UK startups and competition would be damaged if the government cracks down on mergers and acquisitions involving big tech companies, a new report argues. The report, released at the end of a Government consultation, warns that the plans will chill investment in British tech startups, hurting the UK’s competitiveness and attractiveness as a place for tech startups to do business.
Monolith AI, an Artificial Intelligence Engineering (AIE) software, has announced £8.5m in Series A funding, taking its total capital raised to £10.6m. The round was led by New York-based global private equity and venture capital firm Insight Partners, with existing investors Pentech and Touchstone supporting the round. Also joining the round is the founder of Formula E and Extreme E, Alejandro Agag, Apex Black and the Stanford Angels of the UK.
It’s true what they say, timing is everything. For some businesses, the pandemic will go down in history as one of the biggest challenges to their supply chain management, human resources, and overall bottom line. But many of the businesses that started up during or post-pandemic will note the last 18 months as the foundation of their success.
According to Creative Wellness Co, the global wellness market is valued at over $4.75 trillion. And if we think about the change in attitudes towards personal wellness over the course of the COVID-19 pandemic, it’s no surprise that venture funding for retail health and wellness tech startups set a record in the first quarter of 2021, with $4.2bn invested across 153 deals.
For anyone starting a business there is that delicious and intoxicating mixture of excitement tinged with fear. Both these are driven by stepping into the unknown and doing something new. Doing anything new or different will always present new challenges, and the further outside of your personal experience or comfort zone any new enterprise is, then potentially the larger those challenges will be.














