The UK’s climate tech sector could receive a £4bn investment from Qatar as the Middle Eastern nation looks to establish a green energy research facility in southern England. Funded by the Qatar Foundation, the university-style facility will also be supported by a partnership with Rolls Royce. From the overall investment £1.5bn will be designated for […]
Twitter owner Elon Musk is among top business leaders expected to be invited to Rishi Sunak’s global investment summit this autumn. Tesla boss Musk – who recently bought and renamed Twitter as X – is among figures including Amazon founder Jeff Bezos who officials are keen to see attend the summit, according to Sky News. […]
UK FinTech Growth Partners LLP has unveiled the FinTech Growth Fund, backed by Barclays, NatWest, Mastercard, London Stock Exchange Group and Peel Hunt. It promises to invest in UK FinTechs, predominantly between Series B and pre-IPO, to enable them to scale into world-class global organisations. The idea for the fund grew out of the landmark […]
Resilience today announced a $100M equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution, which launched earlier this year. The Series D round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact Insurance’s underwriting companies, with participation by Lightspeed […]
London-based edtech zick learn has today, announced it has secured £430,000 in funding to increase its headcount and accelerate growth throughout the UK and across Europe. This latest round was led by renowned Italian edtech investment firm Zanichelli Venture, and backed by a number of angel investors. With an office in London, zick learn is […]
Utopi, the ESG technology specialist, has announced that it is well into its high-growth phase following its recent investment; as it looks to expand to the US market, secure strategic partnerships and customers, and grow its team across the UK and abroad. Founded in 2019 by a team of four, Utopi has since expanded to […]
The Government has today launched the Research Ventures Catalyst fund, injecting £50 million to bolster cutting-edge research in tech and science. The fund, based on partnerships with private and philanthropic investors, is set to unlock tens of millions of GBP and drive new discoveries across the health, tech and science sectors. The launch of the […]
BGF, one of the largest and most experienced growth capital investors in the UK and Ireland, has invested £3.4 million in Nuada (formerly MOF Technologies), a UK-based company that is redefining the capture of carbon dioxide from foundational and hard-to-abate industries. Carbon capture is an essential climate technology that is required to meet global climate […]
UK Export Finance (UKEF), the UK government’s export credit agency, has underwritten €781m of financing – equivalent to £680m – to support construction of a 286km high-speed electrified railway across southern Turkey. With financing provided through UKEF’s Buyer Credit Facility, Rönesans Holding will finish construction of the Mersin-Adana-Gaziantep High Speed Railway on behalf of the […]
As European startup funding experiences a pullback by investors, it’s more important than ever for VCs to collaborate and support emerging managers. Denis Shafranik, Co-founder, and Managing Partner of Concentric, the pan-European VC, discusses why Funds of Funds are a great way of doing that. As we settle into the second half of 2023, a […]