Sustainable parenting platform, YoungPlanet, has seen a 235% increase in app sign-ups during the first five months of 2022, compared to the same timeframe in 2021. The app is used by families across the UK to give and receive pre-used children’s items for free; helping parents to prevent unnecessary landfill waste.
May 2022: The key to increasing investment in more female-founded companies is by increasing the representation of female VCs, suggests VC-backed, female-founded retail technology app Slip. Although less than 20% of investors in Slip are female, Co-founder and CEO Tash Grossman believes that increased female investor representation would support the growth of more female-founded businesses.
Carbon offsetting is a fairly fresh market, which is yet to implement a solid regulatory framework. As a result, practices are being scrutinized, while irregularities are criticized. Despite more companies joining this market with the goal of bringing innovation and transparency, many still question the market’s credibility, which has spurred a number of misconceptions.
Duolingo has taken the online world by storm with its bold, hilarious marketing on TikTok, racking up an impressive 4.3 million followers. However, it doesn’t stop there. It can teach tech startups a lot, from the importance of gamification to ensuring product engagement. Duolingo is a free language learning website and mobile app allowing users to practice vocabulary, grammar and pronunciation using spaced repletion for 39 different languages. Here, Startups Magazine hears from CEO of AdamFard UX Studio, Adam Fard, discussing the key takeaways from Duolingo for tech companies.
HMRC figures show London-based companies once again securing a major share of R&D (research and development) tax relief with over £2.3bn paid out in 2019-20. Other strong performing areas include the West Midlands, Cambridgeshire, Oxfordshire, and Surrey where businesses collectively secured almost £1.3bn in tax relief for innovation-focused investment.














