Birmingham-based healthcare technology company Medmin Group Ltd (Medmin) has secured a £750,000 investment, as part of a larger £1,450,000 funding round. This £750,000 will come from two different funds: £500,000 will come from the Midlands Engine Investment Fund (MEIF) through the MEIF West Midlands Equity Fund, and the remaining £250,000 from the West Midlands Co-Investment […]
London startup BoxxDocks, whose world-first tech logistics boxes offer a smart solution to improving efficiency and reducing carbon footprints in shipping, has hit £250,000 in pre-seed funding, following an investment from British Design Fund. Unlike traditional fixed-size packing boxes currently used in warehouses and delivery vans across the world, BoxxDocks’ patent-pending smart logistics boxes can […]
UK FinTech funding has dipped in the first half of 2023, as total cash raised by UK fintech firms reached $2.9 billion in the first six months, showing a 37 per cent decrease compared to the later half of last year, according to new figures from industry body Innovate Finance. Investment has also appeared to […]
A health technology business co-founded by Daniel Ek, the chief executive of Spotify, has raised €60 million to open clinics throughout Europe and Britain that aim to pick up serious diseases early. Neko Health has developed a body-scanning technology that it is claimed can give patients a full check-up in about ten minutes. Seventy different […]
Prime Minister Rishi Sunak and Chancellor Jeremy Hunt should cut companies’ national insurance contributions and make the temporary business investment tax relief permanent, an influential think tank has argued in a radical blueprint to overhaul the UK’s tax regime. Employers’ should be subjected to a 12.8 per cent national insurance levy, one percentage point lower […]
Healthy foods business Foodhak is successfully designing nutritious meals by using generative AI to process the results of more than 200,000 clinical health trials, it has announced. In a world first, the trailblazing company is now at the forefront of utilising state-of-the-art artificial intelligence techniques to perfect its foods which have medicinal benefits. It has […]
Moneyshake a leading car leasing comparison company based in Keele, announced today that its founders and early-stage investors have reinvested £250,000 in the company. This significant reinvestment comes after a strong year-on-year growth, particularly over the last six months. The company will utilise the additional capital investment to further expand Moneyshake’s brand presence and accelerate […]
Ryan Reynolds and Rob McElhenney have expanded their sporting portfolio by investing in Oxfordshire-based Formula One team Alpine Racing. The Hollywood stars and co-owners of Wrexham are part of a $200m (approximately £157m) investment, representing a 24% stake in the team, who sit fifth in the constructors’ championship. Reynolds’ Maximum Effort production company has teamed […]
A luxury bedding brand with sustainability at its core has officially closed its first round of fundraising via Seedrs, having secured impressive funding of over £220,000 from 271 investors. Led by frontman and young entrepreneur James Higgins, Ethical Bedding is dedicated to ethical, sustainable and meaningful business. Following his recent appearance on BBC’s business reality […]
Exergyn, an industry-leading cleantech company, has today announced the creation of 15 new roles in line with the opening of its new office in Rugby, Eastern Warwickshire. Exergyn invested £500,000 in the new centre, redesigning it for its new purpose, which will indirectly support more jobs in the region, and allow the company to benefit […]