In a move reflecting mounting concerns about disinformation and cyber threats, UK-based venture capital firms Fuel Ventures and Oxford Capital have co-led a $1 million pre-seed funding round in Egregious.
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Trump presidency could divert $33 billion in Chinese investment to UK, claims VC firm
UK venture capital firm Fuel Ventures predicts $33bn in Chinese investment could shift to the UK under Donald Trump’s second presidency, boosting Britain’s tech sector.
Seed capital fund opens for third year to boost the UK’s colouration industry
Discover The Dyers’ Company Seed Capital Investment Fund offering up to £25k for UK entrepreneurs in colour science, textile dyeing, food tech and more. Apply by 5th March 2025 for the third-year initiative driving the future of colouration innovation.
New tax checks on side hustles like eBay and Vinted risk confusion over different reporting periods
HMRC is set to receive income details from online platforms like eBay and Vinted, but tax experts warn that mismatched reporting periods could catch UK sellers off guard.
Dragons’ Den star Sara Davies retakes Crafter’s Companion reins amid pre-pack rescue
Sara Davies, Dragons’ Den entrepreneur, returns as CEO of Crafter’s Companion through a pre-pack insolvency deal, aiming to save 100 jobs and refocus on core paper crafts.
Emma Watson’s gin brand nets £5m as Renais plots global expansion
Renais, the premium gin brand co-founded by actress Emma Watson, has raised £5m to expand into new markets including Dubai, Canada and the US, backed by InvestBev and Maison Villevert.
Robok secures £1m in UKRI funding to revolutionise AI safety in UK ports and warehouses
AI spinout RoboK has secured £1m in UKRI funding to lead the PALLETS project, transforming safety and efficiency in UK ports and warehouses through AI-powered real-time hazard detection.
Tide gears up for new share sale as it eyes global growth
Tide, the UK-based SME-focused banking platform, is preparing a share sale exceeding £50m as it expands globally. Discover details on its talks with major banks, its fast-growing user base, and planned launches abroad.
Brompton’s profit plunges to less than the price of a single high-end bike
Brompton Bicycle’s profit before tax plunges below the cost of its top-end folding bike amid a 5% dip in sales, rising costs, and industry-wide challenges. Learn how the British bike maker is responding with premium models and expansion plans.
Fuel Ventures secures £20m Chinese investment round, strengthening UK-China tech ties
Fuel Ventures announces a £20m investment from leading Chinese funds, forging deeper UK-China tech collaborations. Founder Mark Pearson highlights the venture fund’s strategic role in bridging Western and Eastern startup ecosystems.
London’s leading electric taxi firm secures £1.6m asset refinance to drive ambitious expansion
Sherbet Electric Taxi Company has secured a £1.6m asset refinance deal to triple its operations, expand its eco-friendly fleet and open a new community hub in Camden, supporting London’s drive towards zero-emission transport.
Revolut’s earliest crowdfunders set to pocket life-changing returns
Early Revolut crowdfunders stand to turn a £2,300 investment into nearly £1m as the fintech giant’s valuation surges. A limited share sale offers a rare opportunity for small backers to cash in on Europe’s rising fintech star.
Stormzy invests in Padel Social Club as padel’s popularity surges across the UK
Music star Stormzy joins Padel Social Club as an investor, backing the UK’s booming padel scene. PSC’s upcoming expansions at The O2 and Wandsworth promise premium courts, top-notch dining, and a thriving community.
Tangle Teezer, once rejected on Dragons’ Den, sold for €200m to Bic
Tangle Teezer, the British hairbrush company famously rejected by Dragons’ Den panellists seventeen years ago, has been acquired by French consumer goods giant Bic in a deal worth €200 million.
DBT gives £230k injection to drive digital transformation among north west SME manufacturers
SME manufacturers in the north west of England will benefit from an additional £230,000 in funding to accelerate the adoption of advanced digital technologies and strengthen their competitiveness.
