OpenSolar has announced that it has raised US$15 million to expand its free product offering to solar contractors who use the platform in more than 130 countries. The funding round was led by one of Australia’s largest venture capital funds, Telstra Ventures, with participation from sustainability fund 2150 and existing investors including Jeff Tannenbaum’s Titan […]
Tribepad, a leading talent acquisition software provider, has secured a £12m investment from BGF. Founded in Sheffield in 2008, Tribepad has developed a best-of-breed talent acquisition platform which supports the end-to-end hiring process for some of Britain’s leading enterprises. Its software is used by over 125 in-house talent acquisition teams at organisations including Tesco, the […]
A former barrister who became a television chef and restaurateur has cooked up a multimillion-pound fortune with the sale of a stake in Mowgli Street Food, her Indian casual dining chain, to private equity. Nisha Katona, 51, founder and chief executive of Mowgli, is selling a significant stake to TriSpan with debt finance from OakNorth […]
British taxpayers have become shareholders in a further 53 companies backed by a government rescue funding scheme. These firms include a company that makes carbon negative period products, a firm producing meat cultivated directly from cells without the use of animals, and a “holistic” whisky distiller. The British Business Bank’s Future Fund was set up […]
BGF, the UK and Ireland’s most active investor, is planning to invest £300 million in early-stage and fast growth businesses across the Central and Eastern areas of England over the next five years. The BGF Growth Central and East team includes three experienced investors Mark Nunny, Nathan Heath and Elena Kovalikhina, and will be targeting […]
Global climate tech accelerator and regranter Subak today launches applications for its 2023 cohort and calls on not-for-profit startups with data-led climate missions to apply. Subak’s two global nodes will support 14 early-stage startups in 2023 through an intensive three-month accelerator. The selected organisations will each receive unrestricted grant funding and will be guided through […]
The Dyers’ Company has launched a new Seed Capital Investment Fund designed to support innovation in, and the commercialisation of, business ideas with a link to colour or colouration. The Dyers’ will consider initial investments of up to £25,000 per venture for fledgling businesses and entrepreneurs seeking to transform their innovative ideas into successful businesses. The initiative is relevant to a vast range […]
Industry-leading Bike.Rent Manager has launched a new platform to connect consumers with rental shops worldwide, Bike.Rent. Working with over 650 bike stores worldwide, Bike.Rent has combined its trusted rental management software with the new platform. Cyclists will have visibility on how many bikes a shop has got and when they are available. The unique expansion […]
Global tech investors continue to put their faith in London, with latest end of year VC investment figures from Dealroom and London & Partners showing that the UK capital’s tech firms raised an impressive $19.8bn last year. Despite a challenging economic climate, London’s tech firms raised double the amount of investment than any European city […]
HRLocker has announced it has closed its first £1.8M (€2m) funding round. The round was led by Hugh O’Donnell’s investment firm, MACX3 Investments Limited, alongside a number of other successful entrepreneurs, family offices and private investors EIIS investors. HRLocker has ambitious plans for the funds raised. They want to break ground in new international markets, expand […]