London-based events startup Pollen has entered administration after failing to find a buyer. The collapse of Pollen comes just months after it raised $150m (£124) in funding.
Category: Get Funded
Half of UK tech firms need greater support to scale, says report
Half of the UK’s technology companies are lacking in the support necessary to scale the business, according to a new report today.
EV charging app Zap-Map powers up for international expansion with £9m raise
Electric vehicle charging app Zap-Map has secured £9m in Series A funding to grow its development team and fund international growth.
Lord Hammond to join £1bn Fintech Growth Fund
Former Chancellor Lord Philip Hammond has been appointed to the advisory board of the provisionally named Fintech Growth fund, a £1bn venture to invest in financial technology startups, according to reports.
Electric car subscription service Onto raises £50m
London-based Onto has raised $60m (£49.9m) in a Series C equity funding round for its electric vehicle (EV) subscription service.
Government offers funding of up to £25m for 5G and 6G tech
The UK government is offering investments of up to £25m to fund research and development into 5G and future 6G network equipment.
Treasury confirms commitment to NFT despite crypto winter
The Treasury has confirmed it remains committed to creating a government-backed non-fungible token (NFT) in order to fuel an influx of crypto-based business to the UK.
Spotify snaps up Wordle spin-off Heardle in interactive push
Streaming giant Spotify has snapped up daily music game Heardle as the firm builds out its interactive offerings to keep music lovers listening.
British Business Investments commits £20m to TDC’s Impact Fund
British Business Investments has announced a cornerstone commitment of £20 million to Tosca Debt Capital’s (TDC) Impact Fund.
ID-Pal secures £6M in Series A funding round as it continues to scale at pace
ID-Pal, the global identity verification provider, today announced a £6 million Series A funding round to further fuel expansion into international markets.
Former Booking.com CEO Kees Koolen backs Holidu in £32M investment round
Holidu, the German search engine for holiday rentals is one of the world’s fastest-growing travel tech startups.
UK government’s innovation agency backs ‘slow’ travel company with £1.1M funding
As the world tried to stem the spread of the Covid-19 virus and contain the outbreak, tourism slowly came to a halt.
Development Bank of Wales announces £33 million for greener housing
Residential developers who meet green standards can now access a new Green Homes Incentive that will help deliver more thermally efficient and lower carbon homes in Wales.
Stripe and LinkedIn founders back $158m entrepreneur fund
The founders of LinkedIn and payments giant Stripe are among a group of heavyweight tech entrepreneurs to back a $158m funding round for scale-up investor Entrepreneur First, the firm revealed today.
Borrow A Boat, the ‘Airbnb’ of boats, smashes crowdfund, raising over £3million
Borrow A Boat, the UK’s leading boat rental and yacht charter marketplace, has today closed their most successful crowdfunding round to date, raising £3,017,030 from 670 investors.
