Electric vehicle charge point operator Believ has secured £300 million in funding to install at least 30,000 public EV chargers across the UK, in a move that cements its position as one of the country’s best-backed providers and significantly boosts Britain’s charging infrastructure. The investment—led by Believ’s joint owners Liberty Global and Zouk Capital, along […]
A legal tech startup helping workers represent themselves in employment disputes has secured £2 million in fresh funding, as investors prepare for a likely surge in workplace grievances under the Labour government’s incoming reforms. Valla, the Edinburgh-based platform founded in 2022, has been backed by venture capital firms Ada Ventures, Active Partners and Portfolio Ventures, […]
Coventry-based defence manufacturer NP Aerospace has secured a multi-million-pound funding package from NatWest, designed to support the company’s international growth and boost its exporting capacity. The finance deal includes a UK Export Finance-backed Trade Finance Facility, as well as capital investment support from Lombard, and is expected to create new jobs as the company scales […]
The British Business Bank has reached a major milestone in its mission to support smaller businesses across the UK, with more than £5 billion now delivered through its ENABLE structured guarantee programmes. Since the first transaction in 2017, the ENABLE Guarantees and ENABLE Build schemes have backed lending to a wide range of sectors — […]
UK-based cybersecurity firm ThreatSpike has raised $14 million in Series A funding to expand its mission of simplifying enterprise security through a unified, end-to-end platform. The round was led by growth equity firm Expedition Growth Capital, with key additions to ThreatSpike’s board including Will Sheldon, Partner at Expedition, and Emily Orton, co-founder of Darktrace. Founded […]
NavLive, which has newly developed an AI-powered, handheld scanning tool offering architects and construction professionals the ability to create high precision building site scans in real time, launches today with £3.3m in Seed funding. The round was led by deep tech investor OSE, with participation from SOSV, Oxford Capital Partners, Clearance Venture Partners, AE Works, […]
Swedish startup Alrik has secured new investment to accelerate its mission of transforming construction logistics, raising fresh funding led by Nordic VC People Ventures and with further backing from existing investor Pi Labs. The new capital brings the company’s total raised to €7 million. Alrik is building what it describes as the global construction logistics […]
Oxford Brain Diagnostics (OBD) is preparing to launch its groundbreaking technology for the early diagnosis of dementia across the UK and US healthcare markets, following a wave of key regulatory approvals that mark a major milestone in the company’s growth. Backed by growth capital investor BGF, the Oxford-based medtech firm will begin commercial deployment of […]
Zuber Issa, the billionaire entrepreneur who co-led the £6.8 billion acquisition of Asda in 2021, is investing millions in a new venture — the revival of Duckhams, a storied British motor oil brand once favoured by Formula 1 legends including Nigel Mansell and Ayrton Senna. Issa’s investment, made independently of his brother Mohsin, is set […]
OnlyFans, the content subscription platform best known for its ties to the adult entertainment industry, could soon have new owners. According to reports, a US investor group led by Los Angeles-based Forest Road Company is in talks to acquire the London-headquartered platform for up to $8 billion. The sale would mark a significant exit for […]