Octopus Energy has raised $300m of investment to value the power supplier at $5bn – despite soaring energy prices that have triggered a wave of collapses among its rivals.
Category: Get Funded
Locket secures £1m on Seedrs
Locket, the prevention-first insurance provider has opened its crowdfund to the public this week, and already secured £1m against a target of £750k.
Abrdn to buy online platform Interactive Investor for £1.5bn
Abrdn has struck a £1.5bn deal to buy the online investment platform Interactive Investor, as the fund manager pushes into the increasingly popular realm of web-based trading.
Seedrs joins the Republic in $100m deal
Seedrs, the equity crowdfunding platform, is to be acquired by Republic, a US start-up investing service for about $100 million.
Sustainable UK start-ups raise record £2.3 billion
UK start-ups which focus on the environment and other sustainable development raised £2.3 billion this year, after a wave of investment in UK clean energy companies.
Science Creates opens its second incubator for next generation of scientists-turned-entrepreneurs in Bristol
Science Creates, the deep tech ecosystem that nurtures science and engineering start-ups and spin-outs, has today opened its second specialised incubator space in Bristol.
White Oak grows asset finance business with £150 million facility
Independent business lender White Oak has announced it has completed a securitisation facility from Barclays, with the funds set to be deployed to SMEs across the UK via asset finance solutions.
John Lewis targets ‘throwaway’ culture with £1m ideas fund
The owner of John Lewis and Waitrose are launching a £1m fund that will channel cash into projects with the potential to end the high street’s “throwaway” culture.
Ex-F1 team boss Eddie Jordan considering £3bn bid for Playtech
The former Formula One team owner Eddie Jordan is part of a consortium considering making a £3bn offer for Playtech, as the London-listed gambling software supplier becomes the focus of a potential bidding war.
Capital Business Media launches new events & awards division: The UK Business Events & Awards Company
Capital Business Media has announced a £500,000 investment into new events company The UK Business Events & Awards Company to develop a leading awards programme to reward business excellence and innovation.
‘Cow’s milk without cows’ start-up raises $13m in seed funding
“Cow’s milk without cows” will be in Israeli shops by 2023, after a start-up raised a record $13m (£9.7m) in seed funding from investors to help it make traditional dairy products from microorganisms.
India’s leading ecommerce enablement company GoKwik raises $15m
GoKwik, an ecommerce enablement company aiming to democratise the shopping experience and increase GMV realisation for ecommerce businesses, has announced it has raised a $15 million
Richemont in talks to sell controlling stake in Net-a-Porter
The Swiss luxury goods group behind Cartier and Van Cleef & Arpels is in talks over a deal to cede majority control of its lossmaking Yoox Net-a-Porter ecommerce business.
Electric vehicle start-up Rivian motors on to the stock market
The largest initial public offering in the world this year and one of the biggest in American history made a spectacular start yesterday as shares in a company touted as a future rival to Tesla surged by as much as 53 per cent.
Apple’s Tim Cook admits investing in crypto assets
The boss of Apple has revealed that he has invested in cryptocurrencies such as bitcoin but that the iPhone maker will not be following suit.
