Borrow A Boat, the UK’s leading boat rental and yacht charter marketplace, has today closed their most successful crowdfunding round to date, raising £3,017,030 from 670 investors. The raise brings the business’ lifetime crowdfunding total to over £7.8 million. Founded in 2017, Borrow A Boat has access to over 45,000 boat rentals and yacht charters […]
Bowmark Capital, the private equity investor, has backed the buy-out of Cornwall Insight, a leading provider of research, data and analysis to the energy sector. Cornwall Insight’s publications, analysis and consulting services enable its customers to understand complex policy change; ensure regulatory compliance; value their assets; and enhance their investment strategies. The company has over […]
Autonomous warehouse robot maker BotsAndUs has secured $13m (£10.6m) in a seed round led by Swiss venture capital firm Lakestar. London-based BotsAndUs will use the capital to develop its robots that are used to measure, track and locate stock in a warehouse. The startup’s robots use artificial intelligence (AI) to create a digital twin of […]
Porsche Ventures has invested $1.5m (£1.2m) into British cycling insurance provider Laka as part of a wider $13.5m (£10.9m) Series A funding round. Headquartered in London, the company is an insurance platform for cycling and electric vehicles. It plans to offer e-scooter, e-moped and electric car insurance in the future and will use the fresh […]
Playter, a London-based growth platform that helps SME’s scale quicker with buy now, pay later (BNPL), has today announced the closing of a $55 million funding round from the backers of Klarna, SoFi and Pipe. The funding is a mixture of equity and debt. The investment follows seed funding of $1.7 million in March, continuing […]
Irish start-up Webio, a leader in Conversational AI in the credit, collections and payments industry, has today announced a series A funding round led by Finch Capital. Webio is primed to scale-up following the digital shift during the pandemic and the uncertain economic climate to make difficult conversations about payments easy through their Conversation AI. […]
Online art marketplace Artfinder successfully raised £443,000 through its second Crowdcube campaign, from 590 investors, including new investment from lead investor, venture capital firm, Wellington Partners. Investors in the crowdfunding round will receive equity in the business, at a valuation of £17.5 million, up from £11m (post-money) in 2020. Artfinder has seen 140% sales growth […]
Leading independent asset-based lender Independent Growth Finance (IGF) has announced its latest growth figures, building on 2021’s record-breaking results. April saw client volume increase by 46%, now more than £2.4bn annually and a 55% growth in fund-in use against the same period last year. This continued growth is impressive amidst challenging economic conditions, and is testament to IGF’s continued commitment to financing underserved […]
LHV UK, a leading banking services provider to over 200 fintech and crypto companies has announced the opening of its second UK office in Leeds. The Company’s engineering and development teams, who will be tasked with building a proprietary online customer portal specifically tailored for the Company’s B2B fintech clients, will be based in the […]
The UK’s leading health and dental plan provider Simplyhealth, has announced it has invested in Ampersand, provider of digital therapies for inflammatory conditions. This collaboration will help accelerate the adoption of digital therapeutics in the UK, reducing outpatient appointments, improving health outcomes and cutting unplanned hospital visits for patients suffering with a broad range of […]