UK fire safety manufacturer Rapidrop Global Ltd has landed a significant multi-million pound investment from BGF as it gears up for its next phase of global growth. Headquartered in Cambridgeshire, Rapidrop is a leading designer and manufacturer of fire sprinkler heads and fire suppression system components used across commercial, residential and infrastructure projects. The company […]
A £2 million investment by Innovate UK has successfully propelled six innovative artificial intelligence and data-driven projects into real-world application, delivering tangible environmental benefits while unlocking additional funding and commercial traction. Part of the wider £7 million Integrating Finance and Biodiversity for a Nature Positive Future (IFB) programme led by the Natural Environment Research Council […]
Electric parcel delivery startup Hived has raised $42 million in fresh funding to expand its all-electric courier operations beyond London, marking a significant milestone in its mission to disrupt the UK’s legacy logistics sector. The London-based firm, co-founded in 2021 by former Manchester City women’s youth team captain Murvah Iqbal and Mathias Krieger, plans to […]
Propel Finance has secured a landmark £1.5 billion funding facility to expand its lending operations and support small and medium-sized enterprises (SMEs) across the UK. The UK-based asset finance provider confirmed the funding was backed by a group of leading financial institutions including Barclays, Bank of America, Citi, and the British Business Bank. The injection […]
Neutronic, the nootropics drink brand founded by Chris Williamson and James Smith, has raised $3.7 million in its first external funding round, valuing the company at $20 million just 18 months after its launch. The round attracted a high-profile group of investors, including fitness entrepreneur Kayla Itsines and Grenade founder Alan Barratt, as Neutonic looks […]
The UK is on pace for its busiest year of takeovers since 2021, with £74 billion in bids tabled for British companies in the first six months of 2025, according to new research from broker Peel Hunt. The surge is being fuelled by both domestic consolidation and aggressive moves by overseas private equity, particularly from […]
Four standout teams have been crowned winners of the Isle of Man Innovation Challenge 2025, following a global competition showcasing cutting-edge solutions in cleantech, data and AI, fintech, and sustainability. Now in its third year, the Innovation Challenge attracted over 100 entrants from more than 20 countries, with 14 finalists selected to take part in […]
Metro Bank has received a takeover approach from private equity firm Pollen Street Capital, in a move that may see the high street lender taken private and intensify concerns about the shrinking roster of companies listed on the London Stock Exchange. The approach, made within the past fortnight, has not yet resulted in a formal […]
Pod Point, one of the UK’s early pioneers in electric vehicle charging, has been acquired by French energy giant EDF for just £10.3 million, marking a dramatic fall from its £352 million valuation when it floated on the London Stock Exchange in 2021. The deal, announced alongside full-year results, sees EDF offer 6.5p per share, […]
Sir Keir Starmer has unveiled a £1 billion investment package aimed at scaling up the UK’s computing power twentyfold, in a major push to solidify Britain’s status as a global technology and artificial intelligence leader. Opening London Tech Week this morning, the prime minister said the investment would form part of the government’s long-term ambition […]