Evolve Business Group, a Wigan-based specialist in managed network and IT solutions, has received a multi-million-pound investment from BGF, a leading growth capital investor in the UK and Ireland.
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£1m boost for Cambridge spin-out behind solar panel innovation
GraphEnergyTech, a Cambridge spin-out pioneering alternative electrodes for solar panels, has secured £1 million in funding from an investment round led by Aramco Ventures, the venture capital arm of Saudi Aramco.
AI firm Board Intelligence secures major US private investor in equity deal
Board Intelligence, a leading AI-driven firm enhancing boardroom performance, has sold a majority stake to Californian private equity house K1, valuing the London-based business at up to $300 million (£230 million).
Britain’s battery industry could spark revival with local LFP production
Britain’s battery industry, once in decline, could see a resurgence with the introduction of locally produced lithium iron phosphate (LFP), a critical component in electric vehicle (EV) batteries.
Guild Esports, backed by David Beckham, faces financial crisis after burning through £26.6M
Guild Esports, supported by David Beckham, faces financial turmoil with shares plummeting and only £25,000 left in the bank. Explore the challenges and potential strategic shifts for the struggling esports group.
Government scheme boosts UK chip start-ups with £10 million funding injection
The UK government’s ChipStart programme has enabled semiconductor start-ups to raise over £10 million, supporting innovations in AI and healthcare technologies, and driving economic growth.
Lovetovisit secures £3.2m funding to bolster UK tourism industry
Lovetovisit raises £3.2m to enhance UK tourism. Cardiff-based platform simplifies booking local attractions, expands AI capabilities, and plans international growth.
Streamkap Raises $3.3M to Bring Real-Time Data at a Fraction of the Cost to Businesses
Streamkap, a real-time data streaming provider, has secured $3.3 million in seed and pre-seed funding led by InReach Ventures, with participation from TEN13, Haatch Ventures and Begin Capital.
Shot Scope raises $8.5m in funding to bring golf improvement to 60 million golfers worldwide
Golf technology firm, Shot Scope, has raised $8.5m in a Series B funding round led by Guinness Ventures which invested $4m.
UK wellness start-up Zoe secures $15m investment to expand in US
Zoe, a British wellness start-up backed by celebrities, raises $15 million from Coefficient Capital to expand its personalised nutrition system in the US.
Revolut secures UK banking licence after three-year wait
Revolut, the fintech giant, secures a UK banking licence after three years, enabling it to offer loans and overdrafts and boosting consumer protections for its 9 million UK customers.
UK pioneers space refuelling with £2m investment in Orbit Fab’s innovative technologies
The UK Space Agency has awarded Orbit Fab a £1.3 million grant for developing innovative satellite refuelling technology, promoting sustainable space operations and expanding the UK’s space capabilities.
GrowUp Secures £38M Investment from Generate Capital to Expand Vertical Farming Operations
GrowUp secures £38 million investment from Generate Capital to expand its vertical farming operations, enhancing the production of sustainable, pesticide-free greens and meeting the growing demand for locally grown, ready-to-eat salads.
CultureAI raises $10 million in Series A funding to revolutionise human risk management
Leading Human Risk Management Platform, CultureAI, has announced the closure of a $10 million Series A funding round, co-led by Mercia Ventures and Smedvig Ventures, with continued support from existing investors Passion Capital and Senovo.
Xapien secures £8M in Series A funding to drive AI-powered transformation of the research industry
Xapien, a leading provider of AI-driven due diligence solutions, has announced the successful completion of an £8M ($10M) Series A funding round, led by YFM Equity Partners.