Better Society Capital (BSC), the UK’s leading social impact investor, has reached a major milestone, passing £1 billion in investments aimed at tackling the country’s most pressing social challenges. Originally launched in 2011 as Big Society Capital, the fund was established with £400 million from dormant bank accounts and £200 million from four of Britain’s […]
The founder of Mojo, a men’s sexual health and wellbeing app, has warned that HMRC’s aggressive crackdown on research and development (R&D) tax credits risks punishing genuine innovators, as his company battles a demand to repay more than £400,000. Xander Gilbert, 35, said he dreads the arrival of each new brown envelope from HMRC, after […]
Made Smarter, the Government-backed programme helping manufacturers embrace digital technologies, has launched a new £1 million funding round aimed at accelerating digital transformation across the North West’s manufacturing sector. The initiative, now in its seventh year, is offering match-funded grants of up to £20,000 to help small and medium-sized manufacturers adopt cutting-edge technologies such as […]
Conversational AI platform Manychat has raised $140 million in growth capital to accelerate its global expansion and enhance its AI-driven solutions for customer engagement. The round was led by growth equity firm Summit Partners and brings the company’s total funding to $163.3 million since its founding in 2015. Manychat helps more than one million businesses […]
Fuel Ventures has led a £3 million investment round in 51toCarbonZero, a fast-growing climate-tech platform helping businesses transition to net zero while driving operational performance. The round, which included support from angel investors, builds on Fuel Ventures’ previous backing and reflects the company’s strong growth trajectory. 51toCarbonZero’s cloud-based platform helps organisations measure, manage and reduce […]
Runna, the London-based coaching app that helps runners build personalised training plans, has been snapped up by US fitness giant Strava in a deal expected to deliver a multimillion-pound payday for its co-founders. Although the terms of the deal remain undisclosed, it is understood that early investors are poised for a windfall—reportedly receiving returns of […]
A fast-growing talent platform already working with global brands such as Louis Vuitton, Virgin Group, and WHSmith has raised £3.65 million in seed funding to scale its recruitment solution for the next generation. London-based Vizzy, which launched its platform to market in 2023, aims to overhaul the traditional CV format that has remained virtually unchanged […]
Coventry-based FinTech innovator Inicio AI has secured £2.6 million in seed funding to scale its AI-driven affordability assessment platform, in a move that could reshape how organisations evaluate financial wellbeing. The funding follows the company’s recent victory at Birmingham Tech Week’s prestigious OneToWin pitch competition. The investment round includes £500,000 from the West Midlands Co-Investment […]
Booked it, a fast-growing technology provider specialising in advanced booking, CRM, marketing and loyalty solutions, has secured a £2.5 million investment from Calculus Capital to accelerate its expansion plans. The funding comes as the company targets £1 billion in total bookings, building on rapid momentum across the social and entertainment sectors. Founded during the pandemic […]
Sipay, the rapidly scaling Turkish fintech specialising in embedded finance and payment solutions, has raised $78 million in a Series B funding round, pushing its valuation beyond $875 million. The round was led by US-based venture capital firm Elephant VC, with support from QuantumLight, the investment firm founded by Revolut CEO Nik Storonsky. Recognised as […]