Online music-streaming service Spotify has raised $250 million in a new funding round, making it one of the world’s most richly capitalised start-ups.
Category: Get Funded
Kabbee races ahead with £3.8m Series A funding round
Kabbee, the price comparison service for London’s best minicabs, has completed a £3.8m Series A funding round with a view to accelerating its growth in London led by Octopus Investments and Simon Dixon.
Nicola Horlick asks ‘the crowd’ to reserve an investment in her new restaurant
Nicola Horlick, the controversial fund manager, is seeking crowd funded investment for a west London restaurant through Seedrs
500 UK entrepreneurs prepare for Global Startup Battle
Teams set to form at Startup Weekends in Manchester, Sheffield, Swansea, Cambridge, and Nottingham will vie for $20,000 prize
Duane Jackson proves anyone can do it as IRIS buys KashFlow software company
Duane Jackson got kicked out of school at 15 and, five years later, was arrested in Atlanta, Georgia, for trafficking 6,500 ecstasy tablets, served two years in prison in the UK. “On his release, he found it hard to get a job because of this black hole on my CV,” So he launched the startup, called KashFlow. Now with revenues at around £2 million he has sold the company to the IRIS Software Group.
Angels tell Dragon Elnaugh ‘they’re in’ for her new business in the Angels Den
Original Dragons’ Den star Rachel Elnaugh has become the first crowdfunder to smash the target on the unique new platform launched by Angels Den.
Contego secures £900k of growth funding
London Business Angels investors, Angel CoFund, Rainbow Seed Fund and others invest in risk management solutions company
Innovative bioscience company Cell Guidance Systems nearly £250k on Crowdcube
Cambridge-based Cell Guidance Systems, which provides products and services for stem cell scientists, has successfully raised £242,800 on the equity crowdfunding platform Crowdcube – exceeding its investment target by a massive 142 per cent.
Deputy PM Nick Clegg opens social enterprise accelerator Wayra UnLtd
Two years from the launch of its first Wayra Academy, Telefonica’s new Wayra unLtd accelerator space, aimed at promoting technology that makes a positive change to society, was officially opened by the Deputy Prime Minister Nick Clegg
£50 million of long-term capital pledged to support Cambridge technology companies
Cambridge Innovation Capital (‘CIC’) has announced that it has raised an initial £50m from long term institutional and strategic investors to support the growth of innovative businesses based in the Cambridge Cluster.
£1M digital & creative fund launched for Greater Manchester
The Technology Strategy Board, the government’s national agency for innovation, is partnering with the Business Growth Hub to launch a new £1m fund designed to support the creative and digital industry in Greater Manchester.
Kevin McCloud’s Hab Housing breaks Crowdfunding Investment record
The sustainable housing developer Hab Housing, founded by Kevin McCloud, has successfully raised nearly £2million on the equity crowdfunding platform Crowdcube.
Daatch the dating app for gay women closes £100K to boost UK launch
Dattch, currently one of 17 startups in the Wayra London incubator cohort, has just closed a £100,000 angel small seed round, with three angel investors — including Yannick Pons and Andy Phillips.
Welsh tech entrepreneurs to receive boost with new TechHub site for Swansea
Tech start-up network TechHub has announced that it is opening of a new site in Swansea, which it claims will boost technology innovation and entrepreneurship in the South Wales region.
Flooved, the ‘Spotify for textbooks’ hits funding target with high profile angels
British education technology startup Flooved has completed its first significant round of funding from angel investors.
