Revolut, the fintech giant, secures a UK banking licence after three years, enabling it to offer loans and overdrafts and boosting consumer protections for its 9 million UK customers.
Category: Get Funded
UK pioneers space refuelling with £2m investment in Orbit Fab’s innovative technologies
The UK Space Agency has awarded Orbit Fab a £1.3 million grant for developing innovative satellite refuelling technology, promoting sustainable space operations and expanding the UK’s space capabilities.
GrowUp Secures £38M Investment from Generate Capital to Expand Vertical Farming Operations
GrowUp secures £38 million investment from Generate Capital to expand its vertical farming operations, enhancing the production of sustainable, pesticide-free greens and meeting the growing demand for locally grown, ready-to-eat salads.
CultureAI raises $10 million in Series A funding to revolutionise human risk management
Leading Human Risk Management Platform, CultureAI, has announced the closure of a $10 million Series A funding round, co-led by Mercia Ventures and Smedvig Ventures, with continued support from existing investors Passion Capital and Senovo.
Xapien secures £8M in Series A funding to drive AI-powered transformation of the research industry
Xapien, a leading provider of AI-driven due diligence solutions, has announced the successful completion of an £8M ($10M) Series A funding round, led by YFM Equity Partners.
Trump media company shares soar after attempted assassination
Truth Social’s parent company sees significant gains, netting former president a $1.2 billion paper profit
Steven Bartlett invests in chapter 2 to revolutionise recruitment industry
Steven Bartlett invests in Chapter 2 to revolutionise the recruitment industry. Chapter 2 offers scalable, tech-enabled talent solutions, addressing the inefficiencies of traditional recruitment methods and delivering cost-effective results for businesses globally.
Flight-free travel pioneer Byway raises £5M to make journey-based travel mainstream
Byway, the travel tech startup and B Corporation championing flight-free travel, has raised £5 million in an oversubscribed Series A funding round.
CapitalRise secures £30 million funding line for bridging loans
CapitalRise, a leading prime property finance company, has successfully secured a new £30 million funding line with a prominent UK bank.
Edinburgh-based fintech platform Recast raises $5 million in funding round led by Morpheus Ventures
Recast, an Edinburgh-based fintech-for-media platform, has raised $5 million in a funding round led by Morpheus Ventures, with support from Airstream Ventures and Cooley. The investment will advance Recast’s smart payment platform and micro-payment wallet, revolutionising digital content monetisation and distribution.
British space companies aim for the stars with government support
In the UK, satellite navigation and communication underpin an estimated 17.7% of the nation’s GDP. While billion-dollar rocket companies like SpaceX and Blue Origin capture headlines, the UK’s space sector consists predominantly of small businesses.
Bizzed Wins BBT Award at Solana’s SuperTeam Competition
Startup Democratising Ownership of Profitable Main Street Businesses Takes Top Prize After Record 37 Pitches at UK Demo Day
Sustainable Ventures invests 12 times more in female-founded startups than industry average
Sustainable Ventures, Europe’s leading climate tech hub, invests 12 times more in female-founded startups than the industry average. Celebrating its 50th investment, the firm has committed 23% of its funding to female founders, driving success with a unique support model and focus on diverse founders.
Addison Lee up for sale as owners explore potential takeover
leading London minicab firm Addison Lee is up for sale as owners Cheyne Capital and Liam Griffin work with Jefferies to explore a potential takeover. The firm, which transports seven million passengers annually, faces revenue challenges and competition from Uber and black cabs.
UK special effects firm DNEG valued at $2bn after landmark fundraiser
DNEG, the UK special effects firm behind Dune: Part Two and Oppenheimer, secures a $200 million investment from Abu Dhabi’s United Al Saqer Group, valuing the company at over $2 billion. The funding will support DNEG’s expansion and innovation in AI-powered special effects tools.