Calculus Capital has successfully exited its investment in employee engagement platform Mo following its acquisition by US HR and workforce technology giant UKG, delivering a 1.8x return for investors.
Category: Get Funded
Liz Kendall unveils record £55bn R&D investment to make Britain a science superpower
Labour’s tech secretary Liz Kendall announces a record £55bn funding package for UK research and development through to 2030 — the biggest long-term investment in science and innovation in British history.
Leon co-founder set to reclaim the chain from Asda for a fraction of its 2021 sale price
John Vincent, co-founder of healthy fast food brand Leon, is in advanced talks to buy the chain back from Asda for as little as £30 million — a sharp discount on the £100 million paid by the Issa brothers in 2021.
PoobahAI raises $2M to mainstream AI-built blockchains
AI and Web3 startup PoobahAI has raised $2 million in seed funding from FourTwoAlpha Ltd, the early Ethereum and Cosmos investor, in a move designed to make AI-powered blockchain creation accessible to anyone, regardless of technical expertise.
Irish racing tycoons sell Barchester Healthcare to US giant Welltower for £5.2bn
Three of Ireland’s best-known businessmen — JP McManus, John Magnier and Dermot Desmond — have sold Barchester Healthcare, the UK’s largest private care home operator, to US real estate giant Welltower in a landmark £5.2 billion deal.
New incubator offers fast-track for entrepreneurs to launch dating apps
Dating industry pioneer Nicky Wake launches a first-of-its-kind incubator to help founders bring niche dating concepts to market within three months
ChatGPT firm hits $500bn valuation in landmark profit shake-up
OpenAI takes on new investor-friendly structure as Microsoft deepens AI partnership
Brainspark Games founder secures triple investment on Dragons’ Den
Brainspark Games founder Reedah El-Saie walked away with backing from three Dragons after her innovative EdTech pitch won over Sara Davies, Deborah Meaden and Touker Suleyman on BBC’s Dragons’ Den.
London Stock Exchange seals £170m deal with 11 global banks to strengthen post-trade operations
London Stock Exchange secures £170m from 11 major banks for its Post Trade Solutions arm, valuing the business at £850m amid strong Q3 results.
Oxford AI startup Astut raises £1.6m to tackle ‘never-before-seen’ business crises with explainable AI
Oxford spinout Astut secures £1.6m seed funding to commercialise AI that helps organisations make decisions in crises with no historical data.
Paygentic raises $2m pre-seed round to build payments infrastructure for the AI-native economy
AI payments startup Paygentic secures $2m pre-seed funding to build flexible billing infrastructure for AI-native and agentic businesses.
Allica Bank acquires fintech Kriya in £1bn SME finance drive
Allica Bank acquires fintech Kriya to expand into embedded finance and deliver £1bn of SME working capital lending by 2028.
Innovate UK unveils £1m Agentic AI Prize to accelerate breakthroughs in manufacturing, health and creative sectors
Innovate UK launches £1m Agentic AI Pioneers Prize to drive innovation across manufacturing, health and creative sectors, with cash awards and expert mentorship.
Larry Ellison Backs Oxford spinout Wild Bio in £45M round
Oxford spinout Wild Bioscience has raised £45 million in a Series A round led by Larry Ellison’s Ellison Institute of Technology to expand its AI-powered crop breeding platform and develop climate-resilient crops for global food security.
Nila raises $2.4 Million to help immigrants care for elderly family across borders
London startup Nila has raised $2.4 million led by LocalGlobe to expand its AI-powered eldercare platform across India and Asia. The service helps immigrants coordinate and pay for trusted caregivers for elderly relatives back home.
