London-based edtech company MyTutor has acquired Fire Tech, a training platform that teaches children technology skills such as coding.
Category: Get Funded
Autonomous vehicle startup Wayve raises $200m in Microsoft-backed round
British autonomous vehicle startup Wayve has raised $200m (£147m) in a funding round backed by Microsoft and Virgin.
Legal tech startup Juro raises $23m for US and European expansion
London-based contract automation platform Juro has raised $23m (£16.9m) in a Series B funding round. The funding was led by Eight Roads, a global venture capital fund that has previously invested in Alibaba, Cazoo and Appsflyer.
Crowdcube faces financial watchdog probe over failed fast-food firm
Crowdfunding platform Crowdcube faces a slew of investigations from a financial watchdog after a group of investors say it failed to verify a company’s business plans resulting in them losing thousands of pounds.
New York Times to buy subscription sports site the Athletic for $550m
The New York Times has agreed to buy subscription-based sports site the Athletic for $550m (£400m) in cash, as the 170-year-old newspaper adds more digital content to grab subscribers.
Gousto delivers up £150M of new funding valuing meal delivery giant at $1.7BN
Gousto, the UK meal-box subscription service, has raised $100 million from SoftBank’s Vision Fund 2 and $50 million in new debt capital from HSBC and Barclays.
Jordan set for pole position in race to take over Playtech
An Australian gambling group bidding for gambling technology company Playtech could lose pole position after a consortium involving the former Formula One tycoon Eddie Jordan was given more time to come up with a £3 billion counterbid.
Jury finds Theranos Elizabeth Holmes founder guilty on four fraud counts
Elizabeth Holmes, founder of Theranos, has been found guilty on four of 11 charges of fraud, concluding a high profile trial that captivated Silicon Valley and chronicled the missteps of the now-defunct blood testing startup.
Why you need a financial model – shape up for investment in 2022
From financial models to pitch decks, preparation is key for investment, be sure to read all of this, tick off the check list and be prepared
UK SMEs turning to crowdfunding to fuel growth out of the pandemic
According to a survey SMEs are more likely to choose non-traditional ways of accessing capital such as crowdfunding or offering investment opportunities to employees, than traditional investment.
UK space firm secures £7.6m to fund trial of factory satellites
From a humble garage to international backing, Space Forge plans to manufacture alloys, medicines and semiconductors in microgravity
Workfellow announces close of Series A funding round of $3.12 million
Workfellow, the software product company with the first plug-and-play tool that provides a holistic view of the impact of digital transformation on team work, has announced that it has raised $3.12 million in its Series A funding round.
Sir Paul McCartney comes together with investors to back music start-up Audoo
Sir Paul McCartney is among a group of investors behind a £7.2 million funding round for the music start-up Audoo.
Octopus Energy raises further £300M investment to value startup at $5bn
Octopus Energy has raised $300m of investment to value the power supplier at $5bn – despite soaring energy prices that have triggered a wave of collapses among its rivals.
Locket secures £1m on Seedrs
Locket, the prevention-first insurance provider has opened its crowdfund to the public this week, and already secured £1m against a target of £750k.
