Abound, one of London’s fastest-rising fintech stars, has posted a 25-fold surge in profits as borrowers increasingly turn to its AI-powered loans platform over traditional lenders.
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Hived raises $42m to roll out electric delivery fleet across southern England
Electric parcel delivery startup Hived raises $42 million from Japan-backed investors to expand its fleet beyond London into Bristol, Bath, and Brighton.
Propel Finance secures £1.5bn to boost UK SME lending
Propel Finance has secured £1.5bn in funding from major financial institutions including Barclays, Bank of America and the British Business Bank to expand SME lending across the UK.
Roomix raises £850k to expand family-focused custom furniture platform
Roomix, the UK startup transforming how families furnish their homes, secures £850k to expand its custom furniture offering and nationwide network of artisan makers.
Leading creators Chris Williamson and James Smith raise $3.7M for Neutonic at $20M valuation
Neutonic, the nootropics brand co-founded by James Smith and Chris Williamson, raises $3.7M at a $20M valuation to expand in the UK, US, and beyond.
UK takeover surge hits £74bn in first half of 2025, highest since 2021
Takeover activity in the UK surges to £74bn in H1 2025, driven by private equity and US buyers, amid FCA concerns over market abuse leaks.
Fuel Ventures leads £525k investment in Eventwise to scale event budgeting platform
Event budgeting platform Eventwise raises £525k in funding led by Fuel Ventures to enhance tech, expand operations and support growing client base.
£100m Super League Golf Revolution: Billionaire Founder Taps UAE’s Net Worth Investors
The World Players Super League (WPSL), a pioneering golf league that brings together amateur golfers from around the world to compete in a single, global competition, has generated significant interest from investors.
Winners announced at Isle of Man Innovation Challenge 2025
Four standout teams have been crowned winners of the Isle of Man Innovation Challenge 2025, following a global competition showcasing cutting-edge solutions in cleantech, data and AI, fintech, and sustainability.
Start-up in bid to prove UK leads in space tech with launch of metal-fuelled engine
UK space tech start-up Magdrive is set to launch a metal-fuelled spacecraft engine from California, aiming to prove Britain’s potential as a leader in next-gen satellite propulsion.
Metro Bank takeover approach adds to fears of London Stock Market exodus
Metro Bank has received a takeover approach from Pollen Street Capital, sparking fresh concerns over the number of companies leaving the London Stock Exchange amid rising private equity interest.
EDF buys EV charger firm Pod Point for just £10m – four years after £352m london float
French energy giant EDF has acquired EV charger company Pod Point for just £10 million, down from its £352 million IPO valuation in 2021, after a sharp drop in revenue and continued losses.
Oxford Said alumni win £700k UKRI backing to power Nigeria with clean, off-grid energy
Oxford Saïd Business School alumni secure £700k from UKRI to develop solar and wind hybrid systems for off-grid communities in Nigeria, tackling the world’s largest energy access gap.
UK defence innovation strategy opens new doors for SMEs in AI and autonomous tech
UK defence innovation strategy opens new doors for SMEs in AI and autonomous tech
Starmer pledges £1bn investment to supercharge UK tech and AI infrastructure
Sir Keir Starmer has unveiled a £1 billion investment package aimed at scaling up the UK’s computing power twentyfold, in a major push to solidify Britain’s status as a global technology and artificial intelligence leader.
