British Patient Capital has announced its participation in Quantexa’s series C funding round as Quantexa announces the close of the round at $64.7m (£51.2m).

Online toolkit for surviving modern alcohol-free society, One Year No Beer, has launched a £1.4m funding round on Seedrs. Already attracting £1.1m investment in the private stages of the round, One Year No Beer now opens its campaign to the wider public. The funding will be used to further develop the technology infrastructure of the business, allowing them to scale their lifestyle support system which facilitates sustained behavioural changes, through the power of community and connection.

It’s a tough time for all businesses, but Manchester once again proves to be a hotspot for emerging new talent. Ambitious startup, The Shirt Society, has secured a substantial six figure investment from one of the city’s top tech investors: Scott Fletcher MBE.

Growing fears of a no-deal Brexit will prompt an increasing number of British and international investors to move their financial assets overseas out of the UK, believes the CEO of a large independent financial advisory and fintech organisations.

Four in ten (39%) small business owners believe it will take at least five years for the UK economy to fully recover from the impact of lockdown and COVID-19, according to a new poll.

Physical-digital payment platform, Thyngs has evolved its touch-free technology to deliver an instant order, pay and marketing solution that will help the retail and hospitality sector welcome customers back safely, and tackle the estimated £4bn loss expected across Europe, as a direct result of the global pandemic.

Emerging from several years of academic research, BeFC is the inventor of bioenzymatic fuel cells based on papers and enzymes. The fuel cells offered by BeFC are naturally part of the renewable energy sector and have a low environmental impact.

Aberdeenshire startup company, Legasea, has been nominated in the Great British Entrepreneur Awards, in the category of Disruptor of the Year.

Starting a company and being a founder is stressful - especially in the current COVID-19 environment. Last year, 19% of all European founders said starting a company had a negative impact on their wellbeing, and a global pandemic will not bring that number down. However, mental health issues are not widely discussed in the startup ecosystem and beyond.

‘Homepreneurs’ are emerging across Britain during lockdown, as time at home and changing employment conditions have encouraged many to consider new opportunities and think creatively about the future.

Capita plc (‘Capita’) today announces the launch of Retain Cloud, a software-as-a-service workforce planning and management solution, for small and medium-sized (SME) companies.

The Dutch Fintech that already checks over 90% of Dutch payments with the IBAN-Name Check, SurePay, has announced the successful implementation of its UK Confirmation of Payee solution. NatWest Group chose SurePay as a vendor and partner to implement Confirmation of Payee. The service is already checking 25% of UK online Payments.

UK software company TAAP is helping companies small, medium and large businesses get up and running post lockdown with the TAAP Visitor Book app.  

Remote, a self-serve platform for global employment, announced that GitLab will use Remote to employ the best talent in the world with full local legal compliance.

International Supply Chain (ISC) platform transforming the global supply chain by connecting global supply with global demand, Mercado Labs has closed a $2.5m funding round led by Ironspring Ventures and joined by new investor Supply Chain Ventures.

Many businesses in the UK are both getting paid - and paying - later, with the COVID-19 pandemic causing a surge in late payments. According to the latest independent research from Close Brothers Asset Finance, three in five UK SMEs have experienced delays in receiving payments, while a significant number of business owners have admitted to being forced into delaying paying invoices.

A new index by Business Fibre has analysed 34 of the world’s Organisation for Economic Co-operation and Development (OECD) capital cities to find 2020’s best cities to be a tech student. The index has analysed each city according to metrics such as the number of universities offering technology and engineering courses, total tech companies and employees in each city, the monthly living cost and the top cities investing in tech-related research. An infographic is available here.

In light of the business loan scheme statistics out today, Stephen Kelly, Chair of Tech Nation has shared his thoughts.

New research from Santander UK reveals that a third (32%) of the UK’s SMEs who implemented changes plan to make their COVID-19 adaptations a permanent feature post-pandemic as almost half found they not only survived, but actually grew their customer base during COVID-19. The study – which polled 2,050 senior leaders in UK SMEs – suggests that the pandemic has driven long-term change to the way businesses operate.