Global climate tech accelerator and regranter Subak today launches applications for its 2023 cohort and calls on not-for-profit startups with data-led climate missions to apply. Subak’s two global nodes will support 14 early-stage startups in 2023 through an intensive three-month accelerator. The selected organisations will each receive unrestricted grant funding and will be guided through […]
The Dyers’ Company has launched a new Seed Capital Investment Fund designed to support innovation in, and the commercialisation of, business ideas with a link to colour or colouration. The Dyers’ will consider initial investments of up to £25,000 per venture for fledgling businesses and entrepreneurs seeking to transform their innovative ideas into successful businesses. The initiative is relevant to a vast range […]
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 […]