenge ourselves to think about how we can evolve the model of founder support.
