Cashflow management platform Lenkie has announced £49 million in fresh Series A funding—comprising £4 million in equity and a £45 million debt facility—to boost its payables financing solution for UK SMEs. Led by a major US private credit fund, the round aims to tackle a reported £22 billion shortfall in UK SME funding as banks […]
Seedable Studio, a Cardiff-based digital solutions company, has officially launched with £100,000 in seed funding from investors David Jones (the originator of Grand Theft Auto) and Stuart Little, a net-zero entrepreneur. The investment will fuel the company’s main focus: developing sustainable digital products with gamification elements. Led by Lowri Humberstone-Hill, Melin Edomwonyi and Perry Rylance, […]
Sky Media has confirmed that its Sky Zero Footprint Fund will be back in 2025 with an expanded format designed to create meaningful environmental progress through advertising. After taking a year’s break to refine the initiative, the advertising arm of Sky is once again offering £2 million in media support to brands and organisations at […]
Twin Path Ventures, the UK’s leading pre-seed investor in AI-first start-ups, has received a £10 million commitment from British Business Investments. The agreement, spread over the next three years, is designed to expand Twin Path’s capacity to nurture emerging tech founders across all UK regions. Led by partners John Spindler, Nick Slater, and Katie Lockwood, […]
Mira Murati, once the chief technology officer of OpenAI during the development of ChatGPT, has unveiled a new venture — Thinking Machines Lab — with an initial team of about 30 researchers and engineers. Notably, the group includes several former OpenAI colleagues and hires from Character.AI and Google DeepMind. Among the recruits are John Schulman, […]
A Cambridge-based start-up that designs and manufactures folding electric bikes has secured £1.2 million in fresh investment, aiming to ramp up production in a bid to rival market leader Brompton. Flit, founded in 2016 by cycling enthusiast Alex Murray and former Jaguar Land Rover engineer Dave Henderson, says demand for its models far exceeds current […]
A dyslexic entrepreneur has won the support of Sir Richard Branson by pitching his new education app to a video doorbell installed in a hotel lift. Hugh Johnston, 27, discovered last week that the Virgin founder had watched his 60-second pitch and would help promote Tyypo, the app he created to help dyslexics learn from […]
Britain has emerged as the most unpopular market worldwide among leading fund managers, as growth stalls and inflation lingers following Chancellor Rachel Reeves’s Budget. A monthly survey by Bank of America reveals the UK is the least attractive country for investors, ranking below bonds, cash, energy and utilities in terms of appeal. The findings come […]
Fuel Ventures, a leading UK venture capital fund, has co-led a £300,000 funding round in PlanningHub, a cutting-edge PropTech platform using AI to transform access to planning information for property development. Designed to eliminate the inefficiencies of the UK’s complex planning system, PlanningHub provides instant, data-driven insights to developers, investors, and local authorities, helping to […]
London-based startup IMPOSSIBREW has successfully closed its latest Crowdcube fundraising round, securing £1,575,390—more than three times its original £500,000 target. Founded by Mark Wong, the company is redefining alcohol-free drinking with its patent-pending Social Blend technology, which naturally enhances relaxation while delivering an authentic beer experience. The funding round, which valued IMPOSSIBREW at £12 million […]