Fintech startup monva exceeds crowdfunding target

North Wales fintech startup, monva has announced it has exceeded its initial crowdfunding target of £250,000, as it enters a period of overfunding across the next two weeks.

Raising VC funding in lockdown (and beyond)

With most countries in some form of lockdown to slow the spread of CoVid-19, the business landscape for both startups and investors is almost unrecognisable to the start of 2020.

Commission for economic renewal launched by Institute of Economic Development

The Institute of Economic Development (IED) has today launched the Commission for Economic Renewal, which will bring together some of the UK’s foremost economic development practitioners and academics to formulate the policies and interventions it believes will be needed to rebuild economies in the wake of the coronavirus pandemic. 

The four critical things within the organisations

Leadership is required more than ever in this COVID-19 world and according to Gallup and their extensive surveying of the US workforce, a very specific type of Leadership is required in times of crisis.

Future Fund – The complete guide

The UK government has taken a number of steps to support businesses and entrepreneurs during the Coronavirus pandemic. One of its flagship schemes is the Future Fund, a £250m package that provides a financial lifeline for innovative startups.

Top tips for female entrepreneurs

Grenade is one of the UK’s leading healthy snacking FMCG brands, offering high protein and low sugar nutrition products. Officially launched in 2010, Grenade successfully secured a prominent position in the Sunday Times’ Fast Track Top 100 for four consecutive years, with its products now sold by leading retailers in over 80 countries worldwide. Here we talk through  defining moments in developing Grenade, whilst providing top tips for female entrepreneurs inspired to launch and grow their own business.

It was the worst of times, it was the best of times
This article is part 2 of 3 in the series Innovation Insights

Covid has dominated our lives for the last month. Business models that have existed for years have disappeared overnight. However, it’s not all doom and gloom for startups. Covid has also created a huge opportunity for us to serve people in new and surprising ways. 

Startups urged to check technology security during lockdown

Small and medium sized businesses (SMEs) should check the security and data protection of the technology they are using during COVID-19 lockdown, urges the MCA. Although there has been a rapid adoption of technology by firms, some have not been able to assess security quickly enough, risking exposure of confidential data and client information. The MCA has created a free checklist for SMEs to ensure that they ask the right questions about technology and how staff could use it before it is purchased.

Bot-Hive successfully completesfundraising round

Bot-Hive, a digital marketplace for robotics and AI solutions has successfully completed a six-figure equity funding round. Bot-Hive is a digital marketplace which connects SMEs with the right automation technology for their business and shows them the best way to introduce robots to their workflow processes.

Is the UK’s startup ecosystem under threat?

It is certainly a testing time for the UK’s startup ecosystem. No sooner had small businesses put in place contingency plans to get them through Brexit, when a new, and bigger, challenge arose in the form of the novel coronavirus, or COVID-19.

$150m of new capital announced for venture investments

Provider of technology solutions for merchants, banks and capital markets firms, FIS has announced that FIS Ventures, the newly created corporate venture investment division of FIS, has launched an effort to invest a target of $150m in promising fintech startups over the next three years.

Hub71 Backs healthtech and edtech startups

Hub71, Abu Dhabi’s growing tech ecosystem, has expanded to 51 startups with the announcement of 15 new joiners to the Hub71 Incentive Program. The Hub71 Selection Committee prioritized global startups in the field of HealthTech and EdTech, which provide essential technologies to support the private and public sector as they adapt to the challenges of the COVID-19 pandemic.

Helping UK startups recruit through COVID-19 crisis

Founded in early 2019, Funded.club provides recruiting services for startups and scale-ups. Rather than charging based on a percentage of annual salary, Funded.club receives only low success fees that come in 70-80% less than a regular recruiting agency, irrespective of the salary offered or how long it takes to fill a position.

How to build trust and loyalty through design

Does design really impact how your brand is perceived? We break down how this ‘hidden’ visual language of design can be used to influence in branding.

UK tech startup confidence slumps as COVID-19 takes its toll

Confidence levels among UK tech startups have dropped significantly over the past three months as the fallout from the coronavirus pandemic takes hold, Studio Graphene’s latest Tech Tracker survey reveals, as Studio Graphene has published the results of its Q1 2020 Tech Tracker survey.

Cutting the noise and focusing on you

Right now we are in uncharted territory. COVID-19 is here, we don’t know how long for, and it is affecting so many people in so many different ways. Everyone is feeling different things and everyone has different circumstances. You are not others, others are not you.

“Can I raise finance during the coronavirus pandemic?”
This article is part 17 of 26 in the series Overheard at a startup...

Money most certainly does not buy happiness, but it does make the world go round. And the lack of money can lead to hardship in many ways. A question that I keep overhearing recently is about whether it is still possible to raise finance during the coronavirus pandemic. The simple answer is yes… maybe!

The why – understanding innovation motivation

The first step in an energy company collaborating with a startup is to ask itself a simple question: why? In part one of this series, we answered that from a wide-angle perspective – because the industry needs to innovate to keep up with the pace of change, and collaboration with startups appears the quickest, surest way to do so. Because the old model of fiercely guarded, siloed research has reached its limit.

Healthcare that works for all

Cievert was founded in 2011 by former NHS therapeutic radiographer, Chris Kennelly, who began his mission to make routine healthcare a thing of the past.

Codota raises funds for AI-driven software development

Codota, an AI software for developers, acquired its competitor TabNine last year. The company has also announced the global launch of its complete version for JavaScript, merging Codota’s semantic technology with TabNine’s textual one for suitable accuracy for developers.