Scottish tech firm Waracle has inked a multi-million-pound deal with SP Energy Networks to enhance digital customer experiences, supporting the UK’s energy transition and creating jobs in Scotland.
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Revolut employees to benefit from £390m windfall as fintech giant’s valuation hits £35bn
Revolut staff set to cash in on rapid growth, as share sale boosts company’s value to £35bn following UK banking licence approval
Boris Johnson in talks over potential telegraph role as Zahawi consortium advances in auction
Boris Johnson is in informal talks with Nadhim Zahawi about a potential role at The Telegraph as Zahawi’s consortium progresses to the second round of the auction to buy the newspaper.
Gaussion secures £9.5 million to revolutionise electric vehicle battery charging
London-based Gaussion raises £9.5 million to advance its pioneering battery charging technology, backed by Autotech Ventures, BGF, and UCL Technology Fund.
Investment app Gather collapses after failing to repay government loan
Gather, an investment app backed by Arsenal footballer Jorginho, enters administration after failing to repay a £3.2 million loan from the government’s Future Fund, leaving taxpayers facing significant losses.
Phinxt Robotics secures £2M funding to scale robotics automation with innovative edge AI platform
PHINXT Robotics, an AI-driven robotics software company, has secured £2 million in an oversubscribed funding round to advance its innovative edge AI platform that simplifies and scales robotics automation in warehouses.
Evolve Business Group secures multi-million-pound BGF investment to drive ambitious growth
Evolve Business Group, a Wigan-based specialist in managed network and IT solutions, has received a multi-million-pound investment from BGF, a leading growth capital investor in the UK and Ireland.
£1m boost for Cambridge spin-out behind solar panel innovation
GraphEnergyTech, a Cambridge spin-out pioneering alternative electrodes for solar panels, has secured £1 million in funding from an investment round led by Aramco Ventures, the venture capital arm of Saudi Aramco.
AI firm Board Intelligence secures major US private investor in equity deal
Board Intelligence, a leading AI-driven firm enhancing boardroom performance, has sold a majority stake to Californian private equity house K1, valuing the London-based business at up to $300 million (£230 million).
Britain’s battery industry could spark revival with local LFP production
Britain’s battery industry, once in decline, could see a resurgence with the introduction of locally produced lithium iron phosphate (LFP), a critical component in electric vehicle (EV) batteries.
Guild Esports, backed by David Beckham, faces financial crisis after burning through £26.6M
Guild Esports, supported by David Beckham, faces financial turmoil with shares plummeting and only £25,000 left in the bank. Explore the challenges and potential strategic shifts for the struggling esports group.
Government scheme boosts UK chip start-ups with £10 million funding injection
The UK government’s ChipStart programme has enabled semiconductor start-ups to raise over £10 million, supporting innovations in AI and healthcare technologies, and driving economic growth.
Lovetovisit secures £3.2m funding to bolster UK tourism industry
Lovetovisit raises £3.2m to enhance UK tourism. Cardiff-based platform simplifies booking local attractions, expands AI capabilities, and plans international growth.
Streamkap Raises $3.3M to Bring Real-Time Data at a Fraction of the Cost to Businesses
Streamkap, a real-time data streaming provider, has secured $3.3 million in seed and pre-seed funding led by InReach Ventures, with participation from TEN13, Haatch Ventures and Begin Capital.
Shot Scope raises $8.5m in funding to bring golf improvement to 60 million golfers worldwide
Golf technology firm, Shot Scope, has raised $8.5m in a Series B funding round led by Guinness Ventures which invested $4m.
