Darktrace, the world’s leading AI company for cyber defense, has today announced that it has raised $50 million in funding at a valuation of $1.65 billion.
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British Growth Fund invests £2m in high-growth HeleCloud
HeleCloud, an IT consultancy and managed services provider specialising in highly sophisticated Cloud strategy, implementation, migration and operation services, has received a £2m minority investment from BGF
Metro Bank supports hospitality franchise with £14M loan
Metro Bank has announced that it has provided Auriga Holdings Ltd, the restaurant franchise business, with a £13.95 million debt facility
Seedrs bolsters board with former lastminute.com CEO & Betfair COO appointments
Seedrs, the private equity investment platform, has announced the appointment of Ian McCaig and Mark Brooker as non-executive directors.
Uber in early talks to buy Deliveroo
Uber is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.
Mayor’s Tech Fund announces six portfolio Winners in the UKBAA Awards 2018
The London Co-Investment Fund (LCIF) – the Mayor of London’s early-stage tech fund – has announced six of its fast-growing investments are winners in the prestigious UKBAA Awards 2018.
Crowdcube acquires business reporting software Supdate in all cash deal
Equity crowdfunding platform, Crowdcube has announced the acquisition of business reporting software company Supdate.
What impact might technology have on the business of comedy?
People have always enjoyed a good laugh. From the one about the two woolly mammoths, through Shakespeare plays and Vaudeville shows, to the arena-filling comedians of today, comedy has a special place in our culture.
What could the Seed Enterprise Investment Scheme (SEIS) do for your early-stage company?
Your early-stage company could face many barriers in its attempt to drive growth. A crippling lack of funding could prove one of the largest obstacles, not least because young companies can struggle to attract investment.
£1.5M digital pharmacy powered by robots & AI to create 30 jobs
Thirty jobs are to be created through a new £1.5m digital Pharmacy opened in Liverpool, aimed at helping people living with chronic care conditions to manage their medicinal needs through artificial intelligent mobile app ‘Now Patient’.
The Greater Manchester Loan Fund invests £500,000 in a leading supplier of design-led furniture
One-stop furnishing solution for the residential property sector will create eight new jobs following investment
Barclays partners with leading fintech MarketInvoice
Barclays has today announced that it is partnering with leading fintech business MarketInvoice, Europe’s largest online invoice financing platform, in a deal that is set to transform the way UK SMEs manage cash flow and accelerate growth.
Downing Crowd raises £1.2m bond for onshore wind project
The Downing Crowd platform has successfully raised £1.2 million to support a small-scale wind turbine site in Scotland, owned and operated by C&G Renewables Limited.
UK overtakes US on Fintech investment for first half of 2018
The UK has overtaken the US in terms of fintech investment for the first half of the year, and taken the top spot in Europe to attract $16.1bn (£12.3bn) out of the continent’s $26bn total.
Startup Funding Club invests £570K into Blue Skies Space alongside London Co-Investment Fund
Startup Funding Club (SFC) has invested in Blue Skies Space Ltd, a pioneering UK company providing access to space science data from low-cost space missions.
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