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 […]
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 […]