Bernie Ecclestone’s 69 rare F1 cars, valued at an estimated £500 million, have been purchased by Mark Mateschitz, heir to Red Bull’s fortune, in what experts call the largest classic car deal ever seen.
Category: Get Funded
Lenkie raises £49m to expand transaction-focused SME financing in the UK
Cashflow management platform Lenkie has announced £49 million in fresh Series A funding—comprising £4 million in equity and a £45 million debt facility—to boost its payables financing solution for UK SMEs.
Seedable Studio Secures £100,000 Investment to Drive Innovation in Sustainable Software Development
Seedable Studio, a Cardiff-based digital solutions company, has officially launched with £100,000 in seed funding from investors David Jones (the originator of Grand Theft Auto) and Stuart Little, a net-zero entrepreneur.
Gary Lineker’s podcast empire achieves £1.4m profit surge
Goalhanger Podcasts, created by Gary Lineker, reports £1.4m profit in new accounts, powered by top-rated shows like The Rest Is Football and The Rest Is Politics.
Sky Zero Footprint Fund returns in 2025 with bigger prizes to supercharge sustainability
Sky Media brings back the Sky Zero Footprint Fund in 2025 with £2 million in advertising support for sustainable initiatives, offering three new categories and a total of £8 million pledged to date. Submissions open in early March.
Bybit suffers £1.1bn crypto heist in largest alleged theft on record
Dubai-based crypto exchange Bybit says hackers stole $1.5bn worth of Ethereum in a theft surpassing all previous records.
Carney’s Brookfield acquires National Grid renewables in £1.3bn net zero push
Brookfield, chaired by Mark Carney, buys National Grid’s renewables division for £1.3bn as the former Bank of England governor pushes his net zero agenda while bidding to become Canada’s next prime minister.
Just Eat snapped up at a fraction of its pandemic peak as appetite for takeaways wanes
Just Eat is to be acquired for €4.1bn by investment giant Prosus, a fraction of its pandemic-era value.
British Business Investments backs Twin Path Ventures with £10m AI fund to power UK tech growth
Twin Path Ventures secures a £10m commitment from British Business Investments to supercharge UK AI start-ups.
Mira Murati, OpenAI’s former CTO, launches new ai start-up with ex-ChatGPT colleagues
OpenAI’s ex-CTO Mira Murati unveils Thinking Machines Lab, recruiting ex-colleagues from ChatGPT’s creator. The new AI start-up pledges open research and user-centric customisation, setting its sights on bridging key gaps in machine learning.
Folding bike pioneer Flit raises £1.2m to challenge Brompton’s dominance
Cambridge-based Flit secures £1.2m to boost production of its innovative folding electric bikes, challenging Brompton by pioneering a lighter, non-welded frame design.
Dyslexic founder secures Branson’s backing with ‘Elevator of Dreams’ pitch
Dyslexic entrepreneur Hugh Johnston clinches Sir Richard Branson’s support after pitching his Tyypo app in Virgin’s ‘Elevator of Dreams’, igniting a surge in sign-ups and spotlighting the future of dyslexia-focused tech.
Investors pull back from UK as economic gloom deepens
Britain is now the least favoured market among global fund managers, says Bank of America, as slow growth and stubborn inflation deter investment.
Fuel Ventures backs PlanningHub’s AI-powered solution to modernise UK property planning
Fuel Ventures has co-led a £300k investment in PlanningHub, an AI-powered platform streamlining property planning, reducing risks, and supporting local authorities. The innovative PropTech solution could save the UK economy £1.2bn annually.
Impossibrew raises £1.57M in record-breaking crowdfunding round as demand for alcohol-free beer surges
London-based startup IMPOSSIBREW has raised £1.57m—315% over its target—on Crowdcube to expand its Social Blend™ technology and nationwide reach.
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