The Bank of England says the global AI boom is increasingly funded by debt, warning that a $5tn investment surge poses financial stability risks if valuations fall. Governor Andrew Bailey likens current tech valuations to the dotcom bubble.
Category: Get Funded
Unilever sells Graze to Candy Kittens in £36m deal led by Jamie Laing
Unilever has agreed to sell Graze to Jamie Laing’s Candy Kittens in a £36m deal as the FMCG giant sheds underperforming brands. Graze, acquired in 2019, has struggled with falling sales and rising losses.
Steven Bartlett to launch new tech news website as media ambitions grow
Steven Bartlett is set to launch a new tech news website, Founded, hiring 10 journalists and expanding his £320m creator-focused business empire under Steven.com.
Cannumo secures record €1m Shark Tank investment to accelerate UK expansion
Cannumo, maker of the live-bacteria drink Goodie, has secured a record €1m investment on Shark Tank Lithuania — the largest in any European business reality show — as the start-up launches a 90-day push into the UK wellness market.
Borough Broth raises £7.5m from Piper to accelerate expansion as demand surges
Bone broth brand Borough Broth has secured £7.5m from Piper to build a larger factory and scale production, as sales double and demand for natural, minimally processed foods continues to rise.
Revolut surpasses Barclays in value after Nvidia-backed deal puts fintech at $75bn
Revolut has surpassed Barclays after a $75bn Nvidia-backed share sale, cementing its status as Europe’s most valuable private tech firm as it pushes toward global banking ambitions.
Isle of Man seeks global tech innovators to transform healthcare through 2026 Innovation Challenge
The Isle of Man has launched its 2026 Innovation Challenge, calling global tech entrepreneurs to develop solutions for health and social care across themes including prevention, digital efficiency and home-based care.
Installio raises £1.5m Seed round to accelerate national clean-energy rollout
Clean-energy installer Installio has raised £1.5m to expand nationally, boosting heat-pump installation capacity as UK demand surges and major retrofitting programmes accelerate.
Qatar invests millions in new British venture capital fund backing quantum start-ups
Firgun Ventures has raised $70m — led by the Qatar Investment Authority — to back UK and global quantum start-ups, positioning London as a growing hub for next-generation computing.
Hypergrowth tech firm iplicit relocates headquarters to Bournemouth as it targets unicorn status
Cloud accounting scale-up iplicit has moved its headquarters to Bournemouth as it targets unicorn status after £43.5m investment and seven years of 100%+ annual growth.
Dorset’s Baboo Gelato launches £300k crowdfunding drive to fuel nationwide expansion
Dorset’s award-winning Baboo Gelato has launched a £300k Crowdcube campaign to expand nationally after strong sales growth and rising demand for its artisan gelato and dog-friendly frozen treats.
British Business Bank sets out five-year plan to transform small business finance
The British Business Bank has published a five-year plan to overhaul small business finance, pledging £13bn in deployment, £26bn in private capital, expanded scale-up investment and 85,000 new Start Up Loans.
Pibit.AI raises $7m Series A to bring trusted AI underwriting to the insurance sector
Pibit.AI has raised $7m to scale its CURE™ AI underwriting platform, aiming to modernise insurance decision-making with faster, more accurate and trusted risk analysis.
Curves targets fast-growing £3bn women’s wellness market with scalable franchise expansion
Curves is expanding its franchise network across the UK and Europe as the £3bn women’s wellness market grows, offering a low-cost, turnkey model with fast profitability and strong membership growth.
Jeff Bezos launches new AI start-up Project Prometheus with $6.2bn backing
Jeff Bezos has launched AI start-up Project Prometheus with $6.2bn in early funding, hiring talent from OpenAI, Meta and DeepMind to build advanced engineering and manufacturing AI systems.
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