Fast-growing self storage operator Pink Storage has completed a £1.5 million investment into a newly acquired site in Nottingham, marking the latest milestone in its ambitious UK expansion strategy. The deal includes the £1.1 million acquisition of StoreWise, a 102-unit storage facility situated on a 1.3-acre site, alongside an additional £370,000 earmarked for upgrades. The […]
ScaleWise, the go-to-market (GTM) and talent partner for scaling B2B tech companies, has announced its role in supporting BGF’s £15 million investment in Cronofy, the fast-growing scheduling infrastructure platform. As part of the deal, BGF enlisted ScaleWise to deliver a practitioner-led commercial due diligence assessment, focusing on Cronofy’s go-to-market capabilities and market positioning. The engagement […]
Strava, the fitness tracking app that has become a lockdown staple for millions of runners and cyclists, has confirmed a new valuation of $2.2 billion following its recent acquisition of Runna, a UK-based running coaching platform. The deal, announced in April and completed on Thursday, marks a major step in Strava’s push to deepen its […]
OpenAI has announced a major strategic move to accelerate its expansion into hardware, with the acquisition of io, the San Francisco-based tech start-up founded by Sir Jony Ive, the former chief design officer at Apple. The merger, valued at $6.5 billion (£4.8 billion), will bring together Ive’s team of engineers, product developers and designers under […]
Artificial intelligence continues to dominate venture capital headlines — and cheques — but a new report from Silicon Valley Bank (SVB) warns the surge in AI investment is masking a growing divide in the startup ecosystem, with many non-AI ventures starved of capital and so-called ‘zombiecorns’ now on the rise. According to SVB’s State of […]
London-based battery tech start-up Sention Technologies has raised £3.7 million in a seed funding round to accelerate the commercialisation of its cutting-edge diagnostic tools for the battery industry. The round, led by Twin Path Ventures, attracted backing from a strong line-up of energy and AI-focused investors, including Doral Energy-Tech Ventures, Endgame Capital, Energy Revolution Ventures, […]
Revolut, the UK’s most valuable fintech company, has selected Paris as its new European headquarters, announcing a €1 billion investment in France over the next three years as part of its continued European expansion. The London-based digital bank confirmed it is applying for a French banking licence and will make the French capital its operational […]
Business investment in the UK jumped by 5.9% in the first quarter of 2025, marking the fastest pace of growth in two years and easing concerns that recent payroll tax increases would curb private sector spending. According to the Office for National Statistics (ONS), the sharp rise in investment from January to March helped lift […]
Wireless Logic, a British telecoms firm specialising in Internet of Things (IoT) communications, has sold a minority stake to US private equity group General Atlantic, in a deal that values the business at £3.5 billion — a staggering 100-fold increase from its valuation when it was bought back from Dragons’ Den investor Peter Jones in […]
The University of Hull has announced the launch of Railwhere, a new spinout company set to transform the freight industry by helping rail operators cut costs, reduce emissions, and deliver goods more efficiently. Developed from seven years of cutting-edge research at the University’s Logistics Institute, Railwhere combines operational insight with award-winning software to support a […]