Scottish technology-led producer of green chemicals, Celtic Renewables, has launched its latest crowdfunding campaign with Crowdcube aiming to raise a minimum of £2.75 million to boost operational capacity and scale revenue growth.
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Alternative investment platform TheCarCrowd target global expansion after £1M deal
Innovative automotive investment platform TheCarCrowd has just completed its two-tranche seed round, securing a total investment of over £1M.
Tiney raises £7.2m to fix the childcare crisis
Tech-enabled childcare startup, tiney.co, set up by the founder of Teach First, has raised a £7.2m ($9m) Series A round led by Mustard Seed Partners and joined by PortfoLion, Sparkmind, and Rubio.
AimHi Earth secures £1 million to transform businesses into sustainable leaders
AimHi Earth, a leading climate and sustainability training provider, has secured £1 million in funding to accelerate its mission to create 100 million nature-first employees.
Abound Secures £800 Million Funding Round with Backing from Sir Tom Hunter
Abound, a British technology-driven lending firm, has successfully raised £800 million in its latest funding round, with support from investors including Scottish billionaire Sir Tom Hunter.
Scale AI Establishes First International HQ in UK
Scale AI, a prominent artificial intelligence company based in San Francisco, has announced its decision to establish its first international headquarters in the UK.
British Driverless Car Start-Up Secures $1 Billion Funding
Wayve, a British driverless car company, has made waves in the tech industry by securing over a billion dollars in funding from tech giants SoftBank, Nvidia, and Microsoft.
Secondhand fashion seller Vinted moves into profit after 61% sales rise
Vinted, the online marketplace for secondhand fashion, has achieved a significant milestone by reporting a remarkable 61% surge in sales, reaching nearly €600 million (£513 million).
Hipgnosis Music Investor Agrees to £1.1bn Takeover by Concord Chorus
The British music royalties investment fund Hipgnosis, known for owning rights to songs by artists like Beyoncé and Neil Young, has accepted a $1.4bn takeover bid from Concord Chorus. This deal, offering shareholders a 32% premium, could signal an end to months of uncertainty surrounding Hipgnosis’s future.
FundOnion targets £1 billion funding goal in bid to close business finance gap
AI-driven business finance comparison site, FundOnion, has announced plans to facilitate over £1 billion in funding to help up to 25,000 SMEs grow over the next four years.
Bloom & Wild’s Losses Soar Amidst Shifting Consumer Trends and Economic Uncertainty
Bloom & Wild faces a challenging financial year as losses exceed £100 million amidst a backdrop of waning consumer confidence and a return to physical shopping. The online florist grapples with changing market dynamics and the aftermath of pandemic-induced surges.
Trump’s Truth Social Faces Investor Exodus as $58M Losses Surface
Shares in Donald Trump’s Truth Social, his venture into social media as a rival to Twitter, plummeted following the revelation of over $58 million in losses last year, intensifying concerns among investors.
Justin King Backs £50m Fund to Invest in Hospitality Firms
A consortium of high-net-worth individuals, spearheaded by Justin King, former chief executive of J Sainsbury, has raised £50 million to pursue acquisitions within the premium restaurant sector.
Trump’s Truth Social Goes Public, Valued at Over $9 Billion
The debut of Donald Trump’s Truth Social took centre stage on Tuesday as the platform’s parent company, Digital World Acquisition, went public, valuing the budding social network at over $9 billion.
ThinCats announces £300m regional fund to support high-growth owner managed businesses
ThinCats, the leading alternative finance provider for mid-sized SMEs, has today announced a new £300 million funding commitment to support the growth ambitions of owner managed businesses across the UK.
