Tag Archives funding

Favorey, The Services Directory Based On Recommendations From People You Trust, To Launch Mobile App

Posted on 2 min read 1905 views

Favorey is a new discovery app that uses the power of social recommendations to help its users find trustworthy new service providers, from tree surgeons, to key cutters. Leveraging the function that allows them to obtain a direct introduction to providers that their family or friends have used and recommended, users can request services, receive …

New Retail Fund from Russia That Plans To Invest $3bn In The Retail Stars Of Tomorrow Will Be Headquartered In London

Posted on 3 min read 3023 views

Letter One, an investment company who describe themselves as “a partnership of successful entrepreneurs and international businesspeople” has launched a new investment vehicle, L1 Retail, which consists of a $3 billion dollar fund to back “a small number of retailers that have the potential to become market leaders in their segments and markets”, across Europe. …

Virgin Media Business and Fast Track Reveal Their Top 10 Disruptive Businesses – And Nobody Should Be Surprised!

Posted on 6 min read 1905 views

This week, hot on the heels of the 20th anniversary edition of the FastTrack 100, a league table of the UK’s top-performing private companies, which is published every year in a Sunday Times supplement, Virgin Media Business identified its 10 most “disruptive” businesses from Fast Track’s list. The list contains few surprises for avid start-up …

Trampery Based Social Video Creation Platform Wochit, Used By Time Inc & Johnston Press Takes $13m More Investment From Media Giants & Angels

Posted on 4 min read 1668 views

Has there ever been a more challenging time to be a global media agency? With disruptive new social media platforms springing up nearly every day led by ambitious entrepreneurs, video sharing becoming commonplace and smartphones turning every one of us into wannabe film-makers, the sector is a little congested, to say the least. In one …

Rocket Internet Investment Arm Leads £9m Series A Into Recruitment Contract Finance Provider Sonovate, Who Also Raise £5m Debt Financing

Posted on 3 min read 2351 views

Global Founders Capital, a VC firm based in Munich and backed by the Samwer brothers, founders of Rocket Internet, has led a Series B investment round into Sonovate, a leading recruitment finance provider. Dawn Capital have also participated in the round. The funding is split between £9 million in equity funding and £5m in debt …

Prop-tech Is Getting Bigger & Bigger – Bricklane.com Are Latest To Secure Funding From Zoopla, Robin Klein

Posted on 4 min read 1984 views

A new online investment project that works like a property ISA meaning it is capital gains exempt, investing in properties in Birmingham, Leeds and Manchester, has raised £1.3m in seed funding from Alex Chesterman’s Zoopla and serial investor Robin Klein. Bricklane.com’s online platform allows savers to invest from as little £100, earn a share of …

Airbnb Concierge Service Hostmaker Is Looking To Europe After Securing $1m From Initial Capital & Others

Posted on 3 min read 2457 views

A hospitality management service for Airbnb’ers who want to outsource the hassle of short-term-letting their homes has raised $1.1m of funding in a round led by Initial Capital, a group of serial entrepreneurs, with existing investors DN Capital and DSG Consumer Partners also joining the round. Hostmaker was founded by hospitality professional Nakul Sharma, who …

British Business Bank’s Investment Arm Provides £18m Funding To North West Asset Backed Lender, In Search Of Yield For Tax Payer

Posted on 3 min read 1420 views

The commercial arm of the British Business Bank, British Business Bank Investments Ltd. has announced that it has made an £18m pound investment into Praetura Asset Finance, a provider of asset-based finance to sole traders, partnerships and limited companies, based in the Northwest of England. The BBB says it will support at least £36m of …

Copenhagen Based “Con-Tech” Platform GenieBelt Shows Its Bottle, Wins €2m Investment From Solar & Former JustEat CEO

Posted on 3 min read 1794 views

Elements of the construction industry may be unashamedly old-school, but a Danish firm, GenieBelt, co-founded by Klaus Nyengaard, one of the founders of food delivery Unicorn Just Eat (which began life in Denmark) is showing that it is far from immune to a dose of tech disruption. GenieBelt announced this week that it has raised  …

Navigation App Beeline Raises £500k To Help City Explorers Get Buzzy About Urban Cycling

Posted on 3 min read 1649 views

If you are the kind of intrepid adventurer who thinks maps are for wussies then Beeline, the connected navigation app that helps cyclists find their own way around cities could well be for you. Unlike traditional navigation devices, BeeLine, a small circular IoT style device which can be clipped to your bikes’ handlebars, simply points …

Songkick Bags $15m To Strengthen Position As “World’s Leading Independent Artist Ticketing & Music Discovery Platform”

Posted on 3 min read 1653 views

Songkick closed a $15m venture funding round last week, led by Access Industries, bringing the music start-up’s total investment to date to north of $60m, and more than $29m since a merger with Crowdsurge last year. The start-up connects hundreds of artists, including Metallica, J.Cole, Mumford & Sons and the Red Hot Chili Peppers to …

Notonthehighstreet.com Brings Total Funding To £60m As Curated, Creative Marketplace Secures £21m Round Led By Hubert Burda Media

Posted on 4 min read 1632 views

Notonthehighstreet.com, the “leading curated online marketplace connecting the best small creative businesses with the world” has raised $27.65m in a Series E round led by Hubert Burda Media. The start-up, which was founded in 2006 by entrepreneurs Holly Tucker MBE and Sophie Cornish MBE, and reached £158m in sales in 2016, a CAGR of 135% …

Tonight! Founders and Funders Are Holding A Speed Dating & Networking Party At WeWork South Bank!

Posted on 3 min read 1664 views

Sometimes it’s those last minute gigs you get wind of and attend that can make all the difference – to either a founder looking for investment, or an investor looking for the next great idea. Tonight, at WeWork on the South Bank, on the 8th floor, from where the views across London are simply breath-taking, …

Europe’s Unicorns Are In Rude Health And Their Numbers Are Growing, Says Research From GP BullHound

Posted on 3 min read 2260 views

Europe is now home to 47 “Unicorn” tech businesses, according to research from GP Bullhound; 10 Unicorns have joined the club in the past year to April, with 3 departed. 11 of the 47 are enterprise focused, 36 consumer; 18 are based in the UK (total valuation $39.6bn), 7 in Sweden ($31.1), 6 in Germany …

FinTech Pendulum Swinging Towards Germany, Says Latest CB Insights Report; But Long Term Future Of Financial Disruption Harder To Predict

Posted on 5 min read 1757 views

CB Insights latest European FinTech report reveals Berlin attracted 80% more venture Capital funding than London – will it last? Could London’s status as the world’s leading hub for FinTech innovation and investment be under threat? Perhaps the more pertinent question is; does it matter? It would seem to be the inescapable conclusion to be …

Hot Start-up Alert! Eco Companion Hooks 5 Angels After Founder Returns To Roots To Grow Sustainable Tourism Platform

Posted on 3 min read 2910 views

Max Sinclair and members of the Eco-companion in their / our natural habitat Every founder should have a back story like that of Max Sinclair, the founder of Eco Companion. Eco companion “helps people find their next sustainable holiday in nature”, says the strapline, thanks to a bespoke world-rating system that first analyses then ranks …

New home…New Insurance Policy? Home Contents Inventory Platform BUZZMOVE Raises £6m Shortly After Completing World’s First InsurTech Accelerator

Posted on 3 min read 1500 views

A trailblazing Insurtech firm that allows consumers to create a digital inventory of their belongings when they are moving house and use it to purchase home and household contents insurance has completed a $6m “super-seed” round led by White Mountains Insurance Group, who trade on the New York Stock Exchange. …

App Where Vetted Freelancers Can Find Hospitality and Events Work Paying $9.25ph Raises £2.65m From A Lord & A Boxer

Posted on 3 min read 1678 views

  What do heavyweight boxer David Haye David Cameron’s former enterprise advisor, Lord Young, have in common? Both have invested in London Tech start-up Syft, a recruitment app that helps employers find vetted temporary workers in the hospitality and events sectors. …

Privacy Enhancing Software Provider Privitar Gets £3M To Accelerate Its Growth; Round Led By Illuminate Financial Management; Start-up Now Raised Nearly £4m

Posted on 4 min read 1658 views

A London based data risk and privacy management firm, Privitar, announced on Wednesday this week that it has raised a £3m venture financing round, led by Illuminate Capital, and also backed by previous investors private capital group 24Haymarket and IQ Capital, who helped the firm raise a $1.2m seed round in July of last year. …

Beauhurst’s Latest Report Reveals Downturn in VC Investing Into UK, But There Are Still Reasons To Be Cheerful

Posted on 3 min read 811 views

are there really “worrying signs ahead for any UK company looking to raise finance”, as Beauhurst warn in their latest VC and alternative financing report? Beauhurst, the data analytics company that tracks the fortunes of “the UK’s most ambitious companies”, has released its latest report about the state of venture capital, angel and crowdfunding investment, …