As Londoners start to return to work this month, First Office Hub, the global workspace broker, shares emerging trends from across the Capital in the office property market.
Even the most optimistic founders and executives at high growth companies aren’t immune to the challenges of fundraising. According to PWC, European IPOs have been ‘heavily impacted’ in the first half of 2020, with just 28 deals compared to 53 at the same stage in 2019.
HumanForest, London’s only free, shared electric bike, has raised £1.8m from leaders of the mobility sector, including founders of the first profitable ride sharing App, Cabify.
UK-based quantum photonics startup, AegiQ has announced that it has secured a total of £1.4m in funding from Innovate UK to develop secure quantum communications for fibre-optic and satellite based applications. AegiQ will join a global pilot project to provide scalable, high performing semiconductor technology for next generation telecoms.
London is the leading EdTech hub in Europe according to new research published by London & Partners and Dealroom, to coincide with London Tech Week 2020.
Bristol-based tech startup, Geollect is one of ten companies chosen to take part in a special mentoring programme being run by the UK’s intelligence, security and cyber agency.
Aviation specific document management system, Web Manuals is launching a freemium package for aviation startups, to boost innovation as the industry emerges from the COVID-19 crisis.
Tech Nation has announced the 30 scaleups that have been selected to join the new Net Zero programme. Announced in Alok Sharma’s speech today at London Tech Week, the companies come from across the UK and across a range of sectors including construction, agriculture, and energy.
Arguably one of the most difficult industries for a startup to break into is health tech, but often it is new ideas and solutions in the medical sector that end up being the most revolutionary.
Founders typically establish a business with one of two game plans in mind. They either want a lifestyle business and one that fits their work life balance, or they want to build a business and grow it with the ultimate goal of building something of value that they can exit when the time is right for them. For any founder seeking to raise finance for their company, or to sell it, whether a lifestyle one or one with more ambitious plans, there will always be the need for a valuation.
The return to the office has sparked some interesting debate. Our own research has found that individuals are more concerned about their work-life balance and having to commute than the impact of COVID-19 to their health. And similar themes have been explored around the attitudes of staff in different countries and why the UK is lagging with a proposed return compared to European counterparts.
RedArc is urging smaller employers to be on high alert for mental health issues amongst their staff as the government begins to encourage a wider return to the workplace. RedArc believes the more intimate nature of a small business means that management and colleagues may be better able to spot a member of staff who is struggling with mental health issues than is sometimes possible in a larger, more anonymous, place of work.
Fintech business lender, MarketFinance has secured an additional £50m from one of Israel’s largest asset managers, Viola Credit, to lend to UK SMEs under the HM Treasury and British Business Bank CBILS initiative. The announcement comes as MarketFinance launches a ‘unified application’ process in which SMEs will, through one application, be presented with a variety of finance options and be able to select those best suited to their needs.
The German software startup, DGG, has secured a total of €760K in the seed funding round to support the development and worldwide adoption of its 3D optimisation tool, RapidCompact. The investment was led by 3VC Partners, Fraunhofer Tech Transfer Fund (FTTF), Singapore-based Sobel Rand Pte Ltd, and Charlie Songhurst, former Head of Strategy at Microsoft.
Indorse, the platform focused on building, growing, and sustaining high performance software engineering teams (built on blockchain technology) is formally announcing its Hackathon tackling challenges posed by COVID-19 – winners receive $40,000 for their innovations.
Aberdeenshire startup company, Legasea, has now been nominated for three business awards in quick succession.
Birmingham Tech Week is set to return digitally this year, from 12th-16th October, offering a series of inspirational and thought-provoking events championing new technologies and modern business strategies for a changing world.
Fintech startup, Fluidly has added end-to-end funding tools to its cashflow management solution, offering pre-qualified funding options to millions of businesses within minutes.
Ten British green tech private companies with significant potential to help protect the environment are revealed in the Sunday Times BGF 10 Green Tech to Watch, researched by Fast Track.
Vertical farming, the practice of growing crops indoors under tightly controlled conditions, is continuing to expand rapidly. By using LED lighting tailored to the exact needs of the crop, alongside advanced hydroponic growing systems, and growing crops in vertically stacked trays, vertical farms can achieve yields hundreds of times higher than the same area of traditional farmland.
