French deeptech firm Cailabs has raised €57m, led by the EIB, to scale production of optical ground stations, expand globally, and advance sovereign space communications.
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Vanquish Fitness secures £1m NatWest funding to fuel global growth
Tottenham-based Vanquish Fitness has secured a £1m trade loan from NatWest, guaranteed by UK Export Finance, to expand its athleisure business and scale in the US market.
Nothing secures $200m Series C to build AI-native hardware platform
London tech startup Nothing has raised $200m at a $1.3bn valuation to expand into AI-native devices, backed by Tiger Global, GV and Qualcomm.
AI startup Nory raises $37m to help restaurants cut costs and boost profits
Hospitality tech startup Nory has secured $37m in Series B funding to expand its AI-native platform for restaurants. Backed by Kinnevik and Accel, Nory claims to cut operating costs by 20% and boost net profits by up to 50%.
Jamie Redknapp teams up with M&C Saatchi to launch new football talent agency
Former Premier League star Jamie Redknapp has partnered with M&C Saatchi Talent and sports lawyer Udo Onwere to launch M+C Saatchi Football, a new agency redefining player representation beyond the pitch.
Fintech startup Chest launches app turning everyday spending into pension savings for Gen Z and millennials
New fintech startup Chest helps Gen Z and millennials turn cashback from everyday spending into pension savings as anxiety over retirement grows.
Jam 7 secures seed investment to scale Agentic Marketing Platform for B2B growth
AI-driven marketing startup Jam 7 secures seed funding led by Stephen Altman to expand its Agentic Marketing Platform™, boosting scale and ROI for B2B tech brands.
Strava Group expands Domino’s portfolio with NatWest-backed acquisition of 14 stores
Strava Group secures seven-figure funding from NatWest to acquire 14 Domino’s Pizza stores in Scotland, bringing its total portfolio to more than 40 as it targets 75 outlets.
Smart glasses and AI apps backed to transform mental health care in the UK
Seventeen projects share £3.6m funding to deliver AI-powered smart glasses, filter apps and XR therapies, supporting NHS mental health services nationwide.
Vimeo accepts $1.38bn takeover bid
Vimeo agrees to be acquired by Bending Spoons for $1.38bn, taking the video platform private with ambitious investment plans in the US and global markets.
Touker Suleyman joins race to rescue Claire’s UK as Modella and HMV owner circle
Dragons’ Den investor Touker Suleyman is a leading contender to buy Claire’s UK out of administration, alongside Modella Capital and HMV owner Doug Putman. Interpath is running the sale.
Companies backed by Sunak’s Future Fund more likely to have failed, report finds
Audit finds Future Fund-backed start-ups more likely to collapse than peers. Was Rishi Sunak’s £1.1bn pandemic scheme value for money?
Hyble secures $2m Virgin Money funding to drive AI-powered platform and U.S. growth
MarTech scale-up Hyble has raised $2m in venture debt financing from Virgin Money to launch its AI-driven Hyble 2.0 platform and expand further into the U.S. beverage market.
British Business Bank backs NRG Therapeutics with £8m investment in £50m Series B round
The British Business Bank has invested £8m into neuroscience company NRG Therapeutics as part of a £50m Series B raise, supporting the development of novel treatments for ALS/MND and Parkinson’s.
Sherbet secures record £40m investment to expand electric London black cab fleet
Sherbet, the UK’s leading electric black taxi company, has raised up to £40m in the largest-ever investment in London’s licensed taxi trade, aiming to scale its fleet from 550 to 3,000 electric cabs and expand internationally.
