Industry-leading Bike.Rent Manager has launched a new platform to connect consumers with rental shops worldwide, Bike.Rent. Working with over 650 bike stores worldwide, Bike.Rent has combined its trusted rental management software with the new platform. Cyclists will have visibility on how many bikes a shop has got and when they are available. The unique expansion […]
Global tech investors continue to put their faith in London, with latest end of year VC investment figures from Dealroom and London & Partners showing that the UK capital’s tech firms raised an impressive $19.8bn last year. Despite a challenging economic climate, London’s tech firms raised double the amount of investment than any European city […]
HRLocker has announced it has closed its first £1.8M (€2m) funding round. The round was led by Hugh O’Donnell’s investment firm, MACX3 Investments Limited, alongside a number of other successful entrepreneurs, family offices and private investors EIIS investors. HRLocker has ambitious plans for the funds raised. They want to break ground in new international markets, expand […]
Britishvolt is in talks with a consortium of investors over a deal which could potentially rescue the battery start-up’s ambitious gigafactory venture. The discussions are over the sale of a majority stake in the company and securing legally-binding terms that would provide it with the “long-term sustainability” and funding to build a viable battery cell […]
Etc., the incubation team in BT Group’s Digital unit boosting the businesses of the future has announces that it has entered into a £5 million deal with Altitude Angel, a leading Unified Traffic Management technology provider. As the two businesses scale the UK drone industry and support the development of the UK’s drone superhighway, set […]
Edinburgh-based investment syndicate, Archangels, invested £13.4m during 2022 in some of Scotland’s most promising early-stage tech and life science companies. The total investment for 2022 among 11 businesses marks a 14% increase on Archangels’ investment activity in 2021 (11.8m). New additions to the portfolio included tech firm Earth Blox who secured £1.5m funding from Archangels to expand […]
The UK tech sector will end the year as Europe’s leading ecosystem, retaining its position as the main challenger to the US and China amidst a global backdrop of difficult economic conditions, according to new figures from Dealroom for the Digital Economy Council During 2022, fast-growing UK tech companies have continued to raise at near-record […]
AIB has invested €8.5 million in BNRG, an Irish-based developer and operator of solar energy projects globally. BNRG currently has a solar development pipeline of 2.7 GW across Ireland, the USA, UK and Australia, in addition to 23 MW of operating assets in the USA. AIB’s investment will help fund BNRG’s ongoing development pipeline, which […]
Sure Valley Ventures, the VC firm that invests in early-stage software companies across the UK and Ireland, has led a £3m seed round in Jaid, an innovative technology firm providing AI-powered human communication solutions. The funding will be used to expand the team, enter new markets, and explore new verticals. This is the second investment […]
Fashion Cloud has announced it has received an investment of €25 million, led by European specialist growthequity investor Verdane. Verdane’s deep expertise in the B2B software business along with its large international network andits team of in-house specialists will support Fashion Cloud on its growth trajectory. Alongside Verdane, existing investors also participated in the funding […]