Savills has agreed a $921m deal to acquire US property investment bank Eastdil Secured, strengthening its position in the American market as the estate agency posts a 14% rise in annual profits.
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Anchr raises $5.8M to bring AI-native automation to America’s food supply chain
US startup Anchr raises $5.8 million to build an AI-native operating system for food distributors, aiming to automate purchasing, inventory, sales and finance across the food supply chain.
Scottish startup SWURF secures £200k funding to make Edinburgh the world’s flexible working capital
Edinburgh-based remote working platform SWURF raises £200,000 to expand its network of flexible workspaces and SWURF Pods as it aims to make the city the world’s flexible working capital.
Mega raises $11.5M to replace marketing agencies with AI-powered growth engine for SMBs
Mega has raised $11.5 million in Series A funding to scale its AI-powered marketing platform that replaces traditional agencies with automated growth tools for SMBs.
BIOCAPTIVA raises £1.58m to transform liquid biopsy sample preparation
University of Edinburgh spin-out BIOCAPTIVA secures £1.58m funding and launches its msX liquid biopsy technology in the US to improve cancer diagnostics and research.
Frasers Group builds 6% stake in struggling Puma
Mike Ashley’s Frasers Group has acquired a 5.77% stake in Puma, becoming the brand’s second-largest shareholder as the German sportswear giant battles losses and declining sales.
Glasgow opens new Health Innovation Hub to accelerate life sciences innovation
The new Health Innovation Hub in Glasgow has officially opened, creating a major life sciences facility supporting precision medicine, digital health innovation and clinical research.
Silverflow raises $40m Series B funding as cloud-native payments platform nears one billion transactions annually
Cloud-native payments platform Silverflow has secured $40m in Series B funding led by Picus Capital as it approaches one billion transactions annually and accelerates global expansion.
Reflo launches £2.5m crowdfunding round inviting public to invest alongside Harry Kane
Sustainable sportswear brand Reflo has launched a £2.5m Crowdcube fundraising round, allowing the public to invest alongside England captain Harry Kane as the company accelerates global expansion.
RIT Capital Partners’ SpaceX stake tops £100m as Elon Musk valuation soars
RIT Capital Partners says its SpaceX stake has surged to £102.3m after Elon Musk’s rocket company hit a $1.25tn valuation, boosting returns at the Rothschild-backed investment trust.
Avalara acquires Manchester startup Versori in AI-driven integration deal
US tech giant Avalara has acquired Manchester-based integration platform Versori, strengthening its AI-driven tax compliance capabilities and boosting the UK tech scene.
Bindbridge raises $3.8m to fight herbicide resistance with AI-designed crop protection
Cambridge ag-biotech Bindbridge has raised $3.8m to develop AI-designed molecular glues for next-generation herbicides and crop protection, targeting $70bn in annual crop losses.
Sébastien de Montessus: From Endeavour Mining to Mansa Resources, a Builder Returns to the Frontier
When Sébastien de Montessus was appointed chief executive of Mansa Resources, a newly launched mining company backed by succesfull West African entrepreneur, Idrissa Nassa (Coris Bank), the move carried a familiar logic.
Investment in Wayve gives UK ‘seat at the table’ in global robotaxi race
The British Business Bank has invested £25m in Wayve’s $1.5bn funding round, valuing the UK autonomous driving firm at $8.6bn and securing Britain a stake in the global robotaxi race.
Hornby steers sale of near 70-year-old toy brand Scalextric for £20m
Hornby has agreed to sell iconic slot car brand Scalextric to Purbeck Capital Partners for £20m, using the proceeds to cut debt and refocus on core brands including Airfix and model railways.
