Fleek raises $20.4 million to create the first online marketplace for wholesale second-hand fashion, connecting thousands of global suppliers with resellers in over 70 countries.
Category: Get Funded
Fuel Ventures leads £1.5M seed round in Groov to transform embedded lending for SMEs
Fuel Ventures has led a £1.5 million investment in Groov to drive growth in embedded lending, aiming to bridge the $1.2 trillion SME funding gap with flexible capital solutions.
Kuberno raises £9.5m in series a funding co-led by Barclays and Nasdaq Ventures
Kuberno, a leader in legal entity management software, raises £9.5M in Series A funding from Barclays and Nasdaq Ventures to drive global expansion and AI innovation. Discover their growth plans and platform advancements.
Brookfield buys £1.75bn stake in Orsted’s UK offshore wind farms
Brookfield, chaired by former Bank of England governor Mark Carney, has acquired a 12.45% stake in four UK offshore wind farms owned by Orsted for £1.75 billion ($2.3 billion).
South East leads in bank loans to small businesses as other UK regions lag behind
Bank lending to small businesses in the South East has surged, while other UK regions struggle. Find out how British Business Bank’s latest research highlights regional disparities and the impact of permanent government funding.
Funding for UK start-ups falls to six-year low as investment slows
UK start-up investment has dropped to a six-year low, raising concerns about growth prospects ahead of the Autumn Budget. With funding rounds falling, innovation could be at risk.
Former Asda boss Mohsin Issa invests £10m in sports supplement firm ahead of London IPO
Ex-Asda CEO Mohsin Issa invests £10m in Applied Nutrition, a sports supplement company, ahead of its London stock market float.
Monese acquired by Pockit as HSBC writes off its investment
Pockit has acquired FinTech Monese after HSBC wrote off its investment in the app-based bank. The deal creates a combined customer base of 3m and £30m in annual revenue.
Former Tesco chief invests in ‘spotify for textbooks’ platform perlego with $20m funding round
Education tech company Perlego secures $20m investment led by ex-Tesco boss Sir Terry Leahy, aiming to expand its digital library platform globally and develop AI-powered tools.
Private equity firms target Evelyn Partners’ accountancy division despite regulatory concerns
Private equity firms, including Apax, are eyeing Evelyn Partners’ accountancy unit, valued at over £500M, amid regulatory scrutiny of private capital’s influence in the UK audit market.
ALL.SPACE secures $44m funding to advance satellite communications technology
ALL.SPACE, an advanced communications firm known for its cutting-edge technology used in military operations, has raised $44m (£33m) in a new funding round led by defence-focused investment firm Boka Group, which recently appointed former UK defence secretary Ben Wallace as a partner.
Innovate UK urged to shift focus from grants to strategic investments in tech firms
Cambridge University’s Ewan Kirk calls for Innovate UK to shift focus from grants to equity investments in strategic tech firms, as Stella Peace takes over as interim executive chair.
Businesses backed by private equity face heightened default risks, warns Bank of England
Private equity-backed businesses face increased default risks compared to other large firms, according to the Bank of England. Research shows these companies are more reliant on risky debt markets and are vulnerable to higher interest rates.
Wealthy investors flock to start-ups for tax breaks amid looming capital gains tax raid
Wealthy investors are pouring money into start-ups through SEISs to halve capital gains tax bills before an expected tax hike in the budget. Learn how tax relief schemes are driving this investment boom.
Apprentice winner Dr Leah Totton and Lord Sugar secure multi-million pound payout after selling majority stake in cosmetic clinics
Dr Leah Totton and Lord Alan Sugar secure a multi-million pound payout after selling a majority stake in their cosmetic clinic chain to private investment group AAP. Learn more about the deal and future plans.