The Development Bank of Wales has confirmed its third equity investment in Wagonex, the UK’s leading mobility subscription platform provider – just one week after the announcement of a first strategic investment by Admiral Pioneer.
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Zeus nets £1.8 million in angel funding round
UK-based logtech startup Zeus, which is modernising road freight management with its next-generation digital freight matching platform, has raised £1.8 million in its first-ever angel funding round.
Farmland investment vehicle shelves London floatation plans
An investment vehicle designed to pump cash into agricultural land has shelved plans for an initial public offering in London due to “high levels of market volatility and uncertainty”.
Venus and Serena Williams are investing in social-first trading app, Shares
Shares, Europe’s first social and community-based investing app, has announced that international tennis champions, Venus and Serena Williams, have been appointed the first ambassadors of Shares as they become shareholders in the company.
‘Gen Z’ Oxford University female co-founders scoop German ‘tech oscar’ at tech awards gala
‘Women drive innovation’ was the motto at the German ‘Tech Oscars’, The Tech Awards Gala 2022 by WLOUNGE in Berlin on Saturday, 10th September 2022.
UK’s leading entrepreneurs urge Liz Truss to back new entrepreneurship competition
A group of the UK’s leading entrepreneurs have urged the Prime Minister to back a new entrepreneurship competition in a push to get British startups back on track.
Oxford University shuts down its incubator for start-ups
Oxford University’s start-up incubator, opened by the Apple chief executive Tim Cook, has closed its doors to students after only five years and even though it received £3.2 million in launch funding.
Wealth Club members invest £1 million under EIS in electric battery tech company Anaphite
Bristol-based Anaphite, which is developing new technology to improve batteries for electric vehicles, has raised just under £1 million from Wealth Club clients under the Enterprise Investment Scheme (EIS).
Octopus unveils renewables fund backing UK’s largest battery
Octopus Energy Group has launched a renewables strategy targeting early stage green energy projects to reduce Europe’s reliance on gas imports
RiskSmart raises £1m to launch SME risk managment platform in UK
Manchester-based risk management platform RiskSmart has launched in the UK following a £1m investment from NPIF Maven Equity Finance alongside institutional investors.
Podcast services startup Auddy raises £2.5m
Auddy, a London-based startup that provides producing, advertising and comms podcasting solutions for businesses, has secured £2.5m in funding.
Events startup Pollen enters administration months after raising £124m
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.
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.
