Spotify founder Daniel Ek will step back from day-to-day leadership in January to become executive chairman, as Gustav Soderstrom and Alex Norstrom take over as co-CEOs.
The British Business Bank commits €20m to Notion Capital’s €114m Opportunities III fund, supporting UK and European software and fintech scaleups at the growth stage.
University of Edinburgh spinout SeaWarm secures £550,000 to scale its modular water-source heating technology, aiming to slash CO₂ emissions by up to 90% and reduce fuel…
Growth Lending has unveiled a £150 million strategy to support the expansion of healthcare and social care providers across the UK, pledging to deliver flexible capital…
Cybersecurity legend Peter Bauer backs Glasgow recruitment platform in record investment round
Revolut has pledged a £3bn UK investment over five years, creating 1,000 jobs and expanding its London HQ. Chancellor Rachel Reeves hailed the move as a…
Nvidia will invest up to $100bn in OpenAI and supply its data centre chips from 2026, in a landmark partnership between two of the world’s AI…
Yaso, a UK ecommerce firm that helps British beauty brands sell in China, has raised more than £8 million to expand into new consumer sectors including…
Shawbrook has provided a £10m block facility to Fenyx Bridging, supporting the new specialist lender’s launch and expansion in the UK bridging finance sector.
Nvidia will invest $500m in UK-based Wayve, boosting AI mobility innovation as part of wider funding pledges including Revolut and Synthesia during Trump’s UK visit.
Deliveroo founder Will Shu to leave after pocketing nearly £200m from the £2.7bn sale to DoorDash, ending the food delivery app’s turbulent four years on the…
Octopus Energy has spun off its AI-powered tech arm Kraken, now serving 70m accounts worldwide with $500m annual revenues. The move will fast-track global growth and…
Lynn Forester de Rothschild is preparing to sell her 20% stake in The Economist, worth up to £400m. Lazard has been appointed to manage the process…
French deeptech firm Cailabs has raised €57m, led by the EIB, to scale production of optical ground stations, expand globally, and advance sovereign space communications.
Tottenham-based Vanquish Fitness has secured a £1m trade loan from NatWest, guaranteed by UK Export Finance, to expand its athleisure business and scale in the US…