Socium, an all-in-one HR management platform based in French-speaking Africa, has secured a $5 million funding round to expand its services and become the go-to HR solution for mid-sized companies in the region. This funding follows a previous $1.1 million round in August 2022, highlighting the company’s rapid growth despite a broader slowdown in African […]
Ferguson Whisky Limited, a Glasgow-based company specialising in rare whisky investment opportunities, has secured a £450,000 funding package from Virgin Money, backed by UK Export Finance (UKEF). The funding will support the purchase of whisky stock, enabling the company to expand operations and meet growing international demand. Founded in 2021 by CEO David Ferguson, the […]
Virtue Drinks, the UK’s fastest-growing clean energy drink brand, has announced the successful closure of a £2 million investment round. This latest funding brings the company’s total investment to over £5 million. Notable investors in this round include James Watt, co-founder of BrewDog—Europe’s largest craft beer brand—and Eberechi Eze, Premier League footballer and England international. […]
Killing Kittens, the UK-based sex party organiser partly backed by the government, is raising funds to fuel its global expansion and develop new ventures, including a permanent venue, cruise ship events, and a gay male-focused enterprise. KK Group, operating under the Killing Kittens brand, is aiming to meet the growing demand for “meaningful in-person connections” […]
Killing Kittens, the UK-based sex party organiser partly backed by the government, is raising funds to fuel its global expansion and develop new ventures, including a permanent venue, cruise ship events, and a gay male-focused enterprise. KK Group, operating under the Killing Kittens brand, is aiming to meet the growing demand for “meaningful in-person connections” […]
London-based tech firm Goodstack has secured £22 million in venture capital funding, positioning it to facilitate £2.4 billion in employee donations to good causes this year. The company, whose platform is utilised by major corporations such as HSBC, LinkedIn, and design software firm Canva, has been quietly investing the capital raised from San Francisco-based General […]
Kuberno, a global provider of legal entity management software, has closed its Series A funding round with a total of £9.5 million, including a recent £6 million investment from Barclays and Nasdaq Ventures. This capital injection follows Nasdaq Ventures’ initial investment in March 2023, and Kuberno has since achieved impressive growth, tripling its annual revenue […]
Brookfield, chaired by former Bank of England governor Mark Carney, has acquired a 12.45% stake in four UK offshore wind farms owned by Orsted for £1.75 billion ($2.3 billion). This significant deal includes the world’s largest single offshore wind farm, Hornsea 2, located 55 miles off the Yorkshire coast with a capacity of 1.32 gigawatts—enough […]
Small businesses in southeast England are benefitting from a strong recovery in bank lending, leaving the rest of the UK trailing behind, according to new research from the British Business Bank. Lending to businesses in the region surged, driving a 21% rise in approved loans and overdrafts across the UK in the first half of […]
Investment in UK start-ups has hit its lowest level in six years, highlighting the growing challenge for the government in stimulating economic growth. In the three months to September, there were just 32 fundraising rounds for early-stage businesses, down from 75 in the previous quarter, according to data provided to The Times. A study commissioned […]