Electric vehicle charging app Zap-Map has secured £9m in Series A funding to grow its development team and fund international growth. Headquartered in Bristol, Zap-Map’s app lets users find and pay for public EV charging points. Zap-Map also publishes data analytics on the UK’s electric vehicle sector. “This fundraising round allows us to accelerate Zap-Map’s […]
Former Chancellor Lord Philip Hammond has been appointed to the advisory board of the provisionally named Fintech Growth fund, a £1bn venture to invest in financial technology startups, according to reports. Sources told Sky News on Monday that Lord Hammond, who served as chancellor under former Prime Minister Theresa May from 2016 to 2019, would […]
London-based Onto has raised $60m (£49.9m) in a Series C equity funding round for its electric vehicle (EV) subscription service. A study from accounting firm EY found that 49% of drivers want their next vehicle to be an electric car. However, EVs remain prohibitively expensive for many. Data from NimbleFins shows the average upfront cost […]
The Treasury has confirmed it remains committed to creating a government-backed non-fungible token (NFT) in order to fuel an influx of crypto-based business to the UK. Rishi Sunak, alongside other ministers, has endorsed a UK NFT with the Royal Mint, a government-owned mint that produces coins for the UK, told to create a token by […]
Streaming giant Spotify has snapped up daily music game Heardle as the firm builds out its interactive offerings to keep music lovers listening. The news comes just weeks after the company launched a “karaoke mode”, which provides users with the lyrics to their favourite songs. Heardle, which is a Wordle spin-off, will remain a standalone website, and […]
ID-Pal, the global identity verification provider, today announced a £6 million Series A funding round to further fuel expansion into international markets. The round was led by Inspire Investments with confidence shared by Act Venture Capital who have now participated in ID-Pal’s last two rounds. Inspire Investments is led by Derek Delaney, CEO of Waystone, […]
Holidu, the German search engine for holiday rentals is one of the world’s fastest-growing travel tech startups. Now, the company has announced that it secured £32 million Series D funding to fuel its expansion plans. Eyes to expand holiday rental software business The investment round was led by 83North, which has backed global category leaders […]
As the world tried to stem the spread of the Covid-19 virus and contain the outbreak, tourism slowly came to a halt. One of the most affected industries, the travel and tourism sector, bore the brunt of the downturn much more than others. And yet, there were startups last year which rose to the occasion […]
Residential developers who meet green standards can now access a new Green Homes Incentive that will help deliver more thermally efficient and lower carbon homes in Wales. Funded by the Welsh Government, the Green Homes Incentive is available on residential development loans from Development Bank’s Wales Property Development and Wales Stalled Sites Funds and includes […]
The founders of LinkedIn and payments giant Stripe are among a group of heavyweight tech entrepreneurs to back a $158m funding round for scale-up investor Entrepreneur First, the firm revealed today. London-based Entrepreneur First (EF), which looks to nurture and fund early stage tech founder talent, has raised the fresh cash from Stripe co-founders John […]