Industry-leading Bike.Rent Manager has launched a new platform to connect consumers with rental shops worldwide, Bike.Rent.
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London retains crown as Europe’s leading hub for tech investment
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.
HRLocker Raises £1.8M in funding round to accelerate growth and expand into new markets
HRLocker has announced it has closed its first £1.8M (€2m) funding round.
Microsoft moves in on $10bn backing for ChatGPT ‘sensation’
Microsoft is weighing up a second investment in the developer behind the advanced ChatGPT chatbot, this time for $10 billion.
Britishvolt in rescue talks to save gigafactory project
Britishvolt is in talks with a consortium of investors over a deal which could potentially rescue the battery start-up’s ambitious gigafactory venture.
BT backs Altitude Angel to be UK’s global leader for commercial automated drone operations
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.
Archangels invests £13.4M to fuel growth of Scotland’s early-stage businesses
Edinburgh-based investment syndicate, Archangels, invested £13.4m during 2022 in some of Scotland’s most promising early-stage tech and life science companies.
UK tech sector retains third in the world as sector resilience brings continued growth
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
AIB invests €8.5 million in solar developer and operator BNRG
AIB has invested €8.5 million in BNRG, an Irish-based developer and operator of solar energy projects globally.
Sure Valley Ventures leads £3 Million Seed Round in AI as a Service Start-Up Jaid
Sure Valley Ventures, the VC firm that invests in early-stage software companies across the UK and Ireland, has led a £3m seed round in Jaid, an innovative technology firm providing AI-powered human communication solutions. The funding will be used to expand the team, enter new markets, and explore new verticals.
Fashion Cloud receives €25 million investment
Fashion Cloud has announced it has received an investment of €25 million, led by European specialist growthequity investor Verdane.
Flexible office space provider secures £2.5m investment to accelerate growth
Flexible office space provider, Canvas, has secured £2.5 million in debt finance from leading alternative finance provider, ThinCats, to accelerate growth and expand its property portfolio in strategic locations across London.
UK tech sector investment strength overshadows European rivals
UK technology businesses continued to overshadow their European counterparts this year when it came to value and investment levels, although both have fallen in the face of economic headwinds as the pandemic-fuelled boom has ground to a halt.
Growing self-storage company invests £50 million into expansion programme
One of the pioneers of self-storage in the UK, Space Station, has taken over the day-to-day running of Fort Locks in Banbury as part of their expansion programme.
Home Office finally agrees scale-up visa licenses 3 months after very slow start
The first four scale-up visa licences have been approved by the Home Office three months after the scheme began, prompting lawyers to question the slow take up.