A new online marketplace, dedicated to buying and selling pre-loved clothing for children, has received an investment of £150,000 to unlock its plans for growth. Just three months since launch, Cress is expanding to create more opportunities for customers to buy and sell pre-loved, with new categories being launched for accessories and premium brand clothing. […]
A tech start-up launched by TV couple Ferne McCann and Lorri Haines has partnered with private investment platform Seedrs to raise £250,000. Mental health and wellbeing app Shoorah is set to provide more on-the-go wellness tools than any other wellbeing app. The platform has already been downloaded by thousands of users – with 6,000 downloads […]
The Development Bank of Wales has confirmed its support for vegan beauty brand Mallows Beauty with a six-figure funding package including a mix of debt and equity that will help to fund product development and export growth. It’s the second investment in the fast growth business by the Development Bank since 2021. Based in Pontyclun, […]
New figures released by HRMC today show a 39% year-on-year increase in EIS funding in 2021/22, with total investment through the scheme reaching £2.3 billion – the highest since the scheme began. The scheme, which brings together private investors with companies that need funds to scale up operations, supported 4,480 companies in the year, a […]
Brompton, maker of the iconic folding bike, has partnered with BGF, one of the largest and most experienced growth capital investors in the UK and Ireland, to further accelerate its growth. Since 1975, Brompton has been independent, owned by the founder Andrew Ritchie, the current CEO Will Butler-Adams, their friends, family, and its staff. This […]
Cybersecurity services specialist RiverSafe has unveiled its expansion plans, including a string of new hires and investment in staff training, following a record year of trading. RiverSafe, founded in 2010 by cybersecurity experts Suid Adeyanju and Oseloka Obiora, has seen a surge in demand for its services with revenue increasing 395 per cent in the […]
Hands In, the innovative payments start-up, has completed a $550k funding round to accelerate the commercialisation of its group payment services. Attracting investment from leaders in key payment corporations, including GoCardless, Thredd (formerly GPS), Elavon, FIS, Pay.com, PayU, Curve, and Free Trade, Hands In is set to revolutionise the way groups pay together online by […]
Bramble Energy, an innovator in fuel cell technology, has joined forces with Equipmake, Aeristech and the University of Bath to develop a revolutionary new hydrogen double-deck bus integrating Bramble’s revolutionary, low-cost printed circuit board fuel cell (PCBFCTM) technology. Bramble Energy is the lead partner of the Hydrogen Electric Integrated Drivetrain Initiative (HEIDI) which has received […]
hackajob, the full stack technical hiring platform, announces a $25m Series B funding round led by Boston-based growth equity firm, Volition Capital, with participation from existing investors AXA Venture Partners and Foresight. The round enables hackajob’s significant plans to accelerate its expansion in the US and deliver on its vision of becoming the end-to-end hiring […]
Tesel, a platform created to simplify the process of ESG assessments for buyers and suppliers throughout the supply chain, has raised £320,000 in a pre-Seed round led by early-stage focused venture capital firm Jenson Funding Partners and angel investors. The investment will fund further product development, commercialisation and expansion of its highly experienced team ahead […]