Language learning platform Preply has raised $150m in a Series D led by WestCap, valuing the company at $1.2bn as it accelerates AI-enhanced, human-led education worldwide.
Category: Get Funded
Leeds startup raises £23m to push UK to the forefront of the AI chip race
Leeds-based startup Optalysys has raised £23m to commercialise its light-powered AI chips and expand into the US, aiming to position the UK as a leader in photonic computing.
Reeves opens corporate bond market to small investors in bid to unlock UK savings
Rachel Reeves is opening up Britain’s corporate bond market to small investors as part of a wider push to channel more household savings into UK businesses and revive London’s capital markets.
Reeves set to back self-driving car firm with tens of millions in taxpayer funding
Rachel Reeves is preparing to channel tens of millions from the National Wealth Fund into Oxa, the Oxford-founded self-driving technology firm, as Labour accelerates autonomous vehicle plans.
Ex-Dyson engineers plot electric boiler to rival heat pumps — but admit high energy costs remain a hurdle
A pair of former Dyson engineers have raised millions of pounds to bring a battery-powered electric boiler to market, positioning it as a lower-cost, lower-disruption alternative to heat pumps for millions of UK homes.
Soho House secures funding to complete $1.8bn takeover deal
Soho House has secured new funding to complete its $1.8bn takeover, stabilising a deal led by MCR Hotels after weeks of uncertainty.
Startup Coalition opens applications for ‘Pitch in Parliament’ AI HealthTech showcase
Startup Coalition has opened applications for Pitch in Parliament: AI in HealthTech, giving UK startups the chance to pitch NHS-focused AI solutions to investors and policymakers in Westminster.
Barclays backs ThruDark retail expansion with £4m trade loan
British performance apparel brand ThruDark secures a £4m trade loan from Barclays to support growth, stock investment and retail expansion.
Karavel raises £1.25m pre-seed round to modernise compliance in regulated industries
AI compliance platform Karavel has secured £1.25m in pre-seed funding led by Fuel Ventures to streamline regulatory monitoring, ad reviews and compliance workflows.
Soho House shares slide as investor pulls funding from $1.8bn take-private deal
Soho House shares slide after key investor MCR fails to fund a $200m commitment, putting a $1.8bn take-private deal at risk.
Elon Musk’s xAI raises $20bn despite mounting backlash over Grok deepfakes
Elon Musk’s AI firm xAI has raised $20bn even as its Grok chatbot faces global backlash over sexualised deepfake images and regulatory scrutiny.
Gary Neville sells majority stake in The Overlap as media brand targets global expansion
Gary Neville has sold a majority stake in The Overlap to Global as the sports media brand targets global growth.
It’s Dragons’ Den for the TikTok generation as Britain’s biggest stars back young founders
A group of Britain’s most recognisable cultural figures has launched what insiders describe as a “cool, creator-led” alternative to Dragons’ Den, aiming to uncover and back the next generation of young entrepreneurs through TikTok and social platforms.
Dream of ‘Europe’s Silicon Valley’ at risk as ministers urged to move faster on OxCam rail link
The ambition to turn the Oxford–Cambridge corridor into “Europe’s Silicon Valley” is in danger of stalling unless the government accelerates delivery of long-promised infrastructure, business leaders have warned.
ITV backs Joe Wicks with £3m investment in the body coach app
ITV has agreed to invest up to £3m in Joe Wicks’ Body Coach fitness app, with the partnership including advertising across ITV and ITVX.
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