Just Eat is to be acquired for €4.1bn by investment giant Prosus, a fraction of its pandemic-era value.
Category: Get Funded
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.
Deepmind scientist raises $50m to use AI in protein design revolution
Former DeepMind scientist Simon Kohl has raised $50 million for Latent Labs, a London-based AI startup aiming to transform drug discovery by designing proteins with generative AI.
Durham medical supplier clinches multi-million pound funding boost
Durham-based Forma-Care secures a transformative multi-million pound funding package with Leonard Curtis’s support, bolstering growth, product innovation, and supply chains.
Ex-fortnum chief Venters fashions new role at Paul Smith
Ewan Venters, ex-Fortnum & Mason CEO and recent Hauser & Wirth boss, joins Paul Smith Ltd as a non-executive director.
Lancaster University spinout wins major backing to revolutionise healthcare diagnostics
Lancaster University spinout CCI Photonics secures new funding to advance its AI-powered InfectiScan device, cutting infection diagnosis from days to minutes and tackling antibiotic resistance head-on.
A third of UK SMEs back R&D for growth in 2025
Discover why one in three uk smes are investing in research and development to drive innovation, overcome economic challenges, and fuel sustainable growth.
Personalised plate boom: drivers and investors snap up unique registrations
Personalised number plate sales have surged, more than doubling in a decade. discover how drivers and collectors are turning them into profitable investments.
Innovate UK pauses flagship grants scheme for SMEs amid major review
Innovate UK temporarily halts its £25m Smart Grants scheme for SMEs as oversubscription, low success rates, and a new focus on scalable businesses prompted a major review, with changes set to roll out before summer.
