New research from Tech Nation and Dealroom reveals that investment into UK impact startups increased 9.5x between 2014 and 2019. UK impact startups have raised €1.4bn so far in 2020 with Cleantech and Climate tech companies raising the most capital of all UK impact startups.
New research published by Sage plc and Capital Economics finds that unlocking SME digital investment will be critical in helping small and medium size businesses remain resilient as a wave of local lockdowns trigger ongoing uncertainty – and could also deliver major benefits to the UK economy.
Eagle Genomics, a pioneer in applying network science to biology – particularly linked to the microbiome – has closed $9m in new scale-up funding. It will use the investment to further develop the capabilities of its powerful AI-augmented, knowledge discovery platform and to drive further commercial expansion across Europe and the US.
Allica Bank has seen a surge in demand for new business lending since the national lockdown ended, and has just reached the joint milestone of issuing over £250m of approvals in principle in 2020, and over £100m in committed loan offers since June to established SMEs across the UK.
Spike Global, a UK-based PropTech company, has grown it’s client list by an impressive 120% in the last 9 months, despite market difficulties. Alongside new clients, Spike is also expanding into new developments from existing clients including Wardian London, EcoWorld Ballymore’s residential led development in Canary Wharf.
Private equity firm, Grafton Capital has invested £7m into Third Financial, the fast growing, innovative investment platform and software provider. Grafton Capital’s investment takes it to majority ownership of the business, with £1.5m of fresh capital being injected onto the balance sheet.
What can reduce your risk of major illnesses, such as heart disease, stroke, type 2 diabetes and cancer by up to 50% and lower your risk of early death by up to 30%? It’s free, easy to take, has an immediate effect and you don’t need a GP to get some. The answer? Exercise. So says the NHS website anyways.
As parts of the UK continue to enter regional lockdown and Government incentives to support the economy start to peter out, SMEs across the country have been making the most of well-established Government schemes by claiming £5.1bn in R&D tax relief.
OurCrowd and SALT, a global thought leadership forum and networking platform encompassing finance, technology and geopolitics, will broadcast the SALT Talks: Pandemic Venture Investment Series online starting 29th October.
In April 2020, the UK Office for National Statistics (ONS) revealed that 49.2% of adults in employment were working from home because of social distancing measures introduced following the COVID-19 pandemic. With remote working now a necessity for many, companies can adapt by staying on top of the latest trends. Here, Ashmita Das, CEO of Kolabtree, the freelance platform for scientists, discusses some of the trends in remote working.
BrainBox AI has announced a deal with AMP Capital to deploy its Artificial Intelligence (AI) technology across the global investment management company’s entire managed real estate portfolio. AMP Capital, one of the largest investment managers in APAC, now becomes the first organisation in the world to install an autonomous AI HVAC (heating, ventilation, and air conditioning) system across its managed real estate portfolio, which includes central business district office buildings, retail shopping centres and logistics facilities throughout Australia and New Zealand.
Vantage Health has announced the full-service launch of AI-powered referral platform, Rego. The first eRS compatible solution to be deployed in the NHS, Rego provides automated GP referrals in one efficient system, which reduces the complexity of outpatient pathway guidance and eliminates manual triage processes.
UK businesses have lost over £6.2m to cyber scams over the past year – with a 31% increase in cases during the height of the pandemic (May-June), new research shows.
Focus group research conducted by e-days, the Nottingham-based global absence intelligence company, has revealed that ‘wellbeing’ is the most popular area of investment for HR leaders as we move into 2021.
Comstor, a Cisco distributor and part of Westcon-Comstor, has announced the immediate availability of the recently launched new Cisco Business Dashboard and Cisco Business Switch solutions as part of its Cisco Designed portfolio.
Knowledgehook, the comprehensive mathematics learning platform, has raised £13.5m Series A equity funding, led by a UK-based EdTech investment fund with participation from Mesoamerica’s Alexandria Corp., Nelson Education, Ideal Ventures, and Nicoya Ventures.
British Patient Capital has announced a $35m commitment to The Evolution Technology Fund II. The Fund is expected to achieve a targeted $250m final close in the coming months and is already investing in growing cyber security and enterprise software companies.
There was a bullish attitude amongst attendees at this year’s online version of the Arctic15 startup event that investment in Northern European startups was picking up despite a second wave of COVID-19 across the region.
Bespoke protein and vitamin provider, Personalised Co, has announced the launch of its £300k funding round on Seedrs, to support its rapid growth. Following a successful round in 2019, this latest campaign has already secured over half of its investment target in its early stages.
Startups Magazine recently spoke to Adi Mula and Mohammed Shakil, Founders of Foodhub, a fast growing takeaway delivery app.
